Industries

Cam Top Property Group, from Cambodia, and Australia-based Cate Group have come together to jointly invest $25 million in an affordable housing project that will be launched next week for low middle- and middle-income Cambodians. ...

The property sector in Preah Sihanouk province seems to be booming, thanks to new project developments, the growth in tourism and a twinning program between the province and Zhencheng district in China’s Guangdong province. ...

Two garment and textile factories in Preah Sihanouk province have signaled their insolvency, and called on creditors to file for compensation with their administrators before Monday. ...

Kampong Cham may no longer be the quiet city it is today if its purported economic potential continues to be realised. Local developers have already taken a keen interest in the town with the development of the first borey underway. ...

While big-scale land selling seems to be grinding to a halt, plotted land sales are understood to be picking up speed, spreading from Phnom Penh to many other provinces. ...

After a real estate agent was convicted of illegally selling plots of land within Camko City development project, a senior figure at developer World City stressed yesterday that at present no land was for sale and warned that any offers were fraudulent. ...

As floods have been raging on in many provinces, especially in the outskirts of the capital, locals are demanding the government inspect all boreys, factories and other developments in affected areas to ensure that there are proper drainage and road systems. ...

reah Sihanouk provincial authorities have ordered a casino that operated in Sihanoukville shut down after it failed to renew its operating licence, local media reported yesterday.​ ...

Because of improved working conditions in garment and footwear factories across the Kingdom, the government yesterday signed a memorandum of understanding (MoU) to continue implementing the Better Factories Cambodia (BFC) program for three more years. During a celebration commemorating the 15th anniversary of BFC, Labor Minister ...

A​ tourism​ development​ agreement​ was​ signed​ last​ week​ between​ Cambodia’s​ Ministry​ of​ Tourism​ and​ China’s​ Shanghai​ Spring​ International​ Travel​ Service​ Group​ to​ boost​ the​ influx​ of​ Chinese​ tourists​ to​ the​ Kingdom. In​ announcing​ the​ agreement​ on​ Saturday,​ Minister​ of​ Tourism​ Thong​ Khon​ said:​ “The​ memorandum​ ...

Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. ...

The minister of commerce, Pan Sorasak, met with officials from the Chinese-based Jilin Provincial Investment Group Co Ltd yesterday to discuss strengthening rice-processing infrastructure in the Kingdom. ...

Thailand’s Amata Corporation Plc., which is the country’s largest listed conglomerate in the industrial estate sector, is keen to set up a special economic zone (SEZ) in Cambodia due to the Kingdom’s strategic geographical location in the Greater Mekong Sub-region. The plan was announced on Sunday ...

Cambodia’s famed UNESCO-listed Angkor Archaeological Park made a revenue of $44 million during the first nine months of the year from ticket sales to Angkor Wat. This represents a 2.5 per cent increase compared to the same period last year, according to an official report ...

Unions are still seething at the new minimum wage figure for garment and footwear industry workers – which the government decided to raise by only $13 per month last Thursday – but stopped short of saying they would organize protests out of a fear for ...

The Institute of Standards of Cambodia (ISC) and the United Nations Industrial Development Organization (UNIDO) will team up to boost the export of four seafood products that adhere to international standards. Speaking at a workshop at the Ministry of Industry and Handicraft yesterday, ISC director-general Chan ...

The latest report from the Asian Development Bank (ADB) describes Cambodia’s economic situation in 2016 as “broadly as expected,” as it predicts a slight increase in economic growth of 0.1 percent, to 7.1 percent. Released yesterday, the update to its annual “Asian Development Outlook” for 2016 ...

The government plans to create “cheque de vacances” or holiday vouchers by 2017 to encourage middle-income Cambodians to travel within the country, according to an official from the Ministry of Tourism yesterday. Chhay Khunlong, deputy director-general of tourism at the ministry, said holiday vouchers will enable ...

Over 40 new mining licences were issued during the first half of the year to satisfy the high demand for construction materials by Cambodian infrastructure and real estate projects, while more than 100 licences were revoked due to environmental concerns or inactivity, a government official ...

Cambodian factories manufactured industrial products worth $5.3 billion during the first seven months of 2016, according to data released yesterday by the Ministry of Industry and Handicraft.​ ...

The district of Svay Chrum, where the government has – since 2013 – been planning to build a bridge linking the Mekong river from west to east, is currently in the spotlight because of its advantageous geographical standpoint and slated future infrastructure development. ...

A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. ...

Takeo provincial authorities yesterday confiscated and destroyed more than 180 kilograms of contaminated prahok from four production sites, according to an official with the Cambodia Import-Export Inspection and Fraud Repression Directorate-General (CAMCONTROL). ...

Kep province’s Knai Bang Chatt hotel is the first in Cambodia to receive the gold certification in the international Green Growth 2050 initiative after it was accredited by industry experts. In August, an Australian team of experts conducted an independent audit and found that the hotel ...