Industries

Real estate developer Shukaku Inc has inked a memorandum of understanding (MoU) with education and training-focused NGO Don Bosco Foundation, worth more than $69,000. Under the MoU, Shukaku would sponsor 20, two-year scholarships for Don Bosco students as well as develop a brand-new computer lab. ...

Following an unusually high number of drownings in coastal areas in the past month, the Ministry of Tourism has instructed the tourism departments in coastal provinces to continue to collaborate with relevant authorities to ensure safety, public order and cleanliness. A statement released by Minister of ...

Political uncertainty in Cambodia has forced the garment and footwear industry to look to alternative countries to meet production needs, forcing more than 70 factories to close and a sharp drop in orders, a senior official from the Garment Manufacturers Association in Cambodia (GMAC) said ...

Investors in Cambodia’s garment industry are increasingly purchasing modern equipment as they look to produce higher value-added products to compete in the international market and counter rising labour costs, an industry insider said yesterday. ...

A workers’ strike escalated on Monday at Sihanoukville’s Angkor Beer-producing Cambrew factory, protesters said, with the company acknowledging that the work stoppage was causing major disruptions. ...

The Apsara Authority has called on tourists playing Pokémon Go to be careful when playing in the Angkor Archaeological Park and to respect all signs in the temples. Due to concerns over potential accidents happening to those playing the game, the Apsara Authority issued a statement ...

Despite steady sales of silk products in the Kingdom, the combination of a lack of skilled labor and cheap imports are adding extra stress to Cambodia’s already beleaguered domestic production, say officials and industry experts. ...

Vietnamese budget airline VietJet will re-launch flights to Cambodia at the end of October following a six-month halt in the service due to unspecified market issues, an aviation official said yesterday. ...

The NagaCity Walk, a $94 million subterranean shopping centre in Phnom Penh aimed at high-rolling tourists visiting the adjacent NagaWorld casino and hotel complex, held its soft opening yesterday, with duty-free luxury goods ranging from affordable tobacco, perfumes and designer watches to a $3,400 bottle ...

Cambodia plans to attract up to 300,000 Japanese tourists to the Kingdom by 2020, as direct flights connect Phnom Penh with Tokyo early next month, Minister of Tourism Thong Khon announced yesterday. ...

Cambodian rice cracker manufacturer Ly Ly Food Industry Co. Ltd., has begun exporting its products to China, as part of a push to expand beyond Asean markets. ...

The number of Cambodians traveling overseas as tourists increased to nearly 700,000 in the first half of the year, up 26 percent compared to the same period last year, according to the Ministry of Tourism. Experts in the industry welcomed this trend and pointed out ...

While commercial buildings in Phnom Penh are still in demand, occupancy rates, however, have fallen slightly for residential apartments, according to global property consultancy Knight Frank. ...

As many tall buildings continue to pop up in Cambodia’s 500-year-old capital, ministries are continuing to place importance on preserving the cultural heritage of important historical sites and landmarks, ranging from ancient temples and monuments to pagodas and colonial buildings. ...

A local wholesale company, Brightway Group Co. Ltd., and leading Thailand-based organic fertilizer manufacturer and distributor, MSK Fertilizer Co. Ltd., signed a memorandum of understanding (MoU) yesterday for the entry of non-chemical fertilizers into the Kingdom. ...

During the past five years the government approved close to $6.83 billion worth of investments in 1,183 construction projects, according to a senior official from the Ministry of Land Management, Urban Planning and Construction. ...

The latest report on the state of Phnom Penh’s property market makes bleak reading for investors and those betting on a lucrative future in the short-term. ...

Tourist visits to Siem Reap province increased slightly during the first half of the year as foreign tourists lined up to see the country’s pre-eminent tourism attraction, Angkor Wat, and Cambodians from across the country flocked to the province for a major national festival in ...

Cambodia’s total exports of garments and footwear to Japan increased sharply in the first half of the year, according to latest figures from the Japan External Trade Organization (JETRO). ...

Two dollars from the sale of every ticket to the Angkor temple complex will go to the Kantha Bopha hospitals in February 2017, according to the Ministry of Economy and Finance yesterday. A letter sent to Dr. Beat Richner, the founder for the Kantha Bopha Children’s ...

The industry body for the nation’s garment and footwear manufacturers said new trade data showing a decline in Cambodian exports to the US during the first half of the year was a sign that the Kingdom was losing its competitive advantage, threatening the future of ...

Sun Chanthol, senior minister and minister of Public Works and Transport, met with the president of Dansan Consultants on Friday to talk about the lack of safety signs on a construction site on National Road 21 that allegedly caused two deaths in a traffic accident. ...

Tourism Minister Thong Khon said on Sunday he did not believe an upcoming hike in the cost of tickets for foreigners visiting Angkor Wat will cause fewer tourists to come to Cambodia, with surveys showing most who visit the country are prepared to pay more. ...

Star5 Development and the Skyland Company have formed a joint venture, with approximately $20 million in investment capital, to develop an affordable condominium named Skyland Condo aimed at local investors. ...