Industries

New International Airport in Siem Reap province project 90 percent complete

Construction of the Angkor Siem Reap International Airport is now 90 percent complete as the construction firm is accelerating its work so that the official launch can be held as planned in October. ...

Khmer Times Staff
https://www.khmertimeskh.com/501264311/new-international-airport-in-siem-reap-province-project-90-percent-complete/

New sub-decree tightens regulations on garment industry sub-contractors

Cambodia will prepare a sub-decree improving existing labour mechanisms by adding detailed procedures, permanent management mechanisms, responsibilities for relevant companies, especially sub-subcontractors, as Cambodia seeks to ensure the prevention of the use of forced labour. ...

Van Socheata
https://www.phnompenhpost.com/business/new-sub-decree-tightens-regulations-garment-industry-sub-contractors

Chinese investors returning: Cambodia should learn the lesson of money laundering risks

The real estate industry in Cambodia has been identified as a high-risk sector for money laundering due to a number of factors. In recent years, the industry has experienced substantial growth, which has attracted foreign investors, particularly from China. This has led to a substantial influx ...

Manghout Ki
https://cambodianess.com/article/chinese-investors-returning-cambodia-should-learn-the-lesson-of-money-laundering-risks

Foreign tourist arrivals generated $1.4 billion in 2022

Cambodia welcomed 2.28 million foreign tourists last year, injecting $1.4 billion to the national economy. The Ministry of Tourism’s report showed that the revenue had an increase of 667 percent compared to 2021. ...

Khmer Times Staff
https://www.khmertimeskh.com/501257327/foreign-tourist-arrivals-generated-1-4-billion-in-2022/

Cambodia pins hopes on China-Laos Railway to help boost tourism, says minister

Cambodian Minister of Tourism Thong Khon said on Tuesday that he hoped the China-Laos Railway would help bring more international tourists to the kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501255451/cambodia-pins-hopes-on-china-laos-railway-to-help-boost-tourism-says-minister/

Cambodia’s exports 8 percent down in first two months, commerce ministry wants to reassure

Cambodia sees a fall in exports in the first two months of 2023, down 8.6 percent compared to the same period last year. It is, however, not a worrying sign, the Commerce Ministry said. ...

Teng Yalirozy
https://cambodianess.com/article/cambodias-exports-8-percent-down-in-first-two-months-commerce-ministry-wants-to-reassure

Cambodia and Laos pledge to boost bilateral cooperation on tourism

The Kingdom of Cambodia and the Lao People’s Democratic Republic (Lao PDR) will boost their bilateral cooperation in tourism sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501254707/cambodia-and-laos-pledge-to-boost-bilateral-cooperation-on-tourism/

2023 is a pivotal year for Cambodia to attract more foreign tourists

Cambodia views 2023 as a pivotal year for attracting more foreign tourists. After the devastating impacts of the Covid-19 outbreak, the year should considerably assist Cambodia in overcoming the crisis that has enveloped the tourism sector, which is regarded one of the four pillars on ...

Khmer Times Staff
https://www.khmertimeskh.com/501254657/2023-is-a-pivotal-year-for-cambodia-to-attract-more-foreign-tourists/

Job loss fears as GFT exports decline by 25 percent in February

Cambodia’s exports of garments, footwear and travel (GFT) goods declined by nearly 25 percent in February 2023, compared to the same period in 2022, continuing a trend that started nearly six months ago raising fears of factory closures and job losses. ...

Manoj Mathew
https://www.khmertimeskh.com/501253565/job-loss-fears-as-gft-exports-decline-by-25-percent-in-february/

Int’l tourism receipts rocket nearly eightfold to over $1.4B

International tourism receipts clocked in at $1.415 billion last year, marking a 7.690-fold increase over $184 million in 2021, albeit still a 71.2 per cent decrease from 2019’s record $4.919 billion, according to the Ministry of Tourism’s Tourism Indicators 2022 report. ...

https://www.phnompenhpost.com/business/intl-tourism-receipts-rocket-nearly-eightfold-over-14b

Cambodia is banking on series of major sporting activities to draw tourists

Cambodia is pushing sports tourism as part of its Visit Cambodia Year 2023 campaign as it gears up to host the Southeast Asian Games (SEA Games) for the first time in May. ...

Khmer Times Staff
https://www.khmertimeskh.com/501253326/cambodias-is-banking-on-series-of-major-sporting-activities-to-draw-tourists/

PM: Factory workers on suspension get support

Prime Minister Hun Sen has officially announced that the government will provide cash assistance to over 32,000 workers in the textile-related sectors whose employment has been suspended due to a reduction in purchasing orders, or whose factories have ceased operations. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/pm-factory-workers-suspension-get-support

Cambodia’s apparel exports to Japan grow further in 2022 to more than $1.2 billion

Cambodia’s apparel exports to Japan have continued to grow for the second consecutive year in 2022, despite a dip in shipments in 2020 due to the COVID-19 pandemic. In 2022, the shipment increased to $1,201.698 million after a recovery in 2021. Notably, the exports recorded ...

Khmer Times Staff
https://www.khmertimeskh.com/501252053/cambodias-apparel-exports-to-japan-grow-further-in-2022-to-more-than-1-2-billion/

Cambodia promotes tourism at world’s leading travel trade show

BERLIN, GERMANY: A delegation from Cambodia’s Ministry of Tourism is at one of the world’s largest travel trade shows, ITB Berlin, to drive business from Europe into the country. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-promotes-tourism-at-worlds-leading-travel-trade-show

Cambodia welcomes 1st Chinese flight, tourists to Siem Reap

Cambodia has welcomed the resumption of China Eastern Airlines flights to its Siem Reap cultural province, the country’s Ministry of Tourism said in a press statement on Saturday. ...

Cambodianess staff
https://cambodianess.com/article/cambodia-welcomes-1st-chinese-flight-tourists-to-siem-reap

900% jump in foreign tourists visiting Angkor last month

The Angkor Foundation has stated that almost 80,000 international tourists bought Angkor and Koh Ker tickets last month month – generating more than $ 3 million in ticket sales compared to 2022, an increase of more than 900% . ...

Khmer Times Staff
https://www.khmertimeskh.com/501248959/900-jump-in-foreign-tourists-visiting-angkor-last-month/

Cambodia gears up to host Mekong Tourism Forum

About 150 tourism leaders from across the Greater Mekong Region will gather in Sihanoukville for this year’s Mekong Tourism Forum, hosted by Cambodia ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-gears-up-to-host-mekong-tourism-forum

Cambodia’s manufacturing output reaches $15 billion in 2022

Cambodia’s manufacturing output hit $15.8 billion in 2022, a remarkable increase of 83 percent year on year, the Ministry of Industry, Science, Technology and Innovation (MISTI)’s report showed on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501247369/cambodias-manufacturing-output-reaches-15-billion-in-2022/

CDC unveils 27 projects in Jan-Feb

The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-unveils-27-projects-jan-feb

PM Hun Sen urges attention to boost tourism

Prime Minister Hun Sen yesterday called on all stakeholders to pay high attention and do their best to boost the country’s tourism sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501246669/pm-hun-sen-urges-attention-to-boost-tourism/

Final cash support for Siem Reap tourism workers

The Ministry of Labour and Vocational Training will make the final cash support payment to 129 tourism workers in Siem Reap province whose employment contracts were suspended due to the Covid-19 pandemic. ...

Chea Sokny
https://www.phnompenhpost.com/national/final-cash-support-siem-reap-tourism-workers

PM Hun Sen urges attention to boost tourism

Prime Minister Hun Sen yesterday called on all stakeholders to pay high attention and do their best to boost the country’s tourism sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501246669/pm-hun-sen-urges-attention-to-boost-tourism/

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