Kampot pepper yields to drop

Production of Kampot pepper, the first Cambodian product to obtain geographical indication status, is expected to drop this year due to heavy rains throughout the year, according to producer associations. Kampot pepper output is forecast at 70 or 75 tonnes in 2018, compared to the 80 tonnes that were produced last year, according to Ngoun Lay, president of the Kampot Pepper Promotion Association. “There has been many heavy downpours outside of the rainy season, which has damaged pepper far...

Tonino Lamborghini Hotels & Resorts to enter local market

Tonino Lamborghini Hotels & Resorts is beginning its expansion beyond mainland China with two properties signed in Siem Reap. Join.In Hospitality Management recently announced it has entered an agreement with Hong Kong-based Shimao International Development for the development of the two properties, according to TTG Asia. Roberto Simone, COO of Join.In Hospitality Management, a company based in China, described the signing as a “major milestone”, saying it marked “the first step in our...

Sihanoukville airport opens renovated terminal

Air Port, Sihanouk Ville
Sihanoukville International Airport’s renovated passenger terminal was presented to the public during a soft launch held yesterday. The terminal’s renovation is part of an ambitious plan by Cambodia Airports, the company that manages all international airports in the Kingdom, to revamp the airport to prepare for a projected hike in passenger traffic as Sihanoukville enters the radar of more and more tourists in the region. According to a statement from Cambodia Airport released yesterd...

Chinese consortium explores opportunities in Sihanoukville

Consortium, Sihanouk Ville
A delegation of Chinese companies on Tuesday announced its readiness to invest in internet-based services for Cambodia’s tourism sector, particularly in Sihanoukville. Their intention to invest in the Kingdom was stated during a meeting between Wu Yunfu, chairman of China-based Internet Investment Holding Group Co., Ltd., and Yun Min, governor of Preah Sihanouk province. Mr Wu told the Cambodian governor that the members of the Chinese delegation were looking forward to investing in Si...

$1bln megaproject to boost Sihanoukville’s economy

With an investment of more than $1 billion, Wisney World, a massive project comprising a water park, casino and resorts, will be raised in Preah Sihanouk province over the next four years, according to a project representative. Wisney World will be built over 65 hectares of land, 20 percent of which will be preserved as nature parks, according to Lim Chay Loon, president of SV International, a project shareholder. The project is a joint venture of national and foreign investors. “Th...