Industries

Tourism

Cambodia Carrier on Track with New Flights

Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...

http://www.phnompenhpost.com/2013060466030/Business/cambodia-carrier-on-track-with-new-flights.html

Hun Sen Tells Landowners in Kep to Obey Tax Law

Prime Minister Hun Sen on Wednesday told landowners in the coastal province of Kep to pay their taxes on unused land and increase the amount of investment in the area to attract more visitors. According to the law, unused land is subject to a 2 percent ...

http://www.cambodiadaily.com/business/hun-sen-tells-landowners-in-kep-to-obey-tax-law-26172/

Tourist arrivals up 18 per cent

International tourist arrivals soared nearly 18 per cent in the first quarter in this year compared to the same period the year before, according to data from the Ministry of Tourism. The ministry’s official statistics report showed that Cambodia received 1,172,072 tourists in three-month period, compared ...

http://www.phnompenhpost.com/2013052365790/Business/tourist-arrivals-up-18-per-cent.html

Ministers sign deals to bolster trust

Thailand and Cambodia have signed four new agreements focused on bolstering trust and maintaining security. Defence Minister Sukumpol Suwanatat made the announcement after the 9th GBC meeting at Wangjuntr Golf Park in Rayong’s Wang Chan district. He said one of the four agreements concerned the spread of ...

http://www.bangkokpost.com/news/local/350635/ministers-sign-deals-to-bolster-trust

Tonle Sap Airlines suspends its flights

Local charter carrier Tonle Sap Airlines has suspended flights until June, in what appears to be the latest of a series of disruptions affecting the airline, which has also recently encountered financial turbulence. The airline, which operates chartered flights from Siem Reap to China, Taipei, and ...

http://www.phnompenhpost.com/2013050965498/Business/tonle-sap-airlines-suspends-its-flights.html

Cambodia enjoys travel growth

Cambodia’s tourist arrivals registered a 19.9% growth in February according to the country’s statistics and tourist Information Department. The country welcomed 385,760 visits compared to 321,870 during the same month in 2012. Released by the Ministry of Tourism, Monday, data showed neighbouring Vietnam was the top supplier ...

http://www.ttrweekly.com/site/2013/05/cambodia-enjoys-travel-growth/

Cambodia, Bangladesh ink visa exemption deal for diplomatic, official passport holders

Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...

http://news.xinhuanet.com/english/world/2013-05/03/c_132357925.htm

Ministry: election won’t hurt tourist numbers

While tourism in Cambodia has historically slowed in advance of general elections, tourism leaders in the government and private sector have said they expect this year’s July elections to have little impact on tourist arrivals.  Tourism numbers dipped by 10.9 per cent for the 2003 ...

http://www.phnompenhpost.com/2013050665415/Business/ministry-election-won-t-hurt-tourist-numbers.html

World Bank revises 2013 growth figures

The World Bank has revised its growth prediction for Cambodia upwards to 7 per cent for 2013, from its January prediction of 6.7 per cent, a revision it attributes to the performance of the Kingdom’s agriculture, tourism and garment sectors. Cambodia’s outlook is generally positive, according ...

http://www.phnompenhpost.com/2013042965287/Business/world-bank-revises-2013-growth-figures.html

New CAA Fleet To Take Flight

Cambodia Angkor Air (CAA) intends to acquire seven more planes by 2015, more than doubling its existing fleet of five, as the airline plans new routes in the next few years to China, South Korea, Hong Kong and India. The plan was unveiled at an industry ...

http://www.phnompenhpost.com/2013042665258/Business/new-caa-fleet-to-take-flight.html

Luxury tourism slowly on the rise

A helicopter flight tour to Preah Vihear is just one part of the 10-day Cambodia Immersion for Millionaires Tour launched this week. The cost per person? $25,000. According to Christopher Gramsch, sales manager for organiser Khiri Travel Cambodia, there is increasing demand among high-spending travellers and ...

http://www.phnompenhpost.com/2013042565220/Business/luxury-tourism-slowly-on-the-rise.html

Gaming Asia opens new club

Entertainment Gaming Asia will open up it’s second Dreamworld Club in Cambodia in the Thai-Cambodia border town of Poipet, in  Banteay Meanchey province,  according to a media release from the US-listed company on Monday. ...

http://www.phnompenhpost.com/2013042565219/Business/gaming-asia-opens-new-club.html

Poipet Casino Grand Opening set for Next Month

U.S. listed gambling firm Entertainment Gaming Asia Inc. (EGA) will next month hold a grand opening for its second casino on the Thai-Cambodia border, the company said. In a statement issued on Monday from Hong Kong, it said that Dreamworld Club in Poipet, which has been ...

http://www.cambodiadaily.com/business/poipet-casino-grand-opening-set-for-next-month-19965/

Cambodia's Angkor heritage site greets 694,700 foreign visitors in Q1, up 8 pct

Cambodia’s Angkor Wat temples, one of the world heritage sites, received 694,700 foreign tourists in the first quarter of this year, a 8 percent rise from the same period last year, the statistics of Siem Reap provincial tourism department showed Friday. The top three countries visiting ...

http://www.globaltimes.cn/content/776163.shtml#.UXSX56Kj2xA

World Bank upgrades Cambodia's growth forecast for this year

The World Bank upgraded Monday its GDP growth forecast for Cambodia to 7.0 percent for this year, up 0.3 of a percentage point from its last projection in December. “In Cambodia, a likely stabilization in high-income country conditions should support further improvements in garment production and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjcxMzgzNzA1NWR

Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB

Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...

http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm

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