Gaming tax revenue up 20% in first 6 months
Gaming tax revenue reached $12 million in the first six months of the year, a 20 percent increase over the first half of 2014, due to a greater number of Thai nationals crossing into Cambodia to gamble, a Finance Ministry official said Wednesday. ...
Kang Sothear and Tsz-kwan Ho
https://www.cambodiadaily.com/business/gaming-tax-revenue-up-20-in-first-6-months-88562/
Cambodia says RCEP all about win-win cooperation, not zero-sum game
The Regional Comprehensive Economic Partnership (RCEP), the world’s biggest free trade deal, is all about “win-win” cooperation and is “not a zero-sum game,” a Cambodian government official has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501211518/cambodia-says-rcep-all-about-win-win-cooperation-not-zero-sum-game/
Wife of Pailin Governor Reaps Benefits From Casino Deal
Venturing into Cambodia’s casino market in May 2011, Macau-backed gambling firm Entertainment Gaming Asia (EGA) promised tens of thousands of dollars to the wife of Pailin’s provincial governor in order to lease land for the construction of a new casino, documents filed with the U.S. ...
Simon Lewis and Hul Reaksmey
http://www.cambodiadaily.com/news/wife-of-pailin-governor-reaps-benefits-from-casino-deal-40660/
SEA mobile games revenue to hit US$7bil by 2019: Frost & Sullivan
The mobile games industry in South-East recorded impressive growth and reached over US$1 billion in revenue in 2014, according to Frost & Sullivan. Recent analysis from Frost & Sullivan shows that this was also the fastest growing region for mobile games in the world, driven by ...
DNA News Staff
https://www.digitalnewsasia.com/mobile-telco/sea-mobile-games-revenue-to-hit-usd7bil-by-2019-frost-sullivan
In Cambodia, Cyber Casinos Fall Into a Legal Gray Area
In 2010, the Ha Tien Vegas Entertainment Resort, a casino investment on Kampot province’s border with Vietnam that included luxury karaoke rooms and suites, launched with high hopes of attracting Vietnamese gamblers. At the end of December, Ha Tien Vegas closed down. To the north, in ...
PFS lowers capital cost estimates for Renaissance’s Cambodia gold project
The PFS estimated that the project would require capital investment of $120-million, which was down from the $133-million estimated in the 2014 scoping study, while life-of-mine cash costs also decreased from the $735/oz estimated in the scoping study, to $684/oz. ...
Esmarie Swanepoel
http://www.miningweekly.com/article/pfs-lowers-capital-cost-estimates-for-renaissances-cambodia-gold-project-2015-07-27
Oz an example for mining reform
Inspired by Australian mining regulations, the Cambodian government is considering a raft of changes to the mineral resources mining law, including a rethink of the sector’s comparatively high tax rate. Citing discussions held with Western Australia state mining industry representatives last week, Meng Saktheara, secretary of ...
Eddie Morton
http://www.phnompenhpost.com/business/oz-example-mining-reform
Oz study plants roots for nine crops
The Cambodia-Australia Agricultural Value Chain (Cavac) programme on August 25 released a study identifying nine high-value crops with strong export potential in China, the EU, ASEAN, Australia and New Zealand. ...
Thou Vireak
https://www.phnompenhpost.com/business/oz-study-plants-roots-nine-crops
Cambodia, Oz to bolster trade, investment
Cambodia and Australia have reaffirmed their commitment to further boosting trade, investment and cooperation, especially on post-Covid recovery initiatives in all areas, according to the Ministry of Commerce on March 11. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-bolster-trade-investment
China-aided 2023 SEA Games stadium symbolises close Sino-Cambodian ties
Travelling along National Road 5 in the north of Phnom Penh, the capital of Cambodia, tourists can easily spot a mammoth sailing ship-shaped structure – the China-funded Morodok Techo National Stadium. ...
Oz stands with Kingdom in Covid fight: diplomat
A senior Australian diplomat commended the Cambodian government’s response to the Covid-19 crisis and the actions it took to protect its people and the economy. ...
Mom Kunthear
https://www.phnompenhpost.com/national/oz-stands-kingdom-covid-fight-diplomat
Cambodia-Oz trade dips 8.5%
Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). Concurrently, imports from Australia ...
Hin Pisei
https://phnompenhpost.com/business/cambodia-oz-trade-dips-85
War games: Ministry says 'please don't be alarmed' as it announces Golden Dragon military exercise with China
The Ministry of Defence on Thursday warned civilians and aircraft to avoid a section of Kampong Speu province from March 15 to March 30 while Cambodia participates in its Golden Dragon military training exercises with China. ...
Ben Sokhean and Andrew Nachemson
http://www.phnompenhpost.com/national/war-games-ministry-says-please-dont-be-alarmed-it-announces-golden-dragon-military-exercise
Oz spending over $34m for clean water projects
The Australian government is spending around $34.33 million to build clean water facilities and pipe systems that will benefit at least one million Cambodians people living in the countryside. ...
Tin Sokhavuth
https://www.khmertimeskh.com/50983023/oz-spending-over-34m-for-clean-water-projects/
NEC, Oz envoy talk election preparations
Australian ambassador Justin Whyatt on May 5 met with National Election Committee (NEC) chairman Prach Chan to discuss preparations for the July 23 national elections. During the meeting, Whyatt recounted his mission to Cambodia between 2002 and 2003 to observe the commune council and general elections. ...
Kim Yutharo
https://www.phnompenhpost.com/national/nec-oz-envoy-talk-election-preparations
Oz pledges $66M for economic resilience
Australia plans to provide about A$90 million (US$66 million) in funding to Cambodia for a new bilateral project dubbed “Resilience Economic Development”, according to the Council for the Development of Cambodia (CDC) on September 15. ...
Thou Vireak
https://www.phnompenhpost.com/business/oz-pledges-66m-economic-resilience
Oz digs deep for water infrastructure
Australia launched the Cambodian component of the Mekong-Australia Partnership (MAP) initiative to strengthen Cambodia’s economic recovery, environmental resilience and human resource development. ...
Ry Sochan
https://www.phnompenhpost.com/national/oz-digs-deep-water-infrastructure
Cambodia-Oz trade dips 8.5%
Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-trade-dips-85
Australian Police Say Appropriate Steps Taken in BHP Bribery Case
The Australian Federal Police (AFP) said Monday they have taken the necessary steps to investigate claims that the world’s largest mining company, BHP Billiton, bribed officials in Cambodia and played down reports that it had mishandled one the country’s largest cases in corporate corruption. “The ...
Cambodia-Oz trade rises 52% in 2021
Australia has reaffirmed its commitment to furthering business dealings with Cambodia, as data from the commerce ministry revealed that bilateral trade volume between the two countries reached $324.492 million in 2021 – a 52 per cent surge year-on-year despite the ongoing Covid-19 crisis. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodia-oz-trade-rises-52-2021