Industries

Stringent rules for meat importers soon, says GDCE

The General Department of Customs and Excise (GDCE) of Cambodia said that after a meeting with meat importers, it will be setting more stringent guidelines and conditions for those operating in this sector. ... ...

Rachel David
https://www.khmertimeskh.com/501470201/stringent-rules-for-meat-importers-soon-says-gdce/

OVOP movement gathering strength in Cambodia

The Seventh National Day for the promotion of Khmer products will be celebrated today (April 9), under the theme ‘Sustainable Production and Supply to the Market – One Village, One Product Movement.’ ... ...

Manoj Mathew
https://www.khmertimeskh.com/501469672/ovop-movement-gathering-strength-in-cambodia/

SME bank's $50M loan scheme raises concerns for tourism businesses

Tourism players and economic experts have welcomed SME Banks’ loan scheme of more than $50 million to help Siem Reap business owners. However, while potentially improving tourism performance, concerns have been raised about mounting debt. ... ...

Yatt Malai
https://kiripost.com/stories/sme-banks-500m-loan-scheme-raises-concerns-for-tourism-businesses

MoT, SME Bank launch financial scheme to help tour operators in SR

The Ministry of Tourism (MoT) in collaboration with the Small and Medium Enterprise Bank of Cambodia (SME Bank) early this week launched financial schemes aimed at providing tourism business owners to develop or expand their operations in Siem Reap province. ... ...

Nhean Chamrong
https://www.khmertimeskh.com/501468046/mot-sme-bank-launch-financial-scheme-to-help-tour-operators-in-sr/

Loans offered to struggling tourism Siem Reap businesses

The government is offering tourism-related businesses in Siem Reap struggling from the slow tourist rebound a share of a $50 million pot of loans to keep operations afloat, however, concerns have been raised that the 6.5 percent interest rate may be too high for some. ...

Yatt Malai
https://kiripost.com/stories/loans-offered-to-struggling-tourism-siem-reap-businesses

10,000 witness Spring Equinox sunrise at Angkor Wat

More than 10,000 tourists woke up at 5am yesterday to visit Angkor Wat temple in Siem Reap to watch the Spring Equinox sunrise. ... ...

Nang Veasna
https://www.khmertimeskh.com/501460350/10000-witness-spring-equinox-sunrise-at-angkor-wat/

Lao Airlines resumes Phnom Penh flight

Lao Airlines, the national airline of Laos, yesterday, resumed the operation of direct flights between Vientiane and Phnom Penh, offering a three-times-a-week service, scheduled every Tuesday, Thursday and Saturday. ... ...

Chea Vanyuth
https://www.khmertimeskh.com/501458786/lao-airlines-resumes-phnom-penh-flight/

Cambodia’s rubber article exports rise 90 percent

Cambodia earned $215 million from the exports of rubber articles in the first two months of this year, an increase of 90 percent compared to the same period last year, according to the latest trade data of the General Department of Customs and Excise (GDCE). ...

Manoj Mathew
https://www.khmertimeskh.com/501458804/cambodias-rubber-article-exports-rise-90-percent/

‘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/

Chinese firm to invest $1 billion in tyre production, says PM

A Chinese company will invest $1 billion in tyre production, said Prime Minister Hun Manet in Melbourne on Sunday. ... ...

Nhean Chamrong
https://www.khmertimeskh.com/501450445/chinese-firm-to-invest-1-billion-in-tyre-production-says-pm/

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/

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