វិស័យឧស្សាហកម្ម
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Firm Posts fall In Profits on Slot Machines
Entertainment Gaming Asia Inc. (EGA), a U.S.-listed gaming firm operating primarily in Cambodia, posted a 93 percent decrease in profits for the first nine months of the year compared to the same period in 2011, according to the company’s financial statement released Tuesday. “The decrease ...
Myanmar Airways flights to Cambodia to take off again
Myanmar Airways International (MAI) will resume its regular flights between Yangon and Cambodia’s two main international airports in early December after they were suspended for about three months. MAI started a twice-weekly schedule to Siem Reap in late February, but suspended the route over the last ...
Boutique hotels on the rise
Local company VLK Royal Tourism Group has embarked on a joint venture with a Thai partner to build OC Hotel, a four-star boutique hotel in Sihanoukville. The venture was prompted by rising demand as well as increasing tourist numbers to the coastal area off the ...
http://www.phnompenhpost.com/index.php/2012111359696/Business/boutique-hotels-on-the-rise.html
Visa agreement gets delayed
DESPITE some reports, Cambodian officials said Cambodia and Thailand have not yet set a date for implementing the Irrawaddy-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) single visa. Koy Kuong, spokesman for the Ministry of Foreign Affairs and International Cooperation, said a single visa scheme for all five ...
http://www.phnompenhpost.com/index.php/2012111359702/Business/visa-agreement-gets-delayed.html
Cambodia's Tourism Slows
Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 15.7% in September, the lowest growth rate so far for this year based on 242,747 visits during the month. The percentage increase for the nine-month period was pulled down from 24.5% at ...
http://www.ttrweekly.com/site/2012/11/cambodias-tourism-slows/
NagaCorp Holds Ground Breaking Ceremony for Naga2 Development
NagaCorp Ltd. (“NagaCorp” or the “Company”, SEHK stock code: 3918), the largest hotel, gaming and leisure operator in Cambodia, held the official ground breaking ceremony yesterday for Naga2, a large-scale mixed-use expansion that will be completed by 2015. Situated 200 meters from the existing NagaWorld, ...
Cambodian Prime Minister calls on Japan for more tourists, investors
Prime Minister Hun Sen of Cambodia has called upon Japanese counterpart Yoshihiko Noda for his support in encouraging more investments and tourism from Japan to help strengthen bilateral ties between the two Asian nations. The request was made at a meeting on Monday during the ...
CAMBODIA: INTERNATIONAL ARRIVALS INCREASED BY 24%
A report from the Tourism Ministry in Cambodia recently informed that the country witnessed a huge inflow of 2.57 million tourists in the period between January and September of this year. This is an increase of 24 percent in comparison to the same period in ...
http://www.tourism-review.com/cambodia-international-arrivals-increased-by-24--news3456
Trade with Thailand increases
Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...
http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html
German airline Condor launches direct flight to Cambodia
The German airline Condor Air launched its first direct flight from Frankfurt to Cambodia’s Siem Reap province famous for its world heritage site on Saturday morning. Landing at the Siem Reap International Airport, the aircraft was cordially greeted by Cambodian government officials including Mao Havannall, secretary ...
http://www.nzweek.com/business/german-airline-condor-launches-direct-flight-to-cambodia-20833/
Rise in foreign tourist arrivals
The number of foreign tourists arriving in Cambodia increased 23 per cent in the third quarter of the year compared to the same period last year, according to new statistics from the Ministry of Tourism. The data show the number of tourists who arrived in the ...
http://www.phnompenhpost.com/index.php/2012110259529/Business/rise-in-foreign-tourist-arrivals.html
Over 2.5 million visitors to Cambodia in the first nine months of 2012
Cambodia attracted some 2.57 million international visitors in the first nine months of this year, a 24% rise compared with the same period last year, a report from the Ministry of Tourism showed on Wednesday. ...
http://www.traveldailynews.com/news/article/51858/over-2-5-million-visitors-to
Hong Kong seeking trade ties
During a visit to Phnom Penh this week, Greg So, Hong Kong’s Secretary for Commerce and Economic Development, reiterated Hong Kong’s desire to be inducted into the ASEAN-China Free Trade Agreement and highlighted Cambodia as a potential beneficiary for foreign direct investment from Hong Kong. In So’s view, economic ...
http://www.phnompenhpost.com/index.php/2012103159498/Business/hong-kong-seeks-trade-ties.html
Dolphins drive tourism
Kratie, a province in northeast Cambodia has seen an improvement in tourist arrivals and length of stay since the Mekong Discovery Trail project was established in 2007. The Mekong Discovery Trail is a co-operative effort with the Cambodia’s Ministry of Tourism and has the support of ...
http://www.ttrweekly.com/site/2012/10/dolphins-drive-tourism/
Communities want to ban gillnet use to protect dolphins
Fishermen representing five Cambodian communities will publicly express their support for a ban on gillnet use in a ceremony highlighting the importance of the Mekong River Irrawaddy dolphin. The event organised by the Commission for Dolphin Conservation and Development of the Mekong River Dolphin Eco-tourism Zone, ...
Hun Sen announces new airport
Prime Minister Hun Sen requisitioned 768 hectares of land on Saturday that will be used to build an international airport in Kampong Chhnang after 2025. During presiding over a land title distribution ceremony in Kampong Chhnang province, the prime minister announced the expansion of the airport. ...
http://www.phnompenhpost.com/index.php/2012102959448/Business/hun-sen-announces-new-airport.html
Kratie meet pushes dolphin protection
Residents of Kratie province had an education in conservation yesterday as the government and outside partners reiterated a September sub-decree banning gill nets on a sizable stretch of the Mekong in a bid to protect the badly endangered Mekong River dolphin. Touch Seang Tana, head of the Commission ...
Cambodia issues licenses to 2,606 new firms in 9 months, up 11 percent
Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...
Export diversity induces growth
In order for Cambodia to maintain the same rate of growth it has enjoyed in the past few years, exports need to diversify from textiles and tourism to modern services, said the World Bank’s country manager yesterday in Phnom Penh. “Cambodian firms are already tentatively exporting ...
http://www.phnompenhpost.com/index.php/2012102459390/Business/export-diversity-induces-growth.html
Aviation in the Kingdom soaring with new flights and airport plans
Cambodian aviation continues its ascent with the Oct. 1 launch of Singaporean low-cost carrier Tiger Airway’s daily direct service to Phnom Penh, ongoing airport expansions and the announcement of several new airport projects. Currently, there are more than 20 international airlines offering service to Cambodia for a ...
Businesses Look for Opportunities in Tourism Industry
More than 150 businesses and associations from around the world gathered on Phnom Penh’s Koh Pich yesterday for the launch of the country’s annual food and hospitality exhibition. Two events, the International Food, Drinks and Wine Show and the Cambodian International Hotel, Restaurant and Catering Industry ...
http://www.cambodiadaily.com/business/businesses-look-for-opportunities-in-tourism-industry-3714/
Signs point to more diverse investment projects in Cambodia
The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...
Chinese tourist numbers high
Foreign tourists visiting Cambodia increased more than 24 per cent for the first eight months of the year compared to the same period last year, while tourism officials expected Chinese visitors could be ranked number two in the Cambodian tourism market in the future. According to ...
http://www.phnompenhpost.com/index.php/2012100459105/Business/chinese-tourist-numbers-high.html
IMF revises GDP projection for Cambodia upward to 7%
The International Monetary Fund has revised Cambodia’s economic growth projection to between 6.5 and 7 per cent, up from 6.2 per cent in April, saying the country could manage a sound macro-economy because of the growth in four main sectors: manufacturing, tourism, agriculture and construction. According to Ek ...