Industries

Tourism

IMF: Cambodia’s economy expected to grow 7 pct in 2012

The International Monetary Fund (IMF) predicted Tuesday that Cambodia’s economy could grow as high as 7 percent this year, 0.8 percentage points higher than its April’s forecast of 6.2 percent. Speaking in a meeting with Cambodian Deputy Prime Minister Sok An, IMF’s Chief of Mission to ...

http://www.nzweek.com/world/imf-cambodias-economy-expected-to-grow-7-pct-in-2012-8368/

Kenya eyes Cambodia's rice and flight sectors

Cambodia’s Deputy Prime Ministerand Ambassador of Kenyadiscussedan initiative to connect Phnom Penh and Nairobi through a direct flight to boost tourism and economic activities as well as the conclusion of a rice export deal ...

http://www.etmcambodia.com/viewlatestnews.php?newsid=85

Dai Fishing Targeted in Mekong Conservation Zone

Fisheries Administration patrols increased on the Mekong River in Kratie and Stung Treng provinces to prevent fishermen from using dai fishing methods as the seasonal fish migration period begins. However, the Fisheries Action Coalition Team (FACT), an umbrella group of national and international organizations, said the ...

New Ministry decree aims at tourist safety

A Ministry of Tourism official said they would finalize an inter-ministerial prakas before the end of this year to enhance tourists’ safety, as previous fatal accidents have led to concerns in the tourism sector. Tith Chantha, general director of tourism at the Ministry of Tourism, said task force officials, affiliated with Tourism ...

http://www.phnompenhpost.com/index.php/2012092858981/Business/new-ministry-decree-aims-at-tourist-safety.html

Kenya wants flights and rice imports

The Ambassador of African country Kenya, Richard Titus Ekai, told Deputy Prime Minister Sok An on Wednesday that he would like to see direct flights between Phnom Penh and Nairobi. Sok An met Kenyan Ambassador Ekai at his office to discuss the initiative regarding direct flights ...

http://www.phnompenhpost.com/index.php/2012092858983/Business/phnom-penh-nairobi-connection-to-boost-the-economy.html

Hunters and Hunted

Unable to effectively police the Cardamoms alone, the Cambodian government partners itself with several international NGOs. The forests directly north of Highway 48 arc patrolled with the help of Wildlife Alliance. Beginning in 2002 with two ranger stations, Wildlife Alliance now operates six outposts in the ...

Foreign tourists to Cambodia likely to reach 3.3 million in 2012: PM

Cambodia is expected to receive 3.3 million foreign tourists this year, a 15 percent rise year-on-year, Prime Minister Hun Sen said Thursday. “The country’s cultural and eco-tourism has seen remarkable development, there is steady growth from year to year,” he said in a message to mark ...

http://news.xinhuanet.com/english/world/2012-09/27/c_131876653.htm

Thailand News: Failure to join CLMV could cost millions

Thailand has to revise its strategy concerning a regional single visa scheme, or it could lose millions of tourists to neighboring countries, which are kicking off the “CLMV Single Visa” next year without the Kingdom’s participation. Five countries – Thailand, Laos, Vietnam, Cambodia and Myanmar – ...

http://www.phuketgazette.net/thailandnews/2012/Thailand-News-Failure-to-join-CLMV-could-cost-millions-18014.html

Cambodia's Angkor Wat Temple attracts 1.36 mln foreign visitors in 8 months, up 31%

About 1.36 million international tourists visited Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, in the first eight months of this year, a 31 percent rise compared with 1.04 million during the same period last year, a report of Siem Reap provincial tourism ...

http://news.xinhuanet.com/english/culture/2012-09/26/c_131874967.htm

Training needed for tourist industry

Representatives of Cambodia’s booming tourism industry yesterday called on the Asian Development Bank to provide funding for workforce training in the sector. During the meeting at the Cambodia Chamber of Commerce, tour operator Ho Vandy, who also co-chairs the Tourism Working Group in the Government-Private Sector Forum, said representatives ...

http://www.phnompenhpost.com/index.php/2012092658915/Business/training-needed-for-tourist-industry.html

Poipet Casino Dragging Feet on Promise

A casino in Poipet that pays wages only in Thai baht is yet to fulfil its promise to improve conditions for its 500 workers, a union representative said yesterday. Workers are still working 12­-hour days – often without a break – at the Tropicana Casino, one ...

http://www.phnompenhpost.com/index.php/2012092558900/National-news/poipet-casino-drags-feet-on-promise.html

Dolphin drawcard

In an effort to boost tourist numbers, the Ministry of Tourism will host an eco-tourism seminar in the northeastern provinces to showcase its main attraction, the Irrawaddy dolphins of the Mekong River. Thong Khon, Minister of Tourism, said last week that officials attempted to hold the eco-tourism seminar ...

http://www.phnompenhpost.com/index.php/2012092458861/Business/dolphin-drawcard.html

Number of outbound travelers jumps

The number of Cambodian outbound travelers increased by 27 percent to 445,020 in the first seven months of this year from 357,050 during the same period last year, according to data from the Tourism Ministry. Ang Kim Eang, president of the Cambodia Association of Travel Agents, ...

http://etmcambodia.com

‘Tourism, Dynamic Area In Economic Sector’

Rita O’ Sullivan, ADB Country Director Tourism is a dynamic component in the economic sector. In the Greater Mekong Sub Region – Thailand, Myanmar, Laos and Cambodia – bound together by the Mekong River, the tourism industry is a driving force, says Rita O’ Sullivan, ...

http://www.thesundayleader.lk/2012/09/23/tourism-dynamic-area-in-economic-sector/

Hun Sen Says Shootings, Traffic Accidents Threaten Tourism

Gun violence and fatal traffic accidents are hurting the government’s efforts to boost tourism, Prime Minister Hun Sen said yesterday, urging local authorities to take action-even against the powerful. Mr. Hun Sen also said the government has earmarked sites for two new international airports to cater to ...

Phnom Penh to get new airport

Prime Minister Hun Sen announced yesterday that Cambodia is going to build a new international airport in Phnom Penh, in response to the rising number of passengers received every year. The Kingdom is expected to get seven million tourists a year by 2020. The initial concept ...

http://www.phnompenhpost.com/index.php/2012092158838/Business/phnom-penhs-second-airport-takes-off.html

Cambodian PM targets 7 million tourists by 2020

Prime Minister Hun Sen says Cambodia can earn $5 billion a year from tourists by more than doubling foreign visitors to 7 million by 2020. Hun Sen told a tourism seminar Thursday that Cambodia would need to improve the quality of services and infrastructure for ...

http://www.newsday.com/news/world/cambodian-pm-targets-7-million-tourists-by-2020-1.4021006

Bad weather affects border trade, seafood prices

Thailand’s border trade at Chanthaburi has dropped by half due to the heavy rain in many eastern provinces, while erratic changes of weather in the southern provinces has caused the increased price of seafood. Thai-Cambodian Business and Tourism Association vice chairman Sombat Juengtrakul said that ...

http://www.pattayamail.com/business/bad-weather-affects-border-trade-seafood-prices-16869

Cambodia, Laos, Myanmar and Vietnam cooperate in developing tourism

Cambodia, Laos, Myanmar and Vietnam, which form the Mekong Sub-Region agreed last week in Ho Chi Minh City to implement a single visa among themselves. Thailand could even join the scheme At a conference aimed at promoting tourism in the region, ministers of tourism from Cambodia, ...

http://www.traveldailynews.asia/news/article/50439/cambodia-laos-myanmar-and-vietnam

As tourism grows, so do questions about sustainability

While tourism officials are pleased about the healthy growth of tourism in Cambodia, the influx of visitors might not be so healthy for the Kingdom’s main attraction-the temple complex of Angkor Wat near Siem Reap. New figures from the Siem Reap tourist office show that about ...

http://etmcambodia.com

A new push for tourism cooperation

With the aim of attracting 25 million international visitors from 2013 to 2015 to Cambodia, Laos, Myanmar and Vietnam (CVLM) the respective ministers of tourism pushed for greater cooperation in developing the region’s tourism sector on Friday,  according to the Vietnamese Communist Party official news ...

http://www.phnompenhpost.com/index.php/2012091758749/Business/new-push-for-tourism-cooperation.html

Cambodia records US$1.51-B trade deficit in 7 months

Cambodia reported a trade deficit of 34% in equivalent to US$1.51-B in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday. During January-July period this year, the country’s total import and export value was US$7.45-B, up 15% from US$6.47-B at ...

http://www.livetradingnews.com/cambodia-records-us1-51-b-trade-deficit-in-7-months-85827.htm

Cambodia, Seychelles Sign Visa Exemption Accord

Cambodia and Seychelles have signed a visa exemption agreement, according to government-run news agency Agence Kampuchea Presse (AKP). Long Visalo, secretary of state at the Foreign Ministry, and the Seychellois ambassador to Cambodia, Philippe Le Gal, signed the agreement on Friday, according to AKP. The Seychelles Nation ...

Myanmar Airways Suspends Flights to Cambodia

Myanmar Airways has temporarily suspended direct flights from Rangoon to Siem Reap and Phnom Penh due to low passenger numbers, an official at the State Secretariat of Civil Aviation (SSCA) said yesterday. “We don’t know how long they will suspend operations, but when they get ...

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