Industries
Tourism
Economy to grow by 7 percent in 2018: IMF
According to the latest forecast from the International Monetary Fund (IMF), Cambodia economy will grow by 7 percent this year on the back of higher public spending and steady growth in construction and tourism. The IMF’s forecast is slightly higher than the figure released by the ...
May Kunmakara
http://www.khmertimeskh.com/50114978/economy-to-grow-by-7-percent-in-2018-imf/
Businesses in Sihanoukville told to clean up
Preah Sihanouk provincial authorities and relevant departments have asked businesses and tour operators in Sihanoukville to enhance the city’s beauty and prevent sewage from flowing into the sea, while warning of administrative measures for those failing to comply. A notice concerning order at Ochheuteal Beach was ...
Pech Sotheary
http://www.khmertimeskh.com/50110699/businesses-sihanoukville-told-clean/
Tourists up 54 percent in Chinese New Year
The number of tourists, local and international, traveling in Cambodia during the three-day Chinese New Year holiday increased by 54.5 percent in 2018, reaching 864,770, according to a report released yesterday by the Ministry of Tourism. ...
Sum Manet
http://www.khmertimeskh.com/50109672/tourists-54-percent-chinese-new-year/
Tourism sector worth $3.6 billion in 2017
Cambodia’s tourism sector earned $3.63 billion in revenue last year, an increase of 13.3 percent, according to the latest figures from the Ministry of Tourism. Last year, international travellers visiting the kingdom spent 5.6 million, 11.8 percent more than in 2016, according to Kong Sophearak, ...
Chea Vannak
http://www.khmertimeskh.com/50108419/tourism-sector-worth-3-6-billion-2017/
Development plans for Koh Rong and nearby islands unchanged by marine park
Businesses expect the establishment of Cambodia’s first marine national park covering seven coastal islands to boost tourism in the area, while government officials said yesterday it would not affect private development scheduled for the islands. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/development-plans-koh-rong-and-nearby-islands-unchanged-marine-park
Commentary: Cambodia can no longer depend on old drivers of growth
After it graduated from least developed country status in July 2016, Cambodia’s economy has remained healthy with a GDP growth rate of 6.9 per cent in 2017. This was driven by the recovering tourism sector, the ongoing construction boom and the gradual emergence of non-textile ...
Heng Pheakdey
https://www.channelnewsasia.com/news/asiapacific/commentary-cambodia-can-no-longer-depend-on-old-drivers-of-9918992
Japan consular office launches in Siem Reap
A Japanese consular office yesterday opened in Siem Reap town in a ceremony attended by Japanese and Cambodian dignitaries. Attending the events were Sieng Nam, CPP lawmaker for Siem Reap province, Chhay Sinarith, deputy National Police commissioner, and Nakane Kazuyuki, the Japanese Minister of Foreign Affairs. ...
Pav Suy
http://www.khmertimeskh.com/50104958/japan-consular-office-launches-in-siem-reap/
Sihanoukville ranks amongst the top global holiday destinations for 2018
The New York Times has released their starter kit for escaping into the world – their renowned list of the “52 best places to go in the world”. The beaches of Sihanoukville ranked at number 13 on the list amongst other top destinations such as ...
Realestate.com.kh
http://www.khmertimeskh.com/50102547/sihanoukville-ranks-amongst-the-top-global-holiday-destinations-for-2018/
Tourism pushing up land prices in Siem Reap
Land prices in Siem Reap town increased slightly last year compared with the previous year, thanks to the growing strength of the tourism industry, according to insiders. The provincial capital saw prices rise about five percent in residential areas in 2017 and about 10 percent ...
Sum Manet
http://www.khmertimeskh.com/50102545/tourism-pushing-up/
Kampong Cham tourist site planned
More than 5,000 sugar palm trees will be planted at an ancient historical site in Kampong Cham province’s Srei Santhor district in an effort to turn the area into a tourist attraction. ...
Khy Sovuthy
http://www.khmertimeskh.com/50102520/kampong-cham-tourist-site-planned/
Kampot’s seaport to break ground in March
With the bidding process for the project coming to an end, the construction of a new seaport for tourist vessels in Kampot will begin in March, a representative of Kampot’s tourism department told Khmer Times. ...
Sum Manet
http://www.khmertimeskh.com/50102228/kampots-seaport-to-break-ground-in-march/
Angkor ticket sales earns $107 million
The Angkor Archeological Park, which include the famed Unesco-listed Angkor temples, earned income from entry tickets of $107.9 million in 2017, a 72.5 percent increase compared with the year before. ...
Chea Vannak
http://www.khmertimeskh.com/5099220/angkor-ticket-sales-earns-107-million/
The wonder of Banteay Chhmar
While Angkor Wat is world-famous, only a handful of hardy travellers know of the existence of the Banteay Chhmar temple, an impressive complex located some 20 kilometres from the Cambodian border with Thailand. ...
Khmer Times
http://www.khmertimeskh.com/95988/the-wonder-of-banteay-chhmar/
Kingdom on track for good 2018, says AMRO
Cambodia’s economic growth is expected to remain stable this year and the next, but structural reforms and a rebalancing of the budget is critical in the medium term to sustain economic growth, the Asean+3 Macroeconomic Research Office (AMRO) said yesterday in a report. ...
Kali Kotoski
http://www.phnompenhpost.com/business/kingdom-track-good-2018-says-amro
Big trouble in little China? Exploring Chinese investment in Sihanoukville
The coastal city of Sihanoukville is undergoing a massive transformation. Once perceived as a seedy haunt for lethargic backpackers and expats, a flood of Chinese tourists and investors has begun to alter the landscape by setting up everything from gaudy casinos to towering luxury resorts ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/post-depth-business/big-trouble-little-china-0
Plans shown for eco-resort in Siem Reap
Luxury hotel developer Song Saa Resorts has unveiled a plan to transform 400 hectares of land in the Banteay Srei district of Siem Reap province into an eco-tourism resort with an initial investment of $3 million, according to a release on the Ministry of Environment’s ...
Hor Kimsay
http://www.phnompenhpost.com/business/plans-shown-eco-resort-siem-reap
Direct flight boosts Japanese tourists
The first direct flight between Japan and Cambodia, which launched last year, has bumped up the number of Japanese tourists visiting the kingdom, helping the government edge closer to its goal of attracting 300,000 tourists from the East Asian nation by 2020, according to the ...
Chea Vannak
http://www.khmertimeskh.com/5090326/direct-flight-boosts-japanese-tourists/
Hun Sen gives nod to creation of ecotourism task force
Prime Minister Hun Sen approved the establishment of a new interministerial task force yesterday that will work to develop and manage community-based ecotourism locations in a bid to find sustainable ways to draw tourists to destinations across the Kingdom. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/hun-sen-gives-nod-creation-ecotourism-task-force
Hopes stay sunny for yearly tourist draw numbers
Foreign tourist arrivals to the Kingdom have gone up during the first nine months of this year, reaching roughly 3.9 million to represent a year-on-year increase of 11.5 percent, according to data released by the Ministry of Tourism yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/hopes-stay-sunny-yearly-tourist-draw-numbers
Tourism working group created
The government has set up an inter-ministerial working group for the management and development of tourism and ecotourism. ...
Pech Sotheary
http://www.khmertimeskh.com/5089314/tourism-working-group-created/
Ancient skulls see light of day
Two human skulls more than 3,000 years old have gone on display in a museum for the first time since their discovery in Siem Reap province more than 10 years ago. ...
Mom Kunthear
http://www.khmertimeskh.com/5088196/ancient-skulls-see-light-day/
Minister lays out Sihanoukville tourism plans
The Ministry of Tourism (MoT) has announced plans to strengthen the image of Sihanoukville’s coast as a tourism destination, with authorities expecting the province to surpass the two-million mark in tourist arrivals in 2017. ...
Sum Manet
http://www.khmertimeskh.com/5088047/minister-lays-sihanoukville-tourism-plans/
Cambodia's famed Angkor earns nearly 76 mln USD in 9 months
Revenue from ticket sales to foreigners visiting Cambodia’s Angkor archaeological park hit 75.7 million U.S. dollars in the first nine months of 2017, up 70 percent compared to the same period last year, according to a press release on Sunday. ...
Yurou
http://news.xinhuanet.com/english/2017-10/01/c_136653210.htm
PM wants to boost tourism
The government through the Ministry of Tourism is set to give a major boost to the country’s tourism sector to bolster the economy, said Prime Minister Hun Sen yesterday. ...
Sok Chan
http://www.khmertimeskh.com/5083858/pm-wants-boost-tourism/