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Cambodia to launch 100m casino complex

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Cambodia to launch RM342m casino complex PHNOM PENH, Feb 16 — A Cambodian tycoon will launch a US$100 million (RM342 million) casino near the country’s border with Vietnam this month to attract foreign tourists and develop the country’s fast-growing entertainment industry.

The Titan King Casino will open its doors on Feb 26 in Bavet, a town in Svay Rieng province, about 120 km from Phnom Penh, covering 2.5 hectares of land and employing some 6,000 people, its owner, Kith Thieng, told Reuters today.

Kith Thieng, whose business interests include hotels, fast food restaurants, a mobile phone operator and stakes in a bank and television station, said he wanted to help Cambodia’s entertainment sector rebound after the global economic crisis.
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Cambodia to launch 100m casino complex
Feb 17 2010 17:52:07
Hmm more casino than other business open now, i am wondering what our country will be ..
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Cambodian PM names 3 likely listings on new bourse

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Hun Sen mentioned three candidates for a listing -- Sihanoukville Autonomous Port, the Phnom Penh Water Supply PHNOM PENH, Feb 3 (Reuters) - Prime Minister Hun Sen said on Wednesday three state firms could be among the first to list on Cambodia's new stock market, although an official involved in the project said it may not be ready until the end of the year.

"Our Cambodia is creating a stock market, its headquarters are almost finished," Hun Sen told more than 1,000 accountancy graduates in Phnom Penh. "So, in a short time, we will have a stock market, and some state firms and private enterprises will get listed there."

Hun Sen mentioned three candidates for a listing -- Sihanoukville Autonomous Port, the Phnom Penh Water Supply Authority and Electricite du Cambodge, the state power company.
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Reported hijacking of Cambodian ship false

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Reported hijacking of Cambodian ship falseA Cambodian-flagged vessel believed to have been hijacked by Somali pirates was in fact detained by authorities at the port of Berbera in Somaliland on the Gulf of Aden, according to media reports published on Sunday.

News reports late last week said that on January 27, Somali pirates hijacked the MV Layla-S after it unloaded its cargo at the port of Berbera in an autonomous region of Somalia known as Somaliland, which formed its own government in the northwestern section of the country after the East African state collapsed in 1991.
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Cambodian garment workers threaten week-long strike

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A Cambodian labor union worker, left, holds burned incense sticks above a portrait photo of Chea Vichea, Cambodia's former free trade union president, at a newsstand during the ...PHNOM PENH, Jan 22 - Two of Cambodia's biggest workers' unions on Friday threatened to hold a nationwide garmet-industry strike to protest over low pay and the unsolved murder of the country's most respected union leader.

Two unions said thousands of garment factory workers would halt production for a week to press the government to arrest the killers of top unionist Chea Vichea, as hundreds marched in Phnom Penh to mark the sixth anniversary of his killing.

A workers' strike would represent a rare test for the government of long-serving Prime Minister Hun Sen, who has used a parliament dominated by his Cambodia People's Party (CPP) to push through tough laws to stifle dissent.
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Cambodian gang's members arrested in teen's killing

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Steven Kao, 21, of Santa AnaTUSTIN The gunning down of a 16-year-old boy connected to a tagging crew is the latest attack by a Cambodian gang known for its reputation for violence, an investigator said.

Six people, including four of the gang's members, were rounded up in a multi-county raid Tuesday night in connection with the late-night killing of 16-year-old Juan Carlos Rodriguez.

The shooting of a 12-year-old boy hours later while he was sleeping in his bed in Santa Ana may have been retaliation, authorities said. The boy, shot in the leg, is expected to make a full recovery.

Rodriguez, shot in the back, died early Sunday morning after being shot during a shower of bullets that rained down outside a house party. His killer, according to Tustin police, is a member of the Tiny Rascal Gang.

"It was a straight murder mission," said Tustin Sgt. Jeff Blair, a former gang investigator who spent years dealing with the Tiny Rascal Gang.

It was a tale of two parties on Myrtle Avenue. Members of the Tiny Rascal Gang were at one house. Down the street, a group of taggers was partying, police say.
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