Industries

Embassies warn of rise in coastal crime

Foreign diplomats this week have called for increased vigilance and caution on Cambodia’s coast, partcularly in places such as Sihanoukville, Koh Rong and Kampot, following a spike in serious crimes against foreigners. ...

Jack Laurenson
http://www.khmertimeskh.com/news/15252/embassies-warn-of-rise-in-coastal-crime/

Marketing at ‘The Bay’ eats into Teho’s bottom line

Teho International, developer of the $500 million “The Bay” real estate project in Phnom Penh, reported $5.3 million in losses for the year ending June 2015, in part due to marketing and promotional activities relating to the Cambodian project. ...

Ananth Baliga
http://www.phnompenhpost.com/business/marketing-bay-eats-tehos-bottom-line

Cambodia to host talks on protecting heritage

Cambodia will this week host a regional seminar on the Unesco convention for the protection of cultural heritage during armed conflicts. ...

Michelle Vachon
https://www.cambodiadaily.com/news/cambodia-to-host-talks-on-protecting-heritage-93055/

Market likely to peak by year end, analysts say

Although land prices have been cooling throughout Asean, Cambodia remains an exception – but that is not expected to last much longer, analysts say. ...

Igor Kossov
http://www.khmertimeskh.com/news/15020/market-likely-to-peak-by-year-end--analysts-say/

Gov't eyes industrial expansion

In search of Cambodia’s next economic growth driver, the government yesterday laid out the Cambodia Industrial Development Policy 2015-2025, which aims to expand the Kingdom’s narrow industrial base beyond garments and rice.The new policy, launched by Prime Minister Hun Sen at the Peace Palace in ...

Sor Chandara and Ananth Baliga
http://www.phnompenhpost.com/business/govt-eyes-industrial-expansion

Untaxed alcohol seized at border

Border police in Tbong Khmum’s Memot district near the Cambodian-Vietnamese border seized more than 900 cases of top-shelf booze on Sunday after a truck tried to smuggle in a large chunk without paying tax, police confirmed yesterday. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/untaxed-alcohol-seized-border

Cambodia works with neighbours on tourism

Cambodia, Thailand and Vietnam are conducting ongoing discussions on the creation of a Southern Tourism Corridor, which would promote tour packages across the southern provinces of the three countries, giving a boost to tourism across the region. ...

Sor Chandara
http://www.phnompenhpost.com/business/cambodia-works-neighbours-tourism

Cambodia will weather financial storm: experts

The global stock market tumble may take the wind out of Cambodia’s property sector, but should have muted effects on the rest of the economy, analysts said yesterday. ...

Igor Kossov
http://www.khmertimeskh.com/news/14919/cambodia-will-weather-financial-storm--experts/

Foreign visits climb at Preah Vihear

Foreign visitors to the Preah Vihear Temple increased by 25 per cent for the first six months of the year, as compared to the same period last year, while local visitor arrivals dropped for the same period, according to Ministry of Tourism statistics. ...

Sor Chandara
http://www.phnompenhpost.com/business/foreign-visits-climb-preah-vihear

Thai cement giant to invest $300m in Cambodia

Thailand’s largest cement producer, Siam Cement Group (SCG), plans to invest up to $300 million to increase its production capacity in Cambodia over the next five years in a bid to take advantage of booming domestic demand, a company official said Monday. ...

Kang Sothear
https://www.cambodiadaily.com/business/thai-cement-giant-to-invest-300m-in-cambodia-92400/

Japan charts road to industrialization for Mekong region

Japan and the five Southeast Asian countries bordering the Mekong River adopted a blueprint Monday to boost industrialization in the subregion.​ It aims to boost the combined gross domestic product of the grouping to $4.7 trillion by 2020. ASEAN’s combined GDP is currently estimated at ...

The Japan Times News Staff
http://www.japantimes.co.jp/news/2015/08/24/business/japan-charts-road-industrialization-mekong-region/#.VdvM-Jf-SB2

Uncovering the healthcare system of Angkor

About 15 years ago, French archaeologist Christophe Pottier found two skeletons while excavating the site of the 8th-century Prey Khmeng temple in Siem Reap province, and was looking for an expert to do a preliminary study on them. ...

Michelle Vachon
https://www.cambodiadaily.com/news/uncovering-the-healthcare-system-of-angkor-92316/

Coke betting big on Cambodia

Coca-Cola held the ground-breaking ceremony for its new $100 million production facility at the Phnom Penh Special Economic Zone yesterday, which when completed in 2016 will double the beverage behemoth’s Cambodian output over the next six years.The new facility, which was announced last November after ...

Ayanna Runcie and Ananth Baliga
http://www.phnompenhpost.com/business/coke-betting-big-cambodia

Industrial policy to be released next week

The government will next week release its Industrial Development Policy (IDP) that aims to keep the economy on its high-growth trajectory, a senior official confirmed yesterday. ...

Sor Chandara
http://www.phnompenhpost.com/business/industrial-policy-be-released-next-week

Thailand bombing effect on Cambodia tourism

The bombing that shook Thailand this week will have a mixed impact on Cambodia, where about half of all tourists come through Thai airports, industry experts said yesterday. ...

Pav Suy and Naomi Collett Ritz
http://www.khmertimeskh.com/news/14693/thailand-bombing-effect-on-cambodia-tourism/

MEF strengthens property data to analyse the development sector

“I confess that the ministry hasn’t been able to control and achieve transparency in the real estate sector, but I can say that this sector has yet to show any signs of trouble,” Ngoun Sokha, secretary of state for the Ministry of Economy and Finance, ...

Phnom Penh Post News Staff
http://www.phnompenhpost.com/real-estate/mef-strengthens-property-data-analyse-development-sector

Angkor temples ranked top of the world

The Angkor Wat temple complex in Siem Reap province is the world’s undisputed top tourist destination, according to Lonely Planet’s Ultimate Travelist 2015, an exhaustive list ranking sights and travel hotspots that was released on Monday. ...

Simon Henderson
https://www.cambodiadaily.com/news/angkor-temples-ranked-top-of-the-world-92000/

Bubble trouble downplayed

Government officials and industry insiders downplayed concerns about the sustainability of the construction and real estate sector yesterday, although they agreed that closer monitoring of the industry was needed to understand risks to the economy.At a meeting in Phnom Penh yesterday, officials from several ministries, ...

Siv Meng, Ananth Baliga and Sor Chandara
http://www.phnompenhpost.com/business/bubble-trouble-downplayed

Cambodia's garment exports up 9% in 1st half of 2015

Garment industry, Cambodia’s largest foreign currency earner, has seen a 9% rise in exports in the first six months of 2015, according to the Chinese State’s News Agency-Xinhua. ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/cambodias-garment-exports-up-9-in-1st-half-of-2015-8849

Industry fairs to showcase tech

The Cambodia International Machinery Industry Fair is to be held in conjunction with the Cambodia International Textile and Garment Industry Fair at Koh Pich from the August 21 to 24. ...

Hang Sokunthea
http://www.phnompenhpost.com/post-weekend/industry-fairs-showcase-tech

New Zealand FM to visit Cambodia next week, air services pact expected to be signed

New Zealand Foreign Minister Murray McCully will pay a two-day visit to Cambodia from Aug. 18 to 19, where he will sign an agreement on air services, according to a press statement from the Cambodian Foreign Ministry on Thursday. ...

Xinhua team
http://www.khmertimeskh.com/news/14356/new-zealand-fm-to-visit-cambodia-next-week--air-services-pact-expected-to-be-signed/

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