Business

Tourism recovery begins

Friday, 12 March 2010 15:04 May Kunmakara

FIGURES released by the Ministry of Tourism Thursday suggested Cambodian tourism is starting to recover after a difficult 2009, as total visitors rose an annualised 6.36 percent in January, which included a nearly 5 percent increase in all-important air arrivals.

Sudanese interested in farming investment

Friday, 12 March 2010 15:04 Cheang Sokha

SUDAN has expressed an interest in investing in Cambodian agriculture, the spokesman for Prime Minister Hun Sen said Thursday.
Eang Sophalleth told reporters after a meeting between the Kingdom’s premier and the Sudanese Special Envoy and Vice Minister of Foreign Affairs Ali Ahmet Karti Mohamed, that the African nation is interested in making investments in Cambodia.

Businessmen back graft law but doubt it will be enforced

Friday, 12 March 2010 15:04 Bejan Siavoshy

BUSINESS leaders expressed optimism regarding the potential effectiveness of Cambodia’s anticorruption law to stave off graft within the private sector, as the long-awaited legislation was passed Thursday.

Telecom denies exchange scheme

Friday, 12 March 2010 15:03 Ellie Dyer and Nguon Sovan

TELECOM Cambodia’s director general has rebutted accusations that the plan to give the state-run company a monopoly over Internet bandwidth provision has been concocted in part to bolster its company’s finances before its registration on the new Cambodian stock exchange.

Freight volumes climb at Sihanoukville port

Thursday, 11 March 2010 15:03 Chun Sophal

FREIGHT volumes through Sihanoukville, Cambodia’s largest port, climbed an annualised 13.35 percent in the first two months, a sign that the facility is recovering from last year’s slump, but against the lowest base in recent years at the start of 2009 when the economic crisis hit the Kingdom.