Industries
Footwear kicks in as factory exports surge 17 percent
The total value of exports from the garment, footwear and other factories rose 17 percent year on year to $7.1 billion last year, according to a report from Ministry of Industry and Handicraft released yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/20849/footwear-kicks-in-as-factory-exports-surge-17-percent/
Meet Cambodia’s first 'real estate personality of the year'
Having managed various businesses in Cambodia for more than two decades now, Rithy Sear has earned a reputation for being ambitious, and rightly so. ...
Property Report Team
http://www.property-report.com/meet-rithi-sear-cambodias-first-real-estate-personality-of-the-year/
Japanese condo developer unfazed by concerns of oversupply
Despite warnings that an oversupply of luxury condominiums is imminent due to the number of new projects being built, a leading Japanese investor in the property sector in Cambodia says the market remains very attractive because two decades of strong economic growth are fuelling demand ...
May Kunmakara
http://www.khmertimeskh.com/news/20716/japanese-condo-developer-unfazed-by-concerns-of-oversupply/
New tourism strategy to focus on Chinese market
A new five-year plan is being drafted to woo more Chinese tourists to the Kingdom, following a surge in visitors from the world’s most populous nation, Tourism Minister Thong Khon said yesterday. /Sum Manet ...
Sum Manet
http://www.khmertimeskh.com/news/20580/new-tourism-strategy-to-focus-on-chinese-market/
Kratie sees surge in visitors as tourists rush northeast
Cambodia’s tourism industry is expanding beyond the iconic temples of Siem Reap and its white-sand beaches to the country’s little-explored northeast, with domestic tourists leading the surge, provincial data showed yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/20534/kratie-sees-surge-in-visitors-as-tourists-rush-northeast/
Tourist arrivals rise, but short of estimate
An estimated 4.8 million tourists visited Cambodia in 2015, up 6 percent from the 4.5 million visitors last year, Ministry of Tourism Undersecretary of State Top Sopheak said on Sunday. ...
Kang Sothear and Ben Paviour
https://www.cambodiadaily.com/news/tourist-arrivals-rise-but-short-of-estimate-106269/
‘Legend island’ draws $1 billion tourism project
About $1 billion will be invested to transform Koh Tang – “Legend Island” – into a luxury destination for domestic and international tourists, with resorts, hotels, a theme park, golf course and airport, executives said at the signing ceremony for a memorandum of understand (MoU) ...
Sok Chan
http://www.khmertimeskh.com/news/20484/---legend-island----draws--1-billion-tourism-project/
New report spotlights hidden workforce behind global brands
Global brands rely on a hidden workforce within their supply chains to avoid responsibility for poor working conditions and abuse, according to a new report from the International Trade Union Confederation. ...
Aria Danaparamita
https://www.cambodiadaily.com/news/new-report-spotlights-hidden-workforce-behind-global-brands-105909/
Kingdom’s three airports to see passenger traffic take off
Passenger traffic at all three of Cambodia’s international airports is expected to grow this year despite the economic slowdown in Asia’s biggest economy, which could see many Chinese tourists tightening their belt. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kingdoms-three-airports-see-passenger-traffic-take
Tourism still invigorating Siem Reap property market
Land prices in Siem Reap town are continuing to climb due the province’s robust tourism industry, realtors say. ...
Sum Manet
http://www.khmertimeskh.com/news/19951/tourism-still-invigorating-siem-reap-property-market/
Approved construction investments up 30 per cent in 2015
Investment in the construction industry in 2015 amounted to $3.3 billion – a 33.14 per cent increase from the same period in 2014, which was only $2.5 billion.Seng Lot, spokesperson for the Ministry of Land Management, Urban Planning and Construction (MLMUPC) said on Tuesday that ...
Siv Meng
http://www.phnompenhpost.com/real-estate/approved-construction-investments-30-cent-2015
First VIP lounge opens at airport
A new VIP lounge was officially opened yesterday by Plaza Premium Group in the departure area of Phnom Penh International Airport, with the Hong Kong-based company saying it invested nearly $2 million in the lounge. ...
Sok Chan
http://www.khmertimeskh.com/news/19746/first-vip-lounge-opens-at-airport/
Approved construction projects’ value soars
The value of construction projects approved by the government in 2015 increased by 33 percent to about $3.33 billion compared to the previous year, according to a government report obtained on Sunday. ...
Kang Sothear
https://www.cambodiadaily.com/news/104943-104943/
Railway denies report of new passenger train service
Royal Railway on Sunday refuted a state media report that commercial passenger train service between Phnom Penh and Sihanoukville was imminent. ...
Zsombor Peter
https://www.cambodiadaily.com/author/zsombor-peter/
Work begins on new Cambodian circus location
Work was underway on Friday to erect the big top of Phare, The Cambodian Circus, at its new location on the outskirts of Siem Reap City. ...
Michelle Vachon
https://www.cambodiadaily.com/news/work-begins-on-new-cambodian-circus-location-104891/
Sino plaza marks first step abroad for CCSCE
China State Construction Engineering’s plan to spend $240 million to construct a four-building project called Sino Plaza as part of its strategy to move into rapidly growing Southeast Asia, realtors said. ...
Sum Mane
http://www.khmertimeskh.com/news/19592/sino-plaza-marks-first-step-abroad-for-ccsce/
Duty-free shop follows tourism surge on coast
The new duty-free shop opened by China Duty Free Group (CDFG) in Sihanoukville will have a major impact on development of the tourism industry in the coastal resort, a senior provincial official said yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/news/19469/duty-free-shop-follows-tourism-surge-on-coast/
New player joins busy telecom market
Starting today, Kingtel, a new internet and telecom service provider, will offer internet services to customers, with the company expected to launch call services within the next few months. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/new-player-joins-busy-telecom-market
Government takes over reins of Angkor ticket sales
The Cambodian government officially took charge of the ticket sales at the Angkor Archeological Park on January 1, after Prime Minster Hun Sen announced in November an end to the Sok Kong-owned Sokimex’s control of the service. ...
Sor Chandara
http://www.phnompenhpost.com/business/government-takes-over-reins-angkor-ticket-sales
Cambodians filling majority of hotel rooms this New Year’s
As the year-end festivities get into high gear, provincial tourism officials are reporting a sharp increase in Cambodians travelling to popular holiday spots across the country to ring in the New Year.The temple town of Siem Reap this year is seeing an increase in hotel ...
Sor Chandara and Cheng Sokhorng
http://www.phnompenhpost.com/business/cambodians-filling-majority-hotel-rooms-new-years
Apsara authority pumping water into Angkor ponds
Keeping up appearances, Apsara Authority’s water management team has begun pumping water into the drying ponds around the Angkor temple complex. ...
Naomi Collett Ritz
http://www.khmertimeskh.com/news/19241/apsara-authority-pumping-water-into-angkor-ponds/
Nearly 150 garment, footwear factories in Cambodia close down in 2015
Nearly 150 garment and footwear factories in Cambodia have shut down this year, while more than 50 new ones opened, local media reported on Monday, citing a report of the Commerce Ministry. ...
Global Post News Staff
http://www.globalpost.com/article/6711677/2015/12/27/nearly-150-garment-footwear-factories-cambodia-close-down-2015
Angkor Thom restoration complete
Major restoration works have been completed at the former seat of power of the Angkorian civilisation, Angkor Thom, following damage inflicted to the site by Typhoon Nesat in 2011. ...
Zoe Holman
http://www.phnompenhpost.com/national/angkor-thom-restoration-complete
Coastal developments add new niche to property market
With the recent groundbreaking of the luxury Royal Sands residential project on Koh Rong by a Cambodian conglomerate Royal Group and two major luxury condominium projects being developed on or near the shoreline of Sihanoukville, real-estate agents say a new chapter has begun in the ...
May Kunmakara and Vincent MacIsaac
http://www.khmertimeskh.com/news/19116/coastal-developments-add-new-niche-to-property-market/