Industries

‘Visit Siem Reap 2024’ campaign kicks off to attract foreign tourists

The Visit Siem Reap 2024 campaign was launched on Saturday in​ Siem Reap province, home of famed UNESCO-listed Angkor Archaeological Park, to attract more foreign tourists to visit the land rich in cultural landscapes. ...

Chea Vanyuth
https://www.khmertimeskh.com/501457410/visit-siem-reap-2024-campaign-kicks-off-to-attract-foreign-tourists/

Ministry achieves over 56% of road construction goals

The Ministry of Public Works and Transport (MPWT) had set a target of building and constructing 850 national and provincial roads with a length of more than 20,000 km by end 2023, with the roads been paved with rubber and concrete. ...

Torn Vibol
https://www.khmertimeskh.com/501447891/ministry-achieves-over-56-of-road-construction-goals/

PM encourages investment in halal food ecosystems in Cambodia

Cambodian Prime Minister has encouraged Maybank to consider investing in building halal food ecosystems in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501447497/pm-encourages-investment-in-halal-food-ecosystems-in-cambodia/

Real estate momentum slow at 0.5 percent growth in 2023

Real estate growth has marginally improved year-over-year. But the momentum of growth is still slow with 2023 seeing the real estate sector grow 0.5 percent, compared to 0.2 percent in 2022. ...

Rachel David
https://www.khmertimeskh.com/501446564/real-estate-momentum-slow-at-0-5-percent-growth-in-2023/

Direct India flights to Cambodia likely in April

Direct flight from India to Cambodia is expected this year as both sides are finalizing legal procedures for air connectivity, paving the cooperation on trade and investment. ...

Chea Vanyuth
https://www.khmertimeskh.com/501446576/direct-india-flights-to-cambodia-likely-in-april/

MoT, EuroCham agree to bolster tourism investment

The Ministry of Tourism (MoT) and European Chamber of Commerce (EuroCham) on Tuesday agreed to join hands in attracting public and private investments aimed at enhancing the Kingdom’s tourism sector through the Cambodian Tourism Marketing and Promotion Board (CTB). ...

Nhean Chamrong
https://www.khmertimeskh.com/501440070/mot-eurocham-agree-to-bolster-tourism-investment/

Cambodia’s rubber exports rise by 123 percent

Amid the fall in global demand, Cambodia earned $121 million from the exports of rubber articles in the first month of this year, an increase of 123.5 percent compared to the same period last year, according to the latest trade data of the General Department ...

Manoj Mathew
https://www.khmertimeskh.com/501440080/cambodias-rubber-exports-rise-by-123-percent/

Apsara opens a hiking path linking botanical gardens to temples

The Apsara Authority has created a new hiking path through the natural forest from Angkor Botanical Garden to Angkor Wat Archaeological Park. ...

Torn Vibol
https://www.khmertimeskh.com/501439413/apsara-opens-a-hiking-path-linking-botanical-gardens-to-temples/

Cambodia’s GFT exports jump 22% amid rising hopes

The exports of garments, footwear and travel goods (GFT) rose by 21.64 percent in January this year, earning $967 million for the sector after declining for most of the time last year. The turnaround brought cheers to the vital sector of the Cambodian economy that ...

Manoj Mathew
https://www.khmertimeskh.com/501439379/cambodias-gft-exports-jump-22-amid-rising-hopes/

Cambodia’s tourism earns $3.04 billion revenue in 2023

Cambodia’s tourism earned gross revenue of $3.04 billion in 2023, up 115 percent from $1.41 billion in a year earlier, according to a Ministry of Tourisms report released on February 12, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501439009/cambodias-tourism-earns-3-04-billion-revenue-in-2023/

Siem Reap receives more than 110,000 tourists during the Chinese-Vietnamese New Year

Tourists and people of Siem Reap Province visit various resorts in Siem Reap Province during the Chinese-Vietnamese New Year from February 9–11, 2024, for a total of 117,677 people, an increase of 11.56% compared to 2023, about 105,481 people. ...

Khmer Times Staff
https://www.khmertimeskh.com/501438425/siem-reap-receives-more-than-110000-tourists-during-the-chinese-vietnamese-new-year/

Tourism, manufacturing, infra development to raise GDP to 6.4% in 2024

Manufacturing, the recovery of Cambodian tourism on the back of regional improvement, and infrastructure development are likely to boost gross domestic product (GDP) growth, projected at 6.4 percent this year, up from 5.5 percent in 2023. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/tourism-manufacturing-infra-development-to-raise-gdp-to-64-in-2024

Pay gap in construction sector attributed to ‘skill’

Approximately 35 per cent of Cambodia’s 250,000 construction workers are women, according to Sok Kin, president of the Building and Wood Workers Trade Union Federation of Cambodia (BWTUC). ...

Kim Sarom
https://www.phnompenhpost.com/post-in-depth/pay-gap-in-construction-sector-attributed-to-skill-

Cambodia to establish international nursery stations in four provinces

The Ministry of Environment plans to establish four international standard nursery stations in Kampong Speu, Koh Kong, Siem Reap, and Tbong Khmum provinces. ...

Khmer Times Staff
https://www.khmertimeskh.com/501427578/cambodia-to-establish-international-nursery-stations-in-four-provinces/

Cambodia welcomes 547,798 Chinese tourists last year, up 412.5 percent

Cambodia received 547,798 Chinese visitors in 2023, up 412.5 percent from only 106,875 in a year earlier, said a Ministry of Tourism’s report released on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501426047/cambodia-welcomes-547798-chinese-tourists-last-year-up-412-5-percent/

Wanli Tire eyes major capacity expansion in Cambodia

Wanli Tire Co Ltd, a State-owned enterprise based in Guangzhou, capital of Guangdong province, has begun construction of a new-phase production base amid a recovery of the country’s tire industry last year. ...

China Daily
https://www.khmertimeskh.com/501426360/wanli-tire-eyes-major-capacity-expansion-in-cambodia/

AMRO maintains 6.2 percent GDP growth for Cambodia

The ASEAN+3 Macroeconomic Research Office (AMRO) has maintained a 6.2 percent growth for Cambodia in the current year in its January 2024 Quarterly Update. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501425667/amro-maintains-6-2-percent-gdp-growth-for-cambodia/

Cambodia welcomes 5.4 million foreign tourists in 2023

Cambodia attracted some 5.43 million international tourists in 2023, a sharp increase of 139 percent from 2.27 million in 2022, the Ministry of Tourism pointed out in a report on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501426346/cambodia-welcomes-5-4-million-foreign-tourists-in-2023/

Guidebook to manufacturing in Cambodia published

EuroCham Cambodia has published a guidebook, ‘Alternative Manufacturing and Special Economic Zones Guidebook 2024’, providing insight for entrepreneurs, investors, and industry stakeholders seeking information about Cambodia’s manufacturing sphere. ...

Seng Mengheng
https://kiripost.com/stories/guidebook-to-manufacturing-in-cambodia-published

Ten investment projects worth over $60 million registered at CDC

Council for the Development of Cambodia (CDC) has decided to issue licences to ten investment projects with a total investment capital of more than $60 million, as of Jan. 15. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425808/ten-investment-projects-worth-over-60-million-registered-at-cdc/

Cambodian PM receives CEOs of two companies in Davos

Dr. Hun Manet, Prime Minister of Kingdom of Cambodia, received separate courtesy calls from CEOs of two private companies in Davos, Switzerland on Jan. 16. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424482/cambodian-pm-receives-ceos-of-two-companies-in-davos/

Cambodia and Xi’an strengthen ties through direct flights and tourism exchange

The Mayor of Xi’an in the People’s Republic of China, Ye Niuping, recently met with Cambodian Consul General Heng Poeu to discuss ways to enhance economic, cultural, and tourism cooperation between the two regions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424448/cambodia-and-xian-strengthen-ties-through-direct-flights-and-tourism-exchange/

Cambodian Prime Minister Welcomes ACCOR Group’s Continued Investment

In a meeting with Dr. Hun Manet, Prime Minister of Cambodia, Monday, in France, Ms. Maud Bailly, Chief Executive Officer of Sofitel, MGallery& Emblems, representing ACCOR Group, expressed optimism about the growth and improvement of the tourism sector in Cambodia in 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423738/cambodian-prime-minister-welcomes-accor-groups-continued-investment/

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