Industries

Research may alter accepted history of Angkor’s end

Research released on Monday in the Journal of Archaeological Science may lead to whole chapters of Cambodia’s history being rewritten. ...

Michelle Vachon
http://www.cambodiadaily.com/news/research-may-alter-accepted-history-of-angkors-end-113999/

Boom time for construction sector

The construction sector in the Kingdom is booming with total investment skyrocketing to $832.2 million this month compared to $39.7 million last June, according to latest figures from the Ministry of Land Management, Urban Planning and Construction. ...

Sum Manet
http://www.khmertimeskh.com/news/25983/boom-time-for-construction-sector/

Angkor Wat ticket sales stagnating

Angkor Wat temple, Cambodia’s prime tourist attraction, experienced nearly stagnant growth for the first five months of this year, according to data released by Angkor Institution yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/angkor-wat-ticket-sales-stagnating

GTI profits rise 157 per cent

After posting an overall decline in profit of 70 per cent in 2015, Grand Twins International (GTI), the only publicly traded garment firm, reported bullish earnings for the first quarter of this year signalling hope that the manufacturer could launch a winning streak. ...

Kali Kotoski
http://www.phnompenhpost.com/business/gti-profits-rise-157-cent

Talks over garment factory’s closure bear no fruit

The Ministry of Labour met with Malaysian-owned Global Apparels Limited factory representatives, union officials and workers yesterday, to negotiate an agreement for compensation as the company closes down.    ...

Sen David
http://www.phnompenhpost.com/national/talks-over-garment-factorys-closure-bear-no-fruit

CAMFOOD expo set to bring in foreign goods

The fifth annual CAMFOOD and CAMHOTEL expo is scheduled for October 22 and will mostly feature foreign companies, giving local companies the opportunity to learn from foreign business practices as well as showcase their own products, industry leaders announced yesterday.   ...

Ayanna Runcie
http://www.phnompenhpost.com/business/camfood-expo-set-bring-foreign-goods

Eco Park, Maybank in deal

The Singapore investor of Le Urban Eco Park, an ecologically-friendly satellite city, and Maybank have reached a deal to sell residential apartments and shop buildings in the park as the project nears completion by the end of the year. ...

Chea Vannak
http://www.khmertimeskh.com/news/25913/eco-park--maybank-in-deal/

Hyundai Engineering wins $120mn order to build a mall in Cambodia

South Korea’s Hyundai Engineering won a $120 million deal from a Japanese retail giant Aeon Co. to build a shopping mall in the Kingdom of Cambodia, a deal that is expected to help the Korean engineering company that has been focusing on plant construction diversify ...

Lee Han-na
http://pulsenews.co.kr/view.php?year=2016&no=407384

US, allies provide humanitarian aid in Cambodia

About 80 U.S. troops are in Cambodia for Pacific Angel 2016, an annual humanitarian-aid mission that runs through June 18. ...

Stars and Stripes
http://www.stripes.com/news/us-allies-provide-humanitarian-aid-in-cambodia-1.413676

Thai SEZ eyes Cambodia

The Thai government plans to build a special economic zone (SEZ) worth about $141.6 million in Sa Kaeo, which borders the Kingdom’s Banteay Meanchey and Battambang provinces, to serve SMEs that aim to expand their business into Cambodia, according a Thai media report. ...

Sum Manet
http://www.khmertimeskh.com/news/25858/thai-sez-eyes-cambodia/

Economic zone reaches milestone

The Sihanoukville Special Economic Zone (SSEZ) jointly operated by a China-based conglomerate and the Cambodia International Investment Development Group Co. Ltd reached a milestone yesterday with the 100th factory set up to operate in the economic and trade cooperation zone. ...

Chea Vannak
http://www.khmertimeskh.com/news/25859/economic-zone-reaches-milestone/

More protests over factory closing

Almost 600 garment workers from the Malaysian-owned Global Apparel Limited garment factory protested yesterday morning by marching from the factory to another branch 200 meters away, demanding the owners end all worker contracts at the same time. ...

Mom Kunthear
http://www.khmertimeskh.com/news/25824/more-protests-over-factory-closing/

Nearly 3,000 shirts stolen in factory heist

Police are searching for a gang of thieves who cut through the wall of a garment factory in Kompong Speu province on Thursday before making off with nearly 3,000 shirts, according to police.   ...

Buth Kimsay
https://www.cambodiadaily.com/news/nearly-3000-shirts-stolen-in-factory-heist-113434/

Highest hotel in Sunshine City

The highest hotel complex in Phnom Penh city will soon make its debut with ample parking space for all its guests and visitors. The complex, Ding Li Sunshine City, will be 37 stories high with four levels of underground parking, said its developer Ding Li ...

Sum Manet
http://www.khmertimeskh.com/news/25725/highest-hotel-in-sunshine-city/

Big investments can succeed in Cambodia - Nagaworld

NagaWorld has just celebrated its 21st anniversary since its inception on May 1, 1995, and sited near the beautiful Mekong River in the capital city of Phnom Penh, NagaWorld is the biggest integrated entertainment resort in the Mekong region. ...

Khmer Time Team
http://www.khmertimeskh.com/news/25642/big--investments-can-succeed--in-cambodia---nagaworld/

Cambodia to seek patent membership

Cambodia is planning to be a member of the Patent Cooperation Treaty (PCT) to protect the intellectual property rights of foreign products coming into the Kingdom. This, a high ranking government official said, will shore up investor confidence and attract more foreign investment to the ...

Chea Vannak
http://www.khmertimeskh.com/news/25601/cambodia-to-seek-patent--membership/

New building, broken promises at Borei Keila

A decade ago, powerful businesswoman Suy Sophan promised to build 10 apartment blocks for residents of Phnom Penh’s Borei Keila neighborhood who faced eviction to make way for her real estate project. She only built eight, leaving hundreds of residents without a home.   ...

Khuon Narim
https://www.cambodiadaily.com/news/new-building-broken-promises-at-borei-keila-113303/

Cambodia, Macao ink tourism pact

The Ministry of Tourism signed a memorandum of understanding (MoU) with Macao to boost the Kingdom’s tourism industry and train personnel in the sector. ...

Sum Manet
http://www.khmertimeskh.com/news/25554/cambodia--macao-ink-tourism-pact/

Taiwan firms seek local partners

A group of companies from Taiwan are seeking joint ventures with partners in Cambodia, to export products and services to the Kingdom, amidst growing investor confidence that the Mekong country is developing in almost all sectors. ...

Chea Vannak
http://www.khmertimeskh.com/news/25508/taiwan-firms-seek-local-partners/

China developer eyes satellite city

The property behemoth in Phnom Penh has attracted a top China-based developer, Country Garden Holdings Co. Ltd, which seems keen to invest in the building of a modern satellite city that can accommodate two million people in the Kingdom. Yang Guoqiang, Chairman of Country Garden ...

Sum Manet
http://www.khmertimeskh.com/news/25509/china-developer-eyes-satellite-city/

Construction law being built

A draft construction law has been completed and will soon be submitted to the Council of Ministers and may be enacted by the end of the year, but there needs to be a discussion and more feedback before sending it to the government to be ...

Sum Manet
http://www.khmertimeskh.com/news/25469/construction-law-being-built/

Garment factory owners warn of falling productivity

The Garment Manufacturers Association in Cambodia (GMAC) claims falling productivity levels and rising infrastructure costs in the Kingdom’s garment sector could put the country at a disadvantage with its neighbouring competitors.   ...

Bun Sengkong and Yesenia Amaro
http://www.phnompenhpost.com/national/garment-factory-owners-warn-falling-productivity

Water festival boat races to return in 2016: Hun Sen

Prime Minister Hun Sen announced on Wednesday that the country would resume holding a three-day Water Festival this year after canceling the annual festivity four times in the past five years.   ...

Kuch Naren
https://www.cambodiadaily.com/brief/113056-113056/

Angkormilk factory launched

Cambodia’s first milk manufacturing plant, which aims to dominate the domestic dairy market, officially launched production operations yesterday after a ribbon-cutting ceremony held at the factory’s home in Phnom Penh SEZ. ...

Kali Kotoski
http://www.phnompenhpost.com/business/angkormilk-factory-launched

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