Industries

CATA urges SME Bank to support cruise boat businesses

Small and Medium Enterprise Bank of Cambodia Plc (SME Bank), which is currently reviewing its $50 million budget support for pandemic-hit tourism players in Siem Reap province was asked to consider providing loans to cruise boat businesses along the Tonle Sap River. ...

Nheng Chamrong
https://www.khmertimeskh.com/501416844/cata-urges-sme-bank-to-support-cruise-boat-businesses/

CAC eyes funding for cashew shell biofuel production

Six Chinese companies have expressed interest in establishing cashew processing plants in Cambodia, with one specialising in producing Cashew Nut Shell Liquid (CNSL), according to the Cashew Nut Association of Cambodia (CAC). ...

Van Socheata
https://www.phnompenhpost.com/national/cac-eyes-funding-for-cashew-shell-biofuel-production

New monthly minimum wage for Cambodia’s garment industry in 2024 takes effect

A new monthly minimum wage for workers in Cambodia’s garment, textile, footwear, and travel products industry for 2024 has come into force, Prime Minister Hun Manet said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417170/new-monthly-minimum-wage-for-cambodias-garment-industry-in-2024-takes-effect/

Nearly 84,000 vehicles travel on Chinese-invested expressway in Cambodia during New Year holiday

Some 83,900 vehicles have traveled on the Phnom Penh-Sihanoukville Expressway during the New Year holiday, starting from Saturday to Monday, a senior Cambodian official said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417172/nearly-84000-vehicles-travel-on-chinese-invested-expressway-in-cambodia-during-new-year-holiday/

New minimum wage in effect, up $4 per month

With the arrival of a new calendar year, workers in textile, garment, footwear, and travel goods factories are set to enjoy a new minimum monthly salary of $204. The new figure is $4 higher than the 2023 wage. ...

Van Socheata
https://www.phnompenhpost.com/national/new-minimum-wage-in-effect-up-4-per-month

Ministry offers public Wi-Fi to boosts tourism

The Ministry of Post and Telecommunications has opened Wi-Fi to the public at Ochheuteal and Otres beaches in Preah Sihanouk province to provide free internet service for both locals and foreign guests, aiming to enhance the tourism sector. ...

Samban Chandara
https://www.phnompenhpost.com/national/ministry-offers-public-wi-fi-to-boosts-tourism

Kampot top among provinces with more visitors during NYE

Nearly 400,000 revellers thronged Kampot province, making it the most favourite spot in the country for the New Year celebrations. ...

Nop Sreymao
https://www.khmertimeskh.com/501416553/kampot-top-among-provinces-with-more-visitors-during-nye/

Angkor 2023 ticket sales to foreign visitors rake in over $37M

Cambodia earned $37.19 million from Angkor Archaeological Park ticket sales last year, which is a 222-percent increase compared to the year before, the state-owned Angkor Enterprise report showed on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501416458/angkor-2023-ticket-sales-to-foreign-visitors-rake-in-over-37m/

Close to 800,000 foreign tourists converged on Angkor in 2023

Cambodia’s famed Angkor Archeological Park received 798,069 international visitors in 2023, up 177 percent from 287,454 in the previous year, said a news release on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501416584/close-to-800000-foreign-tourists-converged-on-angkor-in-2023/

Cambodia’s garment, footwear, travel goods exports down 15 pct in 11 months

Cambodia exported $9.9 billion worth of garment, footwear and travel products to international markets in the first 11 months of 2023, down 15 percent from nearly 11.7 billion dollars in the same period last year, said a Ministry of Commerce’s report released on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501413720/cambodias-garment-footwear-travel-goods-exports-down-15-pct-in-11-months/

Cambodia receives nearly half million Chinese tourists in 11 months

Cambodia attracted 498,250 Chinese visitors during the first 11 months of 2023, said a report from the Ministry of Tourism released on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501412959/cambodia-receives-nearly-half-million-chinese-tourists-in-11-months/

Cambodia’s garments and agricultural products continue to drive export growth

Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...

Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/

Six million people celebrate waater festival

Tob Sopheak, Ministry of Tourism (MoT) spokesperson, said on Wednesday that the three-day Water Festival attracted about six million revelers, including 73,000 foreigners. ...

Chhorn Raksmey
https://kiripost.com/stories/six-million-people-celebrate-water-festival

Battambang’s Culinary Traditions Gain UNESCO Recognition

Despite not having any Michelin-starred restaurants or fine-dining spaces, Battambang is known for its culinary traditions and reputation for producing the country’s most delicious food. ...

Khmer Times Staff
https://www.khmertimeskh.com/501398815/battambangs-culinary-traditions-gain-unesco-recognition/

‘Number of tourists to Siem Reap on the rise’

Some 304,000 local and foreign visitors made their way to Siem Reap for the Water Festival, representing a 10% increase from 2019. ...

Hang Punreay
https://www.khmertimeskh.com/501399382/number-of-tourists-to-siem-reap-on-the-rise/

Cambodia’s popular Water Festival attracts 4.9 mln visitors to capital

Cambodia’s three-day Water Festival attracted some 4.9 million locals and tourists to the capital Phnom Penh, according to a Cambodian National Police’s report on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501399581/cambodias-popular-water-festival-attracts-4-9-mln-visitors-to-capital/

Cambodia’s diversification from garment to non-garment rolling

Non-garment manufacturing has played an important role in the economy because its share in the country’s total exports has increased remarkably, showing industry diversification. ...

Chea Vanyuth
https://www.khmertimeskh.com/501397128/cambodias-diversification-from-garment-to-non-garment-rolling/

Chinese-invested airport expected to help revitalize Cambodia’s tourism industry

Chinese-invested Siem Reap Angkor International Airport (SAI) in northwest Cambodia’s Siem Reap province was officially inaugurated on Thursday, raising hope for the recovery of the kingdom’s tourism industry. ...

Khmer Times Staff
https://www.khmertimeskh.com/501393787/chinese-invested-airport-expected-to-help-revitalize-cambodias-tourism-industry/

Government to expand road from new Siem Reap Airport to provincial city

The Royal Government has planned to upgrade the National Road (NR) 6 from the T-junction of the highway from Siem Reap-Angkor International Airport (SAI) in Siem Reap to the provincial city with a distance of nearly 20 kilometres at an estimated cost of $60 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/501393810/government-to-expand-road-from-new-siem-reap-airport-to-provincial-city/

SME Bank to allocate $50 million in funds for Siem Reap tourism boost

The allocation of funds through the Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) is expected to be a vital and timely force in supporting and reviving businesses in Siem Reap province. The move comes in response to the continued arrival of foreign ...

May Kunmakara
https://www.phnompenhpost.com/national/sme-bank-to-allocate-50-million-in-funds-for-siem-reap-tourism-boost

Cambodia’s PM calls financial institutions to restructure loans for tour operators in Siem Reap

Cambodian Prime Minister Dr Hun Manet called on here this morning to the financial institutions to restructure loans for tour operators in Siem Reap province at reasonable interest rates to help revive the tourism sector after being severely affected by COVID-19. ...

Khmer Times Staff
https://www.khmertimeskh.com/501391907/cambodias-pm-calls-financial-institutions-to-restructure-loans-for-tour-operators-in-siem-reap/

Siem Reap, Liaoning finalise deal to aid tourism, cultural exchange

Siem Reap provincial authorities anticipate an influx of Chinese tourists following the recent memorandum of understanding (MoU) signed with China’s Liaoning province. ...

May Kunmakara
https://www.phnompenhpost.com/business/siem-reap-liaoning-finalise-deal-aid-tourism-cultural-exchange

PM tells Preah Sihanouk to step up law, order

Prime Minister Hun Manet has instructed the Preah Sihanouk provincial authorities to maintain security and protect public order and to pay particular attention to popular tourist destinations and industrial areas, noting that this will contribute to attracting visitors and investors. ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-tells-preah-sihanouk-step-law-order

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