Industries

Exports to the United States rebounded in the first quarter of the year, an increase of almost two percent on the same period last year, despite fears over protectionist trade policies to be ushered in by US President Donald Trump. ...

Investment in Cambodia’s booming construction industry increased by 43.3 percent over the first four months of the year compared to the same period last year, according to data released by the Land Management Ministry on Tuesday. ...

Myanmar’s Ministry of Tourism is pushing forward with the implementation of a “two countries, one destination” campaign that hinges on establishing direct flights between the historic cities of Bagan and Siem Reap. The campaign’s single-visa programme would allow tourists holding either a Myanmar or Cambodia ...

Mohaleap Lotto, a subsidiary of Cambodia’s Royal Group, officially entered the Kingdom’s lottery gaming market this month, hoping to disrupt a business sector currently dominated by black market outlets, a company executive said yesterday. ...

Housing Development Association of Cambodia president Ly Hour has unveiled plans to erect a borey in Tboung Khmum province. ...

More than 1,000 garment workers from a factory in Kandal province’s Takhmao City blocked a public road on Wednesday in protest over unpaid wages that have left them struggling to afford food and pay their rents, a union official said. ...

Foreign tourist arrivals to Cambodia went up more than 12 percent in the first quarter of 2017, as the country ramped up efforts to improve services and attractions for visitors. ...

The local entrepreneur who brought the capital its first container night market is seeking government support to realise his vision for the country’s first custom-built floating market and entertainment complex. ...

Provincial tourism department director Soy Sinol said a construction study of the Asian Development Bank-funded project had been completed.The $18-million tourism seaport is due to come into service by 2019.​   ...

Cambodia wants Unesco recognition for Kampot, Kratie and Battambang cities and hopes they would be considered by the UN organisation to be recognized as World Heritage sites when the kingdom files its application next June.​ ...

Siem Reap is renowned for its overwhelming number of hotels and guest houses. However, the city is also starting to witness a growing number of residential properties being built, specifically boreys. ...

Cambodia and Thailand are pushing for the implementation of an agreement on tourism cooperation. ...

Cambodia’s minister of labour applauded the strong growth and employment levels for the garment and footwear sector yesterday, though industry representatives noted a slight slowdown due to increased competition from regional players. ...

The Cambodia Valuers and Estate Agents Association (CVEA) and Emerald Plus Property Service Management (EPPSM) struck a deal with Dae Yang Constructor and Real Estate Association from Sichuan Province to help each other find investment, development and trading opportunities. ...

Cambodia’s second InterContinental Hotel is advancing works on its $77 million project in Sihanoukville. The 17-storey luxury hotel which spans 3 hectares is being developed by the Thai Boon Roong Company, the same firm spearheading the 133-storey Twin Trade Center in Phnom Penh. ...

CBRE’s 2016 report ‘Asia Pacific Millennials: Shaping the Future of Real Estate’ sheds light on millennials thinking around the themes of work, live and play. We see many of the trends observed at a regional level as being applicable to Phnom Penh’s millennials, especially in ...

Sany Heavy Industry, one of the biggest manufacturers of heavy construction machinery in China’s Hunan province, plans to expand in Cambodia to tap into rising infrastructure development. ...

Cambodia has improved its ranking in the World Economic Forum’s (WEF) Travel and Tourism Competitiveness Index.​​ The nation was ranked 101 of 136 countries in the 2017 report, thanks to performance improvements that drove an overall score increase from 3.2 points in 2015 to 3.3 ...

A little-known Vietnamese investment firm plans to build a massive $200 million mixed-use development that includes a hotel, casino and water park in the dusty Cambodian border town of Bavet through its fully-owned Malaysian subsidiary, a government official confirmed yesterday. ...

Investment capital in Cambodia’s construction industry is off to a dwindling start this year, falling 22.1 percent at the end of the first quarter compared with the same period last year. ...

Cambodia’s top tourist destinations recorded a record number of visitors this Khmer New Year, with 2.5 million locals and foreigners traveling to celebrate the festival around the country.​ ...

Angkor Sangkranta, Siem Reap’s largest cultural festival held over Khmer New Year, raked in a total income of $95 million on the back of 1.6 million domestic and international visitors, a 23 percent year-on-year increase, state news agency AKP said yesterday. ...

Nasdaq-listed Entertainment Gaming Asia (EGA) reported a net loss of $6.7 million for the fourth quarter of 2016, compared with a loss of $2.7 million in the same time in 2015 largely due to the cancellation of its operations in Cambodia, the company said in ...

The Tourism Ministry has prepared a master plan for the development of the industry in provinces and cities to attract investment in the sector and create more products for tourists. However the country needs growth of at least 10 percent year-on-year to reach the target ...