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Vattanac: A Tale of Two City Developments

Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...

Foreign investment in Cambodia’s property rises

Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom. Sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from ...

http://www.phnompenhpost.com/2013022861647/Real-Estate/foreign-investment-in-cambodia-s-property-rises.html

Thousands fall for Korean work scam

Alleged ringleaders of an overseas employment scam the Ministry of Labour says bilked thousands of clients out of money were charged with fraud in Phnom Penh on Friday. Oun Sarath, 30, and Kim Sophat, 29, the director and marketing manager, respectively, of recruiting firm You Can ...

Sen David
http://www.phnompenhpost.com/national/thousands-fall-korean-work-scam

Cambodia's special economic zones attract 1.65 bln USD investment since inception

Cambodia’s Special Economic Zones (SEZs) have received a total investment of 1.65 billion US dollars since their inception in 2006, according to a government report released on Friday. Since 2006 to now, the zones have attracted 172 investment projects, mostly from China, South Korea and Japan, ...

Global Times News Staff
http://www.globaltimes.cn/content/817196.shtml#.Ult7xz_vrbw

Porsche dealership to open

The newly appointed local distributor of German carmaker Porsche broke ground yesterday on a $2 million dealership that is set to open within eight months across from the Phnom Penh International Airport on Russian Boulevard. Equipped with four service bays, the planned Porsche Centre Phnom Penh ...

Eddie Morton
http://www.phnompenhpost.com/business/porsche-dealership-open

Free trade deals yet to come to fruition

The negotiations on the Kingdom’s proposed free trade deal with South Korea are progressing slowly despite the fact all parties aimed to come up with finalised drafts by the end of 2020. However, the China-Cambodia Free Trade Agreement CC-FTA) ratification is to be announced early ...

Sok Chan
https://www.khmertimeskh.com/50802798/free-trade-deals-yet-to-come-to-fruition/

Construction sector totaled $5.3b in 2021

Construction investment in Cambodia totaled $5.3 billion in 2021, mainly from China, South Korea, and Japan, according to the Ministry of Land Management, Urban Planning and Construction. The ministry also revealed a total of 4,303 construction projects were approved by the government in 2021. ...

Seng Mengheng
https://kiripost.com/stories/construction-sector-totaled-53b-in-2021

Hospitality sector booked out for Lunar New Year

When Chinese and Vietnamese tourists will flock into Cambodia’s Siem Reap province for Lunar New Year, heightened demand for accommodation may make things tough, insiders say. Ang Kim Eang, president of the Cambodian Association of Travel Agents, said that while many Chinese and Vietnamese tourists will ...

http://www.phnompenhpost.com/2013020861256/Business/hospitality-sector-booked-out-for-lunar-new-year.html

Appeal Begins in Cambodia-Related Fraud Case

An appeal hearing in South Korea involving the CEOs behind two major property projects in Cambodia involved in a massive fraud scandal is scheduled to begin today, an official at the court in Seoul said. In February, a Seoul court sentenced a raft of executives of ...

Airport Fees Must Be Uniform And Transparent, UN Body Says

Aeronautical fees imposed at airports in countries which are members of the U.N.’s International Civil Aviation Organization (ICAO)- including Cambodia- must be uniformly and transparently applied to all airlines, a spokesperson for the ICAO said yesterday. Last week, airline officials  said that a $1,000-per-landing royalty fee ...

Cambodia's Angkor heritage site greets 694,700 foreign visitors in Q1, up 8 pct

Cambodia’s Angkor Wat temples, one of the world heritage sites, received 694,700 foreign tourists in the first quarter of this year, a 8 percent rise from the same period last year, the statistics of Siem Reap provincial tourism department showed Friday. The top three countries visiting ...

http://www.globaltimes.cn/content/776163.shtml#.UXSX56Kj2xA

Cambodia, Bangladesh ink visa exemption deal for diplomatic, official passport holders

Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...

http://news.xinhuanet.com/english/world/2013-05/03/c_132357925.htm

National testing could widen

Cambodia may soon have new standardised exams to hold its students, teachers and education system accountable. “Everyone agrees that the improved enrolment rates in primary school is an accomplishment; at the same time, everyone also calls for quality-control improvement [which] means better testing,” said Jan ...

Laignee Barron
http://www.phnompenhpost.com/national/national-testing-could-widen

Solo act taking its toll

It was difficult enough for Savoeurn Dimang when, until a month ago, he was one of just three teachers running the local primary school in Kors Kralor district’s Samrong Leu village. But now, with one teacher having left for South Korea and the other bowing out ...

Phak Seangly
http://www.phnompenhpost.com/national/solo-act-taking-its-toll

Cambodia sets 2020 tourism target

Cambodian Prime Minister Hun Sen expects the country to welcome 8 million foreign visitors by 2020. Talking to local media, the PM said the country was on track to achieve the ambitious target by 2020. The largest sources of tourists to Cambodia are Vietnam, China, South ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/02/cambodia-sets-2020-tourism-target/

Mango producers struggle to meet Korean standards

It has been nearly a year since the government signed a memorandum of understanding with South Korea that aimed to put Cambodian mangoes on the shelves of supermarkets in Seoul, yet local producers say there is little sign of any movement. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/mango-producers-struggle-meet-korean-standards

Korean first lady paves way for ill boy’s surgery

A 14-year-old boy with congenital heart disease who was lucky enough to meet with South Korean first lady Kim Keon-hee may get the chance of a lifetime and receive surgery and treatment at Asan Medical Center in Seoul, South Korea. After seeing his plight, many ...

Long Kimmarita
https://www.phnompenhpost.com/national/korean-first-lady-paves-way-ill-boys-surgery

The scramble to Siem Reap

As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...

http://www.phnompenhpost.com/business/scramble-siem-reap

Little appetite for garment strike in Phnom Penh

Most garment factories did not open for business Thursday, choosing to extend the Khmer New Year holidays—which officially ended Wednesday—rather than face industrial action in the form of a planned nationwide stay-at-home strike. However, a number of workers interviewed Thursday said they knew nothing about the ...

Zsombor Peter and Mech Dara
http://www.cambodiadaily.com/news/little-appetite-for-garment-strike-in-phnom-penh-56695/

ABF Freight Adds Offices in Asia

ABF Freight System Inc. on Monday announced it had opened offices in Indonesia, Japan, Singapore, South Korea, Malaysia, Vietnam, Thailand, Cambodia, Myanmar, the Philippines, India and Sri Lanka. The locations are in addition to ABF offices in China, Hong Kong and Taiwan, ABF said in a ...

http://www.arkansasbusiness.com/article.aspx?aID=128384.54928.140526

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