Industries
Cambodia's Angkor greets 1.57 mln foreign visitors in 9 months
Cambodia’s Angkor Wat temples, one of the world heritage sites, attracted 1.57 million foreign tourists in the first nine of the year, up 6 percent compared with the same period in a year earlier, a tourism report showed Monday. South Korea, China, Vietnam, Japan and Thailand ...
Global Times
http://www.globaltimes.cn/content/817619.shtml#.Ul0inVBgd8E
Cambodia to establish first civil aviation school
Cambodia planned to set up the first ever Civil Aviation Training Center with South Korean assistance in order to boost development of air transport industry and tourism, a spokesman said Saturday. “South Korea agreed to provide 10.1 million U.S. dollars in grant aid to Cambodia for ...
http://news.xinhuanet.com/english/world/2013-10/12/c_132793377.htm
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
Cambodia to host Asia-pacific region on tourism development in cultural and natural heritage in November
In cooperation with UN world tourism organization, Cambodia will host the tourism conference of Asia- Pacific region on tourism development in cultural and natural heritage in November in Siem Reap province. “There will be 40 countries from Asia- pacific region and 200 delegates will participant in ...
The Southeast Asia Weekly News Staff
http://www.thesoutheastasiaweekly.com/?p=7750
Cambodia’s Manufacturers Shift to Higher-Value Clothing
Cambodia’s factories are moving away from producing the most basic clothing items and diversifying to manufacture more intricate products for international buyers. As the garment sector has grown over the past decade, most garment factories have stuck to producing items such as T-shirts and jeans due ...
Dene-Hern Chen
http://www.cambodiadaily.com/business/cambodias-manufacturers-shift-to-higher-value-clothing-44792/
Pay&Go Aims to Streamline Bill Payments With New Services
A local company has begun working in cooperation with ABA bank to streamline payments for services such as electricity bills and mobile phone top-ups by allowing people to pay through its website, mobile applications and electronic kiosks. PayGo SEA (Cambodia) Co. Ltd., which operates under the ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/paygo-aims-to-streamline-bill-payments-with-new-services-44794/
Koh Kong’s Rainbow Lodge Plans on Paying It Forward
KOH KONG – The dullness of a rainy day accentuates the lush shades of green rainforest of the Cardamom Mountains in Koh Kong province. Float down the Tatai River and you see bobbing turquoise, red and yellow canoes tied up along the banks—in their vivid ...
Lindsey Peterson and Khuon Narim
http://www.cambodiadaily.com/news/koh-kongs-rainbow-lodge-plans-on-paying-it-forward-44775/
Court Hears Garment Heist Case Involving Port Workers
The Phnom Penh Municipal Court on Tuesday heard the case of two port workers and a military police officer charged with stealing more than 8,000 articles of clothing from a shipping container while it was being driven to the Phnom Penh Autonomous Port. The three suspects—Sorn ...
Eang Mengleng
http://www.cambodiadaily.com/news/court-hears-garment-heist%E2%80%88case-involving-port-workers-44718/
Cambodia's Preah Vihear heritage site receives less visitors in first nine months
The number of tourists visiting Cambodia’s Preah Vihear Temple, a world heritage site, has declined by 30 percent in the first nine months of the year, tourism data showed Wednesday. The figures provided by Preah Vihear provincial tourism department said a total of 54,000 domestic and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/travel/2013-10/09/c_132782239.htm
Cambodia's trade with Japan up 24 pct in 8 months
The two-way trade between Cambodia and Japan has hit $503 million in the first eight months this year, up 24 percent over the same period last year, the figures from the Japan External Trade Organization said Tuesday. Cambodian exports to Japan rose 39 percent to $358 ...
Global Times Staff
http://www.globaltimes.cn/content/816224.shtml#.UlS3adKBmN8
Cambodia economy remains robust in 2013 amidst challenging global economic atmosphere: WB
Cambodia’s GDP growth was projected to reach 7 percent in equivalent to 15.65 billion U.S. dollars in 2013 despite a challenging global economic environment, the World Bank said Monday. Overall macroeconomic outlook remains positive, having sustained agricultural growth, continued strong performance of the tourism sector, a ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-10/07/c_132776793.htm
World Bank says Cambodian political uncertainty has 'Unclear' impact
The World Bank said Monday that the impact of Cambodia’s political uncertainty was “unclear” but left its growth forecasts unchanged for this year and next year. “The Cambodian economy remains robust amidst a challenging global economic environment,” the bank said in its East Asia and Pacific ...
The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTBjN2JiMjBlMzI
ILO Initiative Could Unravel Cambodia’s Garment Industry: Manufacturers
A move by the International Labour Organization to name and shame garment producers in Cambodia that flout workers’ rights and safety standards could damage the industry’s reputation and result in a drastic reduction in orders from buyers abroad, according to a senior manufacturing official. Last week, ...
Radio Free Asia News Staff
http://www.rfa.org/english/news/cambodia/initiative-10042013150820.html
Cambodia sees steady growth in tourist arrivals despite disputed election result
Cambodia registered steady growth in international tourist arrivals in the first nine months of the year although the political dispute between the ruling and opposition parties over contested elections in July remains unsolved, officials said Thursday. Tith Chantha, secretary of state at the Ministry of Tourism, ...
Nguon Sovan
http://news.xinhuanet.com/english/world/2013-10/04/c_132772459.htm
At the Neak Leung Ferry Terminal, Bribes Pay the Way
Every year, tens of thousands of people cross the Mekong River from Kandal to Prey Veng province to celebrate the Pchum Ben festival with their families. For some, queuing at the Neak Leung ferry terminal breathing in the exhaust fumes of thousands of vehicles can ...
Matt Blomberg and Mech Dara
http://www.cambodiadaily.com/news/at-the-neak-leung-ferry-terminal-bribes-pay-the-way-44330/
Cambodia to feel an energy crunch, but growth to remain stable: report
Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/cambodia-feel-energy-crunch-growth-remain-stable-report
What does the future hold?
Officials, business professionals and political analysts have mixed opinions on the leadership of the single-party Cambodian government and what the future hold for the next five years. Sok Touch, a professor of political science at Khemarak University, said the political deadlock won’t help the nation become ...
Kay Kimsong
http://www.phnompenhpost.com/analysis-and-op-ed/what-does-future-hold
Cambodian economy expected to remain buoyant: ADB
Cambodia’s economic growth rate is expected to exceed 7 percent both this year and next, the Asian Development Bank said Wednesday. The ADB maintained its forecast for this year’s economic growth at 7.2 percent, supported by strong exports and robust construction and service sectors. The ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/131002/cambodian-economy-expected-remain-buoyant-adb
Group Lease aims to raise Bt3.4 bn for expansion
Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...
The Nation News Staff
http://www.nationmultimedia.com/business/Group-Lease-aims-to-raise-Bt3-4-bn-for-expansion-30216061.html
Monitor, GMAC at odds over plan
The head of the Better Factories Cambodia (BFC) program said yesterday that consultations on its new public-disclosure initiative have been going on for more than a year, contrary to claims by a garment factory representative who characterised the process as hasty. Jill Tucker, chief technical adviser ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/monitor-gmac-odds-over-plan
Lao Airlines set to resume flights to Phnom Penh
After a five-year break, Lao Airlines will revive the Phnom Penh-Vientiane route with direct flights three times a week starting in November, the company’s representative said yesterday. Ek Narun, assistant to the general manager of Lao Airlines in Phnom Penh, said tickets will be available for ...
Hor Kimsay
http://www.phnompenhpost.com/business/lao-airlines-set-resume-flights-phnom-penh
Vinamilk Sees Revenue Doubling in Overseas Expansion Push
Vietnam Dairy Products Joint-Stock Co., the nation’s largest dairy producer, is building a milk factory in Cambodia as it plans a global expansion to more than double annual revenue to $3 billion by 2017. The company known as Vinamilk is opening a plant in the capital ...
Bloomberg News Staff
http://www.bloomberg.com/news/2013-09-30/vinamilk-sees-revenue-doubling-in-overseas-expansion-push.html
EU’s Bike Imports from Cambodia Grows Enormously
During the first half of 2013 the import of bicycles in the 27 European Union member states dropped with a big 11%. Almost all EU bike supplying countries saw their export drop; except for one. Cambodia stands out as their export of bicycles to the ...
Jack Oortwijn
http://www.bike-eu.com/Sales-Trends/Market-trends/2013/10/EUs-Bike-Imports-from-Cambodia-Grows-Enormously-1379624W/
GMAC Urges Factories to Resist New Monitoring
Following the International Labor Organization’s (ILO) announcement that its Better Factories Cambodia (BFC) program will from January name and shame firms that contravene Cambodian labor laws, the Garment Manufacturers Association in Cambodia (GMAC) has urged factory operators to refuse entry to ILO monitors, unless they ...
Matt Blomberg
http://www.cambodiadaily.com/news/gmac-urges-factories-to-resist-new-monitoring-44006/