Siem Reap sees property gains fuelled by tourism, economic integration
Siem Reap city land prices have continued to increase year-on-year since 2008, despite the impact of the global economic crisis elsewhere. Sorn Seap, general manager of KEY Real Estate, said that land prices in Siem Reap city in early 2014 saw an increase of 15 per ...
ASEAN FTA with Hong Kong, China on track
Trade between Cambodia and Hong Kong is rising fast, expanding from about $1 billion in 2014 to $1.3 billion last year year, Veng Sothy, an Undersecretary of State at the Commerce Ministry, told a meeting in Siem Reap Friday. ...
Sok Chan
http://www.khmertimeskh.com/news/22681/asean-fta-with-hong-kong--china-on-track/
PM wants to boost tourism
The government through the Ministry of Tourism is set to give a major boost to the country’s tourism sector to bolster the economy, said Prime Minister Hun Sen yesterday. ...
Sok Chan
http://www.khmertimeskh.com/5083858/pm-wants-boost-tourism/
Year of the Snake lures 85,000 visitors to Kampot
Almost 85,000 visitors traveled to Kampot over the first three days of the Lunar New Year. The 84,917 visitors included 1,252 foreigners with the Bokor Mountain resort alone attracting 67,548 visitors including 1,004 foreigners, [a tourism official] said. ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTkxNjBjZmNjN2M
VN donates rice to victims of Cambodian floods
The National Assembly of Viet Nam presented 1,000 tonnes of rice to Cambodian flood victims at a ceremony held in Phnom Penh yesterday. The latest floods took the lives of 80 people and resulted in economic losses of around US$1 billion. ...
Saigon-GP Daily News Staff
http://www.saigon-gpdaily.com.vn/National/2013/11/106808/
Private firm takes over responsibility for work permits
The Ministry of Labor passed all responsibility for foreign work permits today to E-Solutions (Cambodia) Co., leaving a multitude of unanswered questions about the private company that will process, produce and distribute the permits online. Ministry spokesman Heng Sour declined to answer questions about the company, ...
Sek Odom and Janelle Retka
https://www.cambodiadaily.com/news/private-firm-takes-responsibility-work-permits-117428/
Construction sector investment soars
Investment in the Cambodian construction sector reached US$1.38 billion in the first seven months of 2012, an 85-percent rise over the same period last year, according to figures from the Ministry of Land Management, Urban Planning and Construction. During the January to July period this year, the ministry ...
Construction Investment – Cambodia
Construction investment rises sharply Investment in construction in the Kingdom during the first nine months of this year rose 83.6 per cent, according to data from Ministry of Land Management Urban Planning and Construction last week. The data showed that during the first nine months of ...
http://www.cbre.com.kh/2012/11/construction-investment-cambodia/
Value of construction in Cambodia skyrockets
The amount of money spent on construction in Cambodia soared by 72 per cent in 2012 compared to 2011, according to data from the Ministry of Land Management, Urban Planning and Construction. The ministry said it had issued 1,694 construction patents covering 6.5 million square metres ...
Car sales sharply rise in Cambodia in 2012 due to strong economic growth
Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. “We sold about 800 units this year, up from 500 units last year, “Kong Nuon, president of ...
http://news.xinhuanet.com/english/business/2012-12/24/c_132060341.htm
Cambodia sees gold price dip
Gold prices in Cambodia are down about 27 per cent from January through June, according to the Ministry of Commerce. Gold trade changed little yesterday after the biggest drop in almost two weeks in response to the US Federal Reserve Chairman Ben S Bernanke’s comments ...
http://www.phnompenhpost.com/business/cambodia-sees-gold-price-dip
Cambodian, Chinese senior military officials pledge to advance ties
Cambodian and Chinese senior military officials on Monday vowed to deepen bilateral ties and cooperation for mutual benefits. The commitment was made during a meeting between Gen. Pol Saroeun, commander-in-chief of the Royal Cambodian Armed Forces ( RCAF), and Sun Jianguo, deputy chief of general staff ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-03/17/c_133192523.htm
Footwear export revenue sees decline
Cambodia’s export revenue from footwear and related products reached nearly $1 billion in the first nine months of 2023, marking a 25.1% decline from the $1.32 billion recorded during the same period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/footwear-export-revenue-sees-decline
Satellite cities a solution for overcrowded Phnom Penh
The coming sprawls of Phnom Penh’s new satellite cities will bring about not only opportunities but also challenges for the population. “Any urban area has to sprawl outside the main city areas so that it can keep up with the increasing demand of commercial land,” said ...
MISTI, MPTC seal deal on digital security
The Ministry of Industry, Science, Technology and Innovation (MISTI) and the Ministry of Post and Telecommunications (MPTC) Monday signed a Memorandum of Understanding (MoU) on digital security in Phnom Penh. ...
Jigme Palden Pazo
https://www.khmertimeskh.com/501520189/misti-mptc-seal-deal-on-digital-security/
Vietnam increasing Cambodia’s electricity supply by 400MW
Vietnam will increase its electricity supply to Cambodia to 400 megawatts or more to boost the Kingdom’s economy and to help prevent blackouts or power shortages from occurring. ...
Khmer Times Staff
https://www.khmertimeskh.com/501530165/vietnam-increasing-cambodias-electricity-supply-by-400mw/
Port begins roadshow for IPO with cautious optimism
PHNOM PENH Autonomous Port (PPAP) began it roadshow yesterday to attract investors ahead of its initial public offering (IPO), saying the share price will range between $1.08 and $1.50 and that 35 percent of them had already been booked. ...
Sum Manet
http://www.khmertimeskh.com/news/16919/port-begins-roadshow-for-ipo-with-cautious-optimism/
Walmart deal boosts garment industry
The US multinational Walmart has said it will buy more garment, footwear and luggage products from Cambodia next year due to increased capacity from suppliers and improved labour conditions in the country. ...
Chea Vannak
http://www.khmertimeskh.com/5089512/walmart-deal-boosts-garment-industry/
Kampot seaport coming in 2019
Construction of the first seaport for tourist vessels in Kampot is due to start by the end of the year. The groundbreaking ceremony for the port project was previously scheduled for September, but was delayed. ...
Chea Vannak
http://www.khmertimeskh.com/5085576/kampot-seaport-coming-2019/
More families to be evicted from floating river homes
Following the eviction earlier this month of about 1,000 mostly Vietnamese families living in floating homes in Kompong Chhnang City, provincial authorities now have plans to evict a further 1,500 mostly Cambodian families living further south on the river, officials said Sunday. ...
Ben Sokhean and Kang Sothear
https://www.cambodiadaily.com/news/more-families-to-be-evicted-from-floating-river-homes-98233/