Industries

Ratanakiri governor seeks airport investment

Ratanakiri provincial officials have appealed to foreign investors to build a new airport on a 1,400-hectare plot of land in Lumphat district to attract tourism ...

Chhorn Raksmey
https://kiripost.com/stories/cambodia-ratanakiri-governor-seeks-airport-investment

Trade and tourism sector, important for economic growth

Cambodian Minister of Commerce has stressed the important role of trade and tourism in the country’s socio-economic development toward inclusive, resilient, and sustainable recovery. ...

Khmer Times Staff
https://www.khmertimeskh.com/501269119/trade-and-tourism-sector-important-for-economic-growth/

Cambodia is regional exception to falling trend in manufacturing

Manufacturing as a share of output has peaked in most developing East Asia and Pacific economies except for Cambodia and Vietnam, the World Bank says. ...

Khmer Times Staff
https://www.khmertimeskh.com/501265854/cambodia-is-regional-exception-to-falling-trend-in-manufacturing/

Cambodia eyes direct Australian flights to boost tourism

Cambodia urged the cooperation of Australia to start direct flights between both countries to attract more tourists, investors, students and travellers. ...

Adur Pradeep
https://www.khmertimeskh.com/501265405/cambodia-eyes-direct-australian-flights-to-boost-tourism/

Isuzu vehicle assembly plant inaugurated in K Speu

K (Cambodia) Co Ltd on March 29 officially inaugurated an Isuzu vehicle assembly plant in eastern Kampong Speu province, in response to growing demand and in a bid to expand the brand’s presence in Cambodia. ...

May Kunmakara
https://www.phnompenhpost.com/business/isuzu-vehicle-assembly-plant-inaugurated-k-speu

New International Airport in Siem Reap province project 90 percent complete

Construction of the Angkor Siem Reap International Airport is now 90 percent complete as the construction firm is accelerating its work so that the official launch can be held as planned in October. ...

Khmer Times Staff
https://www.khmertimeskh.com/501264311/new-international-airport-in-siem-reap-province-project-90-percent-complete/

New sub-decree tightens regulations on garment industry sub-contractors

Cambodia will prepare a sub-decree improving existing labour mechanisms by adding detailed procedures, permanent management mechanisms, responsibilities for relevant companies, especially sub-subcontractors, as Cambodia seeks to ensure the prevention of the use of forced labour. ...

Van Socheata
https://www.phnompenhpost.com/business/new-sub-decree-tightens-regulations-garment-industry-sub-contractors

Chinese investors returning: Cambodia should learn the lesson of money laundering risks

The real estate industry in Cambodia has been identified as a high-risk sector for money laundering due to a number of factors. In recent years, the industry has experienced substantial growth, which has attracted foreign investors, particularly from China. This has led to a substantial influx ...

Manghout Ki
https://cambodianess.com/article/chinese-investors-returning-cambodia-should-learn-the-lesson-of-money-laundering-risks

Foreign tourist arrivals generated $1.4 billion in 2022

Cambodia welcomed 2.28 million foreign tourists last year, injecting $1.4 billion to the national economy. The Ministry of Tourism’s report showed that the revenue had an increase of 667 percent compared to 2021. ...

Khmer Times Staff
https://www.khmertimeskh.com/501257327/foreign-tourist-arrivals-generated-1-4-billion-in-2022/

Cambodia pins hopes on China-Laos Railway to help boost tourism, says minister

Cambodian Minister of Tourism Thong Khon said on Tuesday that he hoped the China-Laos Railway would help bring more international tourists to the kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501255451/cambodia-pins-hopes-on-china-laos-railway-to-help-boost-tourism-says-minister/

Cambodia’s exports 8 percent down in first two months, commerce ministry wants to reassure

Cambodia sees a fall in exports in the first two months of 2023, down 8.6 percent compared to the same period last year. It is, however, not a worrying sign, the Commerce Ministry said. ...

Teng Yalirozy
https://cambodianess.com/article/cambodias-exports-8-percent-down-in-first-two-months-commerce-ministry-wants-to-reassure

Cambodia and Laos pledge to boost bilateral cooperation on tourism

The Kingdom of Cambodia and the Lao People’s Democratic Republic (Lao PDR) will boost their bilateral cooperation in tourism sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501254707/cambodia-and-laos-pledge-to-boost-bilateral-cooperation-on-tourism/

2023 is a pivotal year for Cambodia to attract more foreign tourists

Cambodia views 2023 as a pivotal year for attracting more foreign tourists. After the devastating impacts of the Covid-19 outbreak, the year should considerably assist Cambodia in overcoming the crisis that has enveloped the tourism sector, which is regarded one of the four pillars on ...

Khmer Times Staff
https://www.khmertimeskh.com/501254657/2023-is-a-pivotal-year-for-cambodia-to-attract-more-foreign-tourists/

Job loss fears as GFT exports decline by 25 percent in February

Cambodia’s exports of garments, footwear and travel (GFT) goods declined by nearly 25 percent in February 2023, compared to the same period in 2022, continuing a trend that started nearly six months ago raising fears of factory closures and job losses. ...

Manoj Mathew
https://www.khmertimeskh.com/501253565/job-loss-fears-as-gft-exports-decline-by-25-percent-in-february/

Int’l tourism receipts rocket nearly eightfold to over $1.4B

International tourism receipts clocked in at $1.415 billion last year, marking a 7.690-fold increase over $184 million in 2021, albeit still a 71.2 per cent decrease from 2019’s record $4.919 billion, according to the Ministry of Tourism’s Tourism Indicators 2022 report. ...

https://www.phnompenhpost.com/business/intl-tourism-receipts-rocket-nearly-eightfold-over-14b

Cambodia is banking on series of major sporting activities to draw tourists

Cambodia is pushing sports tourism as part of its Visit Cambodia Year 2023 campaign as it gears up to host the Southeast Asian Games (SEA Games) for the first time in May. ...

Khmer Times Staff
https://www.khmertimeskh.com/501253326/cambodias-is-banking-on-series-of-major-sporting-activities-to-draw-tourists/

PM: Factory workers on suspension get support

Prime Minister Hun Sen has officially announced that the government will provide cash assistance to over 32,000 workers in the textile-related sectors whose employment has been suspended due to a reduction in purchasing orders, or whose factories have ceased operations. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/pm-factory-workers-suspension-get-support

Cambodia’s apparel exports to Japan grow further in 2022 to more than $1.2 billion

Cambodia’s apparel exports to Japan have continued to grow for the second consecutive year in 2022, despite a dip in shipments in 2020 due to the COVID-19 pandemic. In 2022, the shipment increased to $1,201.698 million after a recovery in 2021. Notably, the exports recorded ...

Khmer Times Staff
https://www.khmertimeskh.com/501252053/cambodias-apparel-exports-to-japan-grow-further-in-2022-to-more-than-1-2-billion/

Cambodia promotes tourism at world’s leading travel trade show

BERLIN, GERMANY: A delegation from Cambodia’s Ministry of Tourism is at one of the world’s largest travel trade shows, ITB Berlin, to drive business from Europe into the country. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-promotes-tourism-at-worlds-leading-travel-trade-show

Cambodia welcomes 1st Chinese flight, tourists to Siem Reap

Cambodia has welcomed the resumption of China Eastern Airlines flights to its Siem Reap cultural province, the country’s Ministry of Tourism said in a press statement on Saturday. ...

Cambodianess staff
https://cambodianess.com/article/cambodia-welcomes-1st-chinese-flight-tourists-to-siem-reap

900% jump in foreign tourists visiting Angkor last month

The Angkor Foundation has stated that almost 80,000 international tourists bought Angkor and Koh Ker tickets last month month – generating more than $ 3 million in ticket sales compared to 2022, an increase of more than 900% . ...

Khmer Times Staff
https://www.khmertimeskh.com/501248959/900-jump-in-foreign-tourists-visiting-angkor-last-month/

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