Industries
Casino bill likely this year
The National Assembly will likely approve a casino-management bill before the end of the year, which is aimed at doubling gambling revenues and bringing the industry on par with international standards, said a senior official from the Ministry of Economy and Finance. Ros Phearun, deputy director ...
May Kunmakara
http://www.phnompenhpost.com/business/casino-bill-likely-year
On garment exports, gov’t figures vary wildly
Cambodia’s critical garment industry may be doing significantly better than Commerce Ministry figures suggest, judging by the Finance Ministry’s count, but just whose numbers to trust is up for debate. ...
Zsombor Peter and Kang Sothear
https://www.cambodiadaily.com/news/on-garment-exports-govt-figures-vary-wildly-81437/
Construction firm to fortify crack in White Building
A Malaysian construction company building a hotel next to Phnom Penh’s iconic “White Building” has agreed to fortify a four-story crack that appeared in the apartment block in February, deputy municipal governor Chreang Sophan said Thursday. ...
Sek Odom
https://www.cambodiadaily.com/news/construction-firm-to-fortify-crack-in-white-building-81324/
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
Equipment on block to meet debts
Ministry of Labour officials have agreed to allow the selling off of equipment inside a Phnom Penh garment factory, abandoned by its owner at the end of January, to pay money owed to workers, union officials said Tuesday. ...
Pech Sotheary and Sean Teehan
http://www.phnompenhpost.com/national/equipment-block-meet-debts
‘One-way’ or the other Sothearos expansion will alleviate congestion
The ever congested part of Samdach Sothearos Boulevard between the Chamkar Mon traffic lights and the Russian Embassy is getting a much needed expansion. Especially since Aeon Mall opend in June 2014 the major arterial road was used beyond capacity. Long Dimanche, City Hall spokesman, said ...
Minister tells police to target drug gang bosses
Interior Minister Sar Kheng on Wednesday ordered police across the country to focus on investigating and arresting the leaders of illegal-drug syndicates rather than low-level traffickers and users. ...
Chris Mueller and Khy Sovuthy
https://www.cambodiadaily.com/news/minister-tells-police-to-target-drug-gang-bosses-81231/
Singapore owned YUEN development launches sale of luxe condo in Cambodia's city of the future
Booking outperform expectation at 60 percent with Singaporeans and overseas investors forming bulk of buyers. YUEN Development Co., Ltd, a Singaporean-owned property developer, officially launched the sale of its phase one luxury condominium–La Vie Residences. Located in Chroy Changvar– Cambodia’s city of the future and adjunct ...
The Online Citizen News Staff
http://bit.ly/1alOrNy
Coke to build $100M plant at PPSEZ
Coca-Cola will build a second factory in Cambodia, investing $100 million into a new plant in the Phnom Penh Special Economic Zone that will more than triple its current output, company officials said yesterday. The news comes on the heels of a meeting in November during ...
Charles Rollet
http://www.phnompenhpost.com/business/coke-build-100m-plant-ppsez
Four Chinese tourists arrested over fake dollar bills
Four Chinese tourists were sent to the Preah Sihanouk Provincial Court on Tuesday after being arrested in Sihanoukville on Monday in possession of nearly $500 worth of counterfeit dollar bills, local authorities said. ...
Sek Odom
https://www.cambodiadaily.com/news/four-chinese-tourists-arrested-over-fake-dollar-bills-81155/
Smooth road means more tourism for remote province
At the Coffee Resort in Sen Monorom, the capital of Mondulkiri province, business is booming. In just an hour, about 50 tourists, local and foreign alike, come through, ordering coffee or avocado shakes to go. Coffee beans and avocados grow well here, and now, thanks to ...
Phorn Bopha
http://bit.ly/1IgUL3l
Exporter says unaffected by its partner’s debt woes
Rice exporter Cambodia-Vietnam Food Company said joint venture partner and Vietnamese state-owned Vinafood 2’s possible bankruptcy over $40 million of debt will not hurt its business prospects in the Kingdom. ...
May Kunmakara
http://www.phnompenhpost.com/exporter-says-unaffected-its-partners-debt-woes
New $2.9m mosque inaugurated in Phnom Penh
At the edge of a sand-filled Boeng Kak lake in Phnom Penh on Friday, Prime Minister Hun Sen inaugurated the country’s newest—and largest—mosque, which was privately funded by a Dubai-based businessman at a cost of $2.9 million. ...
Khuon Narim and Mech Dara
https://www.cambodiadaily.com/news/new-2-9m-mosque-inaugurated-in-phnom-penh-80904/
Cambodia's tax revenues from casinos up 12 pct last year
Cambodia earned tax revenue of over 25 million U.S. dollars from casino industry in 2014, up 12 percent year-on-year, a local Cambodian Television Network (CTN) reported Monday, citing a senior finance official. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodias-tax-revenues-from-casinos-up-12-pct-last-year-8349
Siem Reap ranked one of world's best travel spots
Siem Reap has been placed second among the world’s top 25 travel destinations in 2015, jumping seven places from last year’s ranking, as judged by leading online travel site TripAdvisor. ...
May Kunmakara
http://www.phnompenhpost.com/siem-reap-ranked-one-worlds-best-travel-spots
Four deny charges in violent Koh Rong robbery
Four Cambodian men were charged by the Preah Sihanouk Provincial Court on Tuesday over the brutal beating and robbery of two expatriates on the holiday island of Koh Rong last week, a court official said. ...
Khy Sovuthy and Matt Blomberg
https://www.cambodiadaily.com/news/four-deny-charges-in-violent-koh-rong-robbery-80655/
Cambodian massage parlours told to shape up
Cambodia’s massage palours and spa centres are now required to have at least 30 per cent of their staff trained and certified or risk having their business permits revoked, according to a new directive from the Ministry of Tourism. The directive seeks to professionalise the practice ...
Charles Rollet
http://www.phnompenhpost.com/cambodian-massage-parlours-told-shape
Sokha Hotel officially opens
After more than six years of construction, the Sokha Phnom Penh Hotel and Residence officially opened its doors to the public yesterday, with Prime Minister Hun Sen on hand to inaugurate the city’s newest hotel. Speaking at the launch, Hun Sen said the Sokha Hotel will ...
Hor Kimsay
http://www.phnompenhpost.com/sokha-hotel-officially-opens
Cambodia labour abuse claims disputed
UK retailer Marks & Spencer and the Garment Manufacturers Association of Cambodia (GMAC) have disputed the details of a report alleging labour rights abuses are still rife in the country’s garment factories, with both claiming they are committed to providing and supporting safe working conditions. ...
Katie Smith
http://bit.ly/1Ckp3lx
Two foreigners attacked on Koh Rong
A British national and a Finnish national were checked into Calmette Hospital in Phnom Penh on Friday after being attacked with knives and batons on Koh Rong island off the coast of Sihanoukville late Thursday night, according to police. ...
Khy Sovuthy and Matt Blomberg
https://www.cambodiadaily.com/news/two-foreigners-attacked-on-koh-rong-80494/
Fake IDs make mockery of factory age rules
On a dusty highway on the edge of this port city, thousands of young women and a few hundred young men block evening traffic as they stream out of the New Star Shoes factory. ...
Jamie Elliott and Mech Dara
https://www.cambodiadaily.com/news/fake-ids-make-mockery-of-factory-age-rules-80492/
Police arrest suspect in Koh Rong attack
Sihanoukville police on Sunday arrested one of the men behind last week’s violent attack on two foreign nationals on Koh Rong island, identifying the suspect as a staff member at the guesthouse where the assault took place, according to officials. ...
Ouch Sony and George Wright
https://www.cambodiadaily.com/news/police-arrest-suspect-in-violent-koh-rong-attack-80522/
Rolls-Royce opens showroom
Rolls-Royce officially launched its showroom in Cambodia yesterday, with both government and the luxury-car maker forecasting a rosy sales outlook for the high-end vehicle. In June, Rolls-Royce appointed HGB Group Co Ltd, the distributor for Mazda and Kia vehicles in Cambodia, to be the official dealership. ...
Chan Muyhong
http://www.phnompenhpost.com/rolls-royce-opens-showroom
Cambodian PM seeks Guinness record for largest traditional sticky rice cake
Cambodian Prime Minister Hun Sen said Wednesday that his country is seeking a Guinness World Record for a giant traditional sticky rice cake weighing 3.2 tons. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-03/18/c_134078568.htm