News

Cambodia greets 3.2 mln foreigners in Jan.-Nov. 2012

Cambodia has greeted some 3.2 million foreigners in the first eleven months of 2012, up 24 percent compared with 2.58 million visitors in the same period a year earlier, showed the latest statistics of Tourism Ministry on Thursday. From January to November last year, Vietnam topped ...

http://news.xinhuanet.com/english/world/2013-01/03/c_132077998.htm

Vietnam investment in Cambodia hits US$2.5 bil

Vietnamese enterprises so far have invested in 124 projects in Cambodia with total registered capital of some US$2.5 billion, four times higher than the figure in 2009. As such, Vietnam is now among the top five investors in Cambodia, said the Association of Vietnamese Investors in ...

http://english.vietnamnet.vn/fms/business/55818/vietnam-investment-in-cambodia-hits-us-2-5-bil.html

Tourist arrivals top estimates

The number of tourists to arrive in Cambodia in 2012 was at least 200,000 higher than expectations, possibly reaching 3.5 million, officials said yesterday. Thong Khon, Minister of Tourism, told the Post yesterday that  in the first 11 months of 2012, Cambodia received 3.2 million tourists, ...

http://www.phnompenhpost.com/2013010160559/Business/tourist-arrivals-top-estimates.html

Tough times for telecom bosses in 2012

The year 2012 has seen a number of changes of personnel within different companies in Cambodia, particularly in the telecommunications sector, but also in the insurance and banking industry. According to In Channy, ACLEDA Bank’s CEO and vice chairman of the International Business Chamber Cambodia, the ...

http://www.phnompenhpost.com/2013010160558/Business/tough-times-for-telecom-bosses-in-12.html

Cambodia battles to save rare Mekong dolphins

KRATIE (Cambodia): The sight of two dolphins twisting playfully in the murky waters of the Mekong river elicits barely-stifled squeals of delight from a boatload of eco-tourists. But a short distance upstream, river guard Pech Sokhan sighs as he holds up  two large, tangled gill nets ...

http://www.nst.com.my/latest/cambodia-battles-to-save-rare-mekong-dolphins-1.193943

Thai-Cambodian single visa to commence Thursday

Starting Thursday, tourists from 35 countries could enter Thailand and Cambodia with single visa as foreign ministers of the two countries agreed on Wednesday. Under the Acmecs single visa, tourists from Australia up to United States could apply entry visa at Thai or Cambodian embassies or ...

http://www.nationmultimedia.com/breakingnews/Thai-Cambodian-single-visa-to-commence-Thursday-30196840.html

6.7% growth forecast for Cambodia

Cambodia is projected to have the second fastest-growing economy in Southeast Asia over the next two years, the World Bank said in a regional economic update last week. Gross domestic product is forecast to expand 6.7 per cent next year and 7 percent in 2014. That ...

http://www.nationmultimedia.com/aec/6-7%C2%A0rowth-forecast-for-Cambodia-30196729.html

Single visa with Cambodia to be discussed

Foreign Minister Surapong Towichukchaikul and his Cambodian counterpart Hor Namhong will co-chair the meeting in Bangkok on Tuesday and Wednesday to discuss several issues, including the single-visa initiative. The idea of a joint visa for visitors to both Thailand and Cambodia has been mooted as a ...

http://www.nationmultimedia.com/politics/Single-visa-with-Cambodia-to-be-discussed-30196550.html

Cambodia exposed to large fiscal risks from disasters

Cambodia, Laos and the Philippines are the three Southeast Asian countries most heavily exposed to fiscal risks from disasters, the World Bank warned yesterday. In its annual economic update on East Asia and the Pacific, the bank said the region was the most disaster-stricken in the ...

http://usa.chinadaily.com.cn/world/2012-12/20/content_16035026.htm

Cambodia reports strong October travel

International arrivals to Cambodia bounced back in October with a growth of 20% after a below average performance in the third quarter. Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 24.8% to 290,959 during October. The percentage increase for 10 months lifted ...

http://www.ttrweekly.com/site/2012/12/cambodia-reports-strong-october-travel/

Single visa test-run

A single visa for Thailand and Cambodia is ready for launch 27 December at all of the countries’ consulates and embassies. It is a test phase of a wider project called ACMECS Single Visa (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) involving Thailand, Laos, Vietnam, Cambodia, and ...

http://www.ttrweekly.com/site/2012/12/single-visa-test-run/

Fresh arrests on Laos border

Cambodian authorities announced yesterday they would release six Laos who were arrested in Cambodia last Thursday on suspicion of illegal logging, provided that Laos cooperates with broader border negotiations in Stung Treng province’s Siam Pang district, where the men were arrested. Svay Nhoun, a Stung Treng ...

http://www.phnompenhpost.com/2012121760313/National/fresh-arrests-on-laos-border.html

AEC will 'Cut impact of US, EU woes'

Malaysia is optimistic Asean is ready to be integrated into a single economic block by December 2015 despite uncertainties over growth in the euro zone and the US. International Trade and Industry Minister Mustapa Mohamed said the 10 member countries would be able to cushion the ...

http://www.nationmultimedia.com/business/AEC-will-Cut-impact-of-US-EU-woes-30195833.html

Cambodia Least Competitive in Region on Global Index

Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...

http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html

Cambodia Retains Its Reputation for Corruption

Cambodia continues to rank among the most corrupt countries in the world and much needs to be done to enforce the Anti-Corruption Law and investigate allegations of corruption, Transparency International (T.I.) Cambodia said yesterday. According to T.I.’s 2012 Corruption Perceptions Index (CPI), Cambodia ranked 157th among ...

http://www.cambodiadaily.com/news/cambodia-retains-its-reputation-for-corruption-6475/

Vietnamese still Cambodia’s strongest market

Cambodia’s tourism arrivals jumped more than 24 percent during the first ten months 2012, with more than 2.86 million international visitors. A tourism ministry update reported Vietnam as the country’s number one largest source of foreign visitors, with 638,560 tourists followed by South Korea and China, ...

http://www.etravelblackboardasia.com/article/88009/vietnamese-still-cambodias-strongest-market

CTH mulls EPL sub-licensing

Cable Thai Holdings (CTH) says it is in talks with leading cable-TV operators and private broadcasters in Cambodia and Laos to grant sub-licence rights to broadcast the English Premier League for three seasons beginning in 2013-14. CTH is a group of more than 300 cable-TV operators ...

http://www.nationmultimedia.com/business/CTH-mulls-EPL-sub-licensing-30195300.html

Airports of Thailand eyes Cambodia, Laos

Airports of Thailand (AOT) regards possible co-operation with Myanmar’s Airport Authority as a first step for engaging in airport operations and investment in Laos and Cambodia, the Bangkok Post reported AOT’s acting president, Somchai Sawas-deepon, as saying. ...

http://www.phnompenhpost.com/index.php/2012113060017/Business/airports-of-thailand-eyes-cambodia-laos.html

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