Sihanouk International Airport will soon increase its capacity to allow for long-haul flights – flights longer than seven hours – and the upgrade is expected to enhance relations in the trade, investment and tourism sectors between Cambodia and the rest of the world. At a press conference on the “Progress and Implementation plan of the…
HCMC – The coronavirus pandemic has been disrupting the operations of hotels in HCMC, the country’s largest tourist center, forcing many to shut down. The Ministry predicted that “bubbles” in the market are unlikely in 2020. However, it also forecast possible land price hikes in areas designated to become special zones or new residential areas…
Cambodian casino operator NagaCorp says it’s not worried about the COVID-19 pandemic because the company believes its Phnom Penh casino monopoly will outlast the virus. On Wednesday, NagaCorp issued a trading update on its performance over the first three months of 2020, during which gross gaming revenue at its NagaWorld facility in Cambodia’s capital rose 15% year-on-year…
