Tourism and Travelling Archives - Page 20 of 44

Spectacular Investment of $118M Elevates Cambodia as it Welcomes 20K Daily Foreign Tourists during the 32nd SEA Games

Sommana Yan
18 May 2023

As Cambodia takes center stage in hosting the prestigious 32nd Southeast Asian (SEA) Games, the government has spared no expense, with a remarkable investment of over $118 million. This momentous occasion not only showcases the nation's rich cultural heritage but also positions Cambodia as a global hub of excellence and a testament to its resolute spirit. Amidst the grandeur of the event, Cambo...

Monument Aux Morts Reconstruction in Phnom Penh Nears Completion at 75%

Sommana Yan
16 May 2023

The meticulous reconstruction project of the "Two Statues," dedicated to honoring the heroes of World War I from 1914 to 1918, has made significant progress, reaching an impressive 75% completion. This update was shared by HE Ly Raksmey, Secretary of State of the Ministry of Land Management, Urban Planning, and Construction, on May 15, 2023. HE Ly Raksmey highlighted the dedication of the techn...

TP Moral Group Granted Approval to Develop 1,247 Hectares of Land in Kep, Unveiling a New Satellite City

Sommana Yan
14 May 2023

In a groundbreaking move, TP Moral Group has received official approval from the Royal Government to embark on an ambitious venture that entails the development of two satellite cities and sacred tourist sites spanning an expansive area of 1,247 hectares. The highly coveted land parcels are strategically located in Sangkat Kep, Kep City, as well as Pong Teuk Commune and Angkol Commune in Damnak Ch...

Preserving History: the 118yrs old Battambang Provincial Hall Transformed into a Captivating History Museum

Sommana Yan
13 May 2023

The iconic Battambang Provincial Hall, with its rich heritage spanning 118 years, has undergone a remarkable transformation into the Battambang Museum of History. The Ministry of Tourism's official Facebook page announced this exciting development on 11 May 2023, inviting visitors to delve into the captivating past of Battambang. Originally constructed in 1905 as the residence of the former pro...

IMF Forecasts Strong Economic Growth in Cambodia’s Key Sectors for H2 2023

Sommana Yan
12 May 2023

The second half of 2023 is set to witness robust economic growth in Cambodia, driven by four key sectors, according to Mr. Davide Furceri, Chairman of the new IMF Mission. During a meeting with HE. Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, on 9 May 2023, Mr. Furceri highlighted the factors expected to propel Cambodia's economy forward. The projected econom...

Why Would a 10-Year Golden Visa for Investors Not Popular?

Sommana Yan
12 May 2023

Since its launch last year, Cambodia's 10-year golden visa, designed to entice foreign investors, has struggled to gain traction. Industry experts attribute this lukewarm response to the existence of easier and more cost-effective visa alternatives available to investors. Introduced on July 22, 2022, the long-term visa program is was created with the aim of attracting executives, professionals,...

TRCS Co-Financing Supports 346 Tourism Businesses with $53.46 Million

Sommana Yan
11 May 2023

A total of 346 tourism businesses have received $53.46 million in financing as part of the Tourism Restoration and Growth Sector (TRCS) co-financing project, as of 30th April 2023, according to the Small and Medium Enterprise Bank of Cambodia (SME Bank of Cambodia) on 5th May 2023, The funding disbursed accounts for US$ 53.46 million, or 35.64% of the total budget allocated for the TRCS project...

Cambodia and Vietnam Forge Closer Tourism Ties with Feasibility Study to Connect Phu Quoc and Key Cambodian Destinations

Sommana Yan
10 May 2023

In a landmark development for regional tourism, Cambodia and Vietnam have embarked on a joint feasibility study to establish connectivity between the idyllic island of Phu Quoc (or Koh Tral) and two prominent tourist destinations in Cambodia. This significant agreement was formalized through the signing of a Memorandum of Understanding between the Ministry of Tourism of Cambodia and the Ministry o...

GOV’t Plans to Develop Seabed War Museum on Takeav Island

Sommana Yan
3 May 2023

Sihanoukville provincial authorities are planning to establish a Seabed War Museum on the Takeav archipelago near Ream, according to HE Long Dimanche, Deputy Governor of Sihanoukville. The proposed Submarine War museum will showcase the remnants of World War II that have plunged into the seabed and will be a significant attraction for both national and international tourists. The provincial adm...

FACT to Develop Two Projects as Community Tourism Destination around Tonle Sap Lake

Sommana Yan
27 April 2023

Fisheries Action Coalition Team (FACT) has launched two new projects to promote the rights of local communities towards the sustainability of fisheries resources in the Tonle Sap Lake and to conserve biodiversity and climate change in the area. The organization aims to develop Kampong Thom, Kampong Chhnang, and Pursat provinces as a community tourism destination by building floating markets, bunga...