Industries
Property prices jump in the first half of the year
Property prices in both in Phnom Penh and the surrounding suburbs have increased around 10 percent in the first half of 2012 as more foreign investors buy up new condominiums and banks provide more housing loans, say real estate experts. After years of flat prices due to weak demand in the wake of ...
Iran invites Cambodian PM to attend Non-Aligned Movement Conference in Tehran
The Islamic Republic of Iran on Wednesday invited Cambodian Prime Minister Hun Sen to attend the Non-Aligned Movement (NAM) Conference to be held in Tehran in late September, according to officials. Meanwhile, [Hun Sen], on the bilateral ties, asked Iran to expand relations and cooperation with ...
Ministry moves to create bus-monitoring prakas
A new inter-ministry prakas is planned that controls and ensures the safety of bus passengers using the Kingdom’s growing bus network, and may include monitoring the behaviour of drivers and companies prior to granting licences, Cambodian officials said. Bus companies are now controlled by Ministry of ...
http://www.phnompenhpost.com/index.php/2012062556985/Business/bus-monitoring-prakas.html
Korean College for Siem Reap
Cheju Halla, a Korean university, plans to build a university of tourism and hospitality in Siem Reap next year, Tourism Minister Thong Khon told reporters yesterday at a meeting with Han Soo Kim, the new South Korean ambassador to Cambodia. The Ministry of Tourism has requested ...
http://www.phnompenhpost.com/index.php/2012062156924/Business/korean-college-siem-reap.html
Trade, Tourism To Get Boost Along Phnom Penh-Bangkok Route
Cambodia and Thailand are poised for a boost in trade and tourism following a new agreement taking effect today that simplifies procedures at a key border crossing between the two nations. “The ability to move people, goods, and vehicles across borders efficiently and responsibly is at the heart of regional economic integration,” said Craig Steffensen, ...
Two Years In, Kampot Casino Downsizes
The Ha Tien Vegas Entertainment Resort and casino in Kampot Province along the Vietnamese border announced yesterday that it has sacked 500 employees and shut down its 130-room resort less than two years after it became the first casino to open in the province. The company said ...
Cambodia, China Ink Seven Agreements
Cambodia and China, on June 13th, inked an agreement to strengthen their ties and showed they have become comprehensive strategic partners as ties between the two countries boosts bilateral trade to reach a level of 5 billion US dollars by 2017. Eang Sophallet, an assistant to Samdech Prime Minister Hun Sen, told media that ...
Released Protester Urges for Release of the Boeng Kak 13
Sao Saroeun, a Phnom Penh resident arrested last month for demonstrating against CPP Senator Lao Meng Khin’s Boeng Kak real estate project and released on bail last week, urged the courts to release 13 women still being detained at Prey Sar prison yesterday. The 13 women were ...
Tourism for fourth months of 2012
Report from tourism ministry said: in 2011, it gained 2.8 million tourist arrivals and harvested for 1.9 billion US dollars. For fourth months of 2012, we received over 1, 272,514 foreign tourists, an increase of over 27 percent if comparing the same period of last year. Tourism industry offered direct jobs of 350,000. Ministry urged to ...
Flights boost tourism to Cambodia’s seaside
Increased flight connections to Sihanoukville helped boost tourism figures in the seaside province during the first five months of the year, tourism officials said yesterday. ...
Organizations Highlight Plight of Child Laborers
One and a half million children still toil as laborers in Cambodia’s fisheries, brick factories, agricultural plantations and construction sites, government officials said yesterday at an event held at Phnom Penh’s Wat Botum ahead of World Day Against Child Labor on Tuesday. The government has set ...
Sand Settles on Boeng Kak Project as Site’s Future Uncertain
In Phnom Penh’s Daun Penh district there is a 133-hectare mound of sand that was once a lake. It took nearly four years to fill Boeng Kak with that sand. On the southern perimeter of the massive sand pit sit two large billboards. On those billboards there ...
Hun Sen Urges Action to Curb Bus Crashes
Prime Minister Hun Sen yesterday urged tour bus operators to respect the traffic law following a recent spate of bus crashes that have killed Cambodians as well as foreign tourists. “Please, respect the land traffic law,” Mr. Hun Sen said during a speech at the inauguration ...
Visitors to Cambodia Increase by 27 Percent
The number of visitors to Cambodia increased 27 percent to 1.27 million people in the first four months of the year compared to the same period last year, according to figures released yesterday by the Ministry of Tourism. Kong Sopheareak, director of the tourism statistics department, ...
Kampot visitors jump on Bokor opening
The Bokor Resort, in Kampot province, attracted 162.5 per cent more Cambodian tourists to the province in the first five months of the year compared with 2011, tourism officials said yesterday. ...
Rains Lead to Reduction in Salt Harvests
Heavy rainfall in April and May has cut salt production by a third in Kep and Kampot provinces even though farmers extended the harvest season there by a month, farmers said yesterday. Last year, farmers were able to produce about 90,000 tons of salt on 4,500 ...
Cambodia’s salt output down 15% this season
Climate change was named as the reason for Cambodian salt production this year declining about 15 per cent, experts said yesterday. ...
Rann Reuy
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-salt-output-down-15-season
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 ...
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 ...
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 ...
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 ...