Industries

Cambodia signs deal with Chinese province

The Cambodian government signed a memorandum of understanding (MoU) with officials from China’s Shaanxi province aimed at bolstering trade and tourism, according to a release yesterday by the Ministry of Commerce. ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/cambodia-signs-deal-chinese-province

Push to reduce chemical dependency

The Ministry of Agriculture is working to develop a procedural framework for the trade and use of biological control agents (BCAs) in agriculture in an effort to improve crop yields, protect consumer health and ensure continued access to key export markets. Regulation could also create ...

Kali Kotoski
http://www.phnompenhpost.com/business/push-reduce-chemical-dependency

Coastal economy rises on tourist tide

Preah Sihanouk province welcomed nearly 2.4 million tourists in 2016, generating $96 million in revenue, following a significant rise in domestic and international tourist arrivals, a tourism official said yesterday. . ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/coastal-economy-rises-tourist-tide

Casino in Poipet shut; reasons unknown

A Poipet venue offering online gambling and affiliated with nearby Crown Casino was closed by authorities over the weekend, according to a company security official.​ ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/casino-poipet-shut-reasons-unknown

River Festival nets 140,000 tourists

The government’s three-day, third annual, River Festival in Steung Treng province that ended on Sunday attracted around 140,000 local and international tourists, the Ministry of Tourism announced yesterday. ...

Sum Manet
http://www.khmertimeskh.com/news/36931/river-festival-nets-140-000-tourists/

Tourist price rises curbed

The Ministry of Tourism on Thursday issued a prakas or order to curb price rises during big festivities in a bid to promote local tourism. The prakas, signed by Tourism Minister Thong Khon and released on Thursday said the ministry has told tourism operators to manage ...

Sok Chan
http://www.khmertimeskh.com/news/36934/tourist-price-rises-curbed/

World Heritage status, tourists threaten Angkor preservation

The global recognition given to the Angkor temple complex in Siem Reap—and other sites around the world that receive U.N. world heritage status—does as much to damage as it does to preserve the historical gem, according to a new research paper that was published in the ...

Matt Surrusco
https://www.cambodiadaily.com/news/world-heritage-status-tourists-threaten-angkor-preservation-127067/

Vinamilk to take full stake of Angkormilk

Vietnamese state-owned dairy giant Vinamilk intends to spend almost $11 million to buy its Cambodian partner’s entire stake in Angkor Dairy Products Co Ltd, better known as Angkormilk, according to Vietnamese media. ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/vinamilk-take-full-stake-angkormilk

Factories told to cool off for hot season

According to the official announcement, manufacturers in the textile, garment and footwear industry must do more to stop employees from fainting and suffering ill health as a result of working under excessive temperatures. ...

Mom Kunthear
http://www.khmertimeskh.com/news/36898/factories-told-to-cool-off-for-hot-season/

Government to help abattoir stay out of the red

The company behind Cambodia’s first industrial slaughterhouse has refuted local media reports that claimed the government intends to shut down the company, insisting that remarks made by the minister of agriculture last week were taken out of context. ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/government-help-abattoir-stay-out-red

Hyatt Regency to open in Phnom Penh

Hyatt Regency added Cambodia to its growing footprint in Southeast Asia with a groundbreaking ceremony yesterday to lay the foundations of the international five-star hotel that is expected to open in Phnom Penh in 2020. ...

Sok Chan
http://www.khmertimeskh.com/news/36773/hyatt-regency-to-open-in-phnom-penh/

Specialist food factory shapes up

Confirel Co. Ltd. and Pharma Product Manufacturing Enterprise will unveil its $7 million factory in Phnom Penh to process Kampong Speu palm sugar and Kampot pepper by July, the company said. ...

Sok Chan
http://www.khmertimeskh.com/news/36732/specialist-food-factory-shapes-up/

Beer tops advertising budgets

Beer advertising is one of the fastest growing advertising segments in the Kingdom, though just as people often struggle to keep track of how many beers they have put away, the amount that local breweries and distributors actually spend on media placements is subject to ...

Lay Samean
http://www.phnompenhpost.com/business/beer-tops-advertising-budgets

Silk weavers find it tough

Today, mulberry trees are a rarity in Cambodia – most of them having been destroyed during the Khmer Rouge era – and silk weavers in Phnom Penh’s main silk producing area in Koh Dach, an island on the Mekong river, have no choice but to ...

Chea Vannak
http://www.khmertimeskh.com/news/36568/silk-weavers-find-it-tough/

ANZ Royal home loan center

More Cambodians took out home loans last year than the year before, prompting banks like ANZ Royal to provide specialized services for the growing sector.   ...

May Kunmakara
http://www.khmertimeskh.com/news/36508/anz-royal-home-loan-center/

Feed mill to take bite out of growing import demand

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/feed-mill-take-bite-out-growing-import-demand

Feed mill to take bite out of growing import demand

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/feed-mill-take-bite-out-growing-import-demand

Casino tax revenue rises

The government collected $48 million from the casino industry last year, a rise of about 40 per cent compared with 2015. Ros Phearun, a deputy director-general of the Finance Ministry’s financial industry department, said that along with an effort by the government to improve tax revenue, ...

May Kunmakara
http://www.khmertimeskh.com/news/36411/casino-tax-revenue-rises/

Employers seek delay in garment pay reform

Plans to pay garment workers twice a month will be difficult for employers to implement, industry representatives have warned. The Labor Ministry is amending laws so companies will be required to pay staff twice a month, in a bid to protect workers from being abandoned by ...

Mom Kunthear
http://www.khmertimeskh.com/news/36429/employers-seek-delay-in-garment--pay-reform/

Pay protest amid fears owners skipped town

More than 600 workers from the capital’s Bodykids Fashion Wear factory protested on Friday and Saturday after management failed to pay them their February wages. ...

Sen David
http://www.phnompenhpost.com/national/pay-protest-amid-fears-owners-skipped-town

Play fair, say local producers

Manufacturers of local products want fair play. While they have been receiving some consumer-support for their products, they still face an uphill battle against the same products imported from neighboring countries. And many local producers say the government should be doing more to help them ...

Chea Vannak
http://www.khmertimeskh.com/news/36313/play-fair--say-local-producers/

Banteay Meanchey undergoes infrastructure boost

Banteay Meanchey province, nestled between the better known provinces of Siem Reap and Battambang, once suffered from a lack of business activity partly due to a long-running border dispute with Thailand. Recent indications, however, show the area is recovering some lost ground on the infrastructure ...

Vandy Muong
http://www.phnompenhpost.com/post-property/banteay-meanchey-undergoes-infrastructure-boost

Thai university to set up tourism school

Thailand’s Rajamangala University of Technology plans to set up a tourism and hospitality institute in Siem Reap province to build the capacity of Cambodians working in the tourism sector. ...

Chea Vannak
http://www.khmertimeskh.com/news/36200/thai-university-to-set-up-tourism-school/

South coast holds development key

Real estate and hotel developers have identified the southern coast of Cambodia as having tourism potential to encourage more business investment. ...

Chea Vannak
http://www.khmertimeskh.com/news/36111/south-coast-holds-development-key/

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