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Japanese Investment in Cambodia Grows, but Hurdles Remain

Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma lass='cambodia-color'>...

http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/

Australian firm bets on Bavet

Australian-listed Cell Aquaculture (CAQ) – a onetime a marine technology company – has purchased a casino on the Cambodia-Vietnam border in a bid to generate much-needed revenue after nearing bankruptcy in 2013. On May 26, CAQ announced in a statement to the Australian Stock Exchange that lass='cambodia-color'>...

Eddie Morton
http://www.phnompenhpost.com/business/australian-firm-bets-bavet

Japan-Cambodia National Road 5 renovation project locked in

The Japanese and Cambodian governments have inked a financial cooperation agreement for the renovation of National Road 5 spanning 366 kilometres from Kandal province’s Prek Kdam area to Banteay Meanchey province’s Poipet city.​ lass='cambodia-color'>...

Pech Sotheary
https://www.khmertimeskh.com/50705611/japan-cambodia-national-road-5-renovation-project-locked-in/

New lottery bets on success

Malaysian-owned company VW Win Holdings Plc launched lottery operation Camloto in the Kingdom this week, making it the second to go live in as many months. Camloto CEO Jimmy Kong unveiled the new start-up, which will draw its first ball tonight on all major TV stations, lass='cambodia-color'>...

Eddie Morton
http://www.phnompenhpost.com/business/new-lottery-bets-success

Malaysian trade exhibition kicks off in Cambodian capital

The fifth edition of a Malaysian trade exhibition kicked off here on Tuesday, aiming to further promote bilateral trade and investment ties, officials said. The three-day event, held at the Diamond Island Exhibition Center, features 62 Malaysian companies from diverse sectors including construction, business services, industrial lass='cambodia-color'>...

Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-06/12/c_133402783.htm

Cabinet accepts Win Shingtex worker’s petition

More than 300 former workers at the Win Shingtex (Cambodia) factory, a supplier for US retail giant JC Penny, filed a petition to Prime Minister Hun Sen’s cabinet yesterday morning asking the government to intervene after the workers had their wages and benefits cut as lass='cambodia-color'>...

Mom Kunthear
http://www.khmertimeskh.com/news/23413/cabinet-accepts-win-shingtex-worker---s-petition/

Four African nations seek demining training from CMAC

Four African countries, South Sudan, Nigeria, Ethiopia, and Somalia, have asked the Cambodian government, through the Japan International Cooperation Agency (JICA), for the Cambodian Mine Action Centre (CMAC) to help train deminers in each country. lass='cambodia-color'>...

Hang Punreay
https://www.khmertimeskh.com/501428695/four-african-nations-seek-demining-training-from-cmac/

Ten years on: Roka reconciles HIV legacy

It has been a decade since a tragic case of medical malpractice rocked the Kingdom. In December 2014, several cases of HIV infection were detected in Roka commune, in Battambang province’s Sangke district. lass='cambodia-color'>...

Phak Seangly
https://www.phnompenhpost.com/national/ten-years-on-roka-reconciles-hiv-legacy-

Balancing income and expenses in Cambodia

The rising cost of living in Cambodia has made it difficult to balance income and expenses. Many Cambodians struggle to make ends meet, working long hours for low wages. How can people balance their income and expenses in such a challenging environment? This article explores lass='cambodia-color'>...

Seng Mengheng
https://kiripost.com/stories/balancing-income-and-expenses-in-cambodia

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 lass='cambodia-color'>...

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

Little Paris comes to Koh Pich

Construction on a four-year, $150 million commercial and residential development that will transform 70,000 square metres of land on Koh Pich into Parisian-style apartments with a replica of the Arc de Triomphe at the centre is reportedly scheduled to commence in the coming months. The Élysée, lass='cambodia-color'>...

Eddie Morton
http://www.phnompenhpost.com/business/little-paris-comes-koh-pich

Court drops case against PM Hun Sen

A case filed by a youth organiser against Prime Minister Hun Sen, in which the premier was accused of illegally ceding Cambodian territory to Vietnam, has been dropped by Phnom Penh Municipal Court. lass='cambodia-color'>...

Meas Sokchea
http://www.phnompenhpost.com/national/court-drops-case-against-pm-hun-sen

New condominium launched

A new real estate joint venture between local Sonatra Group and Japan’s Grand Corp launched a $6.5 million condominium project in BKK1 yesterday. The 26-storey tower, with 50 units, will be built with high-quality, energy-saving Japanese equipment, according to the new firm’s chief executive, Jun Takeguchi. lass='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012100259027/Business/new-condominium-launched-in-phnom-pehn.html

Japan provides $2 million for flood victims through WFP

The Japanese government has provided $2 million to the United Nations World Food Programme (WFP) to mitigate the impact of floods on food security in flood-affected households and communities in Cambodia. lass='cambodia-color'>...

Sen David
https://www.khmertimeskh.com/50816842/japan-provides-2-million-for-flood-victims-through-wfp/

Number of casinos jumps by 53% in 2018

Cambodia granted 52 licences to casinos last year, bringing the total awarded to 150 at the end of 2018, thanks largely to a surge in gambling businesses in the Kingdom’s Preah Sihanouk province. lass='cambodia-color'>...

Hor Kimsay
https://www.phnompenhpost.com/business/number-casinos-jumps-53-2018

Big trouble in little China? Exploring Chinese investment in Sihanoukville

The coastal city of Sihanoukville is undergoing a massive transformation. Once perceived as a seedy haunt for lethargic backpackers and expats, a flood of Chinese tourists and investors has begun to alter the landscape by setting up everything from gaudy casinos to towering luxury resorts lass='cambodia-color'>...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/post-depth-business/big-trouble-little-china-0

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 lass='cambodia-color'>...

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

Police investigate murder of Vietnamese girl in Svay Rieng

Cambodian and Vietnamese police are investigating the suspected murder and kidnapping of an 8-year-old Vietnamese schoolgirl who was found dead in Svay Rieng province last week after going missing on her way to school in Ho Chi Minh City in January, a Cambodian official said lass='cambodia-color'>...

Ben Sokhean
https://www.cambodiadaily.com/news/police-investigate-murder-of-vietnamese-girl-in-svay-rieng-80531/

Capital's Covid authority orders end to NagaWorld rallies

The Phnom Penh Commission to Combat Covid-19, led by the capital’s municipal administration, issued a directive telling former workers of NagaWorld integrated resort to immediately halt protests, and ordering them to practice coronavirus health measures to prevent the pathogen from spreading among them and their lass='cambodia-color'>...

Mom Kunthear
https://www.phnompenhpost.com/national/capitals-covid-authority-orders-end-nagaworld-rallies

Japan grants more than $116,000 to aid NIPES and six schools

The government of Japan has agreed to provide a total of $116,174 in assistance to Cambodia for the development of an eight-lane running track at the National Institute of Physical Education and Sport (NIPES) and for the construction of hand washing stations for six schools lass='cambodia-color'>...

Rhea Mae Soco
https://www.khmertimeskh.com/50821773/japan-grants-more-than-116000-to-aid-nipes-and-six-schools/

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