Industries

Siem Reap receives more than 110,000 tourists during the Chinese-Vietnamese New Year

Tourists and people of Siem Reap Province visit various resorts in Siem Reap Province during the Chinese-Vietnamese New Year from February 9–11, 2024, for a total of 117,677 people, an increase of 11.56% compared to 2023, about 105,481 people. ...

Khmer Times Staff
https://www.khmertimeskh.com/501438425/siem-reap-receives-more-than-110000-tourists-during-the-chinese-vietnamese-new-year/

Tourism, manufacturing, infra development to raise GDP to 6.4% in 2024

Manufacturing, the recovery of Cambodian tourism on the back of regional improvement, and infrastructure development are likely to boost gross domestic product (GDP) growth, projected at 6.4 percent this year, up from 5.5 percent in 2023. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/tourism-manufacturing-infra-development-to-raise-gdp-to-64-in-2024

Pay gap in construction sector attributed to ‘skill’

Approximately 35 per cent of Cambodia’s 250,000 construction workers are women, according to Sok Kin, president of the Building and Wood Workers Trade Union Federation of Cambodia (BWTUC). ...

Kim Sarom
https://www.phnompenhpost.com/post-in-depth/pay-gap-in-construction-sector-attributed-to-skill-

Cambodia to establish international nursery stations in four provinces

The Ministry of Environment plans to establish four international standard nursery stations in Kampong Speu, Koh Kong, Siem Reap, and Tbong Khmum provinces. ...

Khmer Times Staff
https://www.khmertimeskh.com/501427578/cambodia-to-establish-international-nursery-stations-in-four-provinces/

Cambodia welcomes 547,798 Chinese tourists last year, up 412.5 percent

Cambodia received 547,798 Chinese visitors in 2023, up 412.5 percent from only 106,875 in a year earlier, said a Ministry of Tourism’s report released on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501426047/cambodia-welcomes-547798-chinese-tourists-last-year-up-412-5-percent/

Wanli Tire eyes major capacity expansion in Cambodia

Wanli Tire Co Ltd, a State-owned enterprise based in Guangzhou, capital of Guangdong province, has begun construction of a new-phase production base amid a recovery of the country’s tire industry last year. ...

China Daily
https://www.khmertimeskh.com/501426360/wanli-tire-eyes-major-capacity-expansion-in-cambodia/

AMRO maintains 6.2 percent GDP growth for Cambodia

The ASEAN+3 Macroeconomic Research Office (AMRO) has maintained a 6.2 percent growth for Cambodia in the current year in its January 2024 Quarterly Update. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501425667/amro-maintains-6-2-percent-gdp-growth-for-cambodia/

Cambodia welcomes 5.4 million foreign tourists in 2023

Cambodia attracted some 5.43 million international tourists in 2023, a sharp increase of 139 percent from 2.27 million in 2022, the Ministry of Tourism pointed out in a report on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501426346/cambodia-welcomes-5-4-million-foreign-tourists-in-2023/

Guidebook to manufacturing in Cambodia published

EuroCham Cambodia has published a guidebook, ‘Alternative Manufacturing and Special Economic Zones Guidebook 2024’, providing insight for entrepreneurs, investors, and industry stakeholders seeking information about Cambodia’s manufacturing sphere. ...

Seng Mengheng
https://kiripost.com/stories/guidebook-to-manufacturing-in-cambodia-published

Ten investment projects worth over $60 million registered at CDC

Council for the Development of Cambodia (CDC) has decided to issue licences to ten investment projects with a total investment capital of more than $60 million, as of Jan. 15. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425808/ten-investment-projects-worth-over-60-million-registered-at-cdc/

Cambodian PM receives CEOs of two companies in Davos

Dr. Hun Manet, Prime Minister of Kingdom of Cambodia, received separate courtesy calls from CEOs of two private companies in Davos, Switzerland on Jan. 16. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424482/cambodian-pm-receives-ceos-of-two-companies-in-davos/

Cambodia and Xi’an strengthen ties through direct flights and tourism exchange

The Mayor of Xi’an in the People’s Republic of China, Ye Niuping, recently met with Cambodian Consul General Heng Poeu to discuss ways to enhance economic, cultural, and tourism cooperation between the two regions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424448/cambodia-and-xian-strengthen-ties-through-direct-flights-and-tourism-exchange/

Cambodian Prime Minister Welcomes ACCOR Group’s Continued Investment

In a meeting with Dr. Hun Manet, Prime Minister of Cambodia, Monday, in France, Ms. Maud Bailly, Chief Executive Officer of Sofitel, MGallery& Emblems, representing ACCOR Group, expressed optimism about the growth and improvement of the tourism sector in Cambodia in 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423738/cambodian-prime-minister-welcomes-accor-groups-continued-investment/

Cambodia exports rubber worth $490.6 million in 2023

Cambodia exported 368,048 tonnes of dry rubber in 2023, a slight decrease of 1.3 percent from 372,903 tonnes in a year earlier, said a report from the General Directorate of Rubber on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425159/cambodia-exports-rubber-worth-490-6-million-in-2023/

China and Cambodia sign ‘$1billion rubber & tire projects’ agreement

Cambodian and Chinese officials have signed an MoU concerning plans to invest $1 billion (€910 million) in joint rubber & tire projects, Cambodia Development Council (CDC) has announced. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423710/china-and-cambodia-sign-1billion-rubber-tire-projects-agreement/

Swiss commit to hospitality training plans

Cambodia and Switzerland have discussed increasing the provision of vocational training for the tourism industry. Through the wider implementation of the Skills Development Programme Phase II 2024-2028, they aim to bring the quality of services in line with national and ASEAN standards, ensuring that the ...

Sok Raksa
https://www.phnompenhpost.com/national/swiss-commit-to-hospitality-training-plans

Tour guides, interpreters told to strengthen services

The Ministry of Tourism has instructed all tour guides and interpreters to continue strengthening professional practices to improve the quality of reliable and friendly services for tourists. ...

Torn Vibol
https://www.khmertimeskh.com/501420447/tour-guides-interpreters-told-to-strengthen-services/

Cart Tire revving up to raise capital investment to $700M

A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m

Footwear exports dip; sector shows signs of recovery

Cambodia netted over $1.2 billion from exporting footwear, gaiters and related articles in the first 11 months of 2023, marking a nearly 23% decrease year-on-year. However, the last few months of 2023 showed signs of gradual improvement, as reported by the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/footwear-exports-dip-sector-shows-signs-of-recovery

General Science announces $255 million expansion plan in Cambodia

The 18-month project will add capacity for 3.5 million units of semi-steel radial passenger car tires and 750,000 all-steel truck bus tires per year at the plant, inaugurated in April last year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501418887/general-science-announces-255-million-expansion-plan-in-cambodia/

Siem Reap tourism vendor loans to be more accessible in 2024

The Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank), loan terms for tourism vendors in Siem Reap Province will be loosened from the beginning of 2024 to encourage more uptake of funds exclusively by Siem Reap-based entities to bolster the sector’s return to ...

James Whitehead
https://www.khmertimeskh.com/501418092/siem-reap-tourism-vendor-loans-to-be-more-accessible-in-2024/

Cambodia and India emerge as Vietnam’s fastest growing tourism markets

India is now Vietnam’s fastest growing tourism market with the number of visitors last year from that country increasing by 231% from 2019, the year before Covid broke out. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417727/cambodia-and-india-emerge-as-vietnams-fastest-growing-tourism-markets/

Kampong Thom governor leads tree planting, green initiative

Kampong Thom provincial governor Nguon Ratanak recently led the planting of over 60 young tree saplings in Stung Sen garden, situated along the namesake river. The new trees are expected to beautify the provincial town and attract more domestic and international visitors. ...

Chea Sokny
https://www.phnompenhpost.com/national/k-thom-governor-leads-tree-planting-green-initiative

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