Industries
Cambodia tourist target under challenge
A Cambodian plan to attract 5 million tourists to the country in 2015 is hanging in the balance despite a rise in the first half of this year. Cambodia set 5 million tourists as the target this year, an increase from 4.5 million last year. ...
Bangkok Post News Staff
http://www.bangkokpost.com/news/asean/654708/cambodia-tourist-target-under-challenge
Cambodian casino operator NagaCorp reports net profit growth of 49%
As Macau casinos are showing continuous drop of revenue, Australian and Cambodian casinos don’t seem to have the same problem. The latest casino operator to reveal an impressive growth of net profit is NagaCorp Ltd. The Group reported an increase in profit of 49% ($101 ...
Alex Lanter
http://news.worldcasinodirectory.com/cambodian-nagacorp-casino-operator-reports-net-profit-growth-of-49-11757
Tourist arrivals in first half rise
Cambodia welcomed around 2.3 million people for the first half of this year, up 4.6 per cent compared to the same period last year, amid concerns from the tourism minister that the Kingdom may not reach its target of 5 million arrivals for 2015. ...
Sor Chandara
http://www.phnompenhpost.com/business/tourist-arrivals-first-half-rise
Weighing risk and reward on construction sites
As the booming construction sector attracts more rural Cambodians to seek employment in the capital, the different working conditions between high-rises in urban areas and borey developments have factored into varying degrees of earning potential and living standards.According to estimates by the Ministry of Land ...
Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/weighing-risk-and-reward-construction-sites
Falling currencies may threaten Tourism
The fall in value of multiple Asian currencies is making some analysts worry the dampening effect this might have on tourism to Cambodia. ...
Igor Kossov
http://www.khmertimeskh.com/news/14330/falling-currencies-may-threaten-tourism/
Request to stop Indian temple moot as not Angkor Wat copy
Foreign Minister Hor Namhong on Tuesday informed Indian Ambassador Dinesh Patnaik that Cambodia wants plans to build an Angkor Wat replica in that country scrapped entirely, ministry spokesman Chum Sunry told reporters after a meeting between the two officials to mark Mr. Patnaik’s last day ...
Aun Pheap and Simon Henderson
https://www.cambodiadaily.com/news/request-to-stop-indian-temple-moot-as-not-angkor-wat-copy-91443/
Garment factories vote to freeze minimum wage
A majority of members of the Garment Manufacturers Association in Cambodia, which represents the country’s more than 500 exporting garment factories, have voted against any raise to their workers’ minimum wage next year. ...
Zsombor Peter
https://www.cambodiadaily.com/news/garment-factories-vote-to-freeze-minimum-wage-91436/
Cambodia receives 2.3 mln foreign tourists in 1st half of 2015
Cambodia attracted about 2.3 million foreign visitors in the first six months of 2015, an increase of 5.6 percent compared with the same period last year, Tourism Minister Thong Khon said Tuesday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-08/11/c_134504960.htm
Union Law worries garment sector investors from Hong Kong
A visiting delegation from the American Chamber of Commerce in Hong Kong, which handles tens of billions of dollars in regional investment, says it raised concerns about the low threshold for forming unions in a pending new law during meetings with government officials Monday. ...
Zsombor Peter
https://www.cambodiadaily.com/business/union-law-worries-garment-sector-investors-from-hong-kong-91376/
Thai visa plan expected to push Cambodia tourism
Aiming to boost tourism numbers in its own country, Thailand has approved a multiple-entry visa that will allow tourists to leave and re-enter the country several times during a six month period, the Bangkok Post reported yesterday. ...
Ayanna Runcie and Hang Sokunthea
http://www.phnompenhpost.com/business/thai-visa-plan-expected-push-cambodia-tourism
China to prepare master plan for Cambodia’s new roads
The Transportation Ministry this week inked a $644,000 deal with a Chinese firm for a master plan to lay out Cambodia’s needs for new roads over the next several years. ...
Zsombor Peter and Buth Kimsay
https://www.cambodiadaily.com/news/china-to-prepare-master-plan-for-cambodias-new-roads-91107/
Airport bribes continue to plague visitors
International visitors to Cambodia are still being asked to hand over small bribes upon entering the country, despite promises over the past few years to stamp out the practice, the head of a tourism working group said he told the government during his last meeting ...
Huot Chanpav and Simon Henderson
https://www.cambodiadaily.com/news/airport-bribes-continue-to-plague-visitors-90755/
5,000 trees planted to reforest Angkor
About 5,000 trees were planted in Angkor Archaeological Park this summer, part of effort to combat severe deforestation of native tree species in Cambodia’s forests. ...
Naomi-Collett Ritz
http://www.khmertimeskh.com/news/14050/5-000-trees-planted-to-reforest-angkor/
Ticket sales at temples tracking to last year
Year-on-year ticket sales at Angkor Wat have remained flat for the first seven months of2015, while visitor numbers to the historic site dipped by two per cent, data from Apsara Authority shows. ...
May Kunmakara
http://www.phnompenhpost.com/business/ticket-sales-temples-tracking-last-year
China overtakes S. Korea to become largest tourist source of Cambodia's Angkor
China has overtaken South Korea to become the largest tourist source of Cambodia’s Angkor world heritage site, Cambodia’s state-run Agence Kampuchea Press (AKP) reported on Monday, citing a senior tourism official. ...
Ecns.cn News Staff
http://www.ecns.cn/2015/08-04/175675.shtml
NOCC draws up plan for 2023 SEA games
The National Olympic Committee of Cambodia (NOCC) has drawn up a master plan for the 2023 SEA Games, kick-starting official preparations to ensure that the country is ready to host the region’s most important sporting event, NOCC Secretary-General Vath Chamroeun said Monday. ...
Simon Henderson and Aun Chhengpor
https://www.cambodiadaily.com/news/nocc-draws-up-plan-for-2023-sea-games-90599/
Chinese tourists overtake S Koreans at Angkor
China has overtaken South Korea to become the largest tourist source to at the Angkor world heritage site, state-run Agency Kampuchea Press (AKP) reported yesterday. ...
Agence Kampuchea Press team
http://www.khmertimeskh.com/news/14009/chinese-tourists-overtake-s-koreans-at-angkor/
Workers due to end walk-out
Some 300 garment workers were due to end their strike today following three days of protest and negotiations with GIN-SOVAN Fashion Cambodia Limited factory management. ...
Pech Sotheary
http://www.phnompenhpost.com/national/workers-due-end-walk-out
Competition is tough: GMAC
A report released yesterday by the Garment Manufacturers Association of Cambodia claims that the Kingdom is having difficulties competing against its neighbours due to low productivity, increasing wages and labour strife. ...
Charles Rollet
http://www.phnompenhpost.com/business/competition-tough-gmac
Sihanoukville beach vendors ordered to move
Authorities in Sihanoukville have ordered 26 vendors on O’chheuteal Beach to move their stalls away from the popular stretch of sand by Saturday next week in the interest of “aesthetic beauty” or face eviction. ...
Aun Chhengpor
https://www.cambodiadaily.com/news/sihanoukville-beach-vendors-ordered-to-move-90207/
Lawmaker calls for action on ‘anarchic religious tourists’
Yem Ponhearith, chairman of the National Assembly’s commission on religious affairs, culture and tourism, on Thursday told a workshop that arrivals of “anarchic religious tourists” from Vietnam are harming Cambodia’s religious harmony. ...
Khuon Narim
https://www.cambodiadaily.com/news/lawmaker-calls-for-action-on-anarchic-religious-tourists-90223/
Russian arrested over erratic behavior, knives
Police in Sihanoukville on Thursday arrested a 61-year-old Russian man they deemed a danger to the public after hearing of his erratic behavior and discovering his collection of knives, a police official said. ...
Mech Dara
https://www.cambodiadaily.com/news/russian-arrested-over-erratic-behavior-knives-90213/
Construction permits slow in 2015, while total investment remains unclear
The amount of companies granted construction permits from the government are slowly decreased in 2015 compared to previous years while the government attempts to reform construction laws and regulations. ...
Olympia City sets the bar higher
During a time when skyscrapers are emerging one after another in the capital of Cambodia, the Overseas Cambodia Investment Company (OCIC) is commencing the development of a 60-storey building and several high-rises to its’ Olympia City project. ...
Siv Meng
http://www.phnompenhpost.com/real-estate/olympia-city-sets-bar-higher