Industries

‘Build Plus 3D’ tourism action plan highlights five strategies to revive sector

Newly-minted Minister of Tourism Sok Soken is implementing a new tourism strategy and action plan called “BUILD Plus 3Ds” to propel tourism development in Cambodia after being hit hard by Covid-19, and further compounded by the ongoing Russia-Ukraine war, which is impacting travel expenditure. ...

May Kunmakara
https://www.phnompenhpost.com/business/build-plus-3d-tourism-action-plan-highlights-five-strategies-revive-sector

Australia partners agri-food strategy

Cambodia and Australia inaugurated a new Food Innovation Partnership on September 22, aimed at assisting agri-food small and medium-sized enterprises (SMEs) in developing products that meet food safety standards and broadening their market reach. ...

Sok Raksa
https://www.phnompenhpost.com/business/australia-partners-agri-food-strategy

Cambodia and Australia launch food innovation partnership to support agri-food SMEs

Cambodia and Australia launched a new Food Innovation Partnership to support Cambodia’s agri-food small and medium-sized enterprises (SMEs) to develop new products, meet food safety standards, and improve their market reach. ...

Khmer Times Staff
https://www.khmertimeskh.com/501366475/cambodia-and-australia-launch-food-innovation-partnership-to-support-agri-food-smes/

Angkor Wat Autumnal Equinox 2023

Every year, the Equinox occurs twice: the Vernal Equinox in March and the Autumnal Equinox in September. ...

Khmer Times Staff​
https://www.khmertimeskh.com/501365038/angkor-wat-autumnal-equinox-2023/

Autumn equinox over Angkor showcases ‘ancestors wisdom’

The autumnal equinox will occur this year on September 23. The phenomenon, which signifies an equal duration of day and night due to the Earth’s position in its orbit around the sun, happens twice a year in September and March. At these times, the sun ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/autumn-equinox-over-angkor-showcases-ancestors-wisdom

Sluggish industry growth affects Cambodia’s economic outlook as improved tourism recovery expected to boost Cambodian exports

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

Khmer Times Staff
https://www.khmertimeskh.com/501363717/sluggish-industry-growth-affects-cambodias-economic-outlook-as-improved-tourism-recovery-expected-to-boost-cambodian-exports/

Cambodia’s garment sector struggles with external headwinds: AMRO

Cambodia is seeing a notable recovery in its economy with a strong bounce back in the service sectors. However, the manufacturing sector, primarily the garment industry, finds itself grappling with external pressures. ...

Khmer Times Staff
https://www.khmertimeskh.com/501363482/cambodias-garment-sector-struggles-with-external-headwinds-amro/

CDC approves $34.6 million worth of investment projects

Six new investment projects with a total capital of $34.6 million have been approved by the Council for the Development of Cambodia (CDC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501361374/cdc-approves-34-6-million-worth-of-investment-projects/

Ministry, WCS collaborate on ecotourism potential

Minister of Environment Eang Sophalleth stated that the ministry is carefully pursuing the implementation of ecotourism as its primary focus. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/ministry-wcs-collaborate-ecotourism-potential

Ministry, WCS collaborate on ecotourism potential

Minister of Environment Eang Sophalleth stated that the ministry is carefully pursuing the implementation of ecotourism as its primary focus. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/ministry-wcs-collaborate-ecotourism-potential

MoT’s ‘100-day strategy’ plans to attract 5 million int’l tourists

The Ministry of Tourism has set a new strategy known as ‘BUILD plus 3Ds’ to attract more international tourists and ensure the target set by the new government to achieve at least five million international travellers into the Kingdom by the end of this year. ...

Nheng Chamrong
https://www.khmertimeskh.com/501358563/mots-100-day-strategy-plans-to-attract-5-million-intl-tourists/

Hun Sen suggests two key sectors for Japanese investors

Hun Sen, President of the Supreme Privy Council of His Majesty the King, has encouraged the Japanese investors to invest in Cambodia’s two key areas, including the establishment of factories for raw material processing, and advanced technology such as car assembly plants, production of electronic ...

Khmer Times Staff
https://www.khmertimeskh.com/501360042/hun-sen-suggests-two-key-sectors-for-japanese-investors/

Bangladesh, Pakistan, Cambodia, Vietnam face $65 billion apparel export hit from extreme weather

Extreme heat and flooding could erase $65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders and Cornell University showed on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501360053/bangladesh-pakistan-cambodia-vietnam-face-65-billion-apparel-export-hit-from-extreme-weather/

International airports welcome 3.4M passengers in eight months

International airports in Phnom Penh, Siem Reap and Sihanoukville welcomed a combined 3.4 million passengers in the eight-month period of this year, a staggering 180 percent increase over the same period in 2022, a senior official at the State Secretariat of Civil Aviation said. ...

Chea Vanyuth
https://www.khmertimeskh.com/501358752/international-airports-welcome-3-4m-passengers-in-eight-months/

GFT exports decline 19% in Jan-Aug

Cambodia’s exports of garments, footwear and travel goods (GFT) continue to decline with the January to August period showing a setback of 19.28 percent, compared to the performance of the sector during the same period last year. ...

Manoj Mathew
https://www.khmertimeskh.com/501358748/gft-exports-decline-19-in-jan-aug/

Cambodia records 180 percent rise in air passengers in first eight months

Cambodia registered 3.4 million air travelers during the first eight months of 2023, a year-on-year increase of 180 percent, said a report released by the State Secretariat of Civil Aviation on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501358488/cambodia-records-180-percent-rise-in-air-passengers-in-first-eight-months/

Ministry of Tourism introduces six points to improve the quality of tourism products on the occasion of Pchum Ben

The Ministry of Tourism has introduced six points to the Capital-Provincial Department of Tourism to improve the quality of tourism products on the occasion of the traditional Pchum Ben festival on October 13-14-15, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501356703/ministry-of-tourism-introduces-six-points-to-improve-the-quality-of-tourism-products-on-the-occasion-of-pchum-ben/

Restoration team shows commitment to restoring ancient temples using traditional techniques

The restoration team shows commitment to restoring ancient temples using traditional techniques, said the APSAR National Authority in a news release yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501355642/restoration-team-shows-commitment-to-restoring-ancient-temples-using-traditional-techniques/

Only $54M of SME Bank’s $150M tourism loans taken

Loans worth $54.2 million were approved by state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) for 350 businesses under the Tourism Recovery Co-Financing Scheme (TRCS) as of August 31, 2023. ...

Hin Pisei
https://phnompenhpost.com/business/only-54m-sme-banks-150m-tourism-loans-taken

Next minimum wage talks set for Sep 11

The National Council on Minimum Wage (NCMW) has set September 11 as the date for its next gathering to discuss setting the 2024 minimum income for workers in the textile, garment, footwear, travel goods and bag sectors. ...

Van Socheata
https://phnompenhpost.com/national/next-minimum-wage-talks-set-sep-11

Angkor park sees growth in foreign ticket sales of $23M from Jan-Aug

According to Angkor Enterprise, 498,513 foreign tourists visited the park, which is an increase of 350.9 per cent from the same period in 2022, pushing up ticket revenue by 420 per cent year-on-year to $23.1 million. ...

Hin Pisei
https://phnompenhpost.com/business/angkor-park-sees-growth-foreign-ticket-sales-23m-jan-aug

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