Industries

Malaysia’s Sunway in $220 mil regional expansion

Malaysian-owned Sunway Hotels & Resorts will spend $223 million in a redevelopment and expansion plan on its hotels in Malaysia, Cambodia and Vietnam within three years, according to Malaysian media. ...

May Kunmakara
http://www.khmertimeskh.com/news/23471/malaysia---s-sunway-in--220-mil-regional-expansion/

Crowded capital ‘badly needs more satellite cities’

The Cambodian Construction Association yesterday urged authorities to plan and develop more satellite cities as the population in the capital increases rapidly, straining services and infrastructure. ...

Sum Manet
http://www.khmertimeskh.com/news/23473/crowded-capital----badly-needs-more-satellite-cities---/

Royal group seals $10 million loan for Koh Rong project

The Royal Group conglomerate has signed off on a $10 million loan from the Bangkok-based Export-Import Bank of Thailand (EXIM Thailand) for the construction of a five-star hotel and resort in Koh  Rong Island. ...

May Kunmakara
http://www.khmertimeskh.com/news/23401/royal-group-seals--10-million-loan-for-koh-rong-project/

Indian firm considers setting up fun park

Pan India Paryatan Pvt Ltd (PIPPL), the owner of Mumbai-based EsselWorld, one of India’s largest amusement parks, has shown interest in developing a theme park in Cambodia after a meeting with the minister of tourism late last week. ...

Sor Chandara
http://www.phnompenhpost.com/business/indian-firm-considers-setting-fun-park

Opening Preah Vihear border will hurt business: tourism operator

The government may reopen the border gate in front of Preah Vihear temple in a bid to strengthen ties with Thailand as diplomatic relations improve, but local tourism operators are concerned the move would hurt their business. ...

Chea Vannak
http://www.khmertimeskh.com/news/23232/opening-preah-vihear-border-will-hurt-business--tourism-operators/

Government approves Sihanoukville ‘Casino city’ plans

Malaysia-based company SV International was granted permission by the Council of Ministers earlier this month to begin the initial stage of grand plans to turn part of Sihanoukville into a “casino city,” an official confirmed.   ...

Hannah Hawkins and Ben Sokhean
https://www.cambodiadaily.com/news/government-approves-sihanoukville-casino-city-plans-110478/

Imports of construction materials rise but costs stable

Imports of construction materials grew dramatically last year compared with the year before due to strong demand, while the prices of imported goods declined. ...

Sum Manet
http://www.khmertimeskh.com/news/23189/imports-of-construction-materials-rise-but-costs-stable/

Up to 40% of Ta Khmao development sold

Up to 40 percent of the $100 million River Premium Development Company, a joint venture between local partners and Malaysian investors, has been completed and sold, said Houn Heng Eriya, the sales manager of the project in the city center of Ta Khmao. ...

Sum Manet
http://www.khmertimeskh.com/news/23188/up-to-40--of-ta-khmao-development-sold/

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/

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