News

Cambodia sets 2020 tourism target

Cambodian Prime Minister Hun Sen expects the country to welcome 8 million foreign visitors by 2020. Talking to local media, the PM said the country was on track to achieve the ambitious target by 2020. The largest sources of tourists to Cambodia are Vietnam, China, South ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/02/cambodia-sets-2020-tourism-target/

Exchange to receive millions

Cambodia’s stock exchange will receive a $2.5 million funding injection from the South Korean government in an attempt to draw more corporate interest from companies who may want to go public, according to a recent report on state media site AKP. The funds will go towards ...

Eddie Morton
http://www.phnompenhpost.com/business/exchange-receive-millions

Cambodia on track to attract 8 mln foreign tourists by 2020: PM

Cambodian Prime Minister Hun Sen said Tuesday that the country is likely to receive up to 8 million foreign visitors by 2020. The premier’s optimistic forecast came after the country greeted some 4.2 million inbound tourists last year, an increase of 17 percent compared to ...

Joseph A. Cambra
http://www.nzweek.com/world/cambodia-on-track-to-attract-8-mln-foreign-tourists-by-2020-pm-112209/

Sam Rainsy asks South Korea to protect rights of Cambodians workers

The opposition leader Sam Rainsy called on South Korea to protect the rights of Cambodian people during his visit earlier this month. Chairperson of National Human Rights Commission of Korea, Byung-Chul Hyun, said in a letter to Sam Rainsy that “I share your concerns for ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=YjMxNzIwNWRkZmF

About 871,000 Cambodians travel abroad in 2013, up 10 pct

The number of Cambodia’s outbound travelers increased by 10 percent year-on-year to 871,000 last year, a report of the Ministry of Tourism showed Tuesday. Ang Kim Eang, president of Cambodia Association of Travel Agents, which represents about 220 tour and travel companies, said most of Cambodian ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/18/c_133124854.htm

Cambodia copes with double-digit traffic growth

The Cambodian government recently awarded the operator of its three international airports more than $100 million for upgrades in an effort to accommodate strong passenger growth driven by the country’s nascent tourism industry. Cambodia Airports—the subsidiary of Italian firm Vinci, which serves as the concession ...

Jennifer Meszaros
http://www.ainonline.com/aviation-news/2014-02-05/cambodia-copes-double-digit-traffic-growth

Cambodia's cassava export declines 58 pct last year

Cambodia exported 300,000 tons of fresh and dry cassava in 2013, down 58 percent compared with the 720,000 tons recorded a year earlier, according to figures by the Commerce Ministry on Saturday. The country earned a revenue of 16 million US dollars from cassava export last ...

The Global Times News Staff
http://www.globaltimes.cn/content/840494.shtml#.Uu8A2fmSxqV

Cambodia earns US$2.6 billion from tourism

Cambodia attracted some 4.2 million foreign tourists last year, up 18 percent year-on-year, Tourism Minister Thong Khon said on Monday. Five largest sources of tourists to Cambodia are Vietnam, China, South Korea, Laos and Thailand. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MzAzZTU5MWNkMzB

Cambodian garment export earns 5.53 bln USD in 2013

Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/27/c_133078498.htm

Cambodia's rubber export up 34 pct in 2013

Cambodia has seen a 34 percent rise in dry rubber export last year thanks to rising demand globally, the figures of the Ministry of Commerce showed Thursday. The country had exported 74,200 tones of dry rubber last year, up 34 percent from 55,344 tones in a ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/23/c_133068429.htm

Impoverished Cambodians for sale

Many Cambodian women arrive in South Korea or China for marriage, only to find themselves being chosen as mistresses, say labour rights activists. While young Cambodian men, who travel to Thailand to work on fishing boats, often fall prey to drug abuse. Loss of land, debt, ...

Michelle Tolson
http://www.ipsnews.net/2014/01/impoverished-cambodians-sale/

Chinese investment in Cambodia up in 2013

Cambodia had attracted some $427 million of investment from China last year, up 62 percent compared with the $263 million in a year earlier, according to a report by the Council for the Development of Cambodia (CDC). The cumulative Chinese investment in Cambodia has totaled $9.6 ...

Global Times News Staff
http://www.globaltimes.cn/content/838148.shtml#.Utx56xD-LIU

Cambodia sends 22,300 laborers abroad last year

Cambodia had dispatched some 22, 300 laborers overseas in 2013, down 36 percent from 34,800 a year earlier, figures from the Ministry of Labor showed Monday. The country sent 13,170 workers to Thailand last year, down 50 percent year-on-year; 8,820 to South Korea, up 8 ...

Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-01/15/c_133047425.htm

Cambodians and Koreans Join Protest in Seoul

Hundreds of Cambodians living in South Korea protested in front of Seoul’s City Hall on Sunday, demanding justice for five garment workers killed in clashes with police on January 3, and calling for Prime Minister Hun Sen to step down. With public protests indefinitely banned in ...

Colin Meyn
http://www.cambodiadaily.com/news/cambodians-and-koreans-join-protest-in-seoul-50459/

Korean deal gives palm sugar farmers pay day

Palm sugar farmers in Kampong Speu province will soon export their goods to South Korea, the senior officer of a grower’s network said on Monday. Sam Saroeun, president of the Kampong Speu Palm Sugar Promotion Association, said an agreement with the Korea Trade Investment Promotion Agency ...

Chan Muy Hong
http://www.phnompenhpost.com/business/korean-deal-gives-palm-sugar-farmers-pay-day

South Korean Embassy Denies Role in Strike Suppression

The South Korean Embassy on Wednesday denied a news report that it had lobbied Cambodian military authorities to “crack down on protesters” in a bid to shield Korean investments in the garment industry, prior to Friday’s killing of five protesters and the wounding of more ...

Denise Hruby
http://www.cambodiadaily.com/news/south-korean-embassy-denies-role-in-strike-suppression-50364/

NGO pair sought over Korea work scam

Authorities issued an arrest warrant last week for the director of a local NGO involved with an operation that allegedly bilked thousands out of money by claiming the company could find them work in South Korea. Warrants for the arrests of Theun Samnang, head of NGO ...

Sen David
http://www.phnompenhpost.com/national/ngo-pair-sought-over-korea-work-scam

Private Ship Registry Did Not Monitor Compliance

The privately-operated International Ship Registry of Cambodia (ISROC), a South Korea-based company that owns the rights to register foreign vessels under the Cambodian flag, told ship owners last year that it was not monitoring their observance of international maritime laws, and that it was their ...

Denise Hruby
http://www.cambodiadaily.com/news/private-ship-registry-did-not-monitor-compliance-48532/

Website of Company Running Ship Registry Closed Down

The website of the International Ship Registry of Cambodia (ISROC), a private company based in South Korea that bought the rights from the government to register foreign vessels under the Cambodian national flag for $6 million, is no longer operating. The shutdown means that foreign vessels ...

Denise Hruby
http://www.cambodiadaily.com/news/website-of-company-running-ship-registry-closed-down-48428/

Construction of new airport planned for 2014

After being delayed twice, construction of the New Siem Reap International Airport (NSRIA) is expected to start in early 2014, a senior government official said yesterday. Tek Reth Samrach, chairman of the NSRIA steering committee, said a detailed plan must be completed by the airport’s two ...

Chan Muy Hong
http://www.phnompenhpost.com/business/construction-new-airport-planned-2014

Sales of Korean energy drink explode in Cambodia

Cambodia last year accounted for 24 percent of the overseas sales of Bacchus, an energy drink marketed by South Korea’s Dong-A ST, Korea IT Times reported Monday.  “By the year’s end, the company expects it would sell 100 million cans of Bacchus, about eight cans per ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZWU4YTU1NzlhMTM

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