Industries

Development fears at Cambodia's most beautiful beach

Dozens of independent bungalows at one of Cambodia’s most unspoiled beaches are to be bulldozed with weeks, raising fears that a “soulless” mega-resort will replace them. ...

Nathan Thompson
http://www.telegraph.co.uk/travel/destinations/asia/cambodia/articles/otres-beach-cambodia-threatened-by-development/

Ticket sales for Angkor Wat to go online

A new online ticketing system for the Kingdom’s biggest tourist draw, Angkor Wat, will be introduced to provide faster and convenient service to tourists, while increasing the transparency and clarity of ticket sales revenues.   ...

Sor Chandara
http://www.phnompenhpost.com/business/ticket-sales-angkor-wat-go-online

Surge in new product standards as tariffs fall

A recent surge in the development of national standards for manufactured goods and food products is creating more opportunities for local products in regional markets, a government official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/surge-new-product-standards-tariffs-fall

City hall planning to privatize 280-hectare development site

City Hall plans to privatize a 280-hectare plot of public land set aside for a $3 billion development by the Over­seas Cambodia Investment Cor­poration (OCIC) in Phnom Penh’s Chroy Changva district, officials said Thursday.   ...

Khuon Narim
https://www.cambodiadaily.com/news/city-hall-planning-to-privatize-280-hectare-development-site-109413/

105 Chinese arrested at senator’s Poipet casino

More than 100 Chinese nationals believed to be wanted for crimes in their home country were arrested on Wednesday at a CPP senator’s casino in Poipet City, which had to be shut down during the operation, police said. ...

Saing Soenthrith
https://www.cambodiadaily.com/news/105-chinese-arrested-at-senators-poipet-casino-109327/

Cassava, rubber processing plants being mulled: official

Japan may import cassava and rubber from Cambodia and investors from the country are considering building processing plants for the two commodities here, according to a senior official at the Agriculture Ministry. ...

Sok Chan and May Kunmakar
http://www.khmertimeskh.com/news/22128/cassava--rubber-processing-plants-being-mulled--official/

Construction jobs doubled last year: ministry

The construction sector created almost twice as many jobs last year as it did in 2014, according to a report from the Ministry of Land Management, Urban Planning and Construction. ...

Sum Manet
http://www.khmertimeskh.com/news/22067//

Cambodia’s textile market share outdoes Vietnam’s in European Union

Although Vietnam was ranked among the top ten in apparel exports to the European Union in 2015, it was outperformed by one of its neighboring countries. ...

Tuoi Tre News's team
http://tuoitrenews.vn/business/33470/cambodias-textile-market-share-outdoes-vietnams-in-european-union

Tuol Sleng exhibition to tell stories of forced marriage

Every day, hundreds of tourists flock to the Tuol Sleng Genocide Museum to hear macabre stories of killings and torture carried out inside the prison once at the heart of the Khmer Rouge’s security apparatus.   ...

George Wright
https://www.cambodiadaily.com/news/tuol-sleng-exhibition-to-tell-stories-of-forced-marriage-109152/

Donaco dumps its new junket operator

Donaco International Ltd has terminated its junket deal with Macau VIP gaming promoter Heng Sheng Group, saying the arrangement proved too restrictive for the marketing of its flagship Star Vegas Resort and Club in Poipet. ...

Cam McGrath
http://www.phnompenhpost.com/business/donaco-dumps-its-new-junket-operator

With job cuts on horizon, factory’s staff walks

Roughly 2,000 workers from the Malaysian-owned Global Apparels Limited garment factory in Phnom Penh went on strike yesterday after the factory announced it would be reducing staff numbers by 500 over the coming months, union representatives said yesterday. ...

Sen David
http://www.phnompenhpost.com/national/job-cuts-horizon-factorys-staff-walks

Kampot to get new port

Construction of a seaport in Kampot is set to begin this year two years after being approved thanks to an $18 million loan from the Asia Development Bank (ADB), according to officials. ...

Sok Chan
http://www.khmertimeskh.com/news/21768/kampot-to-get-new-port/

Developers ink master plan for central business district

Australian-listed property developer Kingsland Global Ltd has entered into a master cooperation agreement with a subsidiary of local developer Shukaku Inc to develop 10,000 square metres of prime real estate in Phnom Penh’s “central business district”, it announced Friday in a filing to the ASX. ...

Kali Kotoski
http://www.phnompenhpost.com/business/developers-ink-master-plan-central-business-district

New body to protect Koh Ker

Local authorities in Preah Vihear province are teaming up with the Apsara Authority to protect the 8,100 hectares of land surrounding the Koh Ker archaeological site, which they say is under threat from illegal loggers and intrusive settlers. ...

Kong Meta
http://www.phnompenhpost.com/national/new-body-protect-koh-ker

Highland project launches land sales

The Highland De’ Canal project on the northern outskirts of the capital has launched its land sales on its 100 hectare side, with the first phase of sales offering 36 hectares at $80 to $90 per square meter, Khing Vannak, a major shareholder in the ...

Sum Manet
http://www.khmertimeskh.com/news/21603/highland-project-launches-land-sales/

Ministry rolls out red carpet for Japanese investors

Government officials are encouraging Japanese investors to channel more funding into the country’s booming construction and property development market, with the Ministry of Land Management, Urban Planning and Construction rolling out the red carpet for them. ...

Sum Manet
http://www.khmertimeskh.com/news/21602/ministry-rolls-out-red-carpet-for-japanese-investors/

Koh Rong Samloeun’s Asia-driven tourism boom

Just four years ago, the white sand beach at Koh Rong Samloeun’s Saracen Bay was empty. Now workers can be seen scrambling over the frames of new bungalows along the shoreline, and speed boats arrive hourly from the mainland to drop off crowds of tourists ...

Jonathan Cox
http://www.khmertimeskh.com/news/21542/koh-rong-samloeun---s-asia-driven-tourism-boom/

133-story twin towers get initial approval

The government is reviewing a mammoth $1-billion proposal by the Thai Boon Roong Group to build twin commercial skyscrapers in Phnom Penh which, if constructed, would be among the world’s tallest buildings. ...

Kang Sothear
https://www.cambodiadaily.com/news/133_story_towers_approved-108645/

Time to outgrow garment manufacturing, gov’t advisor says

As the ASEAN Economic Community (AEC) raises Cambodia’s profile as a member of one of the world’s largest trade zones, investors around the world are considering Cambodia as a gateway to the region and it should take advantage of this opportunity by diversifying its economic ...

Chea Vannak
http://www.khmertimeskh.com/news/21466/time-to-outgrow-garment-manufacturing--gov---t-advisor-says/

Kingdom’s airlines adjusting course due to slower tourism

Tighter competition and a slowdown in international tourism growth has prompted airlines registered in Cambodia to scale back their fleet expansion plans and shift focus to serving the more promising Chinese tourist market, new research shows. ...

Cam McGrath and Sor Chandara
http://www.phnompenhpost.com/business/kingdoms-airlines-adjusting-course-due-slower-tourism

Cambodia approves legislation to attract MSAR investors

The government of the Southeast Asian kingdom wants to increase the number of Chinese tourists, with Macau investors perceived as a major catch.   ...

João Santos Filipe
http://macaubusinessdaily.com/Gaming/Cambodia-approves-legislation-to%C2%A0attract-MSAR-investors

Siem Reap tourist traffic dips 9% in 2015

The number of international tourists visiting Siem Reap fell 9 per cent last year compared with 2014, largely on a decline in European visitor arrivals, a tourism official said yesterday. ...

Sor Chandara and Ayanna Runcie
http://www.phnompenhpost.com/business/siem-reap-tourist-traffic-dips-9-2015

‘Second-home Policy’ aims to entice more tourists

With a surge in visitors from the world’s most populous nation, the government is preparing a “second-home policy” to encourage more Chinese tourists to visit and stay longer, and for those who have already visited to do so more often, Deputy Prime Minister Keat Chhon ...

Sum Manet
http://www.khmertimeskh.com/news/21219/---second-home-policy----aims-to-entice-more-tourists/

Cambodia aims higher in manufacturing sector

After decades of solid growth driven by its garment industry, Cambodia is seeking to shift its economy into more sophisticated light manufacturing, such as electronics and auto-parts. Most of these manufacturers are Japanese and they are slowly coming online in Cambodia’s special economic zones, aiming ...

Daniel De Carteret, Chan Muyhong
http://www.voanews.com/content/cambodia-aims-higher-in-manufacturing-sector/3184557.html

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