វិស័យឧស្សាហកម្ម
Tourism figures continue to climb
Foreign tourist arrivals in the Kingdom increased by more than 15 per cent between January and October compared to the same period in 2010, Ministry of Tourism data showed. Officials attributed the arrival of 2.3 million foriegn visitors during the first 10 months of the year ...
http://www.phnompenhpost.com/index.php/2011120653165/Business/tourism-figures-continue-to-climb.html
Villagers to block roads in protest
Hundreds of people whose land has been swallowed by a giant Chinese tourism project on the coast of Koh Kong province will attempt to demonstrate their grievances today by blocking national roads 4 and 48, villagers and human rights workers said Protesters have been resisting China’s ...
EU crisis hurting silk sector
Europe’s continued economic troubles have weighed heavily this year on Cambodian silk producers, officials and industry insiders said yesterday. Debt woes in the euro zone, the Kingdom’s main export market for silk, have caused job losses, among other issues, according to officials. Cambodian Craft Cooperation, which makes ...
Rann Reuy
http://www.phnompenhpost.com/index.php/2011120153074/Business/eu-crisis-hurting-silk-sector.html
60 businessmen protest annulment of fishing lot licenses
About 60 businessmen from Kompong Cham province protested at the Agriculture Ministry yesterday over Prime Minister Hun Sen’s decision to cancel their bids to operate fishing lots. Mr Hun Sen on Friday annulled the results of an October bidding process for companies interested in operating fishing lots ...
Koh Kong families demand better eviction compensation
A group of about 30 families in Koh Kong province’s Botum Sakor district said yesterday that they would continue to resist attempts to evict them in order to make way for a Chinese mega-tourism project, unless authorities improve their compensation offer. Villager Prum Sann said the ...
Airport expansion key to Kingdom tourism
The Kingdom needs US$270 million to expand its three airports if the country is to meet its growing demand as a tourist destination, Cambodia Airport CEO Emmanuel Menanteau said yesterday. The total number of visitors passing through the Kingdom’s airports will approximately double every 10 years, ...
Boeng Kak evictees protest, demand compensation
About 150 former Boeng Kak lake residents staged a protest at Phnom Penh’s Freedom Park yesterday, demanding more compensation than they initially received when they were evicted from their homes to make way for a real estate project owned by the firm of a CPP ...
Increase in visitors to Preah Vihear
Foreign visitors to the 11th-century Preah Vihear temple, on the Cambodian-Thai border, rose almost 78 per cent between January and October compared with the same period last year, despite a deadly border dispute that drew international attention in February. About 2,140 foreign nationals visited the 1,000-year-old ...
Tourism will drive food service sector growth zzz
Cambodia will require an additional 1,000 restaurants by 2020 to service the Kingdom’s growing tourism sector, Ministry of Tourism officials say. By 2020, seven million international visitors, and as many as 10 million domestic tourists, were expected to visit the country’s tourist destinations each year, Tith ...
Tourist arrivals grow 15% in first nine months
Visitor arrivals to Cambodia saw a year-on-year increase of 15 percent in the first nine months of 2011, reaching more than 2 million people, according to new figures released by the Tourism Ministry yesterday. The figures showed that, from January to September, arrivals by air increased ...
Beverage firms, telcos lift revenues
Advertising companies generated $73.6 million in revenue during the first nine months of the year, a 28 percent increase compared to the same period in 2010, according to data released by marketing research firm Indochina Research. Beverage and telecommunication companies led the way, spending $12.75 million ...
Subpar sanitation, high food prices curbing growth, UN says
Economic growth in Cambodia is being hampered by poor sanitation and hygiene, and rising food prices are leaving people struggling to afford basic produce for a balanced diet, according to a report released yesterday by the UN Development Program (UNDP). The UNDP’s 2011 Human Development Report ...
Japanese mall buys swathe of prime real estate
In one of Phnom Penh’s biggest land deals to date, Japanese shopping mall developer Aeon Mall Co Ltd has bought 6.7 hectares of prime real estate from South Korea’s GS Engineering & Construction, a firm that was once slated to build the tallest building in ...
Tourists discouraged from visiting orphanages
NGO Friends International launched a government-backed campaign yesterday to discourage visitors from participating in “orphanage tourism” in an effort to protect children from being exploited, organizers said yesterday Citing an unreleased report by Unicef and the Ministry of Social Affairs, James Sutherland, international communications coordinator for ...
Dredging ends, effects linger
Ruling party Senator Ly Yong Phat has kept a promise to stop his company’s dredging operations on Koh Kong province’s Tatai river, relieved business owners and residents living along the waterway said yesterday. But provincial officials confirmed that as the senator’s dredging boats moved on to ...
http://www.phnompenhpost.com/index.php/2011102052249/National-news/dredging-ends-effects-linger.html
Halim in Cambodia RM2bil agriculture joint venture
PHNOM PENH: Malaysia expects to minimise its dependence on imports of animal feed and lessen the impact of the global food crisis by 2020 under the reciprocal investment policy, Agriculture and Agro-based Minister Datuk Seri Noh Omar said. One such initiative under the policy was the ...
http://biz.thestar.com.my/news/story.asp?file=/2011/10/17/business/9710198&sec=business
Cambodia establishes Constructors Association
The Constructors Association (C.A.) was officially formed on October 7th with an aim to develop the country’s construction and real estate sector. The C.A. launching ceremony was presided over by Senior Minister and Minister of Land Management, Urban Planning and Construction H.E. Im Chhun Lim. ...
Cambodia hosts 3rd World Eco-Tourism Forum
Cambodia hosted the 3rd World Ecotourism Conference on October 3rd at the famous costal province—Preah Sihanouk—in an aim at developing the Asia Pacific region as a leading ecotourism destination. To celebrate the acceptance of the Cambodia costal zone (Preah Sihanouk Ville, Koh Kong, Kep and Kampot) ...
FDI soars 250% over last year
Foreign direct investment in the Kingdom soared 250 per cent year-on-year through August even despite the West’s economic woes, Deputy Prime Minister Sok An said yesterday. A total of 87 projects worth US$5.6 billion were approved by the Council for the Development of Cambodia during the ...
http://www.phnompenhpost.com/index.php/2011101352107/Business/fdi-soars-250-over-last-year.html
Banking sector shows growth in 3rd quarter
Taking advantage of strong economic growth this year, two of the country’s largest banks have posted strong third-quarter earnings. Acleda Bank yesterday reported a net profit of $32.68 million in the first three quarters of the year, almost double the amount over the same period last ...
Hotel dispute headed for Siem Reap court
UNION officials fired another volley in their battle against a hotel yesterday by announcing that they would file a complaint today with a Siem Reap court, as their protests continued to draw unwanted attention to the tourist town. The Cambodian Tourism and Service Workers Federation complaint ...
Carbon credit for Seima Area
A carbon credit project is in the works for the Seima biodiversity areas in Kartie and Mondulkiri provinces. During a meeting between Chan Sarun, Minister of Agricultural, Forestry and Fisheries and Colin Poole, Director of Asia Programs for the Wildlife Conservation Society (WLCS) on Sept ...
Demand for city property slowly returning
Phnom Penh is making a comeback after years of sluggishness and weak demand in the property sector, real estate agents said. Rose Condominiums, a project in Chamkar Mon district consisting of eight 28 and 29-story towers holding more than 350 units, has already sold out ahead ...
Chinese animal feed mill opens in Cambodia
A Chinese animal feed mill officially opened at the Phnom Penh Special Economic Zone (PPSEZ) on Aug 28. It is the first animal feed mill from China and the fifth animal feed factory to operate in Cambodia Cambodia has strongly depended on the imports for animal ...