Industries

Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...

Property prices in Phnom Penh are rising for the first time since 2009, growing by as much as 10 percent in some areas of the capital during the first quarter of the year, real estate experts said yesterday. After years of stagnation in the property sector ...

Entertainment Gaming Asia Inc. (EGA), announced Monday that it will break ground Thursday on a new $7.5 million Slot Hall casino in Poipet province along the Thai border, EGA said in a statement. The casino will open by the end of the year with 300 gaming ...

The Ministry of Tourism will shift its focus to ecotourism development in the Kingdom’s northeast after efforts to promote travel to Cambodia’s coastline proved successful. ...

Chea Sokheng, general director of Arizon Group Ltd, a potential investor in Cambodia’s education and real estate sectors, said that investment in education is a main contributor to developing human resources and growth of the national economy. Though he mentioned the opportunity to invest in the ...

Entertainment Gaming Asia Inc, which today will launch its Dreamworld Casino in Pailin, also will break ground on a slot hall project in Poipet, near the Thai border, on Thursday, according to a company statement.   ...

Entertainment Gaming Asia, an American Stock Exchange-listed company with a regional presence in both Cambodia and the Philippines, will launch its Dreamworld Casino in Pailin province on Wednesday, according to a company statement. ...

PHNOM PENH: Cambodia is trying to boost the tourism industry after its contribution to economic growth and offering job creation as ASEAN economic integration 2015 is moving and the free flow of workforce mobilization has been needed to help ensure steady growth. Cambodia’s tourism sector, in 2011, offered 350,000 direct jobs and millions of ...

Kampot officials are looking to the Bokor Mountain Resort, a US$1 billion project that opens today, to drive tourism growth in the burgeoning seaside destination. The provincial Tourism Department said the number of domestic visitors to Kampot had risen 120 per cent to 338,000 in the ...

Vietnamese tourists ranked top among foreign visitors to Cambodia in the first three months this year. According to data released by the Cambodian Tourism Ministry, 179,000 Vietnamese tourists visited Cambodia from January to March, accounting for 18 per cent of total foreign arrivals. ...

Kampot Port Co will break ground on a Kampot port in September, company officials said yesterday. The port will be an important part of a long-delayed Kampot Special Economic Zone (KSEZ), which is hoped to revitalise trade and commerce in the province. Vinh Huor, president of the ...

Japan, the most experienced country in the industrial sector, has cooperated with Cambodia, aiming at enhancing Cambodia’s industrial policy better to attract more investments, especially the Japanese investors who have kept an eye out on Cambodia over the last several years. The workshop under the theme: Towards the Cambodia’s Industrial Policy, was conducted On April ...

International tourist arrivals to Cambodia increased nearly 28 per cent during the first quarter of the year compared with the corresponding period of 2011, Ministry of Tourism data shows. The country drew more than 995,000 tourists from abroad during the three-month period, up from 778,467 a year earlier, ...

In an effort to make up for the low salt yield this year caused by unexpected rainfall during the dry season, farmers in salt-producing Kep and Kampot provinces said yesterday that they would try to continue harvesting the mineral for another month even though the ...

Industries such as tourism and garment production are booming. Mining is taking off and the Cambodian Stock Exchange (CSX) is finally up and running after a 10-month delay with Phnom Penh Water Supply (PPWS) its first listing. “PPWS is considered one of the best managed state ...

Slow demand for office space in Phnom Penh is leaving the owners of high-rise buildings constructed in recent years struggling to find clients, according to real estate experts. But construction of the Vattanac Capital Tower, a $150 million, 36-story building slated to open its first ...

About 1.8 million Cambodians traveled to the coastal and northeastern provinces to celebrate Khmer New Year, a 50 percent increase compared with last year, Tourism Minister Thong Khon said yesterday. Mr Khon said Cambodians are starting to seek out other vacation spots besides the coastal provinces ...

Unless Cambodian exporters find new routes to China, a proposed doubling of bilateral trade to US$5 billion by 2017 would mean little more than increased Chinese goods and investment flooding into the Kingdom. Chinese investments and imports dominated bilateral trade with Cambodia, which was worth about ...

More than 100 female workers fainted yesterday in Kompong Speu province at a Taiwanese-owned garment factory manufacturing clothes for the US sports brand Nike, an official from the Ministry of Labor said. Pok Vanthath, deputy director of vocational safety inside the ministry’s health department, said he ...

American Stock Exchange-listed Entertainment Gaming Asia Inc has announced it will build and operate a slot hall as an addition to an existing casino in Poipet city on Cambodia’s border with Thailand, according to a company statement. ...

Cambodian developers are betting that casinos can make the tiny Southeast Asian country a bigger draw for high-spending tourists. The nation of 15 million people has more than 25 casinos, but most are small affairs in rough-and-tumble border towns that cater to hard-core Thai, Chinese and ...

Chinese President Hu Jintao left Phnom Penh, capital of Cambodia, for home Monday, after a state visit to the southeast Asian nation. During the visit, Hu met Cambodian King Norodom Sihamoni, Senate President Chea Sim, National Assembly President Heng Samrin and Prime Minister Hun Sen. Hu and ...

Just hours before Chinese President Hu Jintao landed in Phnom Penh on Friday, a group of dismayed Koh Kong province villagers whose land is under threat from a sprawling Chinese tourism project were escorted onto a bus and sent back home before they were able ...

Chinese President Hu Jintao and Cambodian Prime Minister Hun Sen agreed here Saturday to advance the comprehensive relations of strategic cooperation and partnership between their two countries. In a meeting, the two leaders pledged to expand mutually beneficial cooperation in all fields and to double the ...