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Tag Archives: tourism
ADB Revises 2011 Growth Rate Up Two Points
The Asian Development Bank on Wednesday said Cambodia would likely reach a 6.8 percent economic growth rate for 2011. The ADB estimate was a bump up from the 6.5 percent forecast earlier this year, but much less than Prime Minister Hun Sen’s figure of 8.7 percent, which he said in a speech this week was possible Continue reading
Posted in News
Tagged addressed-under, Cambodia, development, expansion, garment-exports, investment, key-challenges, news, peter-brimble, prime-minister, solid-economic, tourism, tourism-as-well, week, year
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After 37 Year Hiatus, Air France Resumes Flights
Air France resumed direct flights to Cambodia on Thursday, after it last pulled up its wheels in 1974 ahead of a Khmer Rouge takeover. Officials said the resumption of flights was due to an increase in tourism and investment in Cambodia. Continue reading
Posted in News
Tagged airline, europe, european, flight, france, hanri-gourgeon, khmer-rouge, news, paris, said-the-new, tourism
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Chinese investor interesting in rice exports and tourism industry in Cambodia
On Tuesday afternoon, China company, COFCO, had a meeting with Cambodian officials at the Council for the Development of Cambodia (CDC) and expressed its interests in doing investment in two sectors, exports of rice and hotel industry, in Cambodia. COFCO … Continue reading
PM attracted $6bn Vietnamese investment
Cambodia’s prime minister Hun Sen departed Vietnam on Saturday in order to attend a Vietnamese investor’s conference in Ho Chi Minh City. During this time, Cambodia and Vietnam has agreements with US$6 billion worth of investment into Cambodia to strengthen … Continue reading
Low garment sales, poor tourism to hit Cambodia-IMF
PHNOM PENH, March 6 (Reuters) – A slowdown in garment exports and a drop in the number of tourists could cause Cambodia’s economy to shrink 0.5 percent this year, the International Monetary Fund said on Friday. That is a big … Continue reading
Posted in Economy
Tagged Cambodian economy, export, Garment sector, GDP, global economic crisis, IMF, international trade, tourism
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Cambodian economic growth rate down in 2009
While the global economic crisis continues to collapse, the International Monetary Fund (IMF) projected that the Cambodian economic growth rate will be likely to fall below 4.8 percent in 2009 but Cambodian government officials have rebuffed a gloomy economic forecast. … Continue reading