Industries

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 ...

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. ...

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. ...

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. ...

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. ...

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. ...

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 ...

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). ...

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 ...

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 ...

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. ...

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. ...

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. ...

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. ...

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. ...

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 ...