Industries
Coal-fired power plant to come online in S’ville this month
A 135-megawatt coal-fired power plant will start producing energy this month in the coastal province of Preah Sihanouk, according to a high-ranking energy official. The plant is seen as an important element in the government’s strategy to deal with the current energy shortage. ...
Chea Vannak
https://www.khmertimeskh.com/50666710/coal-fired-power-plant-to-come-online-in-sville-this-month/
Revenue, visitors at Angkor temples down again
Visitors to the world-famous Angkor Archaeological Park, Cambodia’s most important tourist draw, were down significantly during the first eleven months of the year. According to the latest report from Angkor Enterprise, who manages ticket sales at the temple complex, from January to November, revenue from ...
Chea Vannak
https://www.khmertimeskh.com/50666505/revenue-visitors-at-angkor-temples-down-again/
Mekong countries agree to strengthen tourism cooperation
Greater Mekong Subregion (GMS) countries have agreed to boost tourism cooperation, including improving infrastructure and marketing techniques and developing human resources. During the 44th GMS Tourism Working Group Meeting, held last week in Siem Reap, the six countries that form GMS signed an agreement to ...
Sok Chan
https://www.khmertimeskh.com/50665908/mekong-countries-agree-to-strengthen-tourism-cooperation/
Casino investment boosts Kingdom’s construction sector
Increasing casino investment has brought the construction sector to provinces along Cambodia’s borders, World Bank (WB) senior economist for Cambodia Ly Sodeth said on Wednesday. In the latest WB Cambodia Economic Update (CEU) report published on Wednesday, Sodeth said that the construction sector has boomed in Banteay ...
Thou Vireak
https://www.phnompenhpost.com/business/casino-investment-boosts-kingdoms-construction-sector
Gov’t creates tourism development committee
The National Tourism Development Committee was created this month to boost the development of one of Cambodia’s most important economic drivers. ...
Chea Vannak
https://www.khmertimeskh.com/50665275/govt-creates-tourism-development-committee/
Ministry: Construction workers must upskill
Ministry of Labour and Vocational Training official Teang Sak on Wednesday urged the private sector to work with the government in improving the skills of workers to meet the needs of the fast-growing construction sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-construction-workers-must-upskill
World Bank: Growth at 7% for this year
Cambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/world-bank-growth-7-year
Parties urged to resolve dispute over construction disturbance
The 20 families had filed a complaint with the authorities against Company China Construction, which was legally authorised to build a 52-storey building in Chamkarmon district’s Tonle Bassac commune in Phnom Penh. ...
Long Kimmarita
https://www.phnompenhpost.com/national/parties-urged-resolve-dispute-over-construction-disturbance
US investors look into tourism opportunities in Cambodia
US investors are eyeing opportunities in Cambodia’s tourism sector, while the number of US visitors in the country remained low and is declining, said the Ministry of Tourism. Data from the Ministry of Tourism said US visitors who travelled to the Kingdom accounted for only 3.7 ...
Thou Vireak
https://www.phnompenhpost.com/business/us-investors-look-tourism-opportunities-cambodia
Apsara raises concerns over illegal construction in Angkor
The Apsara National Authority expressed concern over illegally built structures along Siem Reap’s Angkor resort area. Apsara National Authority spokesman Long Kosal told The Post on Monday that many residents of the Angkor resort area, who had requested building permits from the Apsara National Authority, ...
Long Kimmarita
https://www.phnompenhpost.com/national/apsara-raises-concerns-over-illegal-construction-angkor
Chinese firms set to invest in car assembly, fertiliser plants
Two Chinese companies plan to invest in a car assembly plant and an organic fertiliser processing plant in Cambodia, following a visit by a delegation of 20 company representatives from Shandong province last week. The delegation was led by Shandong provincial vice-governor Wang Shujian, who met ...
Post Staff
https://www.phnompenhpost.com/business/chinese-firms-set-invest-car-assembly-fertiliser-plants
Garment, travel goods exports will stay strong, says minister
Minister of Commerce Pan Sorasak on Thursday expressed his optimism that garment, textile, footwear and travel goods exports will continue to enjoy strong growth over the next few years. He cited better working conditions and labour compliance as the main drivers of the Kingdom’s industrial ...
Tourist arrivals continue to rise, buoyed by Chinese tourists
Cambodian Tourism Ministry statistics showed an increase in international tourists arriving in the country for the first nine months of the year, again bolstered by Chinese tourist arrivals in the Kingdom. The statistics show that nearly 4.8 million tourists arrived in the country from January ...
Nem Sopheakpanha
https://www.voacambodia.com/a/tourist-arrivals-continue-to-rise-buoyed-by-Chinese-tourists/5173741.html
Garment, textile, footwear exports nearly $8B in Q1-Q3
Cambodia exported more than $7.97 billion worth of garment, textile and footwear (GTF) products in the first nine months of this year, up 13.18 per cent year-on-year from $7.044 billion, a report from the Ministry of Economy and Finance’s General Department of Customs and Excise ...
Thou Vireak
https://www.phnompenhpost.com/business/garment-textile-footwear-exports-nearly-8b-q1-q3
SOA to build palm sugar factory with Korean firm
Local exporter Signatures of Asia and Korea-based B&G is Life are investing in a palm sugar processing factory in Kampong Speu province. In addition to the plant, the collaboration includes a warehouse, a solar dryer, and a blockchain-based traceability system, Pich Chan, SOA general manager, ...
Sok Chan
https://www.khmertimeskh.com/50661040/soa-to-build-palm-sugar-factory-with-korean-firm/
Entertainment and Investment expo slated for early next year
The third edition of the Asia Entertainment and Investment Expo, also known as AGE Cambodia 2020, will be held at Sokha Beach Resort in Sihanoukville on March 26 and 27, according to the official website for the event. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50661036/entertainment-and-investment-expo-slated-for-early-next-year/
Sihanoukville to welcome four new industrial parks
The coastal province of Preah Sihanouk will soon be home to four more special economic zones, bringing the total number of industrial parks there to nine, the prime minister said Saturday. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50661037/sihanoukville-to-welcome-four-new-industrial-parks/
Exports of footwear and travel goods buoyed by tariff privileges
Cambodia’s footwear and travel goods exports dramatically increased in the first nine months of this year, thanks to tariff privileges they received from the US under its Generalised System of Preferences (GSP). ...
May Kunmakara
https://www.phnompenhpost.com/business/exports-footwear-and-travel-goods-buoyed-tariff-privileges
Kingdom’s fifth cement factory launched in Kampot province
A cement factory with a production capacity of one million tonnes per year went online on Thursday in Kampot province. The factory is Cambodia’s fifth cement plant and comes in response to the rapid development of the construction sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdoms-fifth-cement-factory-launched-kampot-province
Chip Mong commences Park Land 50M project
Chip Mong Land, one of the Kingdom’s leading construction developers, has launched the “Park Land 50M” residential project. The project broke ground on Thursday in Dangkor district’s Prey Sar commune along the capital’s second ring road, which – hence the name – is 50m wide. ...
Thou Vireak
https://www.phnompenhpost.com/business/chip-mong-commences-park-land-50m-project
Fifteen years' jail for construction deaths under new law
King Norodom Sihamoni has signed off on a new law that will see unlicensed construction company officials punished with a maximum of 15 years in prison if a worker is to die due to negligence. ...
Long Kimmarita
https://www.phnompenhpost.com/national/fifteen-years-jail-construction-deaths-under-new-law
GMAC: Automate and digitise to grow, thrive
The garment sector should digitise and automate to improve productivity and boost production, while reskilling and upskilling its workforce, said Garment Manufacturers Association in Cambodia (GMAC) executive committee member John Cha on Sunday. ...
May Kunmakara
https://www.phnompenhpost.com/business/gmac-automate-and-digitise-grow-thrive
One More Manufacturing opens door to local noodle production
One More Manufacturing Co Ltd on Saturday officially inaugurated “Mee Chiet” an instant-noodle processing factory with a production capacity of 150 million packages per year. The factory, which is located in Kouk Roka commune’s Trapaing Por village in the capital’s Prek Pnov district, will produce noodles ...
Hin Pisei
https://www.phnompenhpost.com/business/one-more-manufacturing-opens-door-local-noodle-production
Construction boom adding fuel to the fire
The government needs to further invest in fire disaster management as the Kingdom enjoys a multi-billion-dollar boom in the construction industry, a fire prevention expert said. As high-rises continue to mushroom in the capital, fire disaster management may not be properly equipped to respond to ...
Hin Pisei
https://www.phnompenhpost.com/national/construction-boom-adding-fuel-fire