Industries

South Korean investment in Cambodia’s agricultural industry, especially its food-processing sector, could result in the export of more value-added products that could help transform the Kingdom’s economy, a senior official at the Council for the Development of Cambodia and Korean officials told an investment forum ...

The total value of exports from the garment, footwear and other factories rose 17 percent year on year to $7.1 billion last year, according to a report from Ministry of Industry and Handicraft released yesterday.   ...

Having managed various businesses in Cambodia for more than two decades now, Rithy Sear has earned a reputation for being ambitious, and rightly so. ...

Despite warnings that an oversupply of luxury condominiums is imminent due to the number of new projects being built, a leading Japanese investor in the property sector in Cambodia says the market remains very attractive because two decades of strong economic growth are fuelling demand ...

A new five-year plan is being drafted to woo more Chinese tourists to the Kingdom, following a surge in visitors from the world’s most populous nation, Tourism Minister Thong Khon said yesterday. /Sum Manet ...

Cambodia’s tourism industry is expanding beyond the iconic temples of Siem Reap and its white-sand beaches to the country’s little-explored northeast, with domestic tourists leading the surge, provincial data showed yesterday.  ...

An estimated 4.8 million tourists visited Cambodia in 2015, up 6 percent from the 4.5 million visitors last year, Ministry of Tourism Under­secretary of State Top Sopheak said on Sunday. ...

About $1 billion will be invested to transform Koh Tang – “Legend Island” – into a luxury destination for domestic and international tourists, with resorts, hotels, a theme park, golf course and airport, executives said at the signing ceremony for a memorandum of understand (MoU) ...

Global brands rely on a hidden workforce within their supply chains to avoid responsibility for poor working conditions and abuse, according to a new report from the International Trade Union Confederation. ...

Passenger traffic at all three of Cambodia’s international airports is expected to grow this year despite the economic slowdown in Asia’s biggest economy, which could see many Chinese tourists tightening their belt. ...

Land prices in Siem Reap town are continuing to climb due the province’s robust tourism industry, realtors say. ...

Investment in the construction industry in 2015 amounted to $3.3 billion – a 33.14 per cent increase from the same period in 2014, which was only $2.5 billion.Seng Lot, spokesperson for the Ministry of Land Management, Urban Planning and Construction (MLMUPC) said on Tuesday that ...

A new VIP lounge was officially opened yesterday by Plaza Premium Group in the departure area of Phnom Penh International Airport, with the Hong Kong-based company saying it invested nearly $2 million in the lounge. ...

The value of construction projects approved by the government in 2015 increased by 33 percent to about $3.33 billion compared to the previous year, according to a government report obtained on Sunday. ...

Royal Railway on Sunday refuted a state media report that commercial passenger train service between Phnom Penh and Sihanoukville was imminent. ...

Work was underway on Friday to erect the big top of Phare, The Cambodian Circus, at its new location on the outskirts of Siem Reap City. ...

China State Construction Engineering’s plan to spend $240 million to construct a four-building project called Sino Plaza as part of its strategy to move into rapidly growing Southeast Asia, realtors said. ...

The new duty-free shop opened by China Duty Free Group (CDFG) in Sihanoukville will have a major impact on development of the tourism industry in the coastal resort, a senior provincial official said yesterday. ...

Starting today, Kingtel, a new internet and telecom service provider, will offer internet services to customers, with the company expected to launch call services within the next few months. ...

The Cambodian government officially took charge of the ticket sales at the Angkor Archeological Park on January 1, after Prime Minster Hun Sen announced in November an end to the Sok Kong-owned Sokimex’s control of the service. ...

As the year-end festivities get into high gear, provincial tourism officials are reporting a sharp increase in Cambodians travelling to popular holiday spots across the country to ring in the New Year.The temple town of Siem Reap this year is seeing an increase in hotel ...

Keeping up appearances, Apsara Authority’s water management team has begun pumping water into the drying ponds around the Angkor temple complex. ...

Nearly 150 garment and footwear factories in Cambodia have shut down this year, while more than 50 new ones opened, local media reported on Monday, citing a report of the Commerce Ministry. ...

Major restoration works have been completed at the former seat of power of the Angkorian civilisation, Angkor Thom, following damage inflicted to the site by Typhoon Nesat in 2011. ...