Industries

Agriculture Ministry Announces Seasonal Fishing Ban

The Ministry of Agriculture’s fisheries administration announced yesterday that the seasonal nationwide ban on commercial fishing is now in effect, according to a statement. Signed by the director general of the fisheries administration, Nao Thuok, the announcement states that the fishing ban north of Phnom Penh’s ...

Koreans aim for medical tourists from Kingdom

The 24,000 Cambodians who visited South Korea during 2011 included about 100 people going for medical services, most of them high-ranking Cambodian government officials, according to Charm Lee, President of the Korea Tourism Organization. At a Korean Medical Tourism conference on Saturday at Sofitel in Phnom ...

http://www.phnompenhpost.com/index.php/2012060456560/Business/koreans-aim-for-medical-tourists-from-kingdom.html

Germany, Cambodia cement stronger investment, and tourism relations

Hermann Otto Solms, vice president of the German Bundestag, the lower house of parliament, Monday pledged to encourage German investors and tourists to Cambodia in order to cement the bi-lateral ties. Hermann made his remarks during a meeting with Cambodian Prime Minister Hun Sen at the ...

http://www.livetradingnews.com/germany-cambodia-cement-stronger-investment-and-tourism-relations-75348.htm#.T-cPdWBREXx

Cardamom Mountains Need Green Economy And Development

In a ceremony of launching new book highlighted solutions to Cambodia’s cardamom conundrum, Author and scientist Timothy Killen explains the potential for Cambodia to become a world leader by pursuing an innovative, low carbon, green development pathway that will foster economic growth and create opportunities for its people, while conserving the natural environment. “Cambodia is ...

http://thesoutheastasiaweekly.com/

Protesters Call For Release of Boeng Kak 15

About 100 residents from Phnom Penh’s Boeng Kak community rallied in front of the National Assembly yesterday to demand the release of 13 women sentenced to jail last week and two others now in pretrial detention for opposing evictions resulting from a real estate project ...

Cambodia wants Kuwait tourists

Tourism officials in the Kingdom have suggested that the Kuwaiti ambassador should push for direct flights between Cambodia and Kuwait, and invited Kuwaitis to invest in Cambodia’s soaring tourism sector. “We need more and more investment in the tourism sector,” said tourism minister Thong Khon. He ...

http://www.phnompenhpost.com/index.php/2012052956447/Business/cambodia-wants-kuwait-tourists.html

Silk producers look to sew up EU market ties

Cambodia’s silk producers say they must cut costs in order to continue reaching troubled European markets, the primary target for the Kingdom’s sericulture products. Insiders said Cambodian companies must start producing their own silk for the industry to survive. Silk craftspeople import some 400 tonnes of silk ...

http://www.phnompenhpost.com/index.php/2012052556377/Business/silk-producers-look-to-sew-up-eu-market-ties.html

Factory Says Buyers Will Go to Burma if Protests Continue

A representative of a factory that produces clothing for international clothing brands H&M, Gap and Levi Strauss warned yesterday that its buyers will place orders elsewhere if the strike for higher wages and benefits in its two factories continues. An official at the American Center for ...

Aun Pheap and Dene-Hern Chen, P. 24
http://www.cambodiadaily.com

Levi's, Gap garment workers on strike in Cambodia

Workers at a large Cambodian garment factory that makes clothes for Levi’s, Gap and other well-known international brands are striking for more pay and better working conditions. More than 5,000 workers from the Singaporean-owned SL Garment Processing (Cambodia) Ltd. failed to reach an agreement with their ...

http://www.businessweek.com/ap/2012-05/D9UTQ5M80.htm

Workers at Factories Supplying Major Brands Continue Protests

About 3,000 garment workers from two factories that supply clothes to international brands Levi Strauss, H&M and Gap continued protesting for higher wages yesterday in Phnom Penh’s Meanchey district, before marching to the Ministry of Social Affairs. Upon arriving at the ministry, workers employed by the ...

Standards out for tourism officials

Housekeeping and front offices at hotels around Cambodia are set to change as the country prepares to adopt regional standards that all ASEAN nations are trying to put in place. The draft document on housekeeping and front-office standards, and related training courses, had been finalised by Tourism ...

http://www.phnompenhpost.com/index.php/2012052256295/Business/standards-out-for-tourism-officials.html

Visitors from Vietnam up 18 per cent in Q1

The number of Vietnamese tourists visiting Cambodia and Cambodians visiting Vietnam has increased recently, according to new data released by the Cambodian tourism ministry. Vietnam has the largest number of tourists visiting Cambodia at 600,000, or 21 per cent, of all international visitors. ...

http://www.phnompenhpost.com/index.php/2012052256293/Business/visitors-from-vietnam-up-18-per-cent-in-q1.html

Nan Sy told to sell his real estate

Fugitive former ambassador to Brunei Nan Sy had been ordered to sell his two properties to pay back funds embezzled from the Ministry of Foreign Affairs and International Co-operation, officials said yesterday. ...

http://www.phnompenhpost.com/index.php/2012051756216/National-news/nan-sy-told-to-sell-his-real-estate.html

Solving problems brings in wealth

One of Cambodia’s true rags-to-riches success stories is that of Din Somethearith, co-founder and executive director of Frangipani Villa Hotels. Frangipani, named for the blossoming tree, is a chain of boutique hotels, one of which is located just off Street 178 at number 43, down a ...

http://www.phnompenhpost.com/index.php/2012051456140/Business/solving-problems-brings-in-wealth.html

UN Sees Cambodian Economic Growth Slowing in 2012

Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...

Property Prices See First Rise Since 2009

Property prices in Phnom Penh are rising for the first time since 2009, growing by as much as 10 percent in some areas of the capital during the first quarter of the year, real estate experts said yesterday. After years of stagnation in the property sector ...

Gaming Company Announces Casino in Poipet

Entertainment Gaming Asia Inc. (EGA), announced Monday that it will break ground Thursday on a new $7.5 million Slot Hall casino in Poipet province along the Thai border, EGA said in a statement. The casino will open by the end of the year with 300 gaming ...

Northeast new focus for tourism

The Ministry of Tourism will shift its focus to ecotourism development in the Kingdom’s northeast after efforts to promote travel to Cambodia’s coastline proved successful. ...

http://www.phnompenhpost.com/index.php/2012050956045/Business/northeast-new-focus-for-tourism.html

Cambodian education investor explains his turn to real estate

Chea Sokheng, general director of Arizon Group Ltd, a potential investor in Cambodia’s education and real estate sectors, said that investment in education is a main contributor to developing human resources and growth of the national economy. Though he mentioned the opportunity to invest in the ...

http://www.phnompenhpost.com/index.php/2012050956044/Business/cambodian-education-investor-explains-his-turn-to-real-estate.html

Poipet project: Gaming firm starts build on slot hall

Entertainment Gaming Asia Inc, which today will launch its Dreamworld Casino in Pailin, also will break ground on a slot hall project in Poipet, near the Thai border, on Thursday, according to a company statement.   ...

http://www.phnompenhpost.com/index.php/2012050956043/Business/poipet-project-gaming-firm-starts-build-on-slot-hall.html

Pailin casino Dreamworld opens May 9

Entertainment Gaming Asia, an American Stock Exchange-listed company with a regional presence in both Cambodia and the Philippines, will launch its Dreamworld Casino in Pailin province on Wednesday, according to a company statement. ...

http://www.phnompenhpost.com/index.php/2012050756006/Business/game-time-pailin-casino-dreamworld-opens-may-9.html

Tourism Industry's Growth Offers Job Creation For Local Labor Force

PHNOM PENH: Cambodia is trying to boost the tourism industry after its contribution to economic growth and offering job creation as ASEAN economic integration 2015 is moving and the free flow of workforce mobilization has been needed to help ensure steady growth. Cambodia’s tourism sector, in 2011, offered 350,000 direct jobs and millions of ...

http://thesoutheastasiaweekly.com/

Bokor resort slated to bolster Kampot tourism

Kampot officials are looking to the Bokor Mountain Resort, a US$1 billion project that opens today, to drive tourism growth in the burgeoning seaside destination. The provincial Tourism Department said the number of domestic visitors to Kampot had risen 120 per cent to 338,000 in the ...

http://www.phnompenhpost.com/index.php/2012050355943/Business/bokor-resort-slated-to-bolster-kampot-tourism.html

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