Don’t bet on elections

The house always wins, except when there’s a disputed election scaring gamblers away from the tables. That’s the message from Entertainment Gaming Asia Inc, which operates casinos in Poipet town and Pailin province as well as supplying NagaWorld casino with slot machines. According to the company, Cambodia’s ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/don%E2%80%99t-bet-elections

Cambodia sees slowdown in new business numbers in 9 months

The Cambodian Ministry of Commerce said Friday that it had granted operating licenses to 2, 223 new companies in the first nine months of 2013, down 14.6 percent compared with 2,606 new firms over the same period last year. From January to September this year, the ...

Global Times News Staff
http://www.globaltimes.cn/content/821915.shtml#.UnZHp_lgd8E

PTT keeps Cambodia jet fuel gig

PTT Plc, Thailand’s giant oil and gas conglomerate, has renewed its concession with the Cambodian government to provide jet fuel services for another five years at airports in Phnom Penh and Siem Reap. Senior executive vice-president Auttapol Rerkpiboon said PTT will provide jet fuel service at ...

Bangkok Post News Staff
http://www.bangkokpost.com/business/news/377274/ptt-keeps-cambodia-jet-fuel-gig

Cambodian parliament chief hails excellent ties with China

Cambodian President of the National Assembly Heng Samrin on Monday expressed his satisfactions with China-Cambodia relations and cooperation and vowed to further enhance for the benefits of the two countries and peoples. He made the remarks during a meeting with Lei Yulan, vice- chairwoman of the ...

Xinhua
http://www.asean-china-center.org/english/2013-10/29/c_132841698.htm

Sofitel Phnom Penh Wins 2nd Place in Awards

The Sofitel Phnom Penh Phokeethra has won second place among the 25 best hotels of Southeast Asia in the 2013 Readers’ Choice Awards of the prestigious Conde Nast Traveler publication, which also named Siem Reap City as one of the “Top 10 Cities in Asia.” Charles-Henri ...

Michelle Vachon
http://www.cambodiadaily.com/business/sofitel-phnom-penh-wins-2nd-place-in%E2%80%88awards-45706/

Angkor Wat ticket sales revenue up

Revenue from ticket sales to foreign tourists visiting Angkor Wat reached $41.4 million in the first nine months of 2013, a 14 per cent year-on-year increase, according to data from the Apsara Authority, which manages the site. Official data show that almost 1.5 million foreign ...

May Kunmakara
http://www.phnompenhpost.com/business/angkor-wat-ticket-sales-revenue

Cambodia to establish first civil aviation school

Cambodia planned to set up the first ever Civil Aviation Training Center with South Korean assistance in order to boost development of air transport industry and tourism, a spokesman said Saturday. “South Korea agreed to provide 10.1 million U.S. dollars in grant aid to Cambodia for ...

http://news.xinhuanet.com/english/world/2013-10/12/c_132793377.htm

Cambodia to host Asia-pacific region on tourism development in cultural and natural heritage in November

In cooperation with UN world tourism organization, Cambodia will host the tourism conference of Asia- Pacific region on tourism development in cultural and natural heritage in November in Siem Reap province. “There will be 40 countries from Asia- pacific region and 200 delegates will participant in ...

The Southeast Asia Weekly News Staff
http://www.thesoutheastasiaweekly.com/?p=7750

Koh Kong’s Rainbow Lodge Plans on Paying It Forward

KOH KONG – The dullness of a rainy day accentuates the lush shades of green rainforest of the Cardamom Mountains in Koh Kong province. Float down the Tatai River and you see bobbing turquoise, red and yellow canoes tied up along the banks—in their vivid ...

Lindsey Peterson and Khuon Narim
http://www.cambodiadaily.com/news/koh-kongs-rainbow-lodge-plans-on-paying-it-forward-44775/

Cambodia's Preah Vihear heritage site receives less visitors in first nine months

The number of tourists visiting Cambodia’s Preah Vihear Temple, a world heritage site, has declined by 30 percent in the first nine months of the year, tourism data showed Wednesday. The figures provided by Preah Vihear provincial tourism department said a total of 54,000 domestic and ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/travel/2013-10/09/c_132782239.htm

Cambodia economy remains robust in 2013 amidst challenging global economic atmosphere: WB

Cambodia’s GDP growth was projected to reach 7 percent in equivalent to 15.65 billion U.S. dollars in 2013 despite a challenging global economic environment, the World Bank said Monday. Overall macroeconomic outlook remains positive, having sustained agricultural growth, continued strong performance of the tourism sector, a ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-10/07/c_132776793.htm

World Bank says Cambodian political uncertainty has 'Unclear' impact

The World Bank said Monday that the impact of Cambodia’s political uncertainty was “unclear” but left its growth forecasts unchanged for this year and next year.  “The Cambodian economy remains robust amidst a challenging global economic environment,” the bank said in its East Asia and Pacific ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTBjN2JiMjBlMzI

Cambodia sees steady growth in tourist arrivals despite disputed election result

Cambodia registered steady growth in international tourist arrivals in the first nine months of the year although the political dispute between the ruling and opposition parties over contested elections in July remains unsolved, officials said Thursday. Tith Chantha, secretary of state at the Ministry of Tourism, ...

Nguon Sovan
http://news.xinhuanet.com/english/world/2013-10/04/c_132772459.htm

Cambodia to feel an energy crunch, but growth to remain stable: report

Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/cambodia-feel-energy-crunch-growth-remain-stable-report

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