Industries

Environment Ministry, World Bank vow to enhance ecotourism project

The Ministry of Environment, in cooperation with the World Bank, vowed to enhance the Cambodia sustainable landscape and ecotourism project (CSLEP) to boost income for local communities. ...

Nop Sreymao
https://www.khmertimeskh.com/501556768/environment-ministry-world-bank-vow-to-enhance-ecotourism-project/

Cambodia’s economy driven by garment exports, tourism is to grow by 5.6% in 2024

Cambodia’s economy is projected to grow by 5.6 % this year, up from 5% compared to last year, boosted by a rise in garment exports and ongoing tourism recovery, said an ASEAN+3 Macroeconomic Research Office (AMRO) press release on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501554331/cambodias-economy-driven-by-garment-exports-tourism-is-to-grow-by-5-6-in-2024/

Cambodia accelerates BUSINESS 15 reforms in post-Covid era, AMRO says

Cambodia’s economy is projected to grow by 5.6 percent in 2024 and 5.9 percent in 2025. The recovery momentum is driven by a rebound in the garment sector and sustained growth in the non-garment manufacturing sector. ...

Khmer Times Staff
https://www.khmertimeskh.com/501554137/cambodia-accelerates-business-15-reforms-in-post-covid-era-amro-says/

New initiatives for Siem Reap-Angkor Action Plan

Cambodia has added three new initiatives to the Siem Reap-Angkor Action Plan 2025-2029, addressing the issues of gender, environment, and improvised anti-personnel mines. These additions reflect the country’s commitment to upholding the Ottawa Convention. ...

Khmer Times Staff
https://www.khmertimeskh.com/501552520/new-initiatives-for-siem-reap-angkor-action-plan/

Cambodia’s famed Angkor makes $30 mil revenue in first 8 months of 2024

Cambodia’s famed Angkor Archaeological Park made $30.33 million from ticket sales in the first eight months of 2024, up 31.3% from $23.09 million over the same period last year, said an official report on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501551419/cambodias-famed-angkor-makes-30-mil-revenue-in-first-8-months-of-2024/

Apparel workers demand $14 vs $1 employer offer in wage negotiations

Negotiations surrounding the minimum wage for workers in the textile, apparel, footwear and travel goods sector have started, with employee representatives proposing a $14 increase while employer representatives put forward $1. ...

Thang Sinorn
https://kiripost.com/stories/apparel-workers-demand-14-vs-1-employer-offer-in-wage-negotiations

Workers seek $14 minimum wage increase for 2025, employers offer $1

Cambodian worker representatives have called for a $14 increase in the minimum wage, while employer representatives have proposed a $1 increase on the current rate of $204 for 2025, according to a press release from the Ministry of Labour and Vocational Training following a meeting ...

Niem Chheng
https://www.phnompenhpost.com/national/workers-seek-14-minimum-wage-increase-for-2025-employers-offer-1

Tonle Sap’s first Ecotourism Forum held in Phnom Penh

The Minister of Tourism and Chairman of the National Committee for Management and Development of Community-Based Tourism and Ecotourism, Sok Soken, presided over the Opening Ceremony of the First Annual Tonle Sap Ecotourism Network Forum on Thursday in Phnom Penh. Under the theme “Strengthening Tourism ...

Mom Kunthear
https://www.khmertimeskh.com/501546405/tonle-saps-first-ecotourism-forum-held-in-phnom-penh/

Cambodia launches payment app for int’l tourists

Cambodia launched a payment system on Monday to enable tourists to pay at 3.3 million retail shops across Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501544419/cambodia-launches-payment-app-for-intl-tourists/

Worker wage hike negotiations begin today

A meeting to negotiate the new minimum wage for next year for the garment, travel goods and bag industries will start today with 51 representatives of the National Council on Minimum Wage (NCMW) from the government, along with workers and employers representatives, according to a ...

Sen David
https://www.khmertimeskh.com/501540952/worker-wage-hike-negotiations-begin-today/

Authorities seize, destroy over 28 tonnes of banned frozen meats

Over 28 tonnes of banned and tainted frozen meats were confiscated and destroyed by the General Department of Customs and Excise (GDCE) and related units between July and early August. ...

Phak Seangly
https://www.phnompenhpost.com/national/authorities-seize-destroy-over-28-tonnes-of-banned-frozen-meats

Cambodia records 22% rise in air travel

Cambodia’s aviation sector is experiencing a significant uptick in the first half of 2024 with the country’s three international airports handling a combined 3.03 million air passengers from January to June, up 22 percent from 2.48 million recorded in the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501539711/cambodia-records-22-rise-in-air-travel/

Kampong Thom, Gyeongsangbuk-do ink MoU to bolster trade, tourism

Kampong Thom province and Gyeongsangbuk-do province of the Republic of Korea Saturday signed a Memorandum of Understanding (MoU) to further strengthen the partnership between the two countries including trade and investment, education, tourism and agriculture. ...

Mom Kunthea
https://www.khmertimeskh.com/501532239/kampong-thom-gyeongsangbuk-do-ink-mou-to-bolster-trade-tourism/

Cambodia’s bicycle exports decline 38%

Cambodia’s bicycle exports plummeted 38 percent year-on-year in the first half of 2024 with the export value going down to $205 million, according to a report released by the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/501525297/cambodias-bicycle-exports-decline-38/

NBC to launch Bakong for foreign tourists

Tourists visiting Cambodia will soon be able to conduct transactions using the Bakong payment system, according to Chea Serey, Governor of the National Bank of Cambodia (NBC), recently. ...

Chea Vanyuth
https://www.khmertimeskh.com/501526826/nbc-to-launch-bakong-for-foreign-tourists/

Vendors given a week to remove alcohol ads in Takeo

The governor of Takeo province has granted one week’s grace to sellers and vendors of alcoholic drinks and wines to remove all billboards and signage that advertises alcoholic products, or face legal consequences. ...

Khmer Times Staff
https://www.khmertimeskh.com/501522989/vendors-given-a-week-to-remove-alcohol-ads-in-takeo/

GFT exports rise 17 percent in first half of 2024

Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...

Manoj Mathew
https://www.khmertimeskh.com/501521386/gft-exports-rise-17-percent-in-first-half-of-2024/

Vietnamese President to make second overseas trip to Cambodia

The Vietnamese President will make an official visit to Cambodia this week – his second overseas trip since being elected in June – with analysts predicting cyber crimes, the Funan Techo Canal and the border will be on the table. ...

Mao Sreypich
https://kiripost.com/stories/vietnamese-president-to-make-second-overseas-trip-to-cambodia

South Korean pharma eyes medical device venture in Cambodia

Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...

James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/

Cambodia launches tourism marketing, promotion board

According to a Ministry of Tourism statement on Sunday, Cambodia has launched a tourism marketing and promotion board, aiming to promote the tourism sector to international markets. ...

Khmer Times Staff
https://www.khmertimeskh.com/501515189/cambodia-launches-tourism-marketing-promotion-board/

Qingdao-based tyre manufacturer announces Kingdom investment plans

Chinese publicly-listed manufacturer, Mesnac Co., Ltd, announced plans this month to invest in a new manufacturing facility in Cambodia focussed on the production of tyre mould products. ...

James Whitehead
https://www.khmertimeskh.com/501512148/qingdao-based-tyre-manufacturer-announces-kingdom-investment-plans/

Kingdom records 23 percent rise in foreign tourist arrivals in Jan-April

Cambodia received 2.11 million foreign tourists in the first four months this year, up 23 percent compared to the same period last year, a Ministry of Tourism report showed on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501507656/kingdom-records-23-percent-rise-in-foreign-tourist-arrivals-in-jan-april/

Cambodia clocks April revenue of $508 million

In April, the Royal Government of Cambodia collected 2,090 billion riels ($508 million) in revenue, which is equivalent to 7.15 percent of the 2024 annual budget expectation, as per data published by the Ministry of Economy and Finance. ...

Rachel David
https://www.khmertimeskh.com/501507050/cambodia-clocks-april-revenue-of-508-million/

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