Industries

Garment factories close amid political uncertainty

Political uncertainty in Cambodia has forced the garment and footwear industry to look to alternative countries to meet production needs, forcing more than 70 factories to close and a sharp drop in orders, a senior official from the Garment Manufacturers Association in Cambodia (GMAC) said ...

Sok Chan
http://www.khmertimeskh.com/news/28810/garment-factories--close-amid-political-uncertainty/

Garment factories to buy into automation

Investors in Cambodia’s garment industry are increasingly purchasing modern equipment as they look to produce higher value-added products to compete in the international market and counter rising labour costs, an industry insider said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/garment-factories-buy-automation

Angkor beer factory strike hits production

A workers’ strike escalated on Monday at Sihanoukville’s Angkor Beer-producing Cambrew factory, protesters said, with the company acknowledging that the work stoppage was causing major disruptions. ...

Chhorn Phearun
https://www.cambodiadaily.com/business/angkor-beer-factory-strike-hits-production-117037/

Pokémon go warning in temple complex

The Apsara Authority has called on tourists playing Pokémon Go to be careful when playing in the Angkor Archaeological Park and to respect all signs in the temples. Due to concerns over potential accidents happening to those playing the game, the Apsara Authority issued a statement ...

Mom Kunthear
http://www.khmertimeskh.com/news/28765/pok--mon-go-warning-in-temple-complex/

Cambodian silk market troubles

Despite steady sales of silk products in the Kingdom, the combination of a lack of skilled labor and cheap imports are adding extra stress to Cambodia’s already beleaguered domestic production, say officials and industry experts. ...

Sok Chan
http://www.khmertimeskh.com/news/28745/cambodian-silk-market-troubles/

VietJet set to resume flights to Siem Reap

Vietnamese budget airline VietJet will re-launch flights to Cambodia at the end of October following a six-month halt in the service due to unspecified market issues, an aviation official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/vietjet-set-resume-flights-siem-reap

NagaCity Walk gives capital a taste of duty-free shopping

The NagaCity Walk, a $94 million subterranean shopping centre in Phnom Penh aimed at high-rolling tourists visiting the adjacent NagaWorld casino and hotel complex, held its soft opening yesterday, with duty-free luxury goods ranging from affordable tobacco, perfumes and designer watches to a $3,400 bottle ...

Kali Kotoski
http://www.phnompenhpost.com/business/nagacity-walk-gives-capital-taste-duty-free-shopping

300,000 Japanese tourists by 2020

Cambodia plans to attract up to 300,000 Japanese tourists to the Kingdom by 2020, as direct flights connect Phnom Penh with Tokyo early next month, Minister of Tourism Thong Khon announced yesterday. ...

Chea Vannak
http://www.khmertimeskh.com/news/28626/300-000-japanese-tourists-by-2020/

Rice crackers bound for China

Cambodian rice cracker manufacturer Ly Ly Food Industry Co. Ltd., has begun exporting its products to China, as part of a push to expand beyond Asean markets. ...

Sum Manet
http://www.khmertimeskh.com/news/28557/rice-crackers-bound-for-china/

More Cambodians traveling abroad as tourists

The number of Cambodians traveling overseas as tourists increased to nearly 700,000 in the first half of the year, up 26 percent compared to the same period last year, according to the Ministry of Tourism. Experts in the industry welcomed this trend and pointed out ...

Chea Vannak
http://www.khmertimeskh.com/news/28454/more-cambodians-traveling-abroad-as-tourists/

Demand for commercial property still high

While commercial buildings in Phnom Penh are still in demand, occupancy rates, however, have fallen slightly for residential apartments, according to global property consultancy Knight Frank. ...

May Kunmakara
http://www.khmertimeskh.com/news/28403/demand-for-commercial-property-still-high/

Plans underway for clearer guidelines governing landmarks and heritage buildings

As many tall buildings continue to pop up in Cambodia’s 500-year-old capital, ministries are continuing to place importance on preserving the cultural heritage of important historical sites and landmarks, ranging from ancient temples and monuments to pagodas and colonial buildings. ...

Moeun Nhean
http://www.phnompenhpost.com/post-property/plans-underway-clearer-guidelines-governing-landmarks-and-heritage-buildings

Organic fertilizers enter Cambodia

A local wholesale company, Brightway Group Co. Ltd., and leading Thailand-based organic fertilizer manufacturer and distributor, MSK Fertilizer Co. Ltd., signed a memorandum of understanding (MoU) yesterday for the entry of non-chemical fertilizers into the Kingdom. ...

Sok Chan
http://www.khmertimeskh.com/news/28401/organic-fertilizers-enter-cambodia/

$6 billion in building projects

During the past five years the government approved close to $6.83 billion worth of investments in 1,183 construction projects, according to a senior official from the Ministry of Land Management, Urban Planning and Construction. ...

Sum Manet
http://www.khmertimeskh.com/news/28404/-6-billion-in-building-projects/

Report confirms residential oversupply

The latest report on the state of Phnom Penh’s property market makes bleak reading for investors and those betting on a lucrative future in the short-term. ...

Post Staff
http://www.phnompenhpost.com/post-property/report-confirms-residential-oversupply

Domestic tourists push up Siem Reap visitor count

Tourist visits to Siem Reap province increased slightly during the first half of the year as foreign tourists lined up to see the country’s pre-eminent tourism attraction, Angkor Wat, and Cambodians from across the country flocked to the province for a major national festival in ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/domestic-tourists-push-siem-reap-visitor-count

Exports to Japan rise sharply

Cambodia’s total exports of garments and footwear to Japan increased sharply in the first half of the year, according to latest figures from the Japan External Trade Organization (JETRO). ...

May Kunmakara
http://www.khmertimeskh.com/news/28319/exports-to-japan-rise-sharply/

Kantha Bopha to get Angkor donations in February

Two dollars from the sale of every ticket to the Angkor temple complex will go to the Kantha Bopha hospitals in February 2017, according to the Ministry of Economy and Finance yesterday. A letter sent to Dr. Beat Richner, the founder for the Kantha Bopha Children’s ...

San Bunsim and Chea Vannak
http://www.khmertimeskh.com/news/28217/kantha-bopha-to-get-angkor-donations-in-february/

Drop in US exports seen as a wake-up call

The industry body for the nation’s garment and footwear manufacturers said new trade data showing a decline in Cambodian exports to the US during the first half of the year was a sign that the Kingdom was losing its competitive advantage, threatening the future of ...

Kali Kotoski
http://www.phnompenhpost.com/business/drop-us-exports-seen-wake-call

Ministry scolds South Korean firm

Sun Chanthol, senior minister and minister of Public Works and Transport, met with the president of Dansan Consultants on Friday to talk about the lack of safety signs on a construction site on National Road 21 that allegedly caused two deaths in a traffic accident. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/28162/ministry-scolds-south-korean-firm/

Angkor Wat ticket prices set to rise after government takeover

Tourism Minister Thong Khon said on Sunday he did not believe an upcoming hike in the cost of tickets for foreigners visiting Angkor Wat will cause fewer tourists to come to Cambodia, with surveys showing most who visit the country are prepared to pay more. ...

Kang Sothear
https://www.cambodiadaily.com/news/angkor-wat-ticket-prices-set-to-rise-after-govt-takeover-116386/

New condo aimed at local investors

Star5 Development and the Skyland Company have formed a joint venture, with approximately $20 million in investment capital, to develop an affordable condominium named Skyland Condo aimed at local investors. ...

Sum Manet
http://www.khmertimeskh.com/news/28095/new-condo-aimed-at-local-investors/

China, Thailand tourist arrivals start rising

The number of tourist arrivals from China and Thailand rose in the first six months of the year while arrivals from Vietnam, South Korea and Laos dropped, according to a senior official at the Ministry of Tourism. ...

Sok Chan
http://www.khmertimeskh.com/news/28092/china--thailand-tourist-arrivals-start-rising/

Angkor temple dress code now in effect

At 8 a.m. on Thursday, Lin Sampho picked up an Australian tourist from a Siem Reap City hotel to take her to the Angkor Archaeological Park for a morning trek through the site’s ancient temples. ...

Phan Soumy and Janelle Retka
https://www.cambodiadaily.com/news/angkor-temple-dress-code-now-in-effect-116300/

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