Business

Tourists visit Pub Street in Siem Reap city. Picture taken on February 12, 2023. CamboJA/ Sorn Sarath

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As Government Campaigns to Promote Tourism, Recovery Appears Fragile

21 Mar 2023 8:36 PM|
Sorn Sarath|

As part of its years-old “China Ready” strategy, aimed at promoting Chinese tourism, the government has been working to boost Chinese language skills among tour guides, support tour infrastructure, and improve the quality of tourism services.

Business ·

As Government Campaigns to Promote Tourism, Recovery Appears Fragile

21 Mar 2023 8:36 PM|

A view of The Pipes Resort on Kong Rong Sanloem, which Preah Sihanouk authorities have ordered closed. (The Pipes Resort)

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Businesses and Resorts Ordered to Leave Koh Rong Sanloem, Some Without Compensation

17 Feb 2023 4:10 PM|

As a final eviction deadline for embattled Koh Rong Sanloem businesses loomed Thursday, owners of hotels and restaurants who rented land there refused to leave, demanding compensation.

Tourists visit the Royal Palace in Phnom Penh, January 13, 2023. CamboJA/ Pring Samrang

Business ·

Cambodia Prepares for the Return of Chinese Tourists and Visitors

13 Jan 2023 10:21 AM|

As China reopens its borders, removing quarantine and testing requirements for returning travelers, the Cambodian government said it was eager to welcome back Chinese tourists and investors while rights groups urged the government to do more to prevent transnational crime.

Farmers harvest rice in Battambang province’s Bavel district on November 20, 2022. CamboJA/Sok Savy

Business ·

Experts Urge Agriculture Investments as Farmers Face Low Rice Prices

25 Nov 2022 4:45 PM|

Farmers in Cambodia’s northwestern “rice bowl” provinces are voicing concerns, and criticisms of the government, over low rice prices this harvest season, which one expert called a decades-old problem due to capital and storage constraints.

A vendor sells vegetables at a market in Phnom Penh in February 2021. CamboJA/ Pring Samrang

Business ·

Cambodia’s GDP and Inflation to Rise This Year, World Bank Says

27 Sep 2022 6:56 PM|

Cambodia’s GDP growth is estimated to reach 4.8% this year, and continue rising for the next two years while remaining below pre-pandemic levels, and inflation may hit 6%, more than double the rates of the last two years, the World Bank said.

A construction site in Sihanoukville province, has been left unfinished for nearly two years. Many Chinese investors left town due to COVID-19. Picture taken August 23, 2022. CamboJA/ Pring Samrang

Business ·

Sihanoukville property owners in limbo as unfinished high-rises litter the city

31 Aug 2022 9:46 PM|

Sihanoukville— In 2018, Kheav Sothanny leased his 600 square meters of land in central Sihanoukville to a Chinese investor to build a 14-storey condo. The contract offered him a rental fee of $20,000 a month.

Vendors from different agricultural communities of Siem Reap province sell organic vegetables and other products at Siem Reap weekend market on July 30, 2022. Photo supplied.

Business ·

Siem Reap weekend markets a boon for small scale organic farmers

12 Aug 2022 7:51 AM|

Siem Reap weekend market, where small scale farmers sell organic vegetables and other local products, has been a great success story, according to government officials and the farmers themselves.

A man drives a motorcycle past Prasac Microfiance in Phnom Penh, July 6, 2022. CamboJA/ Pring Samrang

Business ·

National Bank Report Shows Cambodia’s Credit Growth Reaches $50 billion

6 Jul 2022 5:56 PM|

Cambodia’s financial sector continued to see strong growth in the first quarter of 2022, with the country’s total credit reaching more than $50 billion, according to the National Bank of Cambodia (NBC).

Business

As Government Campaigns to Promote Tourism, Recovery Appears Fragile

As Government Campaigns to Promote Tourism, Recovery Appears Fragile

Businesses and Resorts Ordered to Leave Koh Rong Sanloem, Some Without Compensation

Cambodia Prepares for the Return of Chinese Tourists and Visitors

Experts Urge Agriculture Investments as Farmers Face Low Rice Prices

Cambodia’s GDP and Inflation to Rise This Year, World Bank Says

Sihanoukville property owners in limbo as unfinished high-rises litter the city

Siem Reap weekend markets a boon for small scale organic farmers

National Bank Report Shows Cambodia’s Credit Growth Reaches $50 billion

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