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In Cambodia, Cyber Casinos Fall Into a Legal Gray Area
In 2010, the Ha Tien Vegas Entertainment Resort, a casino investment on Kampot province’s border with Vietnam that included luxury karaoke rooms and suites, launched with high hopes of attracting Vietnamese gamblers. At the end of December, Ha Tien Vegas closed down. To the north, in ...
Cambodia attracts over 2 mln foreign tourists in first half
Cambodia received 2.09 million international visitors in the first six months of the year, up 19 percent compared with the 1.75 million tourists over the same period last year, figures from the ministry of tourism showed Saturday. Tourism is one of the sectors supporting the ...
http://news.xinhuanet.com/english/world/2013-08/03/c_132598966.htm
Revenues up at mail service, but not locally
Revenue at the Cambodia Post (CP), the country’s mail service provider, rose nearly $2 million in the first half of this year, a 10 per cent increase compared to the same period in 2012. But the service still handles mostly international shipments, and is failing ...
http://www.phnompenhpost.com/business/revenues-mail-service-not-locally
Shops to close, limit hours
Many restaurants, shops, supermarkets and tourist sites in Phnom Penh and Siem Reap will operate at a limited capacity or close entirely this Sunday as Cambodians line up at voting stations to elect a new government. Despite the closures, Ang Kim Eang, president of the ...
http://www.phnompenhpost.com/business/shops-close-limit-hours
Climate Change Will Adversely Affect Economy
Cambodia’s manufacturing and tourism sectors will face adverse effects from climate change due to the country’s focus on hydropower, according to a report produced jointly by British and Cambodian think tanks. ...
http://www.cambodiadaily.com/business/climate-change-will%E2%80%88adversely-affect-economy-36624/
Cambodia predicts 7.6 percent GDP growth in 2013
Cambodia’s economy would grow by 7.6 percent this year, driven by garment exports, agriculture, tourism and construction, according to a preliminary prediction by the Ministry of Economy and Finance on Wednesday. The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and ...
http://news.xinhuanet.com/english/business/2013-07/24/c_132570724.htm
Cambodia election will not have influence on tourism
Tourism is one of the major sectors supporting the Cambodian economy. Last year, the country attracted 3.58 million foreign tourists, generating 2.2 billion US dollars in revenues. The Cambodian Minister of Tourism Thong Khon said Tuesday that the July 28 national elections in Cambodia would not ...
http://www.eturbonews.com/36396/cambodia-election-will-not-have-influence-tourism
Thai AirAsia on Siem Reap price war
Thai AirAsia (TAA) is breaking into the Bangkok-Siem Reap segment long dominated by Bangkok Airways in a move reflecting Cambodia’s new directive to open up its top destination for mass tourism. TAA secured permission from Cambodian authorities to launch a daily service starting on Oct ...
http://www.bangkokpost.com/business/aviation/360031/taa-ready-for-price-war-on-new-siem-reap-route
Chinese bypass the local fare
Hui Tien Jien has eaten at a Chinese restaurant called Old Place Seafood two times – and he’s been in Phnom Penh for only two days. Chinese restaurants in Phnom Penh are spreading in response to a flood of tourists from China: tourists who insist ...
http://www.phnompenhpost.com/business/chinese-bypass-local-fare
Cambodia, next powerhouse for Asean investors
The success Qatar’s Ooredoo had with being issued a mobile phone licence in Myanmar is an encouraging development for Middle East investors who are looking into the possibility of entering a venture or opening a business in Southeast Asia. Let’s take a look at Cambodia. ...
http://www.gulf-times.com/business/191/details/359376/cambodia,-next-powerhouse-for-asean-investors
Cambodia Receives 1.79 Million Foreign Tourists In First Five Months
Cambodia attracted 1.79 million foreign visitors in the first five months of the year, up 19 per cent over the previous year. From January to May, Vietnam remains the main source of visitors with 341,000 tourists, up 11 per cent year-on-year, followed by South Korea with ...
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=962064
Preah Vihear visits on the up
As tensions subside between Thailand and Cambodia over the 11th-century Preah Vihear temple, site officials are welcoming a steady increase of international tourists. At 5,240, foreign visits are up 56 per cent in the first six months of the year, compared to the same period ...
http://www.phnompenhpost.com/2013070366630/Business/preah-vihear-visits-on-the-up.html
Sihanoukville to be the site of first marina
Russian sailor Andrey Mantula plans to build what he is calling Cambodia’s first marina off the beaches of Preah Sihanouk province. Mantula, who has lived in Cambodia for one year, is heading up the project. He expects construction to start on October 1 of this year. ...
Entrepreneurs visits Cambodia for business opportunities
Two dozens of Chinese entrepreneurs in the World Eminence Chinese Business Association have been visiting Cambodia to seek possibilities to broaden trade and investment ties between China and Cambodia. The group, led by Xia Lingsheng, the Association’s executive vice president, met with Tep Ngorn, the 2nd ...
Cambodia wants better ties with Pakistan in economics, trade, tourism: PM
Cambodian Prime Minister Hun Sen on Monday expressed his desire to see better relations with Pakistan, particularly in economics, trade and tourism. He said the two countries signed an agreement on the investment protection and promotion in April 2004 during the visit of former Prime ...
http://news.xinhuanet.com/english/world/2013-07/01/c_132501129.htm
Foreign investment rises 73 pct
A mid [sic] global economic fragility, foreign direct investment (FDI) in Cambodia grew a whopping 73 per cent in 2012 from the year before, a huge increase helping to fuel a record-setting amount of money pouring into least developed countries, according to the United Nations ...
http://www.phnompenhpost.com/2013070166579/Business/foreign-investment-rises-73-pct.html
Playing with a bad hand
It’s been more than a year since union leader Sat Sep was fired from the Tropicana Casino and Resort in Poipet town, a dismissal that sparked strikes and ended in senior members of the Cambodian Tourism and Service Workers Federation being driven from the casino’s ...
http://www.phnompenhpost.com/2013070166584/National/playing-with-a-bad-hand.html
NagaWorld a no-show at arbitration meeting
A strike involving hundreds of casino workers – many who have been told their contracts have been terminated – reached an impasse yesterday after NagaWorld officials did not attend a conciliation session at the Arbitration Council, a union leader said. “The Arbitration Council could not immediately ...
http://www.phnompenhpost.com/2013062566463/National/nagaworld-a-no-show-at-arbitration-meeting.html
Cambodia tweaks trip estimate
Cambodia’s Ministry of Tourism has revised tourist travel arrivals from 3.8 million to 4.2 million by year-end. Tourism Minister Thong Khon told local media, earlier this week, that the adjustment was based on a January to April’s performance with 1.5 million trips. “Earlier, we forecast 3.8 million, ...
http://www.ttrweekly.com/site/2013/06/cambodia-tweaks-trip-estimate/
Tourists in trouble rise
Crimes and traffic accidents of which tourists were the victims increased by 33 per cent in the first six months of 2013, compared with the same period last year. Tourism Police Department director Nhearn Vibol said that 396 tourists had fallen victim to crime and motor ...
http://www.phnompenhpost.com/2013062066385/National/tourists-in-trouble-rise.html
Cambodia unveils strategy to attract Chinese tourists
Cambodia’s Ministry of Tourism on Wednesday finalized its 5-year strategic plan to attract at least 1.3 million Chinese visitors by 2018. Speaking at a seminar on Cambodia tourism marketing strategy targeting China, So Visothy, director of the Tourism Ministry’s Marketing and Promotion Department, said that currently ...
http://news.xinhuanet.com/english/world/2013-06/19/c_132467692.htm
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
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