News
Foreign visitors to Cambodia's World Heritage Preah Vihear temple rise 39 pct in 5 months
Cambodia’s Preah Vihear temple, a World Heritage site, received 4,710 foreign tourists in the first five months of this year, up 39 percent compared with the same period last year, statistics by Preah Vihear province’s tourism department showed Tuesday. Kong Vibol, chief of the department, said ...
http://www.asean-china-center.org/english/2013-06/19/c_132468531.htm
New name, same airline
Grounded Tonlesap Airlines has changed its name to Wat Phnom Airlines, an official with Cambodia’s State Secretariat of Civil Aviation said yesterday, about two months after the local chartered carrier suspended all of its flights. Wat Phnom Airlines is now in the process of applying for ...
http://www.phnompenhpost.com/2013061966352/Business/new-name-same-airline.html
Cambodia to receive 4.5 million tourists by 2015
Cambodia expects to welcome 4.5 million tourists by 2015, increasing from 3.5 million in 2012, thanks to its cultural properties, Prime Minister Hun Sen said. “Undoubtedly, heritage and cultural tourism are playing a substantial part in this growth. Twenty years ago, when Angkor was inscribed on ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MDI0MmQ3MGJlNmR
India seeks to enhance trade links
An Indian business delegation visiting Cambodia hopes to boost bilateral cooperation in trade, tourism and transport, officials said yesterday. Meeting with key Cambodian officials, Director General of the Indian Chamber of Commerce said the Kingdom presented many opportunities for India. ...
http://www.phnompenhpost.com/2013061466268/Business/india-seeks-to-enhance-trade-links.html
Cambodia, China's Guangxi pledge to broaden cooperation
Cambodia and China’s Guangxi Zhuang Autonomous Region on Thursday vowed to further enhance cooperation in trade, investment, and tourism for mutual benefits. The commitment was made during a meeting between Cambodian Prime Minister Hun Sen and Peng Qinghua, secretary of Guangxi Zhuang Autonomous Region’s CPC Committee, ...
http://news.xinhuanet.com/english/china/2013-06/13/c_132453081.htm
Robust Recovery Continues
Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...
http://www.phnompenhpost.com/2013061066160/Business/robust-recovery-continues.html
Construction Begins to Repair Phnom Penh’s Destroyed Street 63
Workers with heavy machinery began repairing Phnom Penh’s busy Street 63 on Thursday in order to get rid of the potholes and cracked concrete that has turned the street into a divot-ridden, water-logged throughway since new pipes were laid six months ago. The Japanese International Cooperation ...
Juneyao Airlines tries flights from Shanghai
Private Chinese carrier Juneyao Airlines is planning to launch direct flights from Shanghai to Cambodia as soon as this month. The move – which has been labelled unrealistic – would also see the airline potentially break into the monopolised route from the Chinese city. The Shanghai-based ...
Visas on Myanmar agenda
In a move to facilitate a more unencumbered travel experience in the region, Cambodia, Myanmar, Indonesia and the Philippines plan to develop a mutually beneficial system that would allow tourists to enter the four countries with one single visa. Collaborating with relevant government agencies and stakeholders, ...
http://www.phnompenhpost.com/2013060666095/Business/visas-on-myanmar-agenda.html
Worse than Potholes, Street 63 Roadwork Hurts City’s Image
Skyscrapers, supermarkets and high-end clothing stores along Sihanouk Boulevard may reflect the increasingly affluent side of Phnom Penh, but turning down busy Street 63 toward Central Market the scene is more warzone than Asean capital, with air thick with dust and the road peppered with ...
http://www.cambodiadaily.com/news/worse-than-potholes-street-63-roadwork-hurts-citys-image-28799/
Cambodia Carrier on Track with New Flights
Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...
http://www.phnompenhpost.com/2013060466030/Business/cambodia-carrier-on-track-with-new-flights.html
NagaCorp rolls dice on $15 million VIP terminal
A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...
Sea tourism along coast needs infrastructure, investors
Plans to create a tourist circuit encompassing coastal areas of Vietnam, Cambodia, and Thailand could be delayed as infrastructure is not yet in place and authorities cannot find investors. The sea route from the Mekong River Delta province of Kien Giang to Sihanoukville in Cambodia and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTEzNTNmYzMyZDI
Kingdom lacks engineers: minister
Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...
http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html
Spending in NagaCorp casino drops
Spending in NagaCorp’s casino has dropped by about 4.4 per cent in the first quarter of the year compared with the same period last year. Some $1.17 billion was gambled in the casino from January to March this year, said a company quarterly report released last ...
http://www.phnompenhpost.com/2013052865866/Business/spending-in-nagacorp-casino-drops.html
Cambodia’s students to get schooled in tourism
Young Cambodians will now learn about tourism in grades 11 and 12, according to the new curriculum for public education that was launched yesterday. The development is aimed at enhancing quality in the tourism sector, officials said during a press conference. The new curriculum covers the ...
Massive Power Outage Triggered by Falling Tree
A massive power outage that left large areas of Phnom Penh without electricity and water and plunged southern Vietnam into darkness on Wednesday was caused by a crane operator knocking a tree onto a high voltage power line, Vietnam’s state-owned energy provider said yesterday. “A ...
http://www.cambodiadaily.com/news/massive-power-outage-triggered-by-falling-tree-26557/
Eviction Protestors Block Phnom Penh International Airport
About 20 people protesting their pending eviction from their homes near Phnom Penh International Airport blocked people from leaving or entering the airport for about half an hour yesterday, before a large force of police broke up their protest. In July, authorities told 182 families ...
http://www.cambodiadaily.com/news/eviction-protesters-block-phnom-penh-international-airport-26147/
Hun Sen Tells Landowners in Kep to Obey Tax Law
Prime Minister Hun Sen on Wednesday told landowners in the coastal province of Kep to pay their taxes on unused land and increase the amount of investment in the area to attract more visitors. According to the law, unused land is subject to a 2 percent ...
http://www.cambodiadaily.com/business/hun-sen-tells-landowners-in-kep-to-obey-tax-law-26172/
Vietnam Power Failure Hits Phnom Penh
A massive power outage Wednesday in Southern Vietnam brought rolling blackouts that lasted for hours to Ho Chi Minh City, the entire southeastern region of Vietnam and large sections of Phnom Penh. Vietnam’s state-owned Southern Power Corporation said Wednesday that the problem occurred around 2 p.m. ...
http://www.cambodiadaily.com/news/vietnam-power-failure-hits-phnom-penh-26121/
Tourist arrivals up 18 per cent
International tourist arrivals soared nearly 18 per cent in the first quarter in this year compared to the same period the year before, according to data from the Ministry of Tourism. The ministry’s official statistics report showed that Cambodia received 1,172,072 tourists in three-month period, compared ...
http://www.phnompenhpost.com/2013052365790/Business/tourist-arrivals-up-18-per-cent.html
As Foreign Aid Increases, Questions About Conditions
Cambodia has seen huge growth of foreign aid and loans over the past two decades, but experts are beginning to question its worth—and what conditions might be attached. Total aid from 1993 to 2012 amounts to around $10 billion, with the percentage of aid coming as ...
http://www.voacambodia.com/content/as-foreign-aid-increases-questions-about-conditions/1664821.html
Investments in Cambodia Up
Vietnam’s investment in Cambodia has increased significantly in the last three years, but a mechanism to encourage and oversee investments in prioritized sectors is needed, according to diplomatic sources. Tan Nguyen Tien, head of the economic section at the Vietnamese embassy in Phnom Penh, said Vietnam’s ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjA1NjRhYTIxOTd
Ministers sign deals to bolster trust
Thailand and Cambodia have signed four new agreements focused on bolstering trust and maintaining security. Defence Minister Sukumpol Suwanatat made the announcement after the 9th GBC meeting at Wangjuntr Golf Park in Rayong’s Wang Chan district. He said one of the four agreements concerned the spread of ...
http://www.bangkokpost.com/news/local/350635/ministers-sign-deals-to-bolster-trust