Industries
Council approves four investment projects worth $17.2 million
The Council for the Development of Cambodia (CDC) on Monday announced the approval of four investment projects worth some $17.2 million. These are set to create 1,490 jobs. Sun Awesome Garment Co Ltd is to establish a garment and laundry facility in Kampong Cham’s Prey ...
Hin Pisei
https://www.phnompenhpost.com/business/council-approves-four-investment-projects-worth-172-million
Kampong Speu shoe factory construction suspended: Governor
The construction of a shoe factory in Kampong Speu province’s Kong Pisei district has been suspended after local authorities ruled it has not been following technical standards. Officials in the Kingdom are scrambling to inspect completed and under-construction buildings to avoid collapses similar to what ...
Pech Sotheary
https://www.khmertimeskh.com/50677531/kampong-speu-shoe-factory-construction-suspended-governor
Kep death toll reaches 36, governor to keep position
Prime Minister Hun Sen on Sunday said no official would be dismissed for the six-storey building collapse that killed 36 people and injured 23 others in Kep province on Friday. Hun Sen made the remarks as he wrapped up a rescue operation that took 43 ...
Voun Dara and Niem Chheng
https://www.phnompenhpost.com/national/kep-death-toll-reaches-36-governor-keep-position
Rubber exports grow nearly 24% last year
The Kingdom’s rubber exports saw a 24 per cent increase over the first 11 months of last year compared to the same period in 2018, data from the General Directorate of Rubber obtained by The Post on Tuesday showed. Pol Sopha, the director-general of the ...
Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-grow-nearly-24-last-year
Immigration Dept says 400,000 Chinese have left because of online gambling ban
The General Department of Immigration yesterday reported hundreds of thousands of Chinese nationals left the country after Prime Minister Hun Sen in August issued a directive banning all online and arcade gambling operations. ...
Ben Sokhean
https://www.khmertimeskh.com/50675447/gdi-attributes-mass-departure-to-online-gambling-ban
Council approves Aeon 3 project
Japan’s Aeon Mall Co is to spend more than $200 million building its third shopping mall in Phnom Penh as the firm eyes the Kingdom’s burgeoning middle-class. Construction on Aeon Mall 3 in the capital’s Meanchey district is to begin early next year as a result ...
May Kunmakara
https://www.phnompenhpost.com/business/council-approves-aeon-3-project
Government wants developers to build more affordable homes
The government is urging more affordable housing development projects for lower and middle income people and the vulnerable because of rising demand from these groups. ...
Sok Chan
https://www.khmertimeskh.com/50673780/government-wants-developers-to-build-more-affordable-homes
Gov’t, World Bank preparing sustainable ecotourism plan
The Ministry of Environment is working with the World Bank to prepare a Sustainable Landscape and Eco-tourism project to improve the effectiveness of natural resources management, eco-tourism and the value chains of non-timber forest products in targeted provinces. ...
Voun Dara
https://www.phnompenhpost.com/national/govt-world-bank-preparing-sustainable-ecotourism-plan
Over 1,000 constructions inspected, 27 demolished
Authorities demolished 27 constructions that were found to have posed a high risk to safety. They ordered another 636 sites to sign contracts agreeing to comply with legal procedures this year, a government report said on Wednesday. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/over-1000-constructions-inspected-27-demolished
Workers faint in Svay Rieng shoe factory: Officials
Dozens of workers at the Kingmaker Footwear factory in Svay Rieng province fainted yesterday evening, and the authorities are baffled at what caused it, said government and union officials. ...
Mom Kunthear
https://www.khmertimeskh.com/50673467/workers-faint-in-svay-rieng-shoe-factory-officials
Ith Samheng mulls pension scheme delay
Labour Minister Ith Samheng yesterday said he will look into a request by employers to delay implementing a pension scheme for garment and footwear workers slated for next year. ...
Mom Kunthear
https://www.khmertimeskh.com/50672920/ith-samheng-mulls-pension-scheme-delay
Online crackdown continues
Prime Minister Hun Sen has vowed to clamp down on all online and arcade gambling operations in a move to safeguard national security and curb money laundering in the Kingdom. ...
Khuon Narim
https://www.khmertimeskh.com/50672721/continue-to-crack-down-on-online-and-arcade-gambling-pm
UAE firm sets sight on oil in Kingdom
Mubadala Petroleum, one of the UAE’s largest oil and gas companies, is looking for investment opportunities in the Cambodian oil sector, said a senior official at the Ministry of Mines and Energy. Mubadala Petroleum CEO Mazin al-Lamki expressed interest in investing in Cambodia’s oil sector ...
Thou Vireak
https://www.phnompenhpost.com/business/uae-firm-sets-sight-oil-kingdom
Labour ministry to check provision of seniority payments
The Ministry of Labour and Vocational Training is preparing to send officials to check on whether the second phase of seniority payments will be provided to garment factory workers at the end of the year, said ministry spokesman Heng Sour. Last year, the ministry announced ...
Long Kimmarita
https://www.phnompenhpost.com/national/labour-ministry-check-provision-seniority-payments
Mango exporters urged to set up hi-tech packaging plants
Ngin Chhay, the director-general of the General Directorate of Agriculture at the Ministry of Agriculture, Forestry and Fisheries, on Thursday urged the private sector to set up more mango packaging plants that comply with South Korea and China’s hygiene and quality standards. ...
Thou Vireak
https://www.phnompenhpost.com/business/mango-exporters-urged-set-hi-tech-packaging-plants
Gov’t approves $9B worth of building projects in 2019
The government has approved more than $9 billion this year for capital investment in the construction sector, a nearly 80 per cent increase on last year, with most of the growth coming from projects in Sihanoukville, according to Minister of Land Management, Urban Planning and ...
Hin Pisei
https://www.phnompenhpost.com/business/govt-approves-9b-worth-building-projects-2019
Garment factories opening despite potential loss of EBA deal: report
Garment factories continue to open in the Kingdom despite the looming threat Cambodia faces of losing its Everything-but-arms (EBA) status with the European Union, a report published recently notes. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50666883/garment-factories-opening-despite-potential-loss-of-eba-deal-report/
Coal-fired power plant to come online in S’ville this month
A 135-megawatt coal-fired power plant will start producing energy this month in the coastal province of Preah Sihanouk, according to a high-ranking energy official. The plant is seen as an important element in the government’s strategy to deal with the current energy shortage. ...
Chea Vannak
https://www.khmertimeskh.com/50666710/coal-fired-power-plant-to-come-online-in-sville-this-month/
Revenue, visitors at Angkor temples down again
Visitors to the world-famous Angkor Archaeological Park, Cambodia’s most important tourist draw, were down significantly during the first eleven months of the year. According to the latest report from Angkor Enterprise, who manages ticket sales at the temple complex, from January to November, revenue from ...
Chea Vannak
https://www.khmertimeskh.com/50666505/revenue-visitors-at-angkor-temples-down-again/
Mekong countries agree to strengthen tourism cooperation
Greater Mekong Subregion (GMS) countries have agreed to boost tourism cooperation, including improving infrastructure and marketing techniques and developing human resources. During the 44th GMS Tourism Working Group Meeting, held last week in Siem Reap, the six countries that form GMS signed an agreement to ...
Sok Chan
https://www.khmertimeskh.com/50665908/mekong-countries-agree-to-strengthen-tourism-cooperation/
Casino investment boosts Kingdom’s construction sector
Increasing casino investment has brought the construction sector to provinces along Cambodia’s borders, World Bank (WB) senior economist for Cambodia Ly Sodeth said on Wednesday. In the latest WB Cambodia Economic Update (CEU) report published on Wednesday, Sodeth said that the construction sector has boomed in Banteay ...
Thou Vireak
https://www.phnompenhpost.com/business/casino-investment-boosts-kingdoms-construction-sector
Gov’t creates tourism development committee
The National Tourism Development Committee was created this month to boost the development of one of Cambodia’s most important economic drivers. ...
Chea Vannak
https://www.khmertimeskh.com/50665275/govt-creates-tourism-development-committee/
Ministry: Construction workers must upskill
Ministry of Labour and Vocational Training official Teang Sak on Wednesday urged the private sector to work with the government in improving the skills of workers to meet the needs of the fast-growing construction sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-construction-workers-must-upskill
World Bank: Growth at 7% for this year
Cambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/world-bank-growth-7-year