Industries

The International Business Chamber of Cambodia (IBS) on Friday took a step to formulate industry-wide construction standards by signing a memorandum of understanding with the UK’s Royal Institute of Chartered Surveyors (RICS), an accreditation agency that monitors quality and safety across the property market.  ...

The Indian government is giving about $4 million to conserve the Preah Vihear temple complex, according to Foreign Ministry spokesman Chum Sounry. ...

The Garment Manufacturers Association in Cambodia says unions and their demands for higher wages are rattling the country’s industry and could lead to a decline in buyers, factories and jobs. ...

In accordance with an agreement made between Small Planet Airlines and Sky Angkor, the two airlines will cooperate flying tourists to Siem Reap in Cambodia from Chinese and South Korean cities for at least five years. Sky Angkor is the South Korean and Cambodian capital ...

Commercial developers are fast expanding supply in Cambodia on hopes for greater Asian demand, but the property market’s shaky fundamentals could still keep investors away. ...

Cambodia has earned nearly US$40 million from foreign tourists who visited Angkor Wat in the first eight months of this year, according to a report released Friday. ...

Employing some 700,000 Cambodians, the garment sector is the country’s largest private employer. But move above the factory floor and you will find mostly foreigners, from countries such as China, Singapore, Bangladesh, Sri Lanka and the Philippines. ...

Commercial occupancy rates stayed almost flat in the first half of this year, with vacancy rates seeing only a marginal decline, according to a new semi-annual report from property consultancy firm Knight Frank. ...

The Garment Manufacturers Association in Cambodia wants to build a special school to improve Cambodian workers’ skills and make the country more competitive, but labor leaders say if the school is not provided for free, it won’t work. ...

The Asian Development Bank (ADB) has received a complaint from 22 Cambodians who say the lender is falling short in its efforts to fix the mistakes it has made in planning and carrying out its ongoing rehabilitation of the country’s dilapidated railway tracks. ...

Foreign diplomats this week have called for increased vigilance and caution on Cambodia’s coast, partcularly in places such as Sihanoukville, Koh Rong and Kampot, following a spike in serious crimes against foreigners. ...

Teho International, developer of the $500 million “The Bay” real estate project in Phnom Penh, reported $5.3 million in losses for the year ending June 2015, in part due to marketing and promotional activities relating to the Cambodian project. ...

Cambodia will this week host a regional seminar on the Unesco convention for the protection of cultural heritage during armed conflicts. ...

Although land prices have been cooling throughout Asean, Cambodia remains an exception – but that is not expected to last much longer, analysts say. ...

In search of Cambodia’s next economic growth driver, the government yesterday laid out the Cambodia Industrial Development Policy 2015-2025, which aims to expand the Kingdom’s narrow industrial base beyond garments and rice.The new policy, launched by Prime Minister Hun Sen at the Peace Palace in ...

Border police in Tbong Khmum’s Memot district near the Cambodian-Vietnamese border seized more than 900 cases of top-shelf booze on Sunday after a truck tried to smuggle in a large chunk without paying tax, police confirmed yesterday. ...

Cambodia, Thailand and Vietnam are conducting ongoing discussions on the creation of a Southern Tourism Corridor, which would promote tour packages across the southern provinces of the three countries, giving a boost to tourism across the region. ...

The global stock market tumble may take the wind out of Cambodia’s property sector, but should have muted effects on the rest of the economy, analysts said yesterday. ...

Foreign visitors to the Preah Vihear Temple increased by 25 per cent for the first six months of the year, as compared to the same period last year, while local visitor arrivals dropped for the same period, according to Ministry of Tourism statistics. ...

Thailand’s largest cement producer, Siam Cement Group (SCG), plans to invest up to $300 million to increase its production capacity in Cambodia over the next five years in a bid to take advantage of booming domestic demand, a company official said Monday. ...

Japan and the five Southeast Asian countries bordering the Mekong River adopted a blueprint Monday to boost industrialization in the subregion.​ It aims to boost the combined gross domestic product of the grouping to $4.7 trillion by 2020. ASEAN’s combined GDP is currently estimated at ...

Industrial technology companies from across Asia expect garment manufacturers to turn to mechanization as a way to supplement human labor power in Cambodia. ...

About 15 years ago, French archaeologist Christophe Pottier found two skeletons while excavating the site of the 8th-century Prey Khmeng temple in Siem Reap province, and was looking for an expert to do a preliminary study on them. ...

Coca-Cola held the ground-breaking ceremony for its new $100 million production facility at the Phnom Penh Special Economic Zone yesterday, which when completed in 2016 will double the beverage behemoth’s Cambodian output over the next six years.The new facility, which was announced last November after ...