Industries

Prime Minister Hun Sen used his Facebook page this week to order his government to revoke the project licenses of companies failing to develop islands off the coast of Cambodia, or—worse—trying to sell them off to others. ...

Cambodia has an opportunity to improve its corporate governance, addressing issues in this field that are increasingly important to international companies considering investment, an official from the International Finance Corporation (IFC) has said. ...

The Cambodian government is preparing a tourism policy to manage the increasing numbers of elderly foreign tourists visiting the Kingdom, an official at the Ministry of Tourism said yesterday. ...

A large US-based international hotels and resorts group plans to invest close to $120 million in a multi-resort development project in Preah Sihanouk province. ...

The National Assembly’s (NA) Second Commission on Economics, Finance, Banking and Auditing yesterday asked the European Union (EU) to increase rice and clothing import quotas from Cambodia, after a discussion on EU subsidies to the Kingdom. ...

The E.U.’s ambassador to Cambodia said he would weigh appeals from pro-government unions critical of a call by opposition party leader Sam Rainsy to push the government to improve its human rights record through increased economic pressure. ...

HLH Group, listed on the Singapore Exchange main board, on Thursday said it has awarded a construction project in Sihanoukville, Cambodia, to Yanjian Group (Cambodia) Co Ltd for about US$36.8 million. ...

Sonatra Carling, the Japanese-Cambodian joint venture behind Phnom Penh’s first automated toll-parking system, sustained losses during its first year of operation, but remains committed to the project and is looking to expand the model to other areas of the capital, a company executive said yesterday. ...

Opposition leader Sam Rainsy has been in hot water since he told an EU parliamentary meeting on July 13 that he wanted them to consider decreasing garment imports from Cambodia in the hope it would pressure Prime Minister Hun Sen and his government into complying ...

Authorised dealerships of new cars and trucks have said a recent increase in the specific tax on vehicle imports has put a dent in profits, with some dealers claiming sales have slowed since the tax hike went into effect in April. ...

Super Drilling Private Limited is pleased to officially announce that it has wrapped up its project for renovating and restoring drainage systems to protect the Ta Prohm temple ruins in Siem Reap, Cambodia. ...

Opposition leader Sam Rainsy has asked the European Union (EU) to decrease imports of clothing from Cambodia in an effort to put economic pressure on the government into respecting human rights and freedom of speech, saying he believed the act would not affect workers.   ...

The jobs of nearly 90% of garment and footwear workers in Cambodia and Vietnam are at risk from automated assembly lines – or “sewbots” – according to a new report from the International Labour Organisation (ILO). ...

A stunning rise in the value of construction projects approved by the government in the first half of the year could be a sign that developers have found a willing ally in the newly appointed minister of land management, who has pushed through hundreds of ...

រThe plan to attract two million Chinese tourists by 2020 will succeed, the tourism minister said yesterday during an MoU signing ceremony with the Confucius Institute of the Royal Academy of Cambodia. ...

Land prices in central Phnom Penh’s Tonle Bassac and Boeung Keng Kang (BKK) districts remained stable in the first half of the year due to overdevelopment and a slowdown in new investments, according to research by a local real estate agent. ...

The labor dispute between workers and employers at the Aerosoft Summit Footwear factory in Battambang province’s Sampov Laun district is still raging due to the company’s refusal to allow workers back to the factory at the provincial governor’s request. ...

Provincial police seized a large quantity of liquid detergent from an unauthorized chemical manufacturer in Sihanoukville’s capital yesterday. ...

The rapid growth of tourism has resulted in the parallel growth of tourist facilities, Tourism Minister Thong Khun said yesterday. ...

A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...

Local industry experts responded yesterday to a new report that warns the majority of Cambodia’s garment sector workers could lose their jobs in the coming two decades as automation and innovative technologies replace low-skilled labour and allow multinational producers to move their operations closer to ...

The Cambodia Property Awards is back for a second year to reward the best developers, projects and designs in the Kingdom. Those impressive developments will be highlighted at the second annual Cambodia Property Awards 2017, the biggest and most exclusive awards program in the country that ...

Some 13,730 condominium units were sold in Phnom Penh in the first half of this year compared to 13,050 units in the same period last year representing an approximate five percent increase in sales, according to figures from a real estate company. However, insiders believe ...

Pan-Asian gaming company Entertainment Gaming Asia Inc (EGA) will sell 670 of its electronic gaming machine (EGM) seats placed at NagaWorld casino in Phnom Penh to an unnamed Cambodian firm for $2.5 million, the Nasdaq-listed company announced on Wednesday. ...