Industries
CDC gives $68M hotel project nod for Poipet
The Council for the Development of Cambodia (CDC) has approved a more than $68 million hotel project in Poipet town, it said on Friday. The project, funded by Boonma Heng Co Ltd, aims to build the first four-star hotel in the province, complete with 392 ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-gives-68m-hotel-project-nod-poipet
Talks on new minimum wage start
A ministry announcement yesterday said initial talks to set the parameters for the mew minimum wage were scheduled for this month and discussions between it, employers and unions will take place next month. ...
Pech Sotheary
https://www.khmertimeskh.com/50521380/talks-on-new-minimum-wage-start/
Cambodia, China team up to boost local silk sector
With the aim of boosting the local sericulture sector, the Royal Academy of Cambodia (RAC) and the South China Agricultural University (SCAU) will soon begin a collaboration to conduct research in the industry and train farmers. ...
Sok Chan
https://www.khmertimeskh.com/50520133/cambodia-china-team-up-to-boost-local-silk-sector/
Tour guides voice concern over app that will offer audio tours
Tour guides at the Kingdom’s historical sites are voicing concern over an audio tour app they said is threatening their careers. Developed by local company Angkor Audio, the app provides spoken tours in 14 languages. ...
Hin Pisei
https://www.phnompenhpost.com/business/tour-guides-voice-concern-over-app-will-offer-audio-tours
Exports to US see 26% growth
Exports to the US grew 26 per cent in the first half of this year, despite tensions over the Kingdom’s July 29 national elections. This stands in stark contrast to last year when export growth to the US was in single digits. ...
Hor Kimsay
https://www.phnompenhpost.com/business/exports-us-see-26-growth
Despite election uncertainty, exports achieve solid growth
Exports of garment and footwear products achieved solid growth during the first half of the year, expanding by 9.3 percent. According to the Ministry of Commerce, exports from the country’s garment industry were valued at $3.7 billion during the first six months of the year. ...
May Kunmakara
https://www.khmertimeskh.com/50517748/despite-election-uncertainty-exports-achieve-solid-growth/
Locally bred silkworms put to use in Kampong Speu
With help from the Kingdom’s Silk Research Centre, the sleepy sector is showing new signs of life with the first crop of worms from the institute’s breeding centre being put to use. Aoral Silk Community was the first farm in Kampong Speu province to sucessfully ...
Oung Dane and Hong Tholly Sonit
https://www.phnompenhpost.com/business/locally-bred-silkworms-put-use-k-speu
Property sector strong despite election: CBRE
Growth in the local property sector remained robust in the second quarter of 2018, with the condominium, office and industrial sectors all contributing significantly to its expansion, according to CBRE’s latest report. However, uncertainty regarding the upcoming general election has chipped away at investors’ confidence ...
Sum Manet
https://www.khmertimeskh.com/50514823/property-sector-strong-despite-election-cbre/
Clothes exports kick into high gear
Cambodia’s garment and footwear exports recorded double-digit growth to some $4 billion in the first half of this year compared to the same period last year, a National Bank of Cambodia (NBC) report has said. Industry insiders have speculated that the growth could be due ...
Hor Kimsay
https://www.phnompenhpost.com/business/clothes-exports-kick-high-gear
Concerns over construction safety
The government earlier this week announced the creation of a national committee tasked with improving safety standards on construction sites and ensuring the welfare of labourers. In an attempt to curb construction site accidents, the Labour Ministry on Monday said that the new national committee ...
Sen David
https://www.khmertimeskh.com/50512989/concerns-over-construction-safety/
Authority protecting forests
The Apsara Authority is stepping up its efforts to manage and maintain forest cover surrounding the Angkor World Heritage Site in Siem Reap province. At a meeting with about 250 officials and staff members of the authority’s forestry department on Wednesday, Hang Peou, deputy director-general ...
Pech Sotheary
https://www.khmertimeskh.com/50511480/authority-protecting-forests/
Tourism industry unruffled by election – experts
Tourism officials and industry insiders say the upcoming election is not affecting the flow on tourists into the Kingdom. Kong Sophearak, director of the Statistics Department of the Ministry of Tourism, told Khmer Times that despite this month’s election and the ongoing political rallies throughout ...
May Kunmakara
https://www.khmertimeskh.com/50510282/tourism-industry-unruffled-by-election-experts/
Battambang villagers have mixed feelings over new cement factory
A new cement factory in Battambang province has begun construction of a concrete road connecting it to one of Cambodia’s national roads, leaving nearby residents with mixed feelings. ...
Asian demand for cement destroys stunning cliffs in Cambodia – pulverised for their limestone
Across the continent, a construction boom is driving record demand for a core constituent of cement – limestone – resulting in the utter destruction of unique and fragile ecosystems. ...
Plans set for Silk Research Centre at RUPP
Cambodian silk producers will be soon able to get quality silkworms from a breeding centre at the Royal University of Phnom Penh (RUPP), thanks to a specialised team that is seeking to increase professionalism in the Kingdom’s silk industry. ...
Hor Kimsay
https://www.phnompenhpost.com/business/plans-set-silk-research-centre-rupp
Long-term strategy needed for tourism
The Cambodian tourism sector is set for more spectacular growth in the next few years, thanks to industry promotion and networking through the Cambodia Tourism Federation (CTF) and support from the Ministry of Tourism. ...
Post Staff
https://www.phnompenhpost.com/national/long-term-strategy-needed-tourism
Chinese visitors to the Kingdom spike
During the first four months of the year, Cambodia welcomed more than 647,000 Chinese visitors, an increase of more than 79 percent, according to the Cambodian Tourism Minister. ...
Sum Manet
https://www.khmertimeskh.com/50507277/chinese-visitors-to-the-kingdom-spike/
Workers to get cash compensation
The Ministry of Labour on Friday announced that more than 1,000 workers from three factories in Phnom Penh’s Chbar Ampov district can come to collect cash compensation at a district hall following the absconding of their employers. ...
Sen David
https://www.khmertimeskh.com/50506950/workers-to-get-cash-compensation/
Siem Reap resort in works by China firm
Shanghai-based Join.In Hospitality Management (JHM) has revealed plans to expand its Tonino Lamborghini Hotel & Resort – a luxury hotel chain – by opening a hotel in Siem Reap, its first outside China. In a press release, JHM announced earlier this week that it has ...
Hor Kimsay
https://www.phnompenhpost.com/business/siem-reap-resort-works-china-firm
We’re going to Wisney World!
More than 6,000 mostly Chinese attendees witnessed the inauguration ceremony of a $1 billion Sihanoukville resort project called Wisney World in the capital on Wednesday. The event on Koh Pich, attended by several senior Cambodian government officials, is a joint venture between China’s AMC International ...
Hin Pisei
https://www.phnompenhpost.com/business/were-going-wisney-world
Prime Minister to reveal new oil policy next week
With the price of oil in the international market on the rise, Prime Minister Hun Sen yesterday announced he will unveil a new policy to deal with the impact of more expensive crude on the 28th of this month. ...
May Kunmakara
https://www.khmertimeskh.com/50502734/prime-minister-to-reveal-new-oil-policy-next-week/
Ministry to crack down on fake service charges
Tourism sector businesses will be fined up to 300,000 riel ($75) if caught imposing “service charges” without first applying to the Ministry of Tourism, an announcement issued on Monday said. The ministry’s director of the tourism, accommodation and food and beverage (F&B) management, Kim Serey ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/ministry-crack-down-fake-service-charges
Government earns $366m from construction sector
The government collected more than $366 million in revenues from the construction sector from 2013 to 2017, mostly from land registration and cadastre, construction, land leases, and property title transfer services, according to a recent government report. ...
Sum Manet
https://www.khmertimeskh.com/50501230/government-earns-366m-from-construction-sector/
Parliament passes minimum wage law
The National Assembly yesterday adopted a draft minimum wage law, which aims to promote decent living standards for the country’s 780,000 textile workers. More than 100 lawmakers passed the draft law with 33 articles which will benefit workers and the nation as a whole as ...
Khy Sovuthy
https://www.khmertimeskh.com/50498654/parliament-passes-minimum-wage-law/