Cambodia enjoys tourism growth

2 July 2015

Cambodia’s tourist arrivals registered an increase of 8.6% in April. The country attracted 361,139 trips compared to 332,690 during the same month last year. Vietnam led the field with 89,907 visits up 14.2%. Other markets in the top five were: China (54,800; +30.9%); South Korea (27,746; +8.6%); Thailand (24,397; +31.7%); and Laos (22,584; -4.2%).

Source:

http://www.ttrweekly.com/site/2015/07/cambodia-enjoys-tourism-growth/

Twin tower skyscraper proposed for capital

2 July 2015

A Chinese and local developer are in discussions with Phnom Penh’s City Hall to build a $3 billion, 500-metre-high twin tower project in the center of the city, making it the tallest building in the capital. The Diamond Tower, which was expected to be completed by 2017.

Source:

http://www.phnompenhpost.com/business/twin-tower-skyscraper-proposed-capital

New SEZ aims for logistics hub

2 July 2015

A new special economic zone aiming to make Cambodia into a regional logistics hub in Kandal’s Takhmao district. The bonded warehouse will enable companies to import goods duty-free, manufacture the final product and export them out of the country, if the final product is exported and not sold in the local market.

Source:

http://www.phnompenhpost.com/business/new-sez-aims-logistics-hub

Border provinces OK $60M in Thai deals

1 July 2015

Businesses and government officials from border provinces in Cambodia and Thailand signed 31 deals in Siem Reap last week, in a bid to increase contract farming agreements and boost cross-border trade. More than 90 Cambodian and 50 Thai businesses partook in a business matchmaking event last week, resulting in nearly $60 million in trade deals, including agreements for contract farming of cassava, cashew and mangoes.

Source:

http://www.phnompenhpost.com/business/border-provinces-ok-60m-thai-deals

SMEs' blueprint for success in Cambodia

1 July 2015

A GOOD media planning strategy is essential for small and medium-sized enterprises from Thailand to break into Cambodia. According to Dataxix Reports on Cambodia Television Market 2012-2020, the TV market in Cambodia is dominated by 11 terrestrial TV broadcasters with highest penetration of 73% of total households.

Source:

http://www.nationmultimedia.com/business/SMEs-blueprint-for-success-in-Cambodia-30263300.html

40 Companies Display Products for Sale in China

1 July 2015

Some 40 companies from provinces and municipality across the country have displayed their products for sale in China, as this country is a big market for Cambodia. In 2014, Cambodia-China trade exchange volume was recorded at US$3,757 million. Cambodia’s exports to China were amounted to US$483 million last year, up 33%.

Source:

http://www.akp.gov.kh/?p=64786

Cambodia To Spend US$20 Million on Local Agro-Food Production Project

1 July 2015

The Ministry of Economy and Finance and the Ministry of Agriculture, Forestry and Fisheries have been discussing a US$20 million-worth project to boost the local agro-food production, aiming to improve production capacity, strengthen food safety, and reduce vegetable and fruit import from abroad, which will begin in 2016.

Source:

http://www.akp.gov.kh/?p=65072