Industries

Tourism

Chinatown location still unknown

Historic O’Russey Market will not be the location of a planned Chinatown development, according to Cambodia’s Tourism Minister. Tourism Minister Thong Khon said the government was looking for another site for the tourism-focused development and that O’Russey Market was not under consideration, as had recently been ...

Post Staff
http://www.phnompenhpost.com/real-estate/chinatown-location-still-unknown

Snake Island plans back to the drawing board

A development company with a government concession for a high-end property project on the island of Koh Pos, also known as Snake Island, has announced that it will significantly alter its original plans for the project. The new plan, which must first be submitted for ...

Siv Meng
http://www.phnompenhpost.com/real-estate/snake-island-plans-back-drawing-board

Tourists flock to beaches, temples

While the streets of Phnom Penh were quiet this holiday period after the Water Festival was cancelled, numbers swelled in the provinces as tourists flocked to Cambodia’s temples and beaches, provincial officials said yesterday. Chhoeuy Chhorn, director of the Siem Reap Provincial Tourism Department, said Angkor ...

Chan Muy Hong
http://www.phnompenhpost.com/business/tourists-flock-beaches-temples

Tourism drives Cambodia’s growth

Growth in tourism is the key driver that is pushing up the value of Cambodia’s service sector, according to the Asian Development Bank report released last week. But to reach its full potential the country still needs to harness resources and tackle the problems that are ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2013/11/tourism-drives-cambodias-growth/

Factory Ordered To Hire Back Union Leaders After Violent Protest

The government has ordered the SL Garment factory to rehire 19 worker representatives, following a brutal crackdown on demonstrators outside the home of Prime Minister Hun Sen last week. In a letter to the company, Khun Chinken, undersecretary of state for the Ministry of Labor, said ...

Kong Sothanarith
http://www.voacambodia.com/content/factory-ordered-to-hire-back-union-leaders-after-violent-protest/1792644.html

Thirteen Arrested for Illegal Online Gambling

Nine South Koreans and four Cambodian nationals allegedly participating in an illegal gambling operation in Siem Reap City were sent to the provincial court for questioning Monday, police officials said. The suspects were arrested Saturday night along with 21 Cambodian women when police raided an illegal ...

Saing Soenthrith
http://www.cambodiadaily.com/news/thirteen-arrested-for-illegal-online-gambling-47277/

IMF Predicts Country’s Economy to Grow 7%

The International Monetary Fund (IMF) on Friday said it expects Cambodia’s economy to grow by 7 percent this year, fueled mostly by the garment, tourism and construction sectors, though risks such as extreme weather and labor market instabilities could cause growth to fluctuate. The IMF also ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/imf-predicts-countrys-economy-to-grow-7-47117/

Koh Russey Resort to exhibit in Hong Kong

Cambodia’s Koh Russey Resort development project is aiming to attract large foreign investment by exhibiting in Hong Kong. The resort will showcase its properties and facilities at an exhibition from November 29 until December 1, according to the real estate company CBRE. Expert staff of all departments ...

Moeun Nhean
http://www.phnompenhpost.com/real-estate/koh-russey-resort-exhibit-hong-kong

Cambodia's service sector encouraging, but reforms needed: ADB

Cambodia is benefiting from a steadily growing service sector, but it needs to clear a number of obstacles to harness the sector’s potential, said a new Asian Development Bank (ADB) report released on Tuesday. The report, entitled Developing the Service Sector as an Engine of Growth ...

Global Times News Staff
http://www.globaltimes.cn/content/824334.shtml#.UoLkAHCBlmM

Mondulkiri elephant row continues

An Eco-tourism initiative in Mondulkiri province will remain open for daytime visits only for the time being, after authorities heard from officials at the Elephant Valley Project (EVP) and locals who complain the NGO siphons tourism money. EVP officials met with people who filed complaints with ...

Sean Teehan and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/mondulkiri-elephant-row-continues

At Preah Vihear, tourists undeterred

Not even the imminent threat of war could quell tourists’ appetite for historical sites – at least at Cambodia’s Preah Vihear temple, which was the subject of a highly contentious ruling at the International Court of Justice yesterday. While government figures show that local tourism to ...

Stuart White and May Titthara
http://www.phnompenhpost.com/business/preah-vihear-tourists-undeterred

Preah Vihear temple: Disputed land Cambodian, court rules

Cambodia should have sovereignty over disputed land around the Preah Vihear temple on the border with Thailand, the UN’s highest court has ruled. The International Court of Justice in the Hague said Thailand must withdraw any soldiers from the area. Cambodia sought a clarification of the ...

BBC News Staff
http://www.bbc.co.uk/news/world-asia-24897805

Cambodia’s tourism soars

Cambodia’s tourist arrivals registered a 16.9% growth in September according to the country’s statistics and tourist Information department. The country attracted 283,787 visits compared to 242,747 during the same month in 2012. Released by the Ministry of Tourism, late last week, data showed the percentage ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2013/11/cambodias-tourism-soars/

Eco-tourists made to leave

An eco-tourism initiative in Mondulkiri hit a snag this week when authorities asked management to vacate overnight guests while provincial officials determine whether the project is properly licensed to operate a guesthouse. Guests of the Elephant Valley Project (EVP), which is located in a Forestry Administration ...

Sean Teehan and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/eco-tourists-made-leave

Don’t bet on elections

The house always wins, except when there’s a disputed election scaring gamblers away from the tables. That’s the message from Entertainment Gaming Asia Inc, which operates casinos in Poipet town and Pailin province as well as supplying NagaWorld casino with slot machines. According to the company, Cambodia’s ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/don%E2%80%99t-bet-elections

Clearing at tourist site ‘Confused’

Ratanakkiri’s deputy provincial governor called local authorities and community representatives last week to explain the alleged deforestation of eight hectars of preserved land around the Ou’Sinlair waterfall. Situated in Lumphat district, Ou’Sinlair is a popular eco-tourism destination in the province. But logging over the years has ...

Phak Seangly
http://www.phnompenhpost.com/national/waterfall-worries-clearing-tourist-site-%E2%80%98confused%E2%80%99

National Park Near Preah Vihear Temple To Be Closed

The national park near the ancient Khmer Hindu temple of Preah Vihear will be closed from Monday, eight days before the International Court of Justice (ICJ) issues its ruling on disputed land, located near the temple, contested by Thailand and Cambodia. The closure, which would ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=990656

Cambodia sees slowdown in new business numbers in 9 months

The Cambodian Ministry of Commerce said Friday that it had granted operating licenses to 2, 223 new companies in the first nine months of 2013, down 14.6 percent compared with 2,606 new firms over the same period last year. From January to September this year, the ...

Global Times News Staff
http://www.globaltimes.cn/content/821915.shtml#.UnZHp_lgd8E

Trade With Indonesia up but Logistics a Hurdle

Trade and tourism between Indonesia and Cambodia is growing but the two countries can still increase cooperation in those fields, according to participants in the 7th Indonesian Trade and Tourism Promotion exhibition on Phnom Penh’s Koh Pich on Sunday. The sale of Indonesian pharmaceuticals, food products ...

George Styllis
http://www.cambodiadaily.com/business/trade-with-indonesia-up-but-logistics-a-hurdle-46146/

Cambodian parliament chief hails excellent ties with China

Cambodian President of the National Assembly Heng Samrin on Monday expressed his satisfactions with China-Cambodia relations and cooperation and vowed to further enhance for the benefits of the two countries and peoples. He made the remarks during a meeting with Lei Yulan, vice- chairwoman of the ...

Xinhua
http://www.asean-china-center.org/english/2013-10/29/c_132841698.htm

Thai-Cambodian border trade still normal

Despite the disputed territory near Phra Viharn Temple, Thai-Cambodian border trade is still normal as 150,000 billion baht cash flow is expected by the end of 2013. According to the Thai Chamber of Commerce (TCC), border trade along the disputed area around Phra Viharn Temple ...

Thailand National News Bureau Staff
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5610270010002

Sofitel Phnom Penh Wins 2nd Place in Awards

The Sofitel Phnom Penh Phokeethra has won second place among the 25 best hotels of Southeast Asia in the 2013 Readers’ Choice Awards of the prestigious Conde Nast Traveler publication, which also named Siem Reap City as one of the “Top 10 Cities in Asia.” Charles-Henri ...

Michelle Vachon
http://www.cambodiadaily.com/business/sofitel-phnom-penh-wins-2nd-place-in%E2%80%88awards-45706/

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