Industries

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

Angkor ticket revenue surges by over 312 percent to $27.88M

Cambodia earned $27.88 million from Angkor Archaeological Park ticket sales in the first 10 months of the year, a jump of over 312 percent compared to the same period last year. ...

Manoj Mathew
https://www.khmertimeskh.com/501388697/angkor-ticket-revenue-surges-by-over-312-percent-to-27-88m/

Cambodia eager to see return of more Chinese tourists: PM

Cambodian Prime Minister Hun Manet said on Tuesday that the Southeast Asian country is keen to see the return of more Chinese tourists, noting that the kingdom is a safe tourist destination. ...

Khmer Times Staff
https://www.khmertimeskh.com/501388900/cambodia-eager-to-see-return-of-more-chinese-tourists-pm/

Strengthening resilience key to coping with crises

An in-depth study into the impact of Covid-19 on tourism-related businesses in Siem Reap has revealed that while solid networks helped strengthen resilience, existing debts and the structure of the labor system hampered it. ...

Yatt Malai
https://kiripost.com/stories/strengthening-resilience-key-to-coping-with-crises

New interior ministry HQ inaugurated

The Ministry of Interior’s new headquarters was officially inaugurated by Prime Minister Hun Manet on November 6. The facility was completed in just under two years, at a cost of approximately $60 million. ...

Post Staff
https://www.phnompenhpost.com/national/new-interior-ministry-hq-inaugurated

Siem Reap-Angkor Int’l Airport records new high number of daily passengers

The number of air passengers passing through the newly-commenced Siem Reap-Angkor International Airport (SAI) has continued to grow, with a record of 3,200 a day, up from 2,600 on Oct. 24. ...

Khmer Times Staff
https://www.khmertimeskh.com/501388197/siem-reap-angkor-intl-airport-records-new-high-number-of-daily-passengers/

MPTC to help digital transformation in tourism, information sectors

The Ministry of Post and Telecommunications (MPTC) Tuesday signed a Memorandum of Understanding (MoU) with the Ministry of Tourism (MoT) and the Ministry of Information (MoI) to organise training programmes on digital skills for civil servants. ...

Nhean Chamrong
https://www.khmertimeskh.com/501385578/mptc-to-help-digital-transformation-in-tourism-information-sectors/

Angkor Park revenue surges by ‘300%’ in 2023

Over 600,000 international tourists purchased tickets to the Angkor Archaeological Park in the first 10 months of 2023, boosting revenue for Angkor Enterprise – a state body tasked with overseeing ticket sales – to nearly $28 million. This represents a staggering increase of over 300% ...

Hin Pisei
https://www.phnompenhpost.com/business/angkor-park-revenue-surges-300-2023

Entry pass sales to Angkor Park hit $27.8M in Jan-Oct

Angkor Archaeological Park, one of the Kingdom’s biggest tourist attractions notched a whopping 312 percent hike in sales of entry passes totalling $27.8 million in the January-October period this year, according to a report from the state-owned Angkor Enterprise. Sales of entry passes to foreign ...

Chea Vanyuth
https://www.khmertimeskh.com/501385588/entry-pass-sales-to-angkor-park-hit-27-8m-in-jan-oct/

Credit growth too high, especially in real estate sectors

In July, the National Bank of Cambodia (NBC) flagged the “historically” high credit-to-gross domestic product (GDP) ratio, which stood at 189 percent in 2022, with credit-to-GDP gap reaching nearly 40 percent. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-credit-growth-too-high-especially-in-real-estate-sectors

Workers in 39 suspended factories to get cash assistance

In line with government initiatives, cash handouts are being extended to displaced workers engaged in the garment sector at 39 factories specialising in textile, footwear, travel products and bags that have temporarily suspended their operations. ...

Sok Raksa
https://www.phnompenhpost.com/national/workers-39-suspended-factories-get-cash-assistance

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