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ASX chief steps down amid probe into payment

The chief executive of the Australian Securities Exchange (ASX) resigned his post on Monday in the wake of an investigation into a possible $200,000 bribe paid by a gaming firm he previously headed to a consultancy with connections to a sister of Prime Minister Hun ...

Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/asx-chief-steps-down-amid-probe-into-payment-110230/

Wing plans for more growth

Wing Specialised Bank is trying to stay ahead of the game in the money transfer and mobile payment sector by forging new partnerships. The Post’s Ayanna Runcie sat down with Wing’s recently appointed CEO Jojo Malolos to discuss his plan for the company’s future. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/wing-plans-more-growth

City to have mass transit system in place by 2023

Cambodia will have an automated gateway transit system (AGT) ahead of 2023 – when the country is due to host the Southeast Asian Games – with the Japan International Cooperation Agency (JICA) on track to complete the feasibility study by May next year, according to ...

May Kunmakara
http://www.khmertimeskh.com/5090885/city-mass-transit-system-place-2023/

Cambodia’s Grand Dragon Resorts seals proxy betting deal

Casino property Grand Dragon Resorts (pictured), located in Cambodia, has partnered with live dealer gaming system provider Ezugi to offer proxy betting. The agreement will see Ezugi using its casino streaming technology to broadcast live table action direct from the casino floor, including baccarat tables and ...

GGRAsia News Staff
http://www.ggrasia.com/cambodias-grand-dragon-resorts-seals-proxy-betting-deal/

Human traffickers use social media to lure job seekers to Cambodia

Human traffickers in Việt Nam are finding ever more inventive ways to lure potential victims overseas for exploitation. Through social media networks like Facebook or Zalo, they are offering well-paid jobs at casinos or online games in Cambodia, before springing their trap. ...

Khmer Times Staff
https://www.khmertimeskh.com/501004569/human-traffickers-use-social-media-to-lure-job-seekers-to-cambodia/

Cash-strapped S’ville casino looks to expand

The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...

George Styllis
http://www.cambodiadaily.com/business/cash-strapped-sville-casino-looks-to-expand-67596/

Ministry, TV stations agree on locally made programming block

In an effort to boost Cambodia’s entertainment industry, local television broadcasters will soon dedicate an hour of prime time programming to airing Cambodian-produced shows and films. During a meeting with the Ministry of Information on Monday, TV station representatives agreed to broadcast locally produced films and ...

Sarah Taguiam and Pech Sotheary
http://www.phnompenhpost.com/national/ministry-tv-stations-agree-locally-made-programming-block

Top cop to officers: ‘behave’

Cambodian police officers need to step up their game, the Kingdom’s top cop told his department hierarchy this week.Speaking at a ceremony to promote two senior officers on Monday, National Police chief Neth Savoeun said staff who want to be promoted or rewarded needed to ...

Taing Vida
http://www.phnompenhpost.com/national/top-cop-officers-behave

Aus firm buys Poipet casino

Australian-listed firm Donaco International, which currently has operations in Vietnam, has confirmed it is entering Cambodia’s already-crowded casino and gaming industry. The company announced on Friday that it had entered into an acquisition agreement to purchase the Star Vegas Resort and Club casino in Cambodia’s Poipet ...

Chan Muyhong
http://www.phnompenhpost.com/business/aus-firm-buys-poipet-casino

Sihanoukville aims to reform tourism landscape

Preah Sihanouk province plans to attract a new type of Chinese investor which could restore the image of Sihanoukville as a tourist city and shift investment away from casinos. In a meeting with Chinese embassy officials in August, provincial governor Kuoch Chamroeun said the current ...

Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-aims-reform-tourism-landscape

Defender of Cambodia's dwindling forests wins goldman prize

The latest crackdown on illegal logging in Cambodia is “just a game” and big timber traders are winning, says Ouch Leng, a former government official who has spent two decades helping poor villagers fight poaching of precious tropical forests. Leng’s tenacious and perilous crusade to stop ...

Elaine Kurtenbach
http://abcnews.go.com/International/wireStory/defender-cambodias-dwindling-forests-wins-goldman-prize-38473467

Kem Sokha’s Human Rights Party decides to close

The Human Rights Party closed yesterday of its own accord, officially removing itself from any conversation about potential challengers to the ruling party in the absence of the CNRP. The move was met with mixed responses yesterday – with some lamenting the loss of a “back-up” ...

Mech Dara and Erin Handley
http://www.phnompenhpost.com/national-politics/kem-sokhas-human-rights-party-decides-close

NagaCorp raises $156 million from top-up placement

NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx

Bale festival seeks to spark pastoral tourism

Driving on National Road 6 through recently harvested rice fields, six 10-meter-tall structures emerge like vortexes from the sparse terrain. Not far along is the commotion of a country fair: bale mazes, archery games, face painting, a ferris wheel and blaring Khmer pop music. Welcome to ...

Aria Danaparamita and Mech Dara
https://www.cambodiadaily.com/news/bale-festival-seeks-to-spark-pastoral-tourism-77574/

Hun Sen returns from fruitful week in China

Prime Minster Hun Sen ar­riv­ed back in Phnom Penh on Sunday after a weeklong visit to Chi­na for an international summit during which Chinese Premier Xi Jinping pledged $145 million in aid and soft loans to Cambodia. On Monday, AKP reported that China promised to ...

Phorn Bopha and Simon Henderson
http://www.cambodiadaily.com/news/hun-sen-returns-from-fruitful-week-in-china-59560/

After human drain from Sihanoukville, casinos follow suit

Sihanoukville is set to lose yet another casino as Century Entertainment International Holdings, formerly known as Amax International Holdings Limited, will relocate its gaming floor from Sihanoukville to the up and coming tourist spot of Dara Sakor in Koh Kong province. ...

Jason Boken
https://www.khmertimeskh.com/50770745/after-human-drain-from-sihanoukville-casinos-follow-suit/

Hun Sen vows to live past 93

Responding to rumours swirling on social media that he had suffered a massive stroke and died, Prime Minister Hun Sen proved to be very much alive during an animated speech in Kampot province yesterday. Addressing a crowd in Chhuok district, the 63-year-old premier assured listeners that ...

Vong Sokheng
http://www.phnompenhpost.com/national/hun-sen-vows-live-past-93

Telco regulator launched

The Ministry of Post and Telecommunications officially launched the Telecommunication Regulator of Cambodia (TRC) yesterday in an attempt to establish laws to control, and resolve conflicts among, telecoms operators. Post and Telecommunications Minister So Khun said the TRC’s establishment supported other regulations for managing  conflicts among mobile ...

http://www.phnompenhpost.com/index.php/2012092158837/Business/telecom-ministry-launches-regulator.html

Kids encouraged to read ahead of National Reading Day

Minister of Education, Youth and Sport (MoEYS) Hang Chuon Naron on Monday urged parents to bring their kids to participate in reading events, read more at home rather than playing games as the National Reading Day approaches. ...

Meas Molika
https://kiripost.com/stories/cambodia-kids-encouraged-to-read-ahead-of-national-reading-day

Advertising industry in Cambodia grows

As Cambodia’s economy continues to grow, advertising in the country has developed to keep pace. But the industry still faces challenges, insiders say. According to Media Adex data by Indochina Research, which monitors advertising spending for TV and print (but not radio) $105.4 million was ...

http://www.phnompenhpost.com/

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