Industries

During a time when skyscrapers are emerging one after another in the capital of Cambodia, the Overseas Cambodia Investment Company (OCIC) is commencing the development of a 60-storey building and several high-rises to its’ Olympia City project. ...

China’s tumbling stock market may impact tourism to Cambodia, but it is not likely to reduce Chinese investment in the Kingdom, analysts and executives say. ...

The Cambodian government has finalised a five-year Tourism Marketing Strategy that it hopes will help lure more visitors and investors to the Kingdom. ...

Cambodia may not achieve its goal of attracting 5 million tourists this year due to the slowdown in the global economy, according to the Ministry of Tourism. ...

Actress Angelina Jolie Pitt is set to direct an adaptation of bestselling memoir “First They Killed My Father” by Khmer Rouge survivor Loung Ung, as an original feature film for Netflix, the online streaming company said in a statement on Friday. ...

Mortgage rates are set to continue their decline, driven by strong bank competition, say banks and home lending experts.  ...

The ranking of the Philippines has improved from 82nd in 2013 to 74th in the latest World Economic Forum (WEF) Travel & Tourism Competitiveness Report 2015.​ In terms of air transport infrastructure, the Philippines scored 2.77 versus Singapore’s 5.26 and Cambodia’s 2.1. ...

Thailand has to improve transport, especially high-speed rail links and establish infrastructure that will ensure tourism prospers in a quality environment. ...

In the inaugural issue of its bulletin on Cambodia’s $5.8-billion garment industry, the International Labor Organization said Thursday that business remained strong on the back of rising exports despite a 28-percent hike to the sector’s minimum wage in January. ...

A new boutique hotel – which could cost as much as $6 million – is rising in Daun Penh, aiming to attract international business tourists who want to be close to the heart of the city. ...

Cambodia’s Ministry of Tourism has awarded star-ratings to 26 hotels according to information reported in the ministry’s latest update on registration in the hospitality and travel sectors. ...

The UN’s Food and Agriculture Organization and the Ministry of Commerce held a workshop yesterday to garner feedback from NGOs and businesses on the draft National Food Law.The new law deals with the safety, labelling and advertising of food and agricultural products for local consumption ...

A construction worker died and two others were injured yesterday after part of a Phnom Penh supermarket development collapsed, the latest incident highlighting the dangers plaguing Cambodia’s booming construction sector.The dead man was identified as Va Sok, 52, while his injured companions are siblings Un ...

The Ministry of Commerce’s Camcontrol Department found yesterday that part of the more than 300 kilograms of “suspicious” dried squid, stingray and shrimp confiscated in Kampot on Sunday had extremely high levels of a chemical substance banned in Cambodia. ...

Cambodia’s tourism industry is looking for ways to become more competitive, with some businesses suggesting visa exemptions for top visiting countries. ...

Property tycoon Sok Bun has resigned as director of joint ventures between his company and Singaporean partner TEHO International, amid ongoing controversy over footage showing him viciously attacking a female TV host earlier this month. ...

Four vendors were temporarily detained by Battambang’s Sangke district police on Friday after complaints from residents that the dried squid and stingrays they were selling were of poor quality and partly made of plastic. ...

It is no secret that Cambodia’s condominium market has largely focused on attracting international developers and investors looking to jump into a growing market by offering expensive upscale units, but, as the standard of living in Cambodia is on the rise, many projects are shifting ...

As the time for tenants to change office space comes closer as leases expire, new office spaces are opening around Phnom Penh with some seeing positive results while others struggle. ...

A Nepalese group of hackers calling themselves “TeenageWorms” hacked into the website of Cambodia’s Ministry of Tourism Thursday, changing the title of the site’s URL in Google search. ...

A report released by Apsara Authority on Monday shows total revenue from Angkor temple ticket sales for the first six months of this year totaling $30.94 million. Although the number of foreigners visiting Siem Reap is up from last year, revenue fell slightly. ...

After flooding in May left much of the US state of Texas underwater, auto industry insiders are warning that water-damaged vehicles from the US could start appearing in Cambodian gray market auto dealerships, disguised to look new. ...

The government on Tuesday celebrated the seventh anniversary of Preah Vihear temple’s listing as a Unesco World Heritage Site, which last week began charging foreign visitors for the first time. ...

Cambodia Bayon Airlines, a wholly-owned subsidiary of the Aviation Industry Corporation of China, will start daily flights between Cambodian capital Phnom Penh and Vietnam’s Ho Chi Minh City from today, a company representative said yesterday. ...