Number of outbound travelers jumps
The number of Cambodian outbound travelers increased by 27 percent to 445,020 in the first seven months of this year from 357,050 during the same period last year, according to data from the Tourism Ministry. Ang Kim Eang, president of the Cambodia Association of Travel Agents, ...
Tiger Air's First Flight to Cambodia Lands Monday
Tiger Airways’ first flight from Singapore to Cambodia is scheduled to land at Phnom Penh International Airport on Monday morning, making it the latest airline to offer direct flights to the country. Deborah Yeo, a public relations consultant for Tiger Airways, said that beginning Monday, the ...
Lead-up to poll saw SLCs spike
Prime Minister Hun Sen’s 2012 ban on the allocation of economic land concessions was supposed to halt the unpopular practice of turning over large swaths of property to developers. And going by the numbers last year, it worked. But in the vacuum, according to local rights ...
May Titthara
http://www.phnompenhpost.com/national/lead-poll-saw-slcs-spike
Cambodia, Japan team up to diversify economy
Government officials have joined forces with Japanese experts to formulate a new plan for economic diversity in Cambodia. Foreign direct investment in Cambodian industry has largely gone to garment manufacturing during the past 10 years, putting the country at risk of economic shock in the event ...
IMF Says Cambodia’s Economic ‘Takeoff’ Not Yet Sustainable
Government action will be needed to ensure that nearly two decades of impressive economic growth continues in Cambodia, the International Monetary Fund (IMF) said in a report published Wednesday. In its 2013 World Economic Outlook, the IMF put Cambodia’s gross domestic product (GDP) growth for 2012 ...
http://www.cambodiadaily.com/business/imf-says-cambodias-economic-takeoff-not-yet-sustainable-18880/
Trade deficit grows once more
Cambodia’s trade deficit with the rest of the world continued to widen last year to $5.2 billion, as the Kingdom’s imports outstripped its exports once again, a National Bank of Cambodia (NBC) report released on Saturday said. The NBC figures revealed that the Kingdom imported $18.8 ...
Hor Kimsay
https://www.phnompenhpost.com/business/trade-deficit-grows-once-more
East Asia takes notice of Cambodia
One of the most well-informed personalities in the air transport business in Phnom Penh is Nicolas Masse, country manager for Dragonair, which operates daily flights from Phnom Penh to Hong Kong in the morning and evening using Airbus A320 and A330 aircraft. Comparing the January through ...
Ministry of Tourism to Target Chinese Visitors
Cambodia will construct a Chinese-language website and post Chinese-language signs at local hotels to cater to the growing numbers of Chinese nationals visiting the country, Minister of Tourism Thong Khon announced yesterday. “We will create a website in the Chinese language and also have additional signs ...
Cambodia's garment industry at crossroads
Nun Vanak is an excellent example of how Cambodia’s garment manufacturing industry has helped to change lives of hundreds of thousands of people in this country. The 23-year-old is part of Cambodia’s half-a-million-strong workforce – mostly young women – that keeps these garment factories running. Her income ...
Logistics and insurance firms driving office market
Increases in Cambodia’s GDP and foreign direct investment (FDI) are helping to drive the supply and demand in the Kingdom’s office sector, according to a new report from global property agents CBRE. Increasingly, international businesses are favouring Cambodia, in particular Phnom Penh, mainly due to ...
Strategic environmental assessment in Mekong countries
Open Development Cambodia (ODC) was thrilled to host a panel discussion on “Strategic environmental assessment (SEA) in Mekong countries” at the 42nd Annual Conference of the International Association for Impact Assessment: Resilience through impact assessment and Leadership on 10th May 2023 at Borneo Convention Centre ...
More Chinese FDI on the horizon
China has pledged to increase its investment in Cambodia in return for the Kingdom’s commitment to its regional policies and economic initiatives in Southeast Asia. Wang Lei, secretary-general of the Chinese-ASEAN Expo (CAEXPO) Secretariat, said on Wednesday that Cambodia had thrown its full support behind China’s ...
Kali Kotoski
http://www.phnompenhpost.com/business/more-chinese-fdi-horizon
Cambodia seeks $57m Indian loan
Cambodian Prime Minister Hun Sen asked for $57m concessional loan from India for two development projects and urged India to consider direct flights to Cambodia. He said the two projects are the electricity transmission line from Kratie province to Stung Treng province with an estimated ...
http://thepeninsulaqatar.com/india/218944-cambodia-seeks-57m-indian-loan-.html
UAE, Cambodia look to lift tourism
Cambodia’s tourism ministry and United Arab Emirates officials have signed a memorandum of understanding to strengthen tourism to the Kingdom, officials said during a press conference at Phnom Penh’s international airport. Tourism Minister Thong Khon said the memorandum of understanding (MoU) would provide more opportunities for ...
http://www.phnompenhpost.com/index.php/2012090758551/Business/uae-cambodia-look-to-lift-tourism.html
Farmers biggest source of investment in agriculture
Despite attention from Foreign Direct Investment (FDI) and official development assistance, farmers are by far the largest source of investment in agriculture, the State of Food and Agriculture 2012 report by the Food and Agriculture Organization published last week said. Farmers in low and middle income ...
FDI soars 250% over last year
Foreign direct investment in the Kingdom soared 250 per cent year-on-year through August even despite the West’s economic woes, Deputy Prime Minister Sok An said yesterday. A total of 87 projects worth US$5.6 billion were approved by the Council for the Development of Cambodia during the ...
http://www.phnompenhpost.com/index.php/2011101352107/Business/fdi-soars-250-over-last-year.html
Tiger Airways launches daily service to Singapore
Direct daily flights between Phnom Penh and Singapore started yesterday with the first Tiger Airways flight departing at 8:30am and landing in Singapore at 11:30am, kicking off a seven-days-a-week low-cost service. The company is offering a special price of US$38 one-way from Phnom Penh to Singapore ...
European FDI declines, China’s up
European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...
http://www.phnompenhpost.com/2013012360933/Business/european-fdi-declines-china-s-up.html
FDI inflow seen as driving economic development
A modest increase in the inflow of foreign direct investment is a sign that Cambodia remains an attractive destination to investors, and will go a long way toward the country’s development, analysts said yesterday. Total capital inflow of foreign direct investment (FDI) to Cambodia amounted to ...
Hor Kimsay
http://www.phnompenhpost.com/business/fdi-inflow-seen-driving-economic-development
Notification: The results achieved on the implementation of the Order 01 on surveying land and issuing land titles, up until 30 Sep 2014
In contributing to the implementation of the Royal Government’s Rectangular Strategy, the Ministry of Land Management, Urban Planning and Construction is honored to inform the public as below: By the end of September 2014, results achieved for the implementation of New Actions on Existing Policies ...
Ministry of Land Management, Urban Planning and Construction