Industries

Cambodia will host this year’s Mekong Tourism Forum in Sihanoukville in July, TravelNewsAsia reported yesterday. The six member countries of the Greater Mekong Sub-Region (GMS) have banded together to jointly promote sub-regional tourism and the GMS as a single destination, focusing on “authentic experiences along the ...

The increase in the government-set minimum wage in the garment sector and lower prices have hit the bottom line of Grand Twins International (GTI), the only company in the sector listed on the stock exchange. The company yesterday reported revenue for the year ended December 31 ...

A South Korean consul will open in Siem Reap by May to provide services for Korean citizens visiting Cambodia and for those wishing to visit South Korea. Siem Reap is home to the ancient temples of Angkor and large numbers of South Koreans visit the city ...

A Thai privilege card program that costs nearly $15,000 to join is banking on Cambodia’s robust yet deeply polarised economy to provide up to 60 new card members a year. ...

Revenue from ticket sales to foreign tourists visiting Cambodia’s famed Angkor archaeological park reached 20.3 million U.S. dollars in the first quarter of 2016, up 2.5 percent compared to the same period last year, according to an official statement on Friday. ...

Cambodia’s schoolchildren could soon attend class in unusually luxurious buildings if Prime Minister Hun Sen has his way. Yesterday the premier granted the government’s entire stockpile of illegally-felled timber – some of which is highly sought after rosewood – to the Ministry of Education to ...

Malaysian-owned Sunway Hotels & Resorts will spend $223 million in a redevelopment and expansion plan on its hotels in Malaysia, Cambodia and Vietnam within three years, according to Malaysian media. ...

The Cambodian Construction Association yesterday urged authorities to plan and develop more satellite cities as the population in the capital increases rapidly, straining services and infrastructure. ...

The Royal Group conglomerate has signed off on a $10 million loan from the Bangkok-based Export-Import Bank of Thailand (EXIM Thailand) for the construction of a five-star hotel and resort in Koh  Rong Island. ...

Pan India Paryatan Pvt Ltd (PIPPL), the owner of Mumbai-based EsselWorld, one of India’s largest amusement parks, has shown interest in developing a theme park in Cambodia after a meeting with the minister of tourism late last week. ...

The government may reopen the border gate in front of Preah Vihear temple in a bid to strengthen ties with Thailand as diplomatic relations improve, but local tourism operators are concerned the move would hurt their business. ...

Malaysia-based company SV International was granted permission by the Council of Ministers earlier this month to begin the initial stage of grand plans to turn part of Sihanoukville into a “casino city,” an official confirmed.   ...

Imports of construction materials grew dramatically last year compared with the year before due to strong demand, while the prices of imported goods declined. ...

Up to 40 percent of the $100 million River Premium Development Company, a joint venture between local partners and Malaysian investors, has been completed and sold, said Houn Heng Eriya, the sales manager of the project in the city center of Ta Khmao. ...

Cambodia’s small- and medium-sized enterprises (SMEs) earned $1.9 billion in revenue last year from the tourism sector, and could increase this amount further by reducing imports, an industry spokesman said yesterday.   ...

An obscure Malaysian company has obtained approval from Cambodia’s Council of Ministers to develop hotels and casinos in Sihanoukville, with an online promotional video claiming the firm will transform the coastal city into the “Macau of Southeast Asia.”     ...

Cambodia is considering allowing visitors from Thailand directly access Preah Vihear temple, Cambodian Defence Minister Tea Banh said on Thursday. ...

Siem Reap, the home of UNESCO-listed ancient temples, was placed fifth among the world’s top 25 travel destinations in 2015, dropping from second place in the previous year’s ranking by TripAdvisor, a popular online site for travelers and one trusted by tourists choosing destinations to ...

Cambodia’s largest duty-free outlet opened yesterday in Siem Reap, aiming to service the growing market in the Kingdom’s tourism capital. ...

Visitors to Cambodia’s premiere tourist destination, Angkor Wat, can expect better mobile network coverage come June, after Apsara Authority signed an agreement with local telecom services firm Camtowerlink Communications to install six camouflaged mobile towers across the vast temple site. ...

Restoration of the most prominent and photographed gate at Preah Vihear temple has been delayed by the need for further study by the Indian team that has signed up for the work, the head of the Cambodian body that oversees the 12th century sanctuary said ...

Cambodia’s first factory to process leather from pig skin will open this year and will supply products to the European market, but local pig skin will not be used. ...

The ‘entertainment resort’ that Hong Kong-listed casino junket investor Jimei International Entertainment Group Ltd wants to develop in Cambodia is likely to be located in the coastal resort town of Sihanoukville (pictured), on the Gulf of Thailand, says Union Gaming Securities Asia Ltd. ...

Work started yesterday on Cambodia’s largest and most modern cement plant, which will be built in Kampot province with an investment of $262 million by Chip Mong Insee Cement. ...