ADB asked to craft game plan for monorail, subway
The Ministry of Public Works and Transport on April 6 asked the Metro Manila-based Asian Development Bank (ADB) to help devise strategies for monorail and subway projects planned for Phnom Penh. ...
Thou Vireak
https://www.phnompenhpost.com/business/adb-asked-craft-game-plan-monorail-subway
Microfinance: an insider's view
The story of Cambodia’s microfinance sector has been one of successful evolution, evidenced by the growing number of lenders and their continual development. Many microfinance institutions (MFIs) started as NGO-like entities, but the industry has come a long way. Today, there are 32 MFIs licensed ...
Call for training participants: SMEs and informal economies in Siem Reap
Open Development Cambodia Organization (ODC) is pleased to announce the opening of registration for a full-day training session scheduled for 6 June 2024 in Siem Reap city, Siem Reap province. The training marks the implementation of the project “Strengthening Informal Economies and SMEs in Cambodia ...
Open Development Cambodia Organization
NagaWorld sees year-on-year boost in VIP revenues
Phnom Penh casino NagaWorld has announced that gross gaming revenue (GGR) rose 48 per cent year-on-year for the first quarter of 2015, largely on the back of returns from VIP clients. Nagacorp, the Hong Kong stock exchange-listed parent of NagaWorld, said in an unaudited report released ...
Charles Rollet
http://www.phnompenhpost.com/business/nagaworld-sees-year-year-boost-vip-revenues
FDI inflows drop 1% to $3.5B
The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ...
May Kunmakara
https://www.phnompenhpost.com/business/fdi-inflows-drop-1-35b
NBC: Fintech fuels 2020 boom in Kingdom's payment systems
Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual ...
Thou Vireak
https://www.phnompenhpost.com/business/nbc-fintech-fuels-2020-boom-kingdoms-payment-systems
Kingdom factory goes for the gold
Cambodian garment makers are filling orders for the 2012 London Olympics in what insiders say is the first time the country has supplied the Games. ShenZhou International Group Holdings Ltd, one of China’s largest apparel exporters, makes shirts and other sportswear for Adidas that will supply ...
http://www.phnompenhpost.com/index.php/2011101952197/Business/kingdom-factory-goes-for-the-gold.html
Revenues Down at Pailin’s Dreamworld Casino
U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...
http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/
Press Release on research topic for the Research Creativity and Innovation Fund (RCI Fund) 2020
On 24 August 2020, with the support of Ministry of Information, Ministry of Education has established The Research Creativity and Innovation Fund (RCI Fund). This fund aims to contribute to fostering a culture of research, inspiring innovation and promoting innovation for the benefit of education, ...
Ministry of Education, Youth and Sport
Gov’t grants funding for special olympic team
The Cambodian government has granted $20,000 to the national Special Olympics team, for travel and competition at this year’s games in Los Angeles later this month. ...
Socheata Hean
http://www.voacambodia.com/content/govt-grants-funding-for-special-olympic-team/2865153.html
Prize seeks to stymie corruption
Two organisations hope a new award, which includes cash prizes and entry into an international corruptionr-reporting conference, will encourage Cambodian journalists to up their game in reporting on corruption issues. ...
Sean Teehan
http://www.phnompenhpost.com/prize-seeks-stymie-corruption
Gambling on change
The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, ...
Eddie Morton
http://www.phnompenhpost.com/business/gambling-change
Trash pact in crosshairs
City Hall has warned Phnom Penh’s sole waste management firm that it has just one more opportunity to lift its game before its oft-criticised contract comes under threat. ...
Morn Vanntey and Daniel de Carteret
http://www.phnompenhpost.com/national/trash-pact-crosshairs
Voter registration push slows in recent days
The number of people registering to vote has dropped sharply in recent days, statistics show, with an election watchdog calling on the National Election Committee to step up its game. ...
Bun Sengkong
http://www.phnompenhpost.com/national/voter-registration-push-slows-recent-days
Donaco in negotiations to buy Cambodian casino business
Donaco International Ltd has signed an exclusive term sheet to acquire “a significant gaming and hospitality business in Cambodia”, the company said. It did not provide further details on the acquisition target. ...
GGRAsia News Staff
http://www.ggrasia.com/donaco-in-negotiations-to-buy-cambodian-casino-business/
Government plans to introduce new land law in mid-term
The government, through the Ministry of Land Management, Urban Planning and Construction, plans to introduce a (new) land law, which has been created to replace the old land law that has been in use since 2011 to be in line with the evolution of the ...
Hang Punreay
https://tinyurl.com/ycyvd5ff
New Ranariddh party approved
Prince Norodom Ranariddh is officially back in the political game. The Ministry of Interior has approved the former prime minister’s Community of Royalist People’s Party (CRPP), Ranariddh’s cabinet chief, Noranarith Anandayath, said yesterday. ...
Vong Sokheng
http://www.phnompenhpost.com/national/new-ranariddh-party-approved
Cambodia looks to ignite female sports culture
Ahead of hosting the SEA Games the country’s Olympic Committee leader is trying to develop more elite female athletes. This means vaulting a culture barrier that currently keeps many parents from allowing their daughters to play sports. ...
Kristi Eaton
http://womensenews.org/story/athleticssports/150213/cambodia-looks-ignite-female-sports-culture
Cambodia revising gambling laws to attract investment
The Cambodian government is in the process of amending its gaming laws in a bid to draw major casino operators, industry sources have confirmed to GGRAsia. Earlier on Tuesday, the Phnom Penh Post reported that the new draft of the national casino law could be finalised ...
GGRAsia News Staff
http://www.ggrasia.com/cambodia-revising-gambling-laws-to-attract-investment/
NagaWorld sees revenue jump 42% in first half
Cambodia’s largest casino NagaWorld’s gross gaming revenue (GGR) grew for the first semester this year by 42 per cent to $255.4 million, compared to the $180.3 million reported for the same period in 2014. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/nagaworld-sees-revenue-jump-42-first-half