Cambodia eases Covid-19 restrictions for fully vaccinated visitors
Authorities in Cambodia have eased some restrictions to allow business travellers and certain professional experts to complete only three days of quarantine upon arrival.
Cambodia.- Business travellers and certain professional experts who arrive in Cambodia will need need to undergo a mandatory three-day quarantine instead of 14 days. The Cambodian prime minister, Hun Sen, said the measure would apply for those who have been fully vaccinated against Covid-19.
The plan covers foreign investors, “technical experts”, cooperative project managers and coordinators and business travellers who have received guarantees or invitations from local companies. Accompanying family members are also entitled to a shortened isolation period provided they have been fully vaccinated.
Other inbound travellers who have been fully vaccinated, such as Cambodians and foreign nationals, need only quarantine for 7 days instead of 14 days when they arrive in Cambodia. All inbound travellers must present a negative Covid-19 test issued within 72 hours before arriving in the country.
In September, NagaCorp was allowed to reopen its casino in Cambodia after six months of closure due to Covid-19. The casino operator posted a loss of US$77.2m for the first half of the year.
NagaCorp’s earnings before interest, taxation, depreciation and amortisation (EBITDA) for the period was US$11.2m, compared with US$88.7m during the first half of 2020. Gross gaming revenue (GGR) reached US$129.3m, down 65.2 per cent year-on-year.
Company-wide revenue was US$130.4m, down 65.4 per cent from US$377.5m. GGR from the VIP market declined 70.3 per cent to US$80.5m while the mass-table segment was down 56.4 to US$29.9m.
NagaCorp’s electronic table game operations revenue was down 42 per cent to US$18.9m and hotel room income, including sales of food and beverages, declined 79.9 per cent from US$5.5m to US$1.1m.
The Cambodian economy is highly dependant on the tourism sector, which represented almost 11.5 per cent of the country GDP previous to the Covid-19 pandemic.
