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The Royal Government of Cambodia has made enormous efforts to improve the country’s economic status and make it one of the world’s strongest economies. The private sector has enabled and sustained domestic investments, which have been one of the most significant contributions to Cambodia’s growth story. The Council for the Development of Cambodia (CDC) announced…
The renowned professor of sociology, Daniel Bell, wrote the following on technology in his book, “The Winding Passage: Essays and Sociological Journeys,” from 1960–1980: “Technology, like art, is a soaring exercise of the human imagination. Techne is another form of art that bridges cultural and social boundaries and transforms both at the same time.” His…
The rural market in Cambodia is not only a separate entity in itself and it is also highly influenced by the sociological and behavioral factors operating in the country. The rural population in Cambodia accounts for around 74.8 percent of the total population. A number of corporate companies have tried a variety of strategies to…
Rural shoppers are unfamiliar with shopping without touch and feel, hence the first step for Entrepreneurs interested in tapping into rural E-Commerce is to customize applications with local content. Because 90% of the population does not understand English. Developing content in Khmer across many contact points, such as mobile apps and customer support, is crucial for…
In the last ten years, Cambodia, the Kingdom of Wonder, has seen an increase in the number of immigrants of all ages from many countries. Cambodia is without a doubt a must-visit country in Southeast Asia due to the attraction of the Angkor Wat temples, but what is it about the nation that attracts tourists…
According to a report released by the Council for the Development of Cambodia (CDC), Cambodia has approved 87 fixed asset investment projects totaling roughly $2.7 billion for the first half of 2022. The report stated that the authorized projects also included tire, hotel, hospital, vehicle assembly, electrical, fruit processing and packaging facilities, as well as factories…
The Ministry of Commerce has been hosting The Cambodian and Import-Export Goods Exhibition (CIEG), a wholly government-run international trade exhibition, in Cambodia since 2005. According to a statement from the Ministry of Commerce, the 15th annual Cambodian and Import-Export Goods Exhibition will take place from December 15 to 18 at the Koh Pich Convention and…
Railways are a reliable and effective means of transporting both people and cargo. Railways reduce carbon gas emissions while promoting economic growth. They are a clean and efficient way to transport tonnes of cargo and millions of passengers across regions. There are two lines in the railway network in Cambodia. The northern railway, which stretches…
Despite the Covid-19 crisis, the two-way trade between Cambodia and the United Arab Emirates (UAE) had a significant rise of 53% to reach $150 million last year, according to the Cambodian Ministry of Commerce. The data were discussed in a recent videoconference between Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade at…
In the first half of this year, the General Department of Customs and Excise earned $1,293 million in customs revenue, or 50.1% of the financial plan for 2022. The data was disclosed by its director-general, H.E Khun Nhim, during a press conference held recently. Approximately half of the financial plan for 2022 was made up of…
On more than 20 hectares of property in the province of Mondulkiri, the Ministry of Agriculture intends to build a botanical garden. The initiative in the Sen Monorom commune of the O’Raing district aims to increase its attractiveness to both domestic and foreign tourists. According to Agriculture Minister Veng Sakhon, this is a part of…
According to the Trade Training and Research Institute of the Commerce Ministry, the overall market value of e-commerce in Cambodia in 2021 was $970.10 million, a growth of 19.29% from $813.25 million in 2020. According to the TTRI’s June 30 bulletin, which quoted the World Development Indicator, DataReportal, and Statista, fashion accounted for the majority…
On June 24, representatives from the state-owned China Communications Construction Co Ltd (CCCC), the China Road and Bridge Corp (CRBC), and the Minister of Public Works and Transport Sun Chanthol met to discuss the findings of the firms’ preliminary study on a potential metro or monorail in the capital as a way to reduce traffic…
