Friday, April 20, 2018
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Hang Sokunthea

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GMAC Slams Union’s Criticism of New Garment Training Institute

The Garment Manufacturers Association in Cambodia (GMAC) issued a statement on its Facebook page on Wednesday hitting back at comments from a union official who criticized its new Garment Training Institute.

Industry Experts Say Ecotourism Has Potential to Expand

As tourists’ itineraries veer toward nature resorts and jungle trekking, companies and conservationists are considering how they can define, develop and expand ecotourism and coastal tourism in Cambodia.

First Garments Manufacturing Training Institute to Open

Cambodia’s first garments manufacturing training institute will begin classes today, aiming to educate a new generation of students in apparel design, development, management, merchandising and industry engineering.

Taiwan Eateries Look to Bite Into Cambodia’s Food Scene

Businesses from one of Taiwan’s better known street-food scenes—Yongkang Street in Taipei—are eyeing Cambodia as a gateway to enter Southeast Asia.

Tax Department Delays VAT on Microfinance Institutions

The Finance Ministry’s general department of taxation will delay implementing a new provision meant to clarify financial services for which the value-added tax (VAT) is required, after microfinance institutions voiced concerns about the burden it would entail.

Rising Food, Fuel Prices to Push Up Inflation, AMRO Says

Cambodia’s rising wages and consumer demand for food and fuel is expected to push up inflation this year, a regional research agency said following a country visit.

Emirates Flights From Capital to Boost Tourism, Shipping

Dubai-based Emirates’ recent launch of direct daily flights between Phnom Penh and Rangoon—adding Cambodia’s capital to the airline’s network of 156 destinations worldwide for commercial passengers—will offer new benefits to the tourism and cargo services sectors, industry insiders said on Monday.

Price Hikes Lead to Soaring Revenue at Angkor

Despite concerns over Angkor Archaeological Park’s steep ticket markup earlier this year, foreign visitor numbers have continued to steadily increase at the country’s marquee attraction and revenue from ticket sales has soared, according to official statistics.

Tuk-Tuks Being Squeezed by Competition, Rise of Ride Apps

Sim Dom has been plying his trade as a driver on the streets of Phnom Penh for more than 12 years, first with a motorbike and now with a tuk-tuk. Business used to be good but these days, the fruits of his labor are not so bountiful as before.

Cambodian SEZ First to Join UN Initiative for Better Worksites

Cambodia’s largest Special Economic Zone (SEZ) on Thursday became the first entity of its kind in the world to sign onto a new U.N. investment initiative aimed at environmental and social improvements such as gender equality and waste reduction in the workplace, according to officials.

Market for Solar Power Heats Up, but Policy Lagging Behind

The arrangement is one of several new ways solar is expanding throughout Cambodia. An increasing number of firms are installing large-scale systems to help power factories and residential high-rises, taking advantage of solar’s positive environmental image and the savings possible compared to the high cost of the country’s grid-supplied power.

New Cancer Center Set to Open to Fill Gaps in Treatment

A major new medical center equipped for comprehensive cancer treatment—including Cambodia’s first bone marrow transplants—is set to open in September, potentially alleviating the need for some patients to travel abroad for treatment.

Ride-Services Giant Uber Launches (Softly) on Phnom Penh Streets

A select group of Phnom Penh’s tech enthusiasts have been let in on a secret: Uber, the massively popular ride-sharing app, has officially dipped its toe into Cambodian waters.

Wirecard-Backed Cashless Payment App Nears Public Launch

A startup that aims to bring electronic payments to Cambodia’s shops and restaurants has opened its mobile app for public download.

World Bank Subsidiary to Train 2,000 Contract Rice Farmers

A World Bank subsidiary will soon start training 2,000 farmers contracted to supply a leading Cambodian rice exporter on how to meet an international farming standard.

Japanese Taxi Leasing Venture Set to Hit Road in Cambodia

A pilot program for a taxi leasing venture by two Japanese companies that aims to make it easier for prospective drivers to get started is set to hit the road in Cambodia by early next month, according to a report by the Nikkei Asian Review on Sunday.

Government Launches Its Ambitious 10-Year Financial Plan

The government distributed a 109-page report on its strategy to develop the country’s financial sector over the next 10 years at an official launch event on Thursday, making ambitious proposals to improve a wide array of sectors across the economy.

Cambodian Tourism Startup Among 4 Regional Grant Winners

CamboTicket, a Cambodian travel startup that coordinates regional transportation services, was one of four companies to win grants in a regional competition to connect startups with international investors.

Hun Sen Reprimands Minister in TVK Row

Prime Minister Hun Sen chastised Information Minister Khieu Kanharith on Tuesday for publicly questioning his appointment of a new state television boss, saying he had every right to fill the position and blaming Mr. Kanharith for failing to pick up his telephone.

With City Visit, World Heritage Efforts Ramp Up

As part of Cambodia’s push to have the cities of Battambang, Kampot and Kratie granted world heritage status, a Unesco delegation is set to visit Battambang today and assess its architecture and historical buildings.

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