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Search Result for “casino”

Showing 1 - 7 of 7

BUSINESS

Sihanoukville pays the price for heavy reliance on Chinese

Asia focus, Matthias Alffram, Published on 09/05/2022

» For several years now, Cambodia has been receiving billions of dollars in Chinese investment as part of China's Belt & Road initiative (BRI). Between 2013 and 2017, Beijing invested US$5.3 billion in the Southeast Asian country. Between 2016 and 2019, the two countries signed 65 cooperation agreements to finance infrastructure projects such as seaports, highways, airports, power stations and even an oil refinery.

BUSINESS

Meth menace

Asia focus, Erich Parpart, Published on 18/11/2019

» Boshe, a community of 14,000 in Guangdong province in southern China, was once known as the "Breaking Bad Village" because it supplied one-third of the methamphetamine consumed in the country.

BUSINESS

Place a bet on gambling reform

Asia focus, Nareerat Wiriyapong, Published on 26/08/2019

» Last week we saw some interesting developments in the gambling industries of two Southeast Asian nations that have become increasingly allied with China. While I am personally opposed to gambling and casinos, I respect the right of a country to allow them if it feels they will help the economy. But it's an industry that must be managed well in order to avoid negative effects.

BUSINESS

Casino colony

Asia focus, Monileak Ean and Erich Parpart, Published on 26/08/2019

» Cambodia's growing ties with China have made the latter by far the biggest and most influential investor in the country. Chinese money has been pouring in, particularly to the southern coastal city of Sihanoukville where Chinese-run casinos are mushrooming, with many more planned and a lot that also have online gambling operations.

OPINION

Hong Kong violence has to end

Asia focus, Erich Parpart, Published on 29/07/2019

» It all began with hundreds of thousands of people marching through the streets of Hong Kong against a proposed extradition law. It was a sight to behold because it was a non-violent protest against a repressive law that would have allowed the Communist Party of China to pursue its political opponents in the self-ruled city, dare I say, country. Then it turned ugly.

LIFE

A crack in the Great Firewall?

Asia focus, Nareerat Wiriyapong, Published on 02/07/2018

» Whenever China announces policies to open up its economy or facilitate investment from abroad, the news is usually welcomed at home and abroad, but such policies or measures need to be fair. Not welcome are those that create discrimination or lead to greater disparity.

BUSINESS

Hang Seng rise makes Hong Kong's richest even richer

Asia focus, Published on 22/01/2018

» The collective wealth of Hong Kong's 50 richest people has soared by a record US$60 billion to $307 billion, led by Li Ka-shing for the 20th consecutive year. The real estate tycoon added $5.7 billion to his wealth, raising his total fortune to $36 billion, Forbes magazine reported last week.