News

Cambodia’s second InterContinental Hotel is advancing works on its $77 million project in Sihanoukville. The 17-storey luxury hotel which spans 3 hectares is being developed by the Thai Boon Roong Company, the same firm spearheading the 133-storey Twin Trade Center in Phnom Penh. ...

Cambodia’s business community is anticipating keen interest from overseas investors as registration for the country’s international investment conference opens this week. The International Business Chamber (IBC) of Cambodia investment conference will take place on October 6th and 7th at the Intercontinental Hotel in Phnom Penh. The ...

The Cambodian finance industry is to celebrate the sixth Banking and Finance Conference a week from today, at a meeting that will focus on developing technology in the country’s financial sector. ...

Prime Minister Hun Sen will open Cambodia’s International Investment Conference in Phnom Penh later this year, the International Business Chamber of Cambodia (IBC) said in a statement yesterday. To be held over two days, the event will take place at the Intercontinental Hotel in Phnom Penh, ...

An existing moratorium on economic land concessions should be no impediment to pouring more cash into the Kingdom’s booming, and highly criticised, rubber trade, industry executives in the capital heard yesterday, as many current ELCs can simply be recycled to a new crop of investors. Ly ...

Days after warning that his ruling party was as capable and willing to protest as the opposition, and threatening a barbed-wire fence in Freedom Park to divide the two groups, Prime Minister Hun Sen was yesterday talking multi-party reform. Speaking at the Intercontinental Hotel in Phnom ...

Cambodian manufacturers are at risk of being blocked from exporting to the United States for using pirated software, IT industry bodies warned yesterday. Speaking at a seminar that was held at the Intercontinental Hotel in Phnom Penh, Michael Mudd, the secretary general of the Asia-Pacific Open ...

US and Cambodian governments have presented a united front calling for the country’s agriculture industry to diversify, modernise and commercialise. US ambassador William E Todd and the Cambodia’s Deputy Prime Minister and Chairman of the Council for Agricultural and Rural Development Yim Chhay Ly led an ...

In a bid to make Cambodia more business-friendly, the government will cut back on red tape and reduce industry membership costs, Sun Chanthol, the new minister of commerce, said yesterday. Speaking to representatives from the private sector at a conference at the InterContinental Hotel in Phnom ...

In diversifing its holiday attractions, Cambodia’s tourism industry should focus on three key areas – the country’s northeastern region, the coasts and the vicinity around Siem Reap – but efforts to promote these destinations are still lacking, an industry leader says. Statistics from the Ministry ...

Total fixed assets of Singaporean investment in Cambodia last year reached $82.7 million, a 500 per cent increase from $13.8 million in 2011, data from the Council for the Development of Cambodia (CDC) show. Singaporean entrepreneurs who have already entered the Cambodian market said they expect ...

PHNOM PENH: There are about a hundred Singapore-owned businesses in Cambodia, mainly located in the capital, Phnom Penh. Many, who set up shop there, feel the numbers have stayed low because there is a perception that the country is not safe. In 2011, Singapore invested close ...

Visitors hoping to stay in Phnom Penh’s top hotels in the coming days will have to seek shelter elsewhere, as the city’s most sought after rooms are booked solid for the East Asia and Asean summits, hoteliers said yesterday. “We are completely full during the ...