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Government rolls out new agriculture policy

The Ministry of Agriculture on Tuesday released a draft policy to strengthen the agriculture sector by educating farmers on how to gain greater access to markets and increase their productivity by using sustainable farming methods. The Agriculture Extension Policy, drafted in cooperation with USAID, aims to ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/government-rolls-out-new-agriculture-policy-65282/

Cambodia broadens appeal to woo Chinese visitors

Developing Cambodia as a diverse travel destination and establishing direct flights will help attract more travelers from China, the country’s second largest source market. Cambodian Ministry of Tourism director of marketing and promotion, Visothy so, emphasized that Cambodia needs to brand itself as a destination with ...

Yvonne Chang
http://ttgasia.com/article.php?article_id=23735

Housing loans up in Cambodia but down in Singapore

Two of the biggest real estate lenders in Cambodia and Singapore this week reported big movements in housing loans in their respective domestic markets. Cambodia’s Acleda Bank saw housing loans jump by 22 percent in the first quarter, year-on-year, and attributed this handsome growth to better ...

Property Report News Staff
http://www.property-report.com/housing-loans-up-in-cambodia-but-down-in-singapore-36957

Cambodia: Is Adidas exploiting workers?

Am Phalla sits outside the factory gates of apparel maker Shen Zhou (Cambodia) Co. Ltd., sharing a lunch of rice, vegetables and fried fish with coworkers. She has been sewing clothes at Shen Zhou for a little less than a year, but is unaware that the ...

http://www.globalpost.com/dispatch/news/regions/asia-pacific/cambodia/120723/cambodia-factory-workers-minimum-wage-olympics

Dreamworld operator sees revenue drop

Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...

Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/

Casino sold to relative of CPP lawmaker

Entertainment Gaming Asia (EGA) last week sold Dreamworld Casino in Pailin province for $500,000 to a relative of the CPP lawmaker—and wife of former provincial governor Y Chhean—who owns the land on which the company built the casino, according to a press release Thursday. The Gaming ...

Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-casino-sold-to-relative-of-cpp-lawmaker-62750/

VietJet set to resume flights to Siem Reap

Vietnamese budget airline VietJet will re-launch flights to Cambodia at the end of October following a six-month halt in the service due to unspecified market issues, an aviation official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/vietjet-set-resume-flights-siem-reap

Summonsed seek delay

Scores of people in Preah Sihanouk province’s Kompong Seila district have asked the provincial court to delay proceedings in a case filed against them by three local businesspeople in September. The 88 people received summonses in September, but yesterday asked the court to postpone a hearing ...

May Titthara
http://www.phnompenhpost.com/national/summonsed-seek-delay

Melco’s unit disposes of Cambodia assets

Nasdaq-listed Entertainment Gaming Asia Inc, a company linked to Macau casino operator Melco Crown Entertainment Ltd, is selling its assets in Cambodia. The sale includes all assets of Dreamworld Leisure with the exception of all electronic Gaming machines, and prohibits any use of the Dreamworld ...

GGRAsia News Staff
http://www.ggrasia.com/melcos-unit-disposes-of-cambodia-assets/

Olympic Organizing Committee to Investigate Cambodian Factory

The London Organizing Committee for the Olympic Games (Locog) plans to investigate allegations that a Cambodian factory producing Olympic merchandise for Adidas is not paying workers a sustainable living wage, a spokesman for Locog said yesterday. The investigation is a response to an article published Saturday ...

Firm Accused of Poisoning Villagers on Revoked Land

More than 170 villagers in Kampot province have become sick after being sprayed with herbicides by a company last week. The land granted World Tristar Entertainment Co, a subsidiary of So Nguon company, in a concession was revoked by the government in April but was ...

Gamble on casino in Pailin looks like a loser

Crippling revenue and poor gamer numbers have prompted Entertainment Gaming Asia (EGA) to consider walking away from its Dreamworld Casino in Pailin province, according to a filing on the NASDAQ exchange on January 21. EGA, owned by Melco International Development, runs Dreamworld Casinos in Pailin and ...

Eddie Morton
http://www.phnompenhpost.com/business/gamble-casino-pailin-looks-loser

Sihanoukville casino gambled with an expired licence

reah Sihanouk provincial authorities have ordered a casino that operated in Sihanoukville shut down after it failed to renew its operating licence, local media reported yesterday.​ ...

Post Staff
http://www.phnompenhpost.com/business/sihanoukville-casino-gambled-expired-licence

China's Xinwei becomes country's 10th mobile operator

The government has granted China’s Xinwei Telecom a license to become the country’s tenth mobile phone operator and the second firm to roll out so-called 4G technology, the fastest and most advanced network currently available on the market. Those in the telecommunications industry said that the ...

Consolidation on Horizon as Mobile Operators Enter Talks

Cambodia Advance Communications Ltd, operating under the brand qb, is in talks to either merge with or acquire Thai majority-owned Mfone, a senior government official said yesterday. The talks come amid recent speculation that operators in Cambodia’s oversaturated telecommunications market would have to consolidate in order ...

Kampot Residents Confront Eviction by Local Company

An agriculture and transportation company has allegedly threatened to demolish the homes of about 100 families on Wednesday if they refuse to move off an agricultural land concession in Kampot province’s Chhuk district, villagers said yesterday. “So Nguon company and [Decho Aphivat commune chief] Chum Soeun ...

http://www.cambodiadaily.com

Don’t bet on elections

The house always wins, except when there’s a disputed election scaring gamblers away from the tables. That’s the message from Entertainment Gaming Asia Inc, which operates casinos in Poipet town and Pailin province as well as supplying NagaWorld casino with slot machines. According to the company, Cambodia’s ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/don%E2%80%99t-bet-elections

Cambodia reports 60 pct rise in internet users last year

Cambodia recorded about 2.7 million internet users as of December last year, a 60 percent rise year-on-year, a senior official said Thursday. Meanwhile, he said the country has 6 mobile phone operators. As of last year, those operators had sold out 19.1 million SIM cards, ...

http://news.xinhuanet.com/english/sci/2013-03/14/c_132234173.htm

Pesticide poisons scores

After the So Ngoun Company sprayed pesticides in Kampot province approximately 90 villagers have become ill. They are being treated for vomiting, diarrhea, and dizziness after drinking contaminated water, as the pesticide flowed downstream after Some rains. The pesticide was sprayed in order to rid ...

http://www.phnompenhpost.com/index.php/2011070750245/National-news/pesticide-poisons-scores.html

Joint venture to embark on SoHo twin-tower project

Singaporean investors will invest $300 million to erect a twin-towered commercial building called The Bridge, in downtown Phnom Penh. The Bridge, which is a joint venture between Singapore Oxley Holdings and Cambodia World Bridge Land, aims to make its mark on the city landscape by constructing ...

Sum Manet
http://www.phnompenhpost.com/real-estate/joint-venture-embark-soho-twin-tower-project

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