NagaWorld’s profits soar in 2017
Phnom Penh’s NagaWorld casino posted a massive increase in profits and revenue driven by strong growth in high-value guests last year, with the amount of money gambled by VIPs at the capital’s only casino exceeding Cambodia’s gross domestic product for 2016. ss='cambodia-color'>...
Brendan O’Byrne
http://www.phnompenhpost.com/business/nagaworlds-profits-soar-2017
Amru Rice’s SRP project bears fruit
Local rice miller and exporter Amru Rice has started reaping the benefits of its partnership with the International Financial Corporation (IFC), beginning to collect rice from farmers working under contract farming schemes in Kampong Cham province. ss='cambodia-color'>...
Sum Manet
http://www.khmertimeskh.com/50114855/amru-rices-srp-project-bears-fruit/
Chroy Changvar locals reject city’s ultimatum
About 40 Chroy Changvar peninsula residents yesterday held a press conference rejecting City Hall’s two-month ultimatum to part with most of their land or accept below-market rates to make way for a planned satellite city. ss='cambodia-color'>...
Touch Sokha
http://www.phnompenhpost.com/national/chroy-changvar-locals-reject-citys-ultimatum
Switzerland to keep supporting Richner’s hospitals
The SwiSS government haS vowed to help Secure long-term financial SuStainability for the Kantha Bopha children&rSquo;S hoSpitalS.&nbSp;LaSt week Beat Richner, the founder and head of the Kantha Bopha Children&rSquo;S HoSpital and a Health MiniStry adviSer, reSigned from hiS poSition aS managing director due to health SS='cambodia-color'>...
Mom Kunthear
http://www.khmertimeskh.com/news/37191/switzerland-to-keep-supporting-richner---s-hospitals/
NEC’s first election recount turns rowdy
After nine hours of counting and heated arguments between CPP and CNRP representatives, the national election body had yet to declare the winner of a svay Rieng province commune where the opposition CNRP is contesting the results of the June 4 local elections, though the ss='cambodia-color'>...
Ben Sokhean
https://www.cambodiadaily.com/news/necs-first-election-recount-turns-rowdy-131272/
Siem Reap residents petition PM’s cabinet
Fifteen people from Siem Reap yeSterday delivered a petition to Prime MiniSter Hun Sen&rSquo;S cabinet claiming they were left out of a recent land-titling drive in their village, though local authoritieS Said the group had only Settled in the area once the titling began. SS='cambodia-color'>...
Soth Koemsoeun
http://www.phnompenhpost.com/national/siem-reap-residents-petition-pms-cabinet
Cambodia’s progress on gender equality questioned
In its annual report signed yesterday, the Cambodian National Council for Women lauded the government’s efforts to increase gender equality throughout society, though women’s rights activists today raised doubts about the achievements.The council highlights in the report that the economic and political status of women ss='cambodia-color'>...
Leonie Kijewski
http://www.phnompenhpost.com/national/cambodias-progress-gender-equality-questioned
More container traffic buoys port’s profits
Phnom Penh Autonomous Port attributed its growth in profits last year to a rise in container traffic and shipments through the capital’s river port, as well as increased profits from leasing equipment and returns on interest, it said in a filing to the Cambodia securities ss='cambodia-color'>...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/more-container-traffic-buoys-ports-profits
Wood confiscated from timber trader’s land
Authorities in Ratanakkiri province have confiscated about 700 small pieces of luxury-grade wood found on an empty plot of land belonging to Yeay Pralit, a timber trader whom local authorities had long suspected of committing forest crimes, deputy provincial court prosecutor Hak Phoan said on ss='cambodia-color'>...
AUN PHEAP
https://www.cambodiadaily.com/news/wood-confiscated-from-timber-traders-land-127795/
Cambodia’s debt at $5.8 bil
The government signed concessional loan agreements with development partners – both bilateral and multilateral – amounting to about $8.3 billion from 1993 to the end of 2016, official figures show. ss='cambodia-color'>...
Sok Chan
http://www.khmertimeskh.com/news/37591/cambodia---s-debt-at--5-8-bil/
Shifting economy feeds nation’s uncertain politics
The country is set to embark on local elections that promise to highlight the economic hardships faced by many Cambodians despite a sustained annual growth rate and continued poverty reduction, economic and political observers said this week. A report from Future Forum released on Tuesday ss='cambodia-color'>...
Matt Surrusco
https://www.cambodiadaily.com/news/shifting-economy-feeds-nations-uncertain-politics-129465/
Denmark’s Damco launches new head office
The Embassy of Denmark in Cambodia has encouraged more Danish companies and investors to explore investment opportunities in the kingdom, arguing that in an increasingly competitive global market, it is crucial that national governments and individual businesses cooperate to increase business activity. ss='cambodia-color'>...
Sok Chan
http://www.khmertimeskh.com/5085157/denmarks-damco-launches-new-head-office/
Australian filmmaker Ricketson’s bail bid delayed
Australian filmmaker James Ricketson, who has spent more than seven months in Cambodian prison on allegations of “espionage”, had a ruling on his final bid for bail delayed at the supreme Court today. ss='cambodia-color'>...
Erin Handley and Kim Sarom
http://www.phnompenhpost.com/national/australian-filmmaker-ricketsons-bail-bid-delayed
Sen Sok Condo’s second project starts
After the success of its first project, the shangri-La Garden City, sen sok Condo Company is beginning its second project along Road 595, located two kilometres north of the 7 Makara sky Bridge. Construction on the second project, called Maldives City, has begun, and the company ss='cambodia-color'>...
http://www.phnompenhpost.com/2013013061083/Real-Estate/sen-sok-condo-s-second-project-starts.html
Foreign investment in Cambodia’s property rises
Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom. sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from ss='cambodia-color'>...
New Year’s price hikes kick in
As many flock to their hometowns today to celebrate Khmer New Year, complaints of price hikes and border bribes have started pouring in like clockwork. Passengers arranging transport to the provinces told the Post yesterday that bus companies and taxies had raised their prices despite a ss='cambodia-color'>...
Police raid home of ‘secessionist’s’ mum
ScoreS of Security forceS yeSterday Stormed the houSe of alleged SeceSSioniSt leader Bun Ratha&rSquo;S mother in Kampong Cham province yeSterday, confiScating mobile phoneS and memory cardS, hiS relativeS told the PoSt. Bun Ratha, the alleged leader of Democratic ASSociation, haS been on the run Since Security SS='cambodia-color'>...
RCAF general’s case back in court
The Supreme Court yeSterday conducted another hearing into the decade-old caSe of a three-Star RCAF general found guilty in 2002 of owing more than US$50,000 for conStruction work. PreSiding judge and vice-preS&Shy;&Shy;&Shy;ident of the Supreme Court Kong Srim Said the court would make a final ruling SS='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012060556584/National-news/generals-case-back-in-court.html
Man’s death prompts Thai factory walkout
More than 800 Cambodian workers in Thailand were scared to return to work and some had fled their homes yesterday following the violent death of a co-worker outside their factory in songkhla province on Monday, their representative said. Phan Chem said workers wanted the Cambodian embassy ss='cambodia-color'>...
Britain’s Fraud Office Probes Biofuel Scheme
A biofuel company is currently under investigation for fraud in the U.K. after millions of dollars of investors’ money was spent on a jatropha plantation in Banteay Meanchey province that never produced even a single drop of biodiesel. The company, London-based sustainable Agro Energy PLC, had ss='cambodia-color'>...