Industries

National silk board planned

A national silk board (NSB) under the Ministry of Commerce is being planned to weave tighter regulations into the Kingdom’s silk industry, the lack of which has deterred investors and hurt its export potential, according to industry representatives. Minister of Commerce Cham Prasidh said last week ...

http://www.phnompenhpost.com/2013060366008/Business/national-silk-board-planned.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

Standards Building Up Safety Fears

When a 100-metre-long section of a Phnom Penh garment factory crumpled in on itself like a cheap pup tent, Sen Sok district officials promised an investigation. The results of that investigation, which was to have taken place more than a year ago, in March 2012, ...

http://www.phnompenhpost.com/2013052265780/National/standards-building-up-safety-fears.html

Factory Dining Hall Collapses in Phnom Penh; 23 injured

The dining hall of a garment factory in Phnom Penh’s Meanchey district that supplies clothes to U.S. brand Gap collapsed into a pond Monday, injuring more than 20 workers who were eating lunch, workers and officials said. The hall, which is part of Top World Garment ...

http://www.cambodiadaily.com/news/factory-dining-hall-collapses-in-phnom%E2%80%88penh-23-injured-25558/

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

Hun Sen Orders Toxic Ice Factory Shut Down

Prime Minister Hun Sen said Saturday that he had ordered a Phnom Penh ice-making factory to shut down, after pungent chemical emissions from the plant in Russei Keo district caused more than 100 nearby residents to be hospitalized with breathing problems on Friday. At least 20 ...

http://www.cambodiadaily.com/news/hun-sen-orders-toxic-ice-factory-shut-down-23617/

Boost For Animal Healthcare

Cambodia’s promising animal feed sector will soon see support from a big pharmaceutical manufacturer which is now studying local demand for animal healthcare – a nearly untapped market. “We intend to introduce animal health business in Cambodia for our farm products and feed mills,” Khalid Baig, ...

http://www.phnompenhpost.com/2013051365566/Business/boost-for-animal-healthcare.html

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

New Kampot Salt Farm Has Big Ambitions

TOEK CHHOU DISTRICT, Kampot province – A donor-backed project launched here on Saturday aims to produce Cambodia’s first export-quality sea salt and invigorate the struggling local salt industry. In a ceremony among Kampot’s vast fields of coastal saltpans and low levees, company representatives from Asia Salt ...

http://www.cambodiadaily.com/business/new-kampot-salt-farm-has-big-ambitions-20505/

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

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