Industries
Manufacturers seek help to upgrade products for export to ASEAN
Local manufacturers are calling for government support to help them make their products meet quality standards set by other members of ASEAN – standards they say will be the major barrier to access the regional market as the ASEAN Economic Community (AEC) kicks off at ...
Industry largely bullish on AEC integration
Government and business representatives continue to remain optimistic about Cambodia’s prospects after the ASEAN Economic Community integration next year, saying that the Kingdom had upped production levels and strengthened quality measures to remain competitive in the region. ...
Sor Chandara
http://www.phnompenhpost.com/business/industry-largely-bullish-aec-integration
Koh Rong development moves forward
A ceremony here on Saturday, attended by some of the country’s most powerful officials, laid out Royal Group’s $30 million plan to develop Koh Rong’s previously pristine Sok San beach into a luxury resort, complete with houses, piers, hotels and facilities for helicopters. ...
Jack Laurenson
http://www.khmertimeskh.com/news/18759/koh-rong-development-moves-forw-ard/
Nagacorp could bid on Cyprus casino licence
Nagacorp Ltd, the parent company of NagaWorld, Cambodia’s biggest casino, is expected to bid on a licence to operate the first casino resort in Cyprus, according to a media report from the Mediterranean island. ...
Post Staff
http://www.phnompenhpost.com/business/nagacorp-could-bid-cyprus-casino-licence
Cambodia to gain as Adidas pivots from China
Adidas, one of the country’s biggest garment buyers, says it will expand production in Cambodia over the next five years as part of its pivot away from China to lower-cost producers in Southeast Asia. ...
Zsombor Peter
https://www.cambodiadaily.com/news/cambodia-to-gain-as-adidas-pivots-from-china-103163/
Sea festival nets $15M for Kampot economy
This year’s Sea Festival, held for the first time in Kampot last weekend, attracted over 300,000 visitors and generated more than $15 million in revenue for the local community, tourism minister Thong Khon said yesterday. ...
Sor Chandara
http://www.phnompenhpost.com/business/sea-festival-nets-15m-kampot-economy
Second port plans to list on bourse
The largest port in the Kingdom, Sihanoukville Autonomous Port, will list on the Cambodia Securities Exchange (CSX) in the first half of next year, its director general Lou Kim Chhun said yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/news/18656/second-port-plans-to-list-on-bourse/
Koh Rong projects ‘will not bring pain’, DPM says
Deputy Prime Minister Sar Kheng has sought to reassure residents of Koh Rong, an island off the coast of Preah Sihanouk province that has been leased to a local tycoon, that they would not be adversely affected by planned development projects. ...
Sen David
http://www.phnompenhpost.com/national/koh-rong-projects-will-not-bring-pain-dpm-says
Royal Group set to build hotel on Koh Rong
The Royal Group, in partnership with a Thailand-based Swiss investor, will build a 148-room five-star hotel on Preah Sihanouk’s Koh Rong island, with the group having completed a ground-breaking ceremony on Saturday. ...
Kun Kourchettana
http://www.phnompenhpost.com/business/royal-group-set-build-hotel-koh-rong
Hotel boom leaves hospitality sector with an empty feeling
As the number of boutique hotels rises rapidly in Phnom Penh, hoteliers say they have seen their occupancy rates drop this year due to the increased offerings – as well as the economic downturn in Europe and terrorism scares in the region. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/hotel-boom-leaves-hospitality-sector-empty-feeling
Cambodia to gain as Adidas pivots from china
Adidas, one of the country’s biggest garment buyers, says it will expand production in Cambodia over the next five years as part of its pivot away from China to lower-cost producers in Southeast Asia. ...
Zsombor Peter
https://www.cambodiadaily.com/news/cambodia-to-gain-as-adidas-pivots-from-china-103163/
Garment sector weighs new reforms
Garment and footwear industry stakeholders yesterday converged in Phnom Penh to discuss how to develop the sector to be sustainable and competitive.Run by the French Development Agency (AFD), the textiles conference at the capital’s Sunway Hotel heard that improving employees’ living and working standards, and ...
Shaun Turton
http://www.phnompenhpost.com/national/garment-sector-weighs-new-reforms
Temple revenues rise slightly
Revenue from ticket sales for foreign visitors to the Angkor Wat temple complex rose slightly in the first 11 months of this year to $53.5 million, a 1.15 percent rise over the same period last year, the government agency that manages Angkor Archaeological Park said ...
May Kunmakara
http://www.khmertimeskh.com/news/18477/temple-revenues-rise-slightly/
Chip Mong unit signs $262 deal for cement plant
A unit of domestic conglomerate Chip Mong Group, Chip Mong Insee Cement, has signed a partnership agreement with China’s CITIC Heavy Industries Co. Ltd. to build a $262 million cement plant in Kampot province, with construction slated to start next year. ...
May Kunmakara
http://www.khmertimeskh.com/news/18395/chip-mong-unit-signs--262-deal-for-cement-plant/
CITIC wins $262m contract for building cement plant in Cambodia
China’s leading cement equipment manufacturer and service provider CITIC Heavy Industries Company on Saturday secured an engineering, procurement and construction (EPC) contract from a Cambodian conglomerate to build a $262 million cement plant in Cambodia. ...
Xinhua News Staff
http://www.chinadaily.com.cn/business/2015-12/05/content_22636890.htm
Cambodia's TV ad promotes "code of conduct" for Angkor Wat tourists
Cambodia on Friday released a TV spot to promote the “code of conduct” for tourists visiting the famed Angkor Wat Temple in northwestern Siem Reap province. ...
eTurboNews Staff
http://www.eturbonews.com/66607/cambodias-tv-ad-promotes-code-conduct-angkor-wat-tourists
Residents angry over canal wall collapse
Residents living next to a sewage canal in Chomchao commune are concerned about their safety after the walls containing the canal and the ground around it began to collapse when contractors began work on a nearby construction site. ...
Chea Takihiro
http://www.khmertimeskh.com/news/18259/residents-angry-over-canal-wall-collapse/
Firm vows to finish building gold tower 42
The South Korean company behind the long-stalled Gold Tower 42 has again promised to resume construction on the $240-million skyscraper in Phnom Penh, telling officials from the Ministry of Land Management that work would proceed this month and wrap up in 2018. ...
Kang Sothear and Anthony Jensen
https://www.cambodiadaily.com/news/firm-vows-to-finish-building-gold-tower-42-101703/
Government imposes new rules for photos in Angkor park
Camera-wielding visitors to the iconic temples of the Angkor Archaeological Park in Siem Reap province will have to take extra care before clicking away now that the government has imposed new rules—effective immediately—for anyone aiming to make money off of their images. ...
Aun Pheap
https://www.cambodiadaily.com/news/government-imposes-new-rules-for-photos-in-angkor-park-101693/
Kampong Speu garment workers continue strike
Protesting working conditions, nearly 300 garment workers in Kampong Speu’s Chbar Mon town entered their tenth day of strikes yesterday as the Arbitration Council prepared paperwork to resolve the dispute. ...
Pech Sotheary
http://www.phnompenhpost.com/national/kampong-speu-garment-workers-continue-strike
Gov't denies factory closure rumours
The Ministry of Labour has urged the arrest of the “mastermind” behind an apparently spurious rumour spreading across shop floors that garment factories would close their doors for the entire month of December. ...
Mom Kunthear
http://www.phnompenhpost.com/national/govt-denies-factory-closure-rumours
Cambodia in two weeks
Infrastructure in Cambodia is not as well developed as in neighbouring Thailand and Vietnam, and floods and poor roads make travel challenging during the monsoon season, from May to October, but cheap frequent bus services, a good domestic airline and easygoing locals make travelling here ...
Myanmar Times News Staff
http://www.mmtimes.com/index.php/lifestyle/travel/17871-cambodia-in-two-weeks.html
Star Vegas casino turns profit as VIPs chip in
A new VIP gambling room at the Star Vegas Resort and Club casino in Poipet raked in nearly $700,000 in revenue during its first full month of operation, its management announced yesterday.Joey Lim, managing director of Australian casino operator Donaco International Ltd, said the new ...
Cam McGrath
http://www.phnompenhpost.com/business/star-vegas-casino-turns-profit-vips-chip
For festival, any water will do
This year’s subdued Water Festival festivities in the capital, where traditional boat races were cancelled, has resulted in a bump in tourism in the provinces as Cambodians use the three-day holiday to visit their families, enjoy cultural activities and lounge on beaches.“It was unusually quiet ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/festival-any-water-will-do