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/
ASEAN launches river project
The ASEAN integrated river basin management (IRBM) project was launched in Manila, Philippines, to develop practical and innovative ways for communities, industries and governments to work together to revitalise the rivers of Southeast Asia. ...
Ry Sochan
https://www.phnompenhpost.com/national/asean-launches-river-project
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
Cambodia's gems and jewelry sector set to shine
Inside a nondescript villa in central Phnom Penh, men and women in white lab coats peer through lenses, carefully studying the magnified objects in front of them. But these aren’t biologists researching cell division or bacteria; these are gem testers concerned with inclusions and refractive indices on rubies, sapphires and other precious stones. They are working ...
Open Development Cambodia publishes a new topic page on “Banking and financial services”
Open Development Cambodia (ODC) publishes a new topic page on the “Banking and financial services”. On the new bilingual page, the public will be able to get more information regarding banking and financial services in Cambodia, together with an understanding of the evolution of policies ...
Open Development Cambodia publishes a new topic page on “Securities exchange (stock market)”
Open Development Cambodia (ODC) publishes a new topic page on the “Securities exchange (stock market)”. On the new bilingual page, the public will be able to get more insights into the development and evolution of the securities exchange in Cambodia, together with some related data, ...
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/
Bodies found after Mekong riverbank collapse
The bodies of a 39-year-old woman and her 18-month-old nephew were recovered Thursday two days after a riverbank collapse caused their home in Kandal Province’s Khsach Kandal district to plunge into the Mekong River while they slept, but the woman’s 3-year-old son has not yet ...
Simon Henderson and Khuon Narim
http://www.cambodiadaily.com/news/bodies-found-after-mekong-riverbank-collapse-52895/
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/