Industries

Tourism a key revenue generator for SMEs

Cambodia’s small- and medium-sized enterprises (SMEs) earned $1.9 billion in revenue last year from the tourism sector, and could increase this amount further by reducing imports, an industry spokesman said yesterday.   ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/tourism-key-revenue-generator-smes

Malaysian firm wagers on Sihanoukville's potential

An obscure Malaysian company has obtained approval from Cambodia’s Council of Ministers to develop hotels and casinos in Sihanoukville, with an online promotional video claiming the firm will transform the coastal city into the “Macau of Southeast Asia.”     ...

Sor Chandara
http://www.phnompenhpost.com/business/malaysian-firm-wagers-sihanoukvilles-potential

Cambodia mulls Preah Vihear access from Thailand

Cambodia is considering allowing visitors from Thailand directly access Preah Vihear temple, Cambodian Defence Minister Tea Banh said on Thursday. ...

Wassana Nanuam
http://www.bangkokpost.com/news/security/909368/cambodia-mulls-preah-vihear-access-from-thailand

Siem Reap still one of world’s best destinations

Siem Reap, the home of UNESCO-listed ancient temples, was placed fifth among the world’s top 25 travel destinations in 2015, dropping from second place in the previous year’s ranking by TripAdvisor, a popular online site for travelers and one trusted by tourists choosing destinations to ...

Chea Vannak
http://www.khmertimeskh.com/news/23123/siem-reap-still-one-of-world---s-best-destinations/

Country’s biggest duty-free shop opens

Cambodia’s largest duty-free outlet opened yesterday in Siem Reap, aiming to service the growing market in the Kingdom’s tourism capital. ...

Sok Chan
http://www.khmertimeskh.com/news/23064/country---s-biggest-duty-free-shop-opens/

Towers to improve Angkor Wat's cell coverage, discreetly

Visitors to Cambodia’s premiere tourist destination, Angkor Wat, can expect better mobile network coverage come June, after Apsara Authority signed an agreement with local telecom services firm Camtowerlink Communications to install six camouflaged mobile towers across the vast temple site. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/towers-improve-angkor-wats-cell-coverage-discreetly

Preah Vihear temple restoration work delayed

Restoration of the most prominent and photographed gate at Preah Vihear temple has been delayed by the need for further study by the Indian team that has signed up for the work, the head of the Cambodian body that oversees the 12th century sanctuary said ...

Aun Pheap and Zsombor Peter
https://www.cambodiadaily.com/news/preah-vihear-temple-restoration-work-delayed-110295/

New factory to hog the pig leather market

Cambodia’s first factory to process leather from pig skin will open this year and will supply products to the European market, but local pig skin will not be used. ...

Sum Manet
http://www.khmertimeskh.com/news/23062/new-factory-to-hog-the-pig-leather-market/

Jimei Intl Cambodia plan likely in Sihanoukville: analyst

The ‘entertainment resort’ that Hong Kong-listed casino junket investor Jimei International Entertainment Group Ltd wants to develop in Cambodia is likely to be located in the coastal resort town of Sihanoukville (pictured), on the Gulf of Thailand, says Union Gaming Securities Asia Ltd. ...

Newsdesk
http://www.ggrasia.com/jimei-intl-cambodia-plan-likely-in-sihanoukville-analyst/

Kampot cements its place in construction industry

Work started yesterday on Cambodia’s largest and most modern cement plant, which will be built in Kampot province with an investment of $262 million by Chip Mong Insee Cement. ...

Sum Manet
http://www.khmertimeskh.com/news/23017/kampot-cements-its-place-in-construction-industry/

Swifter footwear sales help push garment growth

Cambodia’s garment sector – a key driver of the economy – exhibited modest growth last year, with total exports topping $6.3 billion in 2015, up from $5.8 billion one year earlier, according to an industry report released yesterday. ...

Ananth Baliga
http://www.phnompenhpost.com/business/swifter-footwear-sales-help-push-garment-growth

On Koh Rong, gov’t working group deciding who owns what

After getting the rights to develop Koh Rong island in 2008, the Royal Group started clearing land last year in preparation for the construction of its luxury Royal Sands resort. ...

Jonathan Cox and Ven Rathavong
http://www.khmertimeskh.com/news/23027/on-koh-rong--gov---t-working-group-deciding-who-owns-what/

Experts convene 2nd council on Preah Vihear temple

The International Coordinating Committee (ICC) for Preah Vihear held its second meeting in Siem Reap City on Monday to discuss ongoing efforts to preserve the 12th century Hindu temple and turn the majestic but remote site into a popular tourist destination.   ...

Aun Pheap
https://www.cambodiadaily.com/news/experts-convene-2nd-council-on-preah-vihear-temple-110245/

Garment worker pageant troubles critics

The Ministry of Labour is bringing back a beauty pageant for garment workers, which unions and commentators have deemed a “regressive” distraction from deep-seeded inequalities in the sector. ...

Erin Handley and Sen David
http://www.phnompenhpost.com/national/garment-worker-pageant-troubles-critics

Developer finds new partners for planned resort in Preah Sihanouk

A Chinese developer has announced new partnerships in its bid to develop a massive tourism project in a protected national park in Preah Sihanouk province – a project it claims could become Cambodia’s second-biggest tourism draw after Angkor Wat. ...

Kali Kotoski and Sor Chandara
http://www.phnompenhpost.com/business/developer-finds-new-partners-planned-resort-preah-sihanouk

It’s back to school for real estate agents

The Cambodian Valuers and Estate Agents Association (CVEA) will set out a framework to build a professional training school by April to enable its agents to compete with those from other countries. ...

Sum Manet
http://www.khmertimeskh.com/news/22926/it---s-back-to-school-for-real-estate-agents/

Cambodian slots help offset EGA’s losses

European Gaming machine supplier and casino operator Entertainment Gaming Asia Inc reported consolidated revenues of $7.3 million in 4Q15, a decrease of 12 per cent compared to the same period a year earlier. ...

Post Staff
http://www.phnompenhpost.com/business/cambodian-slots-help-offset-egas-losses

Phnom Penh land prices, condo sales continue to surge

The Phnom Penh property market continued to see a broad rise in sales and rental values during the final quarter of last year, with land values across the capital’s four central districts rising by an average of 8.4 percent from the third quarter, according to ...

Sum Manet
http://www.khmertimeskh.com/news/22620/phnom-penh-land-prices--condo-sales-continue-to-surge/

Twin tower construction to begin this year

Construction of the $2 billion, 133-story twin tower skyscrapers planned to rise opposite NagaWorld will start in the middle of this year, an official who helped design the project told Khmer Times yesterday. ...

Sum Manet
http://www.khmertimeskh.com/news/22617/twin-tower-construction-to-begin-this-year/

Traditional silk industry struggles to keep its shine

To get high quality silk scarves or silk products ready to sell in shops or markets takes at least two or three days of hard work by weavers, most of whom work in small villag ...

Sok Chan
http://www.khmertimeskh.com/news/22615/traditional-silk-industry-struggles-to-keep-its-shine/

Tourism cooperation with Thailand ‘speeding up’

Tourism officials in Cambodia and Thailand are accelerating efforts to link the two countries to create the most attractive single destination in the region, according to the Ministry of Tourism. ...

Chea Vannak
http://www.khmertimeskh.com/news/22476/tourism-cooperation-with-thailand----speeding-up---/

More families take deals to vacate dam site

Another 73 families in Stung Treng province have accepted the government’s offer of new land in exchange for the farms they will lose to the Lower Sesan II hydropower dam currently under construction, the second group to take the deal.​ ...

Kang Sothear
https://www.cambodiadaily.com/news/more-families-take-deals-to-vacate-dam-site-109569/

EU market could tap into tapioca

Local agro-industrial conglomerate Mong Reththy Group is negotiating a new partnership that would send large-volume shipments of Cambodian cassava products to Europe for the first time. ...

Sor Chandara
http://www.phnompenhpost.com/business/eu-market-could-tap-tapioca

Claims of Cambodia outpacing VN's garment exports denied

Recently, several local newspapers reported that Cambodia surpassed Viet Nam to become the fifth largest exporter of garment and textile products to the EU. ...

Vietnam Net Team
http://english.vietnamnet.vn/fms/business/152094/claims-of-cambodia-outpacing-vn-s-garment-exports-denied.html

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