News

Checkpoint chief leased house to illegal Vietnamese miners

Five Vietnamese nationals who were renting a home from the local immigration department chief were arrested on Friday for conducting illegal mining operations in Ratanakkiri province’s O’Yadav district. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/checkpoint-chief-leased-house-illegal-vietnamese-miners

Two given jail time for trafficking

Two Vietnamese women were sentenced yesterday by Phnom Penh Municipal Court to two-and-a-half years in prison each for trafficking five Vietnamese women to have sex with wealthy men in a hotel. ...

Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/two-given-jail-time-trafficking

Angkor Wat sees tourism spike over Lunar New Year

The number of domestic and foreign tourists visiting Siem Reap’s ancient Angkor Wat temple and the Kingdom’s coastal areas increased sharply during this year’s three-day Lunar New Year. Data from the Siem Reap provincial tourism department show that 52,909 tourists visited Siem Reap during Lunar ...

http://www.phnompenhpost.com/2013021461364/Business/angkor-wat-sees-tourism-spike-over-lunar-new-year.html

Cambodia's World Heritage Angkor Wat attracts 2.06 mln foreigners in 2012

Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, received 2.06 million foreign visitors last year, up 28 percent compared to 1.61 million in a year earlier, a tourism report said Tuesday. The temple greeted 339,530 South Koreans last year, up 23 percent year-on-year; ...

http://news.xinhuanet.com/english/culture/2013-01/15/c_132103894.htm

‘Guards are more than farmers in uniform’

Located in a humble, barrack-like building with small offices that are still under construction, Global Security Solutions enjoys the proximity to its biggest customer: Toll Royal Railways. The company not only provides security for embassies, but for petrochemical companies, hotels and airlines as well. Since the ...

http://www.phnompenhpost.com/2013010860663/Business/guards-are-more-than-farmers-in-uniform.html

Ha Tien Vegas Casino closes due to bankruptcy

Ha Tieng casino in Kampot province, Bordering with Vietnam was closed due to bankruptcy after there were no gamblers. According to the source, there were about 2 000 staffs laid off. Gamblers are Vietnamese but when Vietnamese government banned its people from going to gamble ...

http://thesoutheastasiaweekly.com/?p=5267

Rise in foreign tourist arrivals

The number of foreign tourists arriving in Cambodia increased 23 per cent in the third quarter of the year compared to the same period last year, according to new statistics from the Ministry of Tourism.  The data show the number of tourists who arrived in the ...

http://www.phnompenhpost.com/index.php/2012110259529/Business/rise-in-foreign-tourist-arrivals.html

Rock and a hard place

Sarorn Phi, 39, cautiously stops his moto 20 metres away from the large, signless boom gate blocking his path in Sesan district. He shuffles toward the security guard’s hut at the entrance to a sprawling Chinese rubber plantation and negotiates with the guard to enter ...

http://www.phnompenhpost.com/index.php/2012080857881/National-news/displaced-villagers-isolated-emaciated.html

Russian-Cambodian satellite venture launched

A new Russian-Cambodian digital satellite television service plans to have 400,000 subscribers in the next two years with 60 channels in Khmer, English, Russian, Chinese, Vietnamese and other languages. The venture between Russia’s General Satellite and Cambodia’s Royal Group was soft-launched last night at Sofitel, with ...

http://www.phnompenhpost.com/index.php/2012072557590/Business/onetv-satellite-venture-launched.html

Rats Good Business for Cambodians, Food for Vietnamese

Koh Thom district, Kandal province – On a quiet stretch of road in this sleepy border town, there are some telltale signs of an unusual trade: A trail of discarded dead rats, some upturned with their paws stiff in the air, others covered with a ...

Farmland included in border exchange

Cambodia and Vietnam’s border shuffle in Kampong Cham won’t involve ceding the two previously discussed villages to Vietnam, a government official said yesterday, but it will include farmland meant to compensate Vietnam for the ethnic Khmer villages on what is believed to be the Vietnamese ...

http://www.phnompenhpost.com/index.php/2012071257374/National-news/farmland-included-in-border-exchange.html

Cambodia ripe for more exports

Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday. Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had ...

http://vietnamnews.vnagency.com.vn/Economy/226853/cambodia-ripe-for-more-exports.html

Two Years In, Kampot Casino Downsizes

The Ha Tien Vegas Entertainment Resort and casino in Kampot Province along the Vietnamese border announced yesterday that it has sacked 500 employees and shut down its 130-room resort less than two years after it became the first casino to open in the province. The company said ...

A winning wager

Near the river in Phnom Penh and next to Diamond Island, there’s a huge, bunker-like building that is almost always a beehive of activity. Inside, there are people enjoying an evening concert or strolling around studying the decor, including large stone faces of the Buddha. Others, however, are occupied with more mundane matters-placing ...

http://www.etmcambodia.com/blog.php?article=474

Police Buildup Continues as Families Face Eviction in Mondolkiri

An additional 200 armed police officers have moved into a village in Mondolkiri province where families locked in a land dispute with a Vietnamese-owned rubber plantation have been given until Friday to clear out, police and villagers said yesterday. Police had already moved about 100 officers ...

Beeline manager exits

The general manager of Cambodian mobile operator Beeline has left the company, following brand-owner Vimpelcom’s selloff of Vietnamese assets and a more than US$500 million over-valuation of its Cambodia and Vietnam markets. General manager Gael Campan’s departure raised questions about Amsterdam-based Vimpelcom’s future in the Kingdom, ...

http://www.phnompenhpost.com/index.php/2012051156103/Business/beeline-manager-exits.html

Cashew Prices Down 40% as Demand sinks

New limitations on Vietnamese exports of processed cashews and slowing demand on the international markets is expected to decrease the price of raw cashews by roughly 40 percent this year, sparking concerns among Cambodian farmers, who are now midway through the harvest season, traders and ...

Investment in mining operations falls sharply

Guangxi Nonferrous Metal Group invested $21.95 million in the construction of a steel processing plant, the data shows. The Chinese company planned to invest as much as $500 million in Preah Vihear province, China’s state-owned Xinhua news agency reported in November. China’s Xing Yuan Kang Yeak ...

http://www.phnompenhpost.com/index.php/2012030954944/Business/investment-in-mining-operations-falls-sharply.html

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