The economy, investment, trade and the companies building Cambodia. · 906 articles
There are numerous types of tea available. The Cambodia variety, a single-stem tree growing to about 16 feet (5 meters) in height, is not cultivated but has been naturally crossed with other varieties. Nothing beats the pleasant taste and comforting aroma of a cup of tea early in the morning. Tea was discovered in China…
As of September 2022, the total public debt of the Royal Government of Cambodia was $9.47 billion, according to the Ministry of Economy and Finance. The Ministry also said that the public debt remained low-risk. According to the recently released Cambodia Public Debt Statistical Bulletin by the ministry, 68 percent of the public debt is…
As of December 12th, more than 20,000 businesses with a total investment capital of $5.70 billion had been registered with the government’s single platform, the Online Business Registration System. According to data from the Online Business Registration System inside the Ministry of Economy and Finance, 20,189 businesses with a combined $5.70 billion in capital have…
Kamboo Ecotourism is a young firm that provides ecotourism services. They work hard to keep nature and community-based activities alive. Kamboo Ecotourism, which is run by a group of young people, is beneficial to the community and helps promote education in rural areas. Kamboo Ecotourism’s team member Somalita shared deatils about the project. Somalita’s first…
Beyond Retail Business Cambodia, a local company specializing in the promotion of Cambodia through its talents, culture, and know-how, continues its development in the iconic city of Siem Reap with the soft opening of the first handicrafts incubation center in Cambodia. A bold project to support and revitalize the handicraft sector dramatically damaged by the…
On 2nd December 2022, Khmer Enterprise, a unit under the Ministry of Economy and Finance, and 500 Global, a Silicon Valley based venture capitalist, co-hosted the “Angkor 500 TURN UP” event which is a one-day showcase of talent and opportunity for the Cambodian and regional tech ecosystem at American University of Phnom Penh. This event…
As an entrepreneur, you probably have more than enough work to keep you busy. There will always be fires to put on, whether you’re an experienced entrepreneur with a number of firms under your belt or getting ready to launch your first startup. Nevertheless, despite your busy schedule, you should constantly find time to develop…
The soul of many modern startups is its advisors. In addition to regularly adding fancy names to your team page, they can also support your business through their contacts and network, assist you in resolving problems, contribute their ideas, and open doors with partners and investors. Startup consultants can open doors and solve your most…
According to a recent World Bank analysis, Cambodia’s national poverty rate reduced by nearly half between 2009 and 2019. According to the World Bank’s Poverty Assessment Report for Cambodia, Toward A More Inclusive and Resilient Cambodia, the poverty rate in Cambodia decreased from 33.8 percent to 17.8 percent over the ten-year period to 2019/2020, with…
52 fixed asset investment projects totaling over $460 million were approved by the Council for the Development of Cambodia (CDC) in the third quarter of 2022, an increase of 10.6% over the same time the previous year. A recent report from the Ministry of Economy and Finance states that the investment projects that were approved…
Soran’s Art, a social enterprise, creates unique puppet faces. The goal of this venture is to instill a positive sense of identity in the young generation of Cambodians by preserving traditional art and creating job opportunities through it. Soran and his team decided to launch this innovative concept after discovering that it is an ideal…
In his opening remarks at the ASEAN Business and Investment Summit (ABIS) 2022 in Phnom Penh on November 10, Prime Minister Hun Sen emphasized the private sector’s contribution to the region’s post-pandemic economic recovery and resumption of socioeconomic activity. According to the ASEAN +3 Macroeconomic Research Office (AMRO), the bloc achieved 3.1% economic growth in…
Nearly 200 nations compete with one another for resources, trade, and media attention today. So how do you let everyone know that you exist if you’re a country in a distant part of the world? Countries are increasingly following the marketing strategies used by businesses to boost their profiles and advertise that they are open…
