GLOBAL holiday resort company Club Med is considering expanding its operations into Cambodia on the back of success in other Asian countries, according to reports yesterday. The French firm is eyeing Cambodia and Vietnam expansion as part of its plans to grow into an Asia high-end holiday option, adding to its resorts in countries such as China. “The very sharp improvement in first-half results and the increase in the number of customers … have demonstrated the effectiveness of our strategy,” chairman and CEO Henri Giscard d’Estaing told British newspaper The Independent. Club Med representatives were unavailable for comment yesterday.
Club Med for Cambodia?
- Negotiations on EBA being held
In an effort to defuse tensions, a senior government official said Cambodia is negotiating with the European Union (EU) on the Everything But Arms (EBA) trade deal, which allows the Kingdom to export goods to the 28-member bloc tariff-free. The EU notified Cambodia on October 5
- Ministers to tackle sea pollutants
Preah Sihanouk provincial authorities and members of local communities have collected 77 tonnes of water hyacinth at a Sihanoukville beach, Preah Sihanouk Provincial Hall spokesperson Or Saroeun said. He told The Post yesterday that the aquatic weeds had been floating along some of the province’s
- Chinese police escort deported scam suspects
Ninety-one Chinese nationals accused of extorting money from victims in a Voice over Internet Protocol (VoIP) scam were deported from Phnom Penh International Airport on Monday under the escort of 182 Chinese police personnel. General Department of Immigration head of investigations Ouk Hay Seila told reporters
- EU officials: Ending EBA an 18-month procedure
EU officials have confirmed that it will take a total of 18 months to complete the procedure if Cambodia’s preferential Everything But Arms (EBA) trade agreement is to be withdrawn. According to EU Agriculture and Rural Development spokesman Daniel Rosario, the formal process has not