Industries

In the first half of 2017, revenue totals reached $52.1 million, a 67-percent rise compared with the first six months of 2016. Tourist arrivals to the park also rose by 13 percent, according to a recent report released by Angkor Enterprise. ...

Angkor Wat ticket sales revenue surged during the first half of 2017 on the back of a sharp increase in tourist entry fees, with no indication that the steeper admission prices had discouraged visits to the Kingdom’s top tourist draw, government officials said yesterday. ...

The meat section in Phnom Penh’s O’Russei Market on most mornings is crowded with housewives selecting the best pork cuts – from shoulders, loins and fillets – for dinner. ...

The Chinese government has pledged to build a vocational training centre in Preah Sihanouk province to help Cambodians develop skills for the workplace. Labour Minister Ith Samheng signed the deal to build the centre as he led ministry delegates on an official visit to China this ...

The government wants to train 50,000 tourism professionals every year between now and 2025 under a new development strategy for human resources within the tourism sector.​ ...

The Garment Manufacturers’ Association of Cambodia (GMAC) yesterday officially launched the GMAC Human Resources Club to build a knowledge bank, share information, experience and expertise to improve the industry. ...

The British government has attempted to assuage the fears of least developed countries (LDCs) including Cambodia by assuring them that they will retain their trade privileges to the United Kingdom following the country’s exit from the European Union ...

The Tourism Ministry has outlined the potential of tourism services and investment opportunities to Russia, hoping to attract tourists and investments to Cambodia. ...

Cambodia hopes to attract some 200 international companies to participate in the first Cambodia Travel Mart (CTM) event to be held in November this year. ​  ...

Chinese investors have injected nearly $5 million to build the first international-standard construction materials market – Difa International Decoration and Building Materials Market – with famous brand products from around the world.   ...

Phnom Penh is set to welcome a significant wave of condominium supply in 2017, with about 7,000 units due to be delivered by the end of this year.​​ However, the demand for condos appears to be dropping slightly, according to the latest report from CBRE. ...

The Unesco representative in Cambodia has expressed support for the Apsara Authority’s actions to prevent the spread of illegal constructions in the Angkor Archaeological Park. ...

Cambodia-based integrated food-distribution company Hun Ty plans to open its own retail fresh-food market next month and will increase its cold storage and food-distribution business by opening two additional locations in the Kingdom, a company executive said yesterday. ...

Nagacorp Ltd, the operator of Phnom Penh’s NagaWorld hotel and casino complex, announced that the company’s chief executive, Chen Lip Keong, has submitted a proposal to shareholders and the Hong Kong Stock Exchange that would allow him to divest his personal investment of $369 million ...

Over 200 people held a protest yesterday morning in Kandal province’s Sa’ang district, demanding that provincial authorities halt sand-dredging operations on the Bassac River. ...

Ten union representatives were yesterday suspended from the Southland garment factory in Phnom Penh’s Por Sen Chey district after more than a thousand workers went on strike to protest the factory’s decisions about time taken off for voting in Sunday’s commune elections. ...

The silo is expected to be finished by the end of the year and the warehouse will be fully operational for the 2018 harvest season, according to the CEO of the Cambodia Rice Bank.   ...

Exports grew at a solid pace in 2016, rising by 7.2 percent to $7.3 billion, but the number of registered exporting factories fell by 10.4 per cent, while the number of workers declined by 2.9 per cent, compared to 2015.   ...

The resort and housing complex, which has only recently started construction, is located in Dangkao district’s Kong Noy commune, making it an 18-kilometre journey from Wat Phnom in Phnom Penh. ...

Acleda Bank has provided $40 million to customers in the form of housing loans since the start of 2017, marking a growing trend of home loans being taken out across the country. ...

Investment in Cambodia’s real estate and construction industry now stands at $4 billion, according to data from the Ministry of Land Management, Urban Planning, and Construction (MLMUPC). ...

Cambodia is one of the emerging nations that attracts foreign investors in the real estate sector, thanks to its growth and good performance, according to a recent report from PropertyGuru. ...

While Cambodia’s garment sector exhibited solid growth last year, employment levels declined, raising concerns about a potential rise in unregulated subcontracting, the International Labour Organization (ILO) said in a report released yesterday. ...

Cambodia’s garment factories appear to be ramping up their use of subcontractors, which tend to get the least attention from regulators and raise the most fears of abuse among labor rights groups, according to a report released on Monday. ...