Industries

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

Cambodia, Slovakia hold 1st talk to discuss bilateral ties, int'l matters

The first consultative meeting between Cambodia and Slovakia was held here [Phnom Penh] on Tuesday to discuss ways to promote bilateral ties and exchange views on regional and international issues. The meeting was co-chaired by Cambodian Secretary of State for Foreign Ministry Ouch Borith and the ...

http://news.xinhuanet.com/english/world/2013-04/09/c_132295754.htm

Tourism not competitive

Cambodia ranks last in travel and tourism competitiveness among eight Southeast Asian countries, according to a recently published study by the World Economic Forum. The Travel and Tourism Competitiveness Report 2013, which excluded Laos and Myanmar, said Cambodia comes 106th out of 140 countries this year, ...

http://www.phnompenhpost.com/2013040964952/Business/tourism-not-competitive.html

Cambodia, Colombia ink deal for political consultation mechanism

Cambodia and Colombia on Monday signed a Memorandum of Understanding for the establishment of a political consultation mechanism in order to strengthen the bilateral relations and cooperation. The deal was inked between Ouch Borith, Secretary of State of Cambodian Ministry of Foreign Affairs, and Patti Londono, ...

http://news.xinhuanet.com/english/world/2013-04/08/c_132292534.htm

Cambodia Airports Comes Under Attack by a Former Executive

Philippe Laurent became secretary-general of Cambodia Airports in May 2008. He was one of six senior executives in charge of the country’s international airports in Phnom Penh, Siem Reap and the little-used facility in Sihanoukville. Mr. Laurent is now carrying out a one-man campaign against ...

http://www.cambodiadaily.com/selected-features/cambodia-airports-comes-under-attack-17727/

Koh Rong airport plans foggy

Plans are in place for a new $10 million international airport on Koh Rong island, but questions remain as to when construction would commence and when funding would be available. Designs for the roughly 7,200-square-metre airport terminal, which will consist of Khmer- and resort-style architecture, were ...

http://www.phnompenhpost.com/2013040564911/Business/koh-rong-airport-plans-foggy.html

Korean tourist numbers hold steady despite regional fears

Despite current tensions between North and South Korea, Cambodia’s tourism minister said yesterday that the number of tourists from South Korea to the Kingdom had not dropped. [Minister of Tourism Thong] Khong said that so far there appears to be nothing to worry about. “There are ...

http://www.phnompenhpost.com/2013040464878/Business/korean-tourist-numbers-hold-steady-despite-regional-fears.html

Hun Sen wants more Australian investors

The Prime Minister appealed Wednesday to Australian investors to increase their investments in Cambodia, especially in the agriculture and the tourism sectors. The comments were made during a meeting with the outgoing Australian Ambassador to Cambodia, Penny Richards, at the Peace Palace. He said, because of ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzFhMzAxN2QzNDZ

Sihanoukville Runs Dry During Water Crisis

A water shortage in the tourist town of Sihanoukville has led authorities to advise scores of businesses to dig their own wells as only 50 percent of local demand is currently being met after high temperatures dried up the water supplier’s only reservoir. On March ...

http://www.cambodiadaily.com/news/sihanoukville-runs-dry-during-water-crisis-16609/

Cambodia's economy to grow by 7 pct in 2013: finance minister

Cambodia’s economy is projected to grow by 7 percent this year, Deputy Prime Minister and Finance Minister Keat Chhon said Friday. He said the growth still is contributed by garment exports, tourism, agriculture, real estate and construction. Last year, Cambodia’s GDP per capita was nearly 1,000 ...

http://news.xinhuanet.com/english/business/2013-03/29/c_132271714.htm

Tax revenue sees a 27 per cent jump

The Kingdom’s tax revenue increased 27.85 per cent in the first two months compared to a year earlier, a figure the opposition party said is low due to corruption and tax cheats. According to the data from the General Department of Taxation (GDT), total tax revenue ...

http://www.phnompenhpost.com/2013032864735/Business/tax-revenue-sees-a-27-per-cent-jump.html

China's Nanning City officials visit Cambodia to promote tourism ties

A group of about 20 officials and tourism-related business owners from Nanning City, capital of south China’s Guangxi Zhuang Autonomous Region, is visiting Cambodia to broaden bilateral relations and cooperation in tourism. The delegation is led by Yang Min, Nanning’s vice mayor. On Tuesday, the group ...

http://english.peopledaily.com.cn/90883/8183679.html

Cambodian Vtrust plans CSX floating

Local real estate company Vtrust Property Group plans to engage an underwriter in as little as two years to help it list on the Cambodia Stock Exchange, the company’s chairman, Kuy Vat, said yesterday. The company is now preparing the necessary documents on its business, corporate ...

http://www.phnompenhpost.com/2013032764710/Business/cambodian-vtrust-plans-csx-floating.html

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