Industries

Pursat river pleasure cruises planned

Tourists will soon be able to cruise along the Pursat river in rowing boats and pedalos, under plans to develop the waterway as a tourist attraction, according to a senior provincial official. ...

Sok Chan
http://www.khmertimeskh.com/news/38690/pursat-river-pleasure-cruises-planned/

Let workers return home for elections: Unions

Two of the country’s biggest garment workers’ unions have asked the government to make factories give their workers three days of paid leave and provide loans for travel expenses to allow them to return to their hometowns to vote in the upcoming local elections. ...

Chhorn Phearun and Hannah Hawkins
https://www.cambodiadaily.com/news/let-workers-return-home-elections-unions-130376/

US exports rebound

Exports to the United States rebounded in the first quarter of the year, an increase of almost two percent on the same period last year, despite fears over protectionist trade policies to be ushered in by US President Donald Trump. ...

May Kunmakara
http://www.khmertimeskh.com/news/38644/us-exports-rebound/

Construction industry sees 43 percent investment increase

Investment in Cambodia’s booming construction industry increased by 43.3 percent over the first four months of the year compared to the same period last year, according to data released by the Land Management Ministry on Tuesday. ...

Chhorn Phearun
https://www.cambodiadaily.com/news/130298-130298/

Single-visa initiative puts Myanmar flights on course

Myanmar’s Ministry of Tourism is pushing forward with the implementation of a “two countries, one destination” campaign that hinges on establishing direct flights between the historic cities of Bagan and Siem Reap. The campaign’s single-visa programme would allow tourists holding either a Myanmar or Cambodia ...

Kali Kotoski
http://www.phnompenhpost.com/business/single-visa-initiative-puts-myanmar-flights-course

Lottery hopes to soar on Wing network

Mohaleap Lotto, a subsidiary of Cambodia’s Royal Group, officially entered the Kingdom’s lottery gaming market this month, hoping to disrupt a business sector currently dominated by black market outlets, a company executive said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lottery-hopes-soar-wing-network

Ly Hour eyes next borey development

Housing Development Association of Cambodia president Ly Hour has unveiled plans to erect a borey in Tboung Khmum province. ...

Siv Meng
http://www.phnompenhpost.com/post-property/ly-hour-eyes-next-borey-development

In wage protest, hundreds of garment workers block road

More than 1,000 garment workers from a factory in Kandal province’s Takhmao City blocked a public road on Wednesday in protest over unpaid wages that have left them struggling to afford food and pay their rents, a union official said. ...

Buth Kimsay
https://www.cambodiadaily.com/news/in-wage-protest-hundreds-of-garment-workers-block-road-129890/

Foreign tourist arrivals up 12 percent

Foreign tourist arrivals to Cambodia went up more than 12 percent in the first quarter of 2017, as the country ramped up efforts to improve services and attractions for visitors. ...

Chea Vannak
http://www.khmertimeskh.com/news/38458/foreign-tourist-arrivals-up-12-percent/

Plans for floating market in the works

The local entrepreneur who brought the capital its first container night market is seeking government support to realise his vision for the country’s first custom-built floating market and entertainment complex. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/plans-floating-market-works

Kampot seaport construction to start

Provincial tourism department director Soy Sinol said a construction study of the Asian Development Bank-funded project had been completed.The $18-million tourism seaport is due to come into service by 2019.​   ...

Chea Vannak
http://www.khmertimeskh.com/news/38106/kampot-seaport--construction-to-start/

Heritage cities to boost tourism

Cambodia wants Unesco recognition for Kampot, Kratie and Battambang cities and hopes they would be considered by the UN organisation to be recognized as World Heritage sites when the kingdom files its application next June.​ ...

Chea Vannak
http://www.khmertimeskh.com/news/38062/heritage-cities-to-boost-tourism/

More boreys emerge in Siem Reap

Siem Reap is renowned for its overwhelming number of hotels and guest houses. However, the city is also starting to witness a growing number of residential properties being built, specifically boreys. ...

Moeun Nhean
http://www.phnompenhpost.com/post-property/more-boreys-emerge-siem-reap

Labour minister praises robust garment sector growth

Cambodia’s minister of labour applauded the strong growth and employment levels for the garment and footwear sector yesterday, though industry representatives noted a slight slowdown due to increased competition from regional players. ...

Hor Kimsay
http://www.phnompenhpost.com/business/labour-minister-praises-robust-garment-sector-growth

Chinese sign real estate partnership

The Cambodia Valuers and Estate Agents Association (CVEA) and Emerald Plus Property Service Management (EPPSM) struck a deal with Dae Yang Constructor and Real Estate Association from Sichuan Province to help each other find investment, development and trading opportunities. ...

Sum Manet
http://www.khmertimeskh.com/news/37800/chinese-sign-real-estate-partnership/

InterContinental gallops ahead with Sihanoukville hotel

Cambodia’s second InterContinental Hotel is advancing works on its $77 million project in Sihanoukville. The 17-storey luxury hotel which spans 3 hectares is being developed by the Thai Boon Roong Company, the same firm spearheading the 133-storey Twin Trade Center in Phnom Penh. ...

Siv Meng
http://www.phnompenhpost.com/post-property/intercontinental-gallops-ahead-sihanoukville-hotel

The rise of millennials and implications for Phnom Penh’s real estate sector

CBRE’s 2016 report ‘Asia Pacific Millennials: Shaping the Future of Real Estate’ sheds light on millennials thinking around the themes of work, live and play. We see many of the trends observed at a regional level as being applicable to Phnom Penh’s millennials, especially in ...

James Hodge
http://www.phnompenhpost.com/post-property/rise-millennials-and-implications-phnom-penhs-real-estate-sector

Chinese equipment maker eyes Cambodia

Sany Heavy Industry, one of the biggest manufacturers of heavy construction machinery in China’s Hunan province, plans to expand in Cambodia to tap into rising infrastructure development. ...

May Kunmakara
http://www.khmertimeskh.com/news/37672/chinese-equipment-maker-eyes-cambodia/

WEF ranking upgrade boosts tourism

Cambodia has improved its ranking in the World Economic Forum’s (WEF) Travel and Tourism Competitiveness Index.​​ The nation was ranked 101 of 136 countries in the 2017 report, thanks to performance improvements that drove an overall score increase from 3.2 points in 2015 to 3.3 ...

Chea Vannak
http://www.khmertimeskh.com/news/37636/wef-ranking-upgrade-boosts-tourism/

Vietnamese firm to invest in massive casino

A little-known Vietnamese investment firm plans to build a massive $200 million mixed-use development that includes a hotel, casino and water park in the dusty Cambodian border town of Bavet through its fully-owned Malaysian subsidiary, a government official confirmed yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/vietnamese-firm-invest-massive-casino

Construction sector investment falls by 22 percent

Investment capital in Cambodia’s construction industry is off to a dwindling start this year, falling 22.1 percent at the end of the first quarter compared with the same period last year. ...

Siv Meng
http://www.phnompenhpost.com/post-property/construction-sector-investment-falls-22-percent

Holidays see record tourists

Cambodia’s top tourist destinations recorded a record number of visitors this Khmer New Year, with 2.5 million locals and foreigners traveling to celebrate the festival around the country.​ ...

Chea Vannak
http://www.khmertimeskh.com/news/37547/holidays-see-record-tourists/

Khmer New Year festival brings in more income

Angkor Sangkranta, Siem Reap’s largest cultural festival held over Khmer New Year, raked in a total income of $95 million on the back of 1.6 million domestic and international visitors, a 23 percent year-on-year increase, state news agency AKP said yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/khmer-new-year-festival-brings-more-income

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