Foreigners buying Phnom Penh condos

The number of foreigners who bought condos in Cambodia increased by between 30 and 40 per cent in 2012 compared with 2011, a recent study showed, while 997 condo units currently belong to foreigners. Nuon Rithy, general manager of the Bonna Realty Group, said that according ...

http://www.phnompenhpost.com/2013013061082/Real-Estate/foreigners-buying-phnom-penh-condos.html

Siem Reap Theft Fears Rise

Fears of theft are on the rise among market vendors in a tourist district in Cambodia’s Siem Reap province, the gateway to the world-renowned Angkor archeological site. Vendors at a market in Puok district said they had lost a lot of money following a slew of ...

http://www.rfa.org/english/news/cambodia/siem-reap-01302013174007.html

Burger King to Open at Phnom Penh Airport

U.S. fast-food chain Burger King is set to open its first restaurant in Cambodia next month, an official confirmed yesterday. Advertisements have gone up at the Phnom Penh International Airport bearing the famous Burger King logo, with a message saying that the chain is “Coming soon.” ...

http://www.cambodiadaily.com/business/burger-king-to-open-at-phnom-penh-airport-8309/

Hundreds of strikers block road in Phnom Penh

More than 700 workers from the International Royal Fashion garment factory, in Phnom Penh’s Dangkor district, blocked the Veng Sreng road yesterday for about four hours to show their dissatisfaction with their employer’s failure to respond to their demands. An International Royal Fashion official, ...

http://www.phnompenhpost.com/2013012560974/National/hundreds-of-strikers-block-road-in-phnom-penh.html

Cambodia Angkor Air expands its international network

For a long time, Cambodia’s national carrier Cambodia Angkor Air (CAA) served only as a feeder carrier to its shareholder Vietnam Airlines. Three lines were then in service on routes linking Phnom Penh to Siem Reap, Phnom Penh-Ho Chi Minh City and finally Siem Reap-HCMC. ...

http://www.traveldailynews.asia/news/article/51485/cambodia-angkor-air-expands-its

New flights between Sihanoukville and Phnom Penh to be launched soon

New scheduled flights between Sihanoukville and Phnom Penh will probably be launched soon, and Sihanoukville-Siem Reap flights will operate daily instead of three times a week, an industry leader says. These changes by Cambodia Angkor Air had a “high chance” of taking off in April to ...

http://www.phnompenhpost.com/2013012360932/Business/new-flights-between-sihanoukville-and-phnom-penh-to-be-launched-soon.html

Two Men Charged With Smuggling Rosewood

The Kompong Thom Provincial Court yesterday charged two men with illegally logging 65 pieces of rosewood, the courts director Pen Sarat, said. Provincial police said the two 19 year old men were arrested Saturday morning while transporting about 1 105 kg of rosewood in Prasat ...

http://www.cambodiadaily.com/

Protesters blocked on the way to Phnom Penh

About 80 families travelling to Phnom Penh from Kampong Chhnang province for a land dispute-related protest yesterday were blocked on their way to the capital and told to resolve the matter locally. The villagers are locked in an unusual land feud with an agricultural firm, ...

http://www.phnompenhpost.com/2013011760831/National/protesters-blocked-on-the-way-to-phnom-penh.html

Socially-Responsible Factory to give better deals to workers

Construction is due to start shortly on a socially responsible sun-glass case and cleaning cloth factory in Siem Reap. Pactics produces 40 per cent of cases and cloths for the larget sun-glass factory in the world, Luxottica, which has brands including Ray Ban, Oakley and ...

http://www.phnompenhpost.com/2013011060751/Siem-Reap-Insider/socially-responsible-factory-to-give-better-deals-to-workers.html

Siem Reap sees strong gains

Commercial property prices and rents in Siem Reap have increased by 10 to 20 per cent in the last year, according to the town’s newest real estate agency. Cambodia Properties Limited (CPL) opened its first Siem Reap branch three months ago, recognising a need for sound ...

http://www.phnompenhpost.com/Real-Estate/siem-reap-sees-strong-gains.html

Kathmandu listed in Top10 places to visit in 2013

Worldwide renowned travel advisory website–the tripadvisor.com–has listed Nepali capital Kathmandu in its top 10 best places to visit in Asia. While Siem Reap of Cambodia topped the chart, China’s Beijing and Shanghai cities hold the respective second and third best places to travel in the ...

http://news.xinhuanet.com/english/travel/2013-01/07/c_132085140.htm

Cambodia Angkor flies to Bangkok

Cambodia Angkor Air will start a daily service between Phnom Penh and Bangkok, 1 February [sic]. The airline launched its first service to Thailand, 30 November [sic] from Siem Reap and is scheduled to start a service to Hanoi 7 January [sic]. The Bangkok-bound flight will ...

http://www.ttrweekly.com/site/2013/01/cambodia-angkor-flies-to-bangkok/

Investors speculating on Phnom Penh condos

While the scores of new condominium properties appearing in Phnom Penh are selling well, their buyers are mainly speculators hoping to make quick profits, a leading property firm said. A report by international realty group CB Richard Ellis (CBRE), distributed Wednesday, says that the city’s property market in ...

http://www.cambodiadaily.com

New Siem Reap airport’s progress slow but on track

A senior government official said a new Siem Reap International Airport (NSRIA) being developed with $1 billion of investment by two Korean companies is still on track. NSRIA is wholly owned by two Korean companies, Camco Airport Co and Lees A&A, which held 50 per cent each ...

http://www.phnompenhpost.com/2013010360604/Business/airport-s-progress-slow-but-on-track.html

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