Industries

Tourism

ADB funds tourism development in Vietnam, Laos, Cambodia

The Asian Development Bank (ADB) has approved a 100 million USD aid package to support the development of tourism infrastructure in the three Mekong River countries of Vietnam, Laos and Cambodia. The decision was made at the annual meeting on tourism development of the Greater Mekong ...

Vietnamnet Bridge News Staff
http://english.vietnamnet.vn/fms/travel/91098/adb-funds-tourism-development-in-vietnam--laos--cambodia.html

Sea Festival fails seafood vendors

Droves of seafood sellers descended on the normally sleepy Kep province this past weekend, attempting to capitalise on a tourism festival set up to drive dollars to Cambodia’s coastal areas. But overcrowding and blocked roads pushed prices down and kept customers away, according to vendors. The ...

Hor Kimsay
http://www.phnompenhpost.com/business/sea-festival-fails-seafood-vendors

Cambodia, Japan to issue exemptions, long-term and multiple visas

In order to promote and facilitate people to people exchange between Cambodia and Japan, both governments have agreed on visa exemptions and the issuance of long-term and multiple visas, according to a press release issued by Cambodia’s Ministry of Foreign Affairs and International Cooperation. In the ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NzNkNzY5YjMxZTk

Meet eyes Angkor management

Representatives from countries and preservation organisations across the globe gathered in Siem Reap yesterday as Prime Minister Hun Sen officiated the kickoff of an intergovernmental conference focused on Angkor Wat. The event marks the third once-per-decade conference of the International Coordinating Committee for the Safeguarding ...

Thik Kaliyann
http://www.phnompenhpost.com/national/meet-eyes-angkor-management

Aspara International's China flights delayed

The launch of a new airline promising regular flights between Phnom Penh and China has been stalled, awaiting government approval. Apsara International Air – co-owned by Chinese and Cambodian investors – now plans to begin operations sometime in 2014 as talks between the airline and the ...

May Kunmakara
http://www.phnompenhpost.com/business/aspara-internationals-china-flights-delayed

FBI Holds Investigation Talk for Cambodian Youth

The US Federal Bureau of Investigation on Thursday gave a talk to some 200 Cambodian youths in Phnom Penh, describing criminal investigation, especially in human trafficking and child prostitution. Various youth from across nine provinces attended the discussion, where they learned how they can participate in ...

Khoun Theara
http://www.voacambodia.com/content/fbi-holds-investigation-talk-for-cambodian-youth/1800147.html

S&P reaffirms rating despite political worry

Cambodia has retained its B credit rating despite ratings company Standard & Poor’s citing the country’s ongoing political standoff as a “major” constraint. S&P affirmed Cambodia’s B/B credit rating last week, labeling the country as having a strong and stable long-term and short-term outlook. Engagement of international ...

Eddie Morton
http://www.phnompenhpost.com/business/sp-reaffirms-rating-despite-political-worry

Cambodia's Siem Reap, China's Jiangxi ink cooperation deal

Cambodia’s cultural Siem Reap province and China’s eastern Jiangxi province have signed a memorandum of understanding (MoU) to strengthen cooperation in a number of fields, according to a copy of the MoU on Saturday. The deal was inked on Friday afternoon between Khim Bunsong, governor of ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2013-11/30/c_132930687.htm

Fears for tourism during rally

The opposition’s planned demonstration in Siem Reap next month could affect the tourism industry in Cambodia’s most important visitor destination, the government and industry representatives said yesterday. Cambodian Tourism Minister Thong Khon told the Post that the Cambodia National Rescue Party’s (CNRP) December 10 rally could ...

Chan Muy Hong
http://www.phnompenhpost.com/business/fears-tourism-during-rally

Cambodian opposition urged to avoid violence in protest

Cambodian Tourism Minister Thong Khon on Tuesday urged the main opposition party to avoid violence when it holds a mass rally next month in the tourist destination of Siem Reap. “In democratic societies, demonstrations are common, but those protests must be nonviolent and in accordance with ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/26/c_132919950.htm

Cambodia attracts over 879,000 tourists from ASEAN region

For the first semester of 2013, Cambodia attracted 879, 782 tourist arrivals from ASEAN region, plus 23.5 per cent if compared in the same period of last year, a report from tourism ministry obtained on Tuesday said.  The figure of tourist arrivals from ASEAN for the ...

The Southeast Asia Weekly Staff
http://www.thesoutheastasiaweekly.com/cambodia-attracts-over-879000-tourists-from-asean-region/

Construction of new airport planned for 2014

After being delayed twice, construction of the New Siem Reap International Airport (NSRIA) is expected to start in early 2014, a senior government official said yesterday. Tek Reth Samrach, chairman of the NSRIA steering committee, said a detailed plan must be completed by the airport’s two ...

Chan Muy Hong
http://www.phnompenhpost.com/business/construction-new-airport-planned-2014

16 Tumpoun villagers accused of logging

The Forestry Administration fined 16 ethnic Tumpoun villagers $400 each for allegedly logging within the Yak Oum tourism site in Ratanakkiri’s Lumphat district on Wednesday, said Chhay Thy, an investigator for the rights group Adhoc. The villagers were accused of logging after clearing a patch of ...

Sen David
http://www.phnompenhpost.com/national/16-tumpoun-villagers-accused-logging

Chinatown location still unknown

Historic O’Russey Market will not be the location of a planned Chinatown development, according to Cambodia’s Tourism Minister. Tourism Minister Thong Khon said the government was looking for another site for the tourism-focused development and that O’Russey Market was not under consideration, as had recently been ...

Post Staff
http://www.phnompenhpost.com/real-estate/chinatown-location-still-unknown

Snake Island plans back to the drawing board

A development company with a government concession for a high-end property project on the island of Koh Pos, also known as Snake Island, has announced that it will significantly alter its original plans for the project. The new plan, which must first be submitted for ...

Siv Meng
http://www.phnompenhpost.com/real-estate/snake-island-plans-back-drawing-board

Tourists flock to beaches, temples

While the streets of Phnom Penh were quiet this holiday period after the Water Festival was cancelled, numbers swelled in the provinces as tourists flocked to Cambodia’s temples and beaches, provincial officials said yesterday. Chhoeuy Chhorn, director of the Siem Reap Provincial Tourism Department, said Angkor ...

Chan Muy Hong
http://www.phnompenhpost.com/business/tourists-flock-beaches-temples

Tourism drives Cambodia’s growth

Growth in tourism is the key driver that is pushing up the value of Cambodia’s service sector, according to the Asian Development Bank report released last week. But to reach its full potential the country still needs to harness resources and tackle the problems that are ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2013/11/tourism-drives-cambodias-growth/

Factory Ordered To Hire Back Union Leaders After Violent Protest

The government has ordered the SL Garment factory to rehire 19 worker representatives, following a brutal crackdown on demonstrators outside the home of Prime Minister Hun Sen last week. In a letter to the company, Khun Chinken, undersecretary of state for the Ministry of Labor, said ...

Kong Sothanarith
http://www.voacambodia.com/content/factory-ordered-to-hire-back-union-leaders-after-violent-protest/1792644.html

Thirteen Arrested for Illegal Online Gambling

Nine South Koreans and four Cambodian nationals allegedly participating in an illegal gambling operation in Siem Reap City were sent to the provincial court for questioning Monday, police officials said. The suspects were arrested Saturday night along with 21 Cambodian women when police raided an illegal ...

Saing Soenthrith
http://www.cambodiadaily.com/news/thirteen-arrested-for-illegal-online-gambling-47277/

IMF Predicts Country’s Economy to Grow 7%

The International Monetary Fund (IMF) on Friday said it expects Cambodia’s economy to grow by 7 percent this year, fueled mostly by the garment, tourism and construction sectors, though risks such as extreme weather and labor market instabilities could cause growth to fluctuate. The IMF also ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/imf-predicts-countrys-economy-to-grow-7-47117/

Koh Russey Resort to exhibit in Hong Kong

Cambodia’s Koh Russey Resort development project is aiming to attract large foreign investment by exhibiting in Hong Kong. The resort will showcase its properties and facilities at an exhibition from November 29 until December 1, according to the real estate company CBRE. Expert staff of all departments ...

Moeun Nhean
http://www.phnompenhpost.com/real-estate/koh-russey-resort-exhibit-hong-kong

Cambodia's service sector encouraging, but reforms needed: ADB

Cambodia is benefiting from a steadily growing service sector, but it needs to clear a number of obstacles to harness the sector’s potential, said a new Asian Development Bank (ADB) report released on Tuesday. The report, entitled Developing the Service Sector as an Engine of Growth ...

Global Times News Staff
http://www.globaltimes.cn/content/824334.shtml#.UoLkAHCBlmM

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