Industries

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

CATA urges SME Bank to support cruise boat businesses

Small and Medium Enterprise Bank of Cambodia Plc (SME Bank), which is currently reviewing its $50 million budget support for pandemic-hit tourism players in Siem Reap province was asked to consider providing loans to cruise boat businesses along the Tonle Sap River. ...

Nheng Chamrong
https://www.khmertimeskh.com/501416844/cata-urges-sme-bank-to-support-cruise-boat-businesses/

CAC eyes funding for cashew shell biofuel production

Six Chinese companies have expressed interest in establishing cashew processing plants in Cambodia, with one specialising in producing Cashew Nut Shell Liquid (CNSL), according to the Cashew Nut Association of Cambodia (CAC). ...

Van Socheata
https://www.phnompenhpost.com/national/cac-eyes-funding-for-cashew-shell-biofuel-production

New monthly minimum wage for Cambodia’s garment industry in 2024 takes effect

A new monthly minimum wage for workers in Cambodia’s garment, textile, footwear, and travel products industry for 2024 has come into force, Prime Minister Hun Manet said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417170/new-monthly-minimum-wage-for-cambodias-garment-industry-in-2024-takes-effect/

Nearly 84,000 vehicles travel on Chinese-invested expressway in Cambodia during New Year holiday

Some 83,900 vehicles have traveled on the Phnom Penh-Sihanoukville Expressway during the New Year holiday, starting from Saturday to Monday, a senior Cambodian official said on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417172/nearly-84000-vehicles-travel-on-chinese-invested-expressway-in-cambodia-during-new-year-holiday/

New minimum wage in effect, up $4 per month

With the arrival of a new calendar year, workers in textile, garment, footwear, and travel goods factories are set to enjoy a new minimum monthly salary of $204. The new figure is $4 higher than the 2023 wage. ...

Van Socheata
https://www.phnompenhpost.com/national/new-minimum-wage-in-effect-up-4-per-month

Ministry offers public Wi-Fi to boosts tourism

The Ministry of Post and Telecommunications has opened Wi-Fi to the public at Ochheuteal and Otres beaches in Preah Sihanouk province to provide free internet service for both locals and foreign guests, aiming to enhance the tourism sector. ...

Samban Chandara
https://www.phnompenhpost.com/national/ministry-offers-public-wi-fi-to-boosts-tourism

Kampot top among provinces with more visitors during NYE

Nearly 400,000 revellers thronged Kampot province, making it the most favourite spot in the country for the New Year celebrations. ...

Nop Sreymao
https://www.khmertimeskh.com/501416553/kampot-top-among-provinces-with-more-visitors-during-nye/

Angkor 2023 ticket sales to foreign visitors rake in over $37M

Cambodia earned $37.19 million from Angkor Archaeological Park ticket sales last year, which is a 222-percent increase compared to the year before, the state-owned Angkor Enterprise report showed on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501416458/angkor-2023-ticket-sales-to-foreign-visitors-rake-in-over-37m/

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