Industries

Despite strong growth in investment in the construction sector, investors, builders and developers still largely neglect insurance on projects, industry and government officials say.​ ...

Bell Helicopter, a Textron Inc. company, announced it has signed a letter of intent with VIP Jets Ltd. for the first Bell 505 Jet Ranger X in Cambodia. This is also the first Bell Helicopter aircraft signed for in Cambodia. ...

The reconstruction of the Stung Treng market, which was destroyed in a massive fire that was sparked in a jewelry shop on April 7, started yesterday, according to provincial officials. ...

Chinese agro firm Rui Feng (Cambodia) International Company began operations at its 360-million-U.S.-dollar sugar production factory here on Tuesday after spending nearly two years for construction.​ ...

Singapore-listed HLH Group Ltd will invest $10 million in an agricultural food processing park, which is due to be fully operational next year, the Singapore Business Review reported yesterday. The 400-hectare park will be in Kampong Speu province’s Oral district, said Kim Koung, an official of ...

The number of tourists visiting provinces during the four days of Khmer New Year jumped 7.6 percent from last year as infrastructure, transport links and the number of nature resorts rise. ...

Siem Reap’s Angkor Sangkranti festival this year was a big success with foreign tourist arrivals up almost nine percent to 29,500 over the four-day holiday from last year, the provincial tourism department said. ...

Outdoor tables and chairs belonging to bars and restaurants on Sihanoukville’s Serendipity Beach were removed by local authorities on Tuesday as part of a campaign to beautify the city’s beaches by ridding them of illegal commercial activity, an official said on Wednesday. ...

Tourism authorities in Siem Reap are anticipating that more than a million tourists will descend on the temple town for the Angkor Sangkran festival, the country’s biggest cultural attraction over the Khmer New Year holiday. ...

After issuing a public health warning earlier this month for Kep province due to an algal bloom in the coastal water, the government on Friday lifted its precautionary ban on swimming, fishing and eating seafood in the province, according to a statement.   ...

China’s Prince Real Estate plans to invest $250-$300 million in a new project on Norodom Blvd. The new project will begin after the completion of the current condominium project which began last year and is due to be finished in 2018. Li Min, president of Prince Real ...

Cambodia’s Tourism Ministry has requested the government to allow visa on arrival for Russian citizens, The Khmer Times reported on April 6. ...

After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced yesterday that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on April 18 and hold a public roadshow ...

With incomes and the middle class growing, Cambodians are spending even more this year on foreign trips for the Khmer New Year holiday, tour operators said yesterday. ...

Vietnamese dairy giant Vinamilk has appointed Angkor Dairy Products Co Ltd as the official distributor of Vinamilk products in Cambodia following the closure of its local representative office last month. ...

Siem Reap is gearing up for this year’s Angkor Sankranti from April 14 to 16 and hopes to attract more than the almost one million people who visited last year, with hotels and guesthouses already being booked out. Ang Seila, manager of Reserve and Duty at ...

Nagacorp Ltd, the Cayman Islands-registered operator of Cambodia’s NagaWorld casino and hotel complex, recorded $153.8 million in gross gaming revenue during the first quarter of 2016, a 35 per cent increase over the same period last year. ...

At what should be a boom time ahead of the New Year, seafood vendors in Kampot have full baskets but no buyers as the algae bloom around Kep turns the water bright green and dead fish wash ashore. The government has issued a warning against swimming ...

Cambodia will host this year’s Mekong Tourism Forum in Sihanoukville in July, TravelNewsAsia reported yesterday. The six member countries of the Greater Mekong Sub-Region (GMS) have banded together to jointly promote sub-regional tourism and the GMS as a single destination, focusing on “authentic experiences along the ...

The increase in the government-set minimum wage in the garment sector and lower prices have hit the bottom line of Grand Twins International (GTI), the only company in the sector listed on the stock exchange. The company yesterday reported revenue for the year ended December 31 ...

A South Korean consul will open in Siem Reap by May to provide services for Korean citizens visiting Cambodia and for those wishing to visit South Korea. Siem Reap is home to the ancient temples of Angkor and large numbers of South Koreans visit the city ...

A Thai privilege card program that costs nearly $15,000 to join is banking on Cambodia’s robust yet deeply polarised economy to provide up to 60 new card members a year. ...

Revenue from ticket sales to foreign tourists visiting Cambodia’s famed Angkor archaeological park reached 20.3 million U.S. dollars in the first quarter of 2016, up 2.5 percent compared to the same period last year, according to an official statement on Friday. ...

Cambodia’s schoolchildren could soon attend class in unusually luxurious buildings if Prime Minister Hun Sen has his way. Yesterday the premier granted the government’s entire stockpile of illegally-felled timber – some of which is highly sought after rosewood – to the Ministry of Education to ...