Industries

This year’s Sea Festival, held for the first time in Kampot last weekend, attracted over 300,000 visitors and generated more than $15 million in revenue for the local community, tourism minister Thong Khon said yesterday. ...

The largest port in the Kingdom, Sihanoukville Autonomous Port, will list on the Cambodia Securities Exchange (CSX) in the first half of next year, its director general Lou Kim Chhun said yesterday. ...

Deputy Prime Minister Sar Kheng has sought to reassure residents of Koh Rong, an island off the coast of Preah Sihanouk province that has been leased to a local tycoon, that they would not be adversely affected by planned development projects. ...

The Royal Group, in partnership with a Thailand-based Swiss investor, will build a 148-room five-star hotel on Preah Sihanouk’s Koh Rong island, with the group having completed a ground-breaking ceremony on Saturday. ...

As the number of boutique hotels rises rapidly in Phnom Penh, hoteliers say they have seen their occupancy rates drop this year due to the increased offerings – as well as the economic downturn in Europe and terrorism scares in the region.  ...

Adidas, one of the country’s biggest garment buyers, says it will expand production in Cambodia over the next five years as part of its pivot away from China to lower-cost producers in Southeast Asia. ...

Garment and footwear industry stakeholders yesterday converged in Phnom Penh to discuss how to develop the sector to be sustainable and competitive.Run by the French Development Agency (AFD), the textiles conference at the capital’s Sunway Hotel heard that improving employees’ living and working standards, and ...

Revenue from ticket sales for foreign visitors to the Angkor Wat temple complex rose slightly in the first 11 months of this year to $53.5 million, a 1.15 percent rise over the same period last year, the government agency that manages Angkor Archaeological Park said ...

A unit of domestic conglomerate Chip Mong Group, Chip Mong Insee Cement, has signed a partnership agreement with China’s CITIC Heavy Industries Co. Ltd. to build a $262 million cement plant in Kampot province, with construction slated to start next year.  ...

China’s leading cement equipment manufacturer and service provider CITIC Heavy Industries Company on Saturday secured an engineering, procurement and construction (EPC) contract from a Cambodian conglomerate to build a $262 million cement plant in Cambodia. ...

Cambodia on Friday released a TV spot to promote the “code of conduct” for tourists visiting the famed Angkor Wat Temple in northwestern Siem Reap province. ...

Residents living next to a sewage canal in Chomchao commune are concerned about their safety after the walls containing the canal and the ground around it began to collapse when contractors began work on a nearby construction site. ...

The South Korean company behind the long-stalled Gold Tower 42 has again promised to resume construction on the $240-million skyscraper in Phnom Penh, telling officials from the Ministry of Land Management that work would proceed this month and wrap up in 2018. ...

Camera-wielding visitors to the iconic temples of the Angkor Archaeological Park in Siem Reap province will have to take extra care before clicking away now that the government has imposed new rules—effective immediately—for anyone aiming to make money off of their images. ...

Protesting working conditions, nearly 300 garment workers in Kampong Speu’s Chbar Mon town entered their tenth day of strikes yesterday as the Arbitration Council prepared paperwork to resolve the dispute. ...

The Ministry of Labour has urged the arrest of the “mastermind” behind an apparently spurious rumour spreading across shop floors that garment factories would close their doors for the entire month of December. ...

Infrastructure in Cambodia is not as well developed as in neighbouring Thailand and Vietnam, and floods and poor roads make travel challenging during the monsoon season, from May to October, but cheap frequent bus services, a good domestic airline and easygoing locals make travelling here ...

A new VIP gambling room at the Star Vegas Resort and Club casino in Poipet raked in nearly $700,000 in revenue during its first full month of operation, its management announced yesterday.Joey Lim, managing director of Australian casino operator Donaco International Ltd, said the new ...

This year’s subdued Water Festival festivities in the capital, where traditional boat races were cancelled, has resulted in a bump in tourism in the provinces as Cambodians use the three-day holiday to visit their families, enjoy cultural activities and lounge on beaches.“It was unusually quiet ...

By 8 a.m. on Tuesday, ornately decorated boats were already gliding down the Siem Reap River while other paddlers lounged on its shaded banks in preparation for the races at the center of this year’s biggest Water Festival celebration. ...

The government has vowed to crack down on coastal hotels and resorts that have restricted public access to beaches or constructed illegal encroachments within 50 metres of the shoreline.Tourism Minister Thong Khon warned yesterday that his ministry will give private companies a deadline to remove ...

Cambodian conglomerate Royal Group yesterday signed a $1.5 billion memorandum of understanding with Chinese conglomerate Herun Group to establish a real estate development company in Cambodia, invest in other sectors, and possibly list units of Royal Group on stock exchanges in China, executives from the ...

With the real-estate boom entering its fourth year banks and developers are eager to expand credit to the sector, though regulators say they are monitoring lending for real estate for signs of a bubble and are taking preemptive measure to minimize risks that could affect ...

Officials say a pair of Chinese companies have started construction on two residential building projects in Phnom Penh’s Chamkar Mon district without proper authorization and have ordered them to cease work immediately. ...