Industries

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 ...

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. ...

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 ...

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. ...

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 ...

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. ...

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

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. ...

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 ...

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 ...

The Federation of Associations for Small and Medium Enterprises of Cambodia is planning to propose that the government set up special economic zone (SEZ) for small and medium-sized sized enterprises (SMEs) so that they can work in clusters, saying this will enhance their productivity, increase ...

Police, navy and civilian vessels sped to the rescue of eight people stranded 18 kilometres off the coast of Sihanoukville yesterday morning after the speedboat in which they were travelling to Koh Rong was sunk by rough seas. ...

The Seabourn Sojourn, a luxury liner operated by US-based Seabourn Cruise Line Ltd, arrives at Sihanoukville port this morning, delivering hundreds of well-heeled tourists to what industry experts say is a backwater market that is increasingly on cruise ship itineraries, yet still falls short of ...

India is looking to ease its visa regime for ASEAN nations in a bid to increase Buddhist tourist arrivals – travellers looking to visit Buddhist heritage sites – to the country, India’s vice president said. ...

The Association for Rubber Development in Cambodia will submit a letter to the government asking it to suspend export taxes on rubber due to the sharp decline in its price and to prevent more farmers from going out of business, its secretary general, Men Sopheak, ...

Cambodia attracted the fixed asset investment of 319.4 million U.S. dollars from its ASEAN member states in 2015, up 56 percent from a year earlier, according to a government report on Tuesday. ...

Cruise tours will be a type of potential tourism, while Sihanouk was placed in the map of ASEAN Cruise Tourism Line, as part the promotional campaign jointly Cruise Southeast Asia – Feel the Warmth, which officially announced on 22 January 2016 at the Tourism Forum ...

The government yesterday ordered all fences blocking public access along Independence Beach in Sihanoukville to be dismantled as part of a continuing campaign to remove private encroachments on the coastal city’s public beaches. ...

South Korean investment in Cambodia’s agricultural industry, especially its food-processing sector, could result in the export of more value-added products that could help transform the Kingdom’s economy, a senior official at the Council for the Development of Cambodia and Korean officials told an investment forum ...

The total value of exports from the garment, footwear and other factories rose 17 percent year on year to $7.1 billion last year, according to a report from Ministry of Industry and Handicraft released yesterday.   ...

Having managed various businesses in Cambodia for more than two decades now, Rithy Sear has earned a reputation for being ambitious, and rightly so. ...

Despite warnings that an oversupply of luxury condominiums is imminent due to the number of new projects being built, a leading Japanese investor in the property sector in Cambodia says the market remains very attractive because two decades of strong economic growth are fuelling demand ...

A new five-year plan is being drafted to woo more Chinese tourists to the Kingdom, following a surge in visitors from the world’s most populous nation, Tourism Minister Thong Khon said yesterday. /Sum Manet ...

Cambodia’s tourism industry is expanding beyond the iconic temples of Siem Reap and its white-sand beaches to the country’s little-explored northeast, with domestic tourists leading the surge, provincial data showed yesterday.  ...