Industries
Private residential property in Cambodia attracting foreign investors
Private residential property in Cambodia is being seen by some investors as relatively cheap, with potential for attractive returns. Industry players believe these factors are the main draw for foreign buyers, looking to grow their money in Cambodia. Keuk Narin, vice president of Asia Real Estate Cambodia ...
http://www.channelnewsasia.com/stories/marketnews/view/1253968/1/.html
Cambodia greets 333,900 Chinese tourists in 2012, up 35 pct
Cambodia attracted 333,900 Chinese tourists last year, a 35 percent rise compared with 247, 200 Chinese visitors in a year earlier, according to a report of the Ministry of Tourism on Tuesday. “We see a steady rise of Chinese tourists to Cambodia from year to ...
http://news.xinhuanet.com/english/travel/2013-02/12/c_132165732.htm
Siem Reap Province of Cambodia might forge ties with Belarusian region
A parliamentary delegation of Belarus led by Chairman of the House of Representatives of the National Assembly of Belarus Vladimir Andreichenko has paid a visit to Siem Reap Provide [sic] of the Kingdom of Cambodia on 12 February. During the visit Vladimir Andreichenko met with ...
Scrutiny over hotel service fees in Cambodia
Major hotels are under the microscope after a labour rights group found that some have been failing to pass their entire service charge on to their staff, a violation of the Labour Law. Dave Welsh, country manager of the American Center for International Labor Solidarity(ACILS), said yesterday ...
Belarus eyes enhanced trade, investment ties with Cambodia
Belarus announced its firm stance to promote bilateral cooperation with Cambodia in trade, investment and tourism for mutual benefits, Vladimir Andreichenko, Chairman of the Belarus Parliament, said Monday. He expressed Belarus’s desire to operate a direct flight to Cambodia. He suggested that the two countries ...
http://news.xinhuanet.com/english/world/2013-02/11/c_132164406.htm
Investment Or Imperialism? Tracking China's Big Ambitions In Cambodia
A few years ago this scene would have played out in China. More specifically, it would have played out in a Chinese coastal region to which millions of rural folks had arrived looking for work. A huge hangar, piles of fabrics of all colors at both ...
De Castle Royal to be completed by 2014
The De Castle Royal Condominium project, which has been on hold for some time, has announced that it will go back on the market after gaining $28 million in loans from Canadia Bank, which will allow for the completion of the 32-storey-building. The general manager of ...
http://www.phnompenhpost.com/2013020761213/Real-Estate/de-castle-royal-to-be-completed-by-2014.html
Hospitality sector booked out for Lunar New Year
When Chinese and Vietnamese tourists will flock into Cambodia’s Siem Reap province for Lunar New Year, heightened demand for accommodation may make things tough, insiders say. Ang Kim Eang, president of the Cambodian Association of Travel Agents, said that while many Chinese and Vietnamese tourists will ...
Cambodia attracts 9.17 bln USD investment from China in last 18 years
Cambodia has attracted 9.17 billion U.S. dollar investment from China in the last 18 years ( 1994-2012), making China become the largest investor in this country, showed a government report on Wednesday. According to the report, China’s investment in Cambodia focused on the fields ...
http://news.xinhuanet.com/english/business/2013-02/06/c_132154931.htm
Cambodia boosts attraction of foreign visitors in 2013
Cambodian Tourism Minister H.E. Dr. Thong Khon said: Cambodia, Laos and Myanmar had gained high growth of tourist arrival in 2012 for Asean region. “Cambodia is continuing its work including promotion to the outside world to attract tourists to see the country.” he said this week. ...
Boeng Kak Families Pitch a New Solution to Land Dispute
A group of Phnom Penh residents locked in a long-running land dispute with a real estate project owned by CPP Senator Lao Meng Khin are pitching City Hall a plan they hope will prevent them from being evicted and keep them close to home. “We ...
Capital ideas for developers
Peering out over the Tonle Sap River in Phnom Penh from a sixteenth-storey private balcony at the new Bellevue Apartments, one could watch for hours as cranes swing back in forth over all the new developments on the west side of the water. “Phnom ...
http://www.bangkokpost.com/business/economics/332995/capital-ideas-for-developers
Officials Draft Sub-Decree to Develop the Silk Sector
Officials at the Ministry of Commerce met on Friday to draft a sub-decree for the promotion and development of the Cambodian silk sector, but industry experts say the draft does not do enough for the local products used in the production of silk. The main ...
Israel envoy pledges to boost tourism, agriculture ties with Cambodia
Bangkok-based new ambassador of Israel to Cambodia Simon Roded on Monday expressed Israel’s desires to promote bilateral ties with Cambodia in tourism and agriculture. Speaking during presenting credentials to President of Cambodia ‘s National Assembly Heng Samrin, who received the credentials on behalf of King Norodom ...
http://news.xinhuanet.com/english/world/2013-01/28/c_132133078.htm
Minh: Connectivity is key to Asean's tourism plans
Connectivity is crucial to the process of building the Asean Community, and ties in with the effort to market the region as a single tourist destination, the grouping’s chief said. “Asean is in the process of building the Asean Community, and in the process of building ...
http://www.nationmultimedia.com/aec/Minh-Connectivity-is-key-to-Aseans-tourism-plans-30198610.html
Cambodia, UAE set to boost cooperation in economics, tourism
Cambodia and the United Arab Emirates (UAE) are in talks to promote bilateral cooperation in trade, investment and tourism on Wednesday. In the meeting, both sides discussed a Memorandum of Understanding (MoU) on aviation in order to enable UAE airlines to operate direct flights from ...
http://news.xinhuanet.com/english/world/2013-01/23/c_132123114.htm
A road runs through them
UP AND down a 4km stretch of highway on the northern outskirts of Phnom Penh, about 3,000 of Cambodia’s Cham minority have built a life. Their distinctive Muslim culture thrives in conditions of close-knit community, a stark contrast to the shattering days the country endured ...
http://www.economist.com/blogs/banyan/2013/01/cambodia%E2%80%99s-cham
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 ...
Two million tourists from China by 2020: official
Cambodia would host about two million Chinese tourists in 2020, a Cambodian official predicted yesterday. The forecast accompanied figures released by Chinese officials saying the number of Chinese tourists globally would reach 200 million by 2020. ASEAN countries had attracted nine million Chinese tourists last ...
Government okays maize imports
The cabinet approved a plan for the Public Warehouse Organisation to import 450,000 tonnes of tariff-free maize from Laos and Cambodia. Another 250,000 tonnes of maize would be imported from Cambodia, with 100,000 tonnes in August and another 150,000 tonnes between November and January 2014 ...
http://www.bangkokpost.com/business/economics/331949/government-okays-maize-imports
ASEAN ministers vow to deepen tourism cooperation
Representatives of the ten ASEAN nations met on Sunday in Laos’ capital of Vientiane to launch the ASEAN Tourism Forum (ATF), where they pledged to expand tourism cooperation and discussed creating a pan-ASEAN tourist visa. The ATF, which was first held in 1981, is designed to ...
http://news.xinhuanet.com/english/world/2013-01/20/c_132115298.htm
Cambodia's economy to grow by 6.7% this year: WB
Cambodia’s economy is expected to grow by 6.7 percent in 2013 thanks to anticipating increases in agriculture, foreign direct investment (FDI) and tourism, the World Bank said in its latest outlook Wednesday. “The growth is based on achieving the dividends from focus on higher rice ...
http://news.xinhuanet.com/english/business/2013-01/16/c_132106591.htm
January's Salt harvest Destroyed by Rains
Heavy rainfall over the weekend has destroyed all the salt that was due to be harvested this month in Kep and Kampot provinces, farmers said yesterday. “The salt that we planned to harvest this week was completely destroyed because of heavy rain,” said Um Chon, chief ...
Government to expand dolphin safe zone
On the heels of a year in which the deaths of endangered Irrawaddy dolphins rose – as much as 100 per cent by some estimates – the government is paving the way for greater enforcement of conservation measures along a protected stretch of the Mekong. Touch ...
http://www.phnompenhpost.com/2013011660812/National/government-to-expand-dolphin-safe-zone.html