Industries

Over 40 new mining licences were issued during the first half of the year to satisfy the high demand for construction materials by Cambodian infrastructure and real estate projects, while more than 100 licences were revoked due to environmental concerns or inactivity, a government official ...

Cambodian factories manufactured industrial products worth $5.3 billion during the first seven months of 2016, according to data released yesterday by the Ministry of Industry and Handicraft.​ ...

The district of Svay Chrum, where the government has – since 2013 – been planning to build a bridge linking the Mekong river from west to east, is currently in the spotlight because of its advantageous geographical standpoint and slated future infrastructure development. ...

A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. ...

Takeo provincial authorities yesterday confiscated and destroyed more than 180 kilograms of contaminated prahok from four production sites, according to an official with the Cambodia Import-Export Inspection and Fraud Repression Directorate-General (CAMCONTROL). ...

Kep province’s Knai Bang Chatt hotel is the first in Cambodia to receive the gold certification in the international Green Growth 2050 initiative after it was accredited by industry experts. In August, an Australian team of experts conducted an independent audit and found that the hotel ...

The first hygienically produced soft drink made from palm juice, produced domestically, has proved popular enough to seek organic certification, and hopefully an export market. While palm juice has been used to make sugar, alcohol and vinegar, it has never been tapped for making soft drinks ...

Falling demand for land in Svay Rieng province’s Bavet City has ensured that land prices have remained stable in the first eight months of the year, according to industry insiders. Relatively stable property sales and a few industrial development projects have helped to ensure that land ...

Unions decided to lower their demand for $179.60 per month as the new minimum wage for the garment, footwear and textile industries in 2017, telling employers yesterday that they were dropping the figure by $2 – matching the $2 employers added to their figure earlier ...

Vendors along O’Chheuteal Beach yesterday protested against a new Preah Sihanouk provincial project that requires them to build new stalls – set back from their current ones – before the Sea Festival starts on December 17, in order to expand the beach area for tourists. ...

China is the top-ranking foreign investor in the construction and property sectors in Cambodia, with South Korea and Japan coming second and third, according to a new government report.   ...

Unilever is looking to source 2,000 tons of organic palm sugar a year from Cambodia, a senior manager said yesterday. Monica Soy, senior external affairs manager at Unilever Cambodia, told Khmer Times yesterday that Unilever requires about 2,000 tons a year, to be exported from Cambodia ...

The Ministry of Labor is preparing to enact regulations that would provide some amount of monetary relief to workers left in the lurch by factory owners who flee the country. The widespread practice has led to a number of months-long protests as more and more factory ...

The Tourism Ministry on Monday released a joint statement with relevant stakeholders in the tourism sector to support and promote ecotourism and community-based tourism in Cambodia. Tourism Minister Thong Khon said at a tourism conference that ecotourism and community-based tourism were growing regionally and globally with ...

The Ministry of Tourism is preparing a draft law for eco-tourism with the hope that it will keep Cambodia’s tourism industry competitive while protecting the Kingdom’s natural resources and promoting conservation efforts. ...

A $20 million resort being developed on Krabey Island off the coast from Sihanoukville is about 70 percent complete and will open on schedule in mid-2017, according the Ministry of Tourism. Tourism Minister Thong Khon told Khmer Times that the island development was progressing as planned, ...

Jimei International Entertainment Group, a Hong Kong-listed casino junket investor that promotes at least seven gaming tables in NagaWorld casino in Phnom Penh, reported a steep decline in profit during the first half of 2016 despite increased turnover. ...

Cracks are beginning to appear in Phnom Penh’s property market following news this week that Singapore developer TEHO International has placed its troubled, $500 million upscale real estate project on hold. Citing an “unfavourable macro-economic outlook” in Phnom Penh’s condo sector, the Singapore-listed firm blamed poor ...

The Singaporean developer behind The Bay, a $500 million mixed-use real estate project on the capital’s Chroy Changvar peninsula, has announced it is putting the residential phase of the project on hold due to unfavourable market conditions – a move that could herald the first ...

Since the start of the year, department authorities at the Ministry of Interior have arrested more than 10,000 illegal workers, with the bulk of them being construction workers. However, industry experts and investors are split on the opinions that the arrest will impinge on the ...

After a surge in property-related events by various real estate developers at Aeon Mall’s Daylight Plaza, the centre’s management team is now holding off on requests from developers. ...

Condos and boreys have been experiencing a decline in sales, prompting developers to go back to the drawing board when devising financing strategies in a bid to lure back potential buyers. Nget Piseth, director assistant of Borey Piphup Thmey, said recently that residential sales in his ...

The completion of three new office buildings in Phnom Penh in the first half of this year has marginally boosted the city’s office space supply, according to the latest sector report by Knight Frank Cambodia. ...

Land prices in the capital’s Sen Sok and Tuol Kork districts saw a slight decrease in the second quarter relative to the year’s first quarter, which was blamed on a stagnant property market from earlier this year. ...