News

Government approves Sihanoukville ‘Casino city’ plans

Malaysia-based company SV International was granted permission by the Council of Ministers earlier this month to begin the initial stage of grand plans to turn part of Sihanoukville into a “casino city,” an official confirmed.   ...

Hannah Hawkins and Ben Sokhean
https://www.cambodiadaily.com/news/government-approves-sihanoukville-casino-city-plans-110478/

Cambodia approves legislation to attract MSAR investors

The government of the Southeast Asian kingdom wants to increase the number of Chinese tourists, with Macau investors perceived as a major catch.   ...

João Santos Filipe
http://macaubusinessdaily.com/Gaming/Cambodia-approves-legislation-to%C2%A0attract-MSAR-investors

Cambodia still near bottom of laundering index

Cambodia is still among the 10 most at-risk countries in the world for money laundering and terrorist financing, despite being one of two countries that saw the greatest improvements, according to an annual global index released Tuesday. ...

Chris Mueller and Aun Chhengpor
https://www.cambodiadaily.com/news/cambodia-still-near-bottom-of-laundering-index-92093/

Cambodia still near bottom of laundering index

Cambodia is still among the 10 most at-risk countries in the world for money laundering and terrorist financing, despite being one of two countries that saw the greatest improvements, according to an annual global index released Tuesday. ...

Chris Mueller and Aun Chhengpor
https://www.cambodiadaily.com/news/cambodia-still-near-bottom-of-laundering-index-92093/

Gaming tax revenue up 20% in first 6 months

Gaming tax revenue reached $12 million in the first six months of the year, a 20 percent increase over the first half of 2014, due to a greater number of Thai nationals crossing into Cambodia to gamble, a Finance Ministry official said Wednesday. ...

Kang Sothear and Tsz-kwan Ho
https://www.cambodiadaily.com/business/gaming-tax-revenue-up-20-in-first-6-months-88562/

Opposition, civil society groups rebuke gov’t over stipends

Government officials remained mum Thursday over a new sub-decree purporting to formalize monthly expenditures of senior government officials while the opposition and civil society groups said the regulation was a facade meant to conceal the real amount of money being made by CPP officials. ...

Hul Reaksmey
http://www.cambodiadaily.com/news/opposition-civil-society-groups-rebuke-govt-over-stipends-70149/

Media agencies warned about gambling ads

The Ministry of Information last week warned media organizations not to publish or broadcast advertisements from gambling outlets unless they have permission from the government to do so, according to a ministry notice obtained Tuesday. “The ministry previously advised [media outlets] to stop all types ...

Hul Reaksmey
http://www.cambodiadaily.com/news/media-agencies-warned-about-gambling-ads-65808/

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