Cambodia’s tourist arrivals registered a 25.3% growth in May according to the country’s statistics and tourist information department. The country welcomed 292,115 visits compared to 233,220 during the same month in 2012. Released by the Ministry of Tourism, Monday, data showed neighbouring Vietnam was the top supplier with 71,956, an increase of 21.7% from 59,148 visits in May last year….
Cambodia is emerging as a key investment destination—and potential consumer market—for companies focused on Southeast Asia. Often overshadowed by its regional rivals Vietnam, Thailand and, most recently, Myanmar, Cambodia has been undergoing a quiet transformation. After more than a decade of 6%-plus growth—with just one hiccup during the global crisis in 2009—the Southeast Asian nation of 15 million people has…
Foreign investment rises 73 pct A mid global economic fragility, foreign direct investment (FDI) in Cambodia grew a whopping 73 per cent in 2012 from the year before, a huge increase helping to fuel a record-setting amount of money pouring into least developed countries, according to the United Nations Conference on Trade and Development. Released at the end of last…
Efforts of the Cambodian Ministry of Tourism are starting to pay off after years promoting the country’s beach destination of Sihanoukville as the next travel frontier in Cambodia. A premier beach resort in Cambodia was not what travellers think of when booking a trip to Cambodia, according to Bangkok-based Backyard Travel sales manager Sibylle Rotzler. Until recently, getting to the…
Vietnam, Cambodia, Thailand by the sea A sea route connecting the Mekong Delta province of Kien Giang in Vietnam with Cambodia’s Sihanoukville and Thailand’s Trat province will be introduced to shipping companies this year. Kien Giang’s provincial Department of Culture, Tourism and Sports director, Le Minh Hoang, said Vietnamese and Thai authorities had already agreed to open the sea route…
Multi-million dollar investments for Cambodian airports. Almost US$400 million will be invested in three of Cambodia’s airports over the next eight years. Cambodia Airports, which is 70 per cent owned by France’s VINCI Airports, will fund this project. An approximate US$80 million will be invested to expand the international terminal at Phnom Penh International Airport, while another US$100 million will…
Preah Sihanouk International Seaport welcomes more tourists in 2012 The number of international tourists who visited Cambodia in 2012 through the Preah Sihanouk International Seaport has risen more than 56 percent from the previous year. Based on figures from the Tourism Department of Sihanoukville, the 42 tour cruise-ships that docked at the seaport carried 23,517 multinational tourists in 2012. There…
Cambodia tourism grow up International arrivals to Cambodia reached 3,200,000 by the end of November and officials project 3.5 million for the entire year. Phnom Penh Post reported Tourism Minister, Thing Kon, as saying Cambodia should receive an additional 300,000 tourists in December. “The number of tourists in 2012 is at least 200,000 higher than expectations, possibly reaching 3.5 million,”…