Industries

The Constructors Association (C.A.) was officially formed on October 7th with an aim to develop the country’s construction and real estate sector. The C.A. launching ceremony was presided over by Senior Minister and Minister of Land Management, Urban Planning and Construction H.E. Im Chhun Lim. ...

Cambodia hosted the 3rd World Ecotourism Conference on October 3rd at the famous costal province—Preah Sihanouk—in an aim at developing the Asia Pacific region as a leading ecotourism destination. To celebrate the acceptance of the Cambodia costal zone (Preah Sihanouk Ville, Koh Kong, Kep and Kampot) ...

Foreign direct investment in the Kingdom soared 250 per cent year-on-year through August even despite the West’s economic woes, Deputy Prime Minister Sok An said yesterday. A total of 87 projects worth US$5.6 billion were approved by the Council for the Development of Cambodia during the ...

Taking advantage of strong economic growth this year, two of the country’s largest banks have posted strong third-quarter earnings. Acleda Bank yesterday reported a net profit of $32.68 million in the first three quarters of the year, almost double the amount over the same period last ...

UNION officials fired another volley in their battle against a hotel yesterday by announcing that they would file a complaint today with a Siem Reap court, as their protests continued to draw unwanted attention to the tourist town. The Cambodian Tourism and Service Workers Federation complaint ...

A carbon credit project is in the works for the Seima biodiversity areas in Kartie and Mondulkiri provinces. During a meeting between Chan Sarun, Minister of Agricultural, Forestry and Fisheries and Colin Poole, Director of Asia Programs for the Wildlife Conservation Society (WLCS) on Sept ...

Phnom Penh is making a comeback after years of sluggishness and weak demand in the property sector, real estate agents said. Rose Condominiums, a project in Chamkar Mon district consisting of eight 28 and 29-story towers holding more than 350 units, has already sold out ahead ...

A Chinese animal feed mill officially opened at the Phnom Penh Special Economic Zone (PPSEZ) on Aug 28. It is the first animal feed mill from China and the fifth animal feed factory to operate in Cambodia Cambodia has strongly depended on the imports for animal ...

Bad weather scared tourists from Cambodian beaches and other popular travel destinations during a three-day national holiday, provincial tourism officials said yesterday. Preah Sihanouk province saw a 30 to 35 percent drop in tourist numbers during the Pchum Ben holiday, which ended Wednesday, Seng Kha, deputy ...

As the Tourism Ministry prepares to host the World Ecotourism Conference in Sihanoukville on Monday, ecotourism operators in three provinces said they were worried that the government’s development practices would undermine the very concept the conference is promoting. According to Tith Chanda, director general of the ...

Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...

The number of foreign visitors arriving in Cambodia jumped 14.1 percent to about 16.2 million in the first seven months of this year compared to the same period last year, according to data released Friday by the Tourism Ministry. Vietnam accounted for the largest number of ...

Gliding through the water almost soundlessly, the MS AmaLotus docked for only its second time in Phnom Penh last week At 92 meters in length and capable of holding 124 passengers, the AmaLotus is the latest cruise ship to start transporting tourists between Siem Reap and ...

A draft sub-decree sent to the Council of Ministers last week aims to strengthen the protection of the critically endangered Mekong dolphin population by designating key protection zones in the 180km stretch of Mekong River where the dolphins live. Touch Seang Tana, chairman of the Commission ...

Unlicensed real estate developers may find their projects blacklisted if they fail to register with the Ministry of Economy and Finance (MEF), a ministry official said yesterday. The MEF published the names of three developers in a local paper last week and has promised to warn ...

Preah Vihear temple may have been the scene of the country’s heaviest military engagement in recent years, but visitors have not been scared off by the confrontation, according to local tourism officials. Kong Vibol, Preah Vihear provincial director of the department of tourism, claimed that his ...

Tourism ministers from Cambodia, Laos, Myanmar and Vietnam held a meeting in Ho Chi Minh City to discuss ways to boost tourism in all the four countries, creating a four country tourist destination. At the meeting on September 13, attended by over 200 delegates and investors, ...

KUALA LUMPUR — Cambodia’s economic growth for 2011 is expected to be 6.8 per cent, says the Asian Development Bank (ADB). This is based on the positive trends over the six months of this year and is an improvement over the ADB forecast of 6.5 per ...

Cambodia’s economic growth could surpass previous estimates and hit 8.7% this year, Prime Minister Hun Sen said in a speech yesterday. Earlier government forecasts estimated growth of 6% for 2011, though increasing garment exports and a strong recovery in the tourism sector have stimulated the economy ...

Mount Borkor Resort, the highest location in Cambodia, located near the coastline, will be inaugurated to welcome tourists from all destinations by the end of 2011, while the road climbing to the plateau’s peak and other tourism structures are about to be completed So far, the ...

In an attempt to foster tourism on the Cambodia-Thai border, tourism officials this week visited the Cham Yeam border crossing in Koh Kong province. Warming relations with Thailand’s newly elected Prime Minister Yingluck Shinawatra are expected to improve cross-border tourism, which deteriorated after border clashes ...

PHNOM PENH– Cambodia has received 8.8 billion U.S. dollars of investments from China from 1994 to July 2011, making China the leading country in the investments in the country, according to the reports from the Council for the Development of Cambodia (CDC) on Tuesday. The ...

Cambodian outbound tourist departures rose 29 per cent year-on-year through July, with the bulk of the travellers going to Vietnam and Thailand, according to Ministry of Tourism statistics. Nearly 358,000 Cambodian tourists left the Kingdom in the first seven months of 2011, up from about ...

England promised to invest in Cambodian around US$ 2.22 billion make total investment projects in country during 7 month of the year increased up to US$ 5.5 billion, Council for Development of Cambodia (CDC)’s reported to the media. According to the report, in the first ...