Internet service provider Ezecom, owned by tycoon Kith Meng, announced Thursday it has taken over embattled firm Opennet. After “vigorous discussions,” NagaCorp and the Phnom Penh casino’s workers union agreed that they had not yet reached an agreement, the Labor Ministry said in a statement.
Prime Minister Hun Sen has rescinded business tycoon Kith Meng’s 30-year concession to exclusively operate Cambodia’s railways.
Top business representatives including Kith Meng and Bretton Sciaroni raised corruption, electricity prices and the potential loss of European markets for export as the most pressing concerns for Cambodian businesses during the high-level Government-Private Sector Forum with Prime Minister Hun Sen on Friday.
A day after police arrested the owner of the Rock Entertainment Center, Kith Theang, over a recent 50 kilogram drug bust, Interior Minister Sar Kheng on Monday ordered the nation’s police forces to improve their efficiency in stamping out the trade and use of drugs.
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