According to the Cambodian Women Entrepreneurs Association (CWEA), e-Commerce in the country is expected to expand quickly due to the ease of doing business in the Kingdom. According to business owners, the COVID-19 pandemic, the rapid advancement of technology, and the tremendous increase in Internet users have all contributed to the country’s booming e-commerce industry…
According to information provided by the Council for the Development of Cambodia, Cambodia received over $3.3 billion for 123 foreign investment projects from January to August of this year. Along with fruit processing and automobile assembly, the projects involved the manufacturing of garments, shoes, tyres, wiring products, plastics, bags, and travel materials. The country’s new…
To highlight Cambodia’s potential as a business destination, a “Briefing Session on Economic Diplomacy, Investment, Trade and Tourism Environment in Cambodia” was organized in Siem Reap province on September 2. About 100 people from 19 diplomatic missions in Bangkok, the Thai delegation, and line ministries attended the event, which was presided over by H.E Dr.…
On August 31, Prime Minister Hun Sen officially broke ground on a $36.8 million interchange and a $10 million overpass, two new flyovers in the capital. The grand interchange, which will be named Monivong, would connect the triple intersection of the Samdech Techo Hun Sen, Royal Cambodian Armed Forces (better known as Street 271), and…
According to Statista’s research hub, 74 percent of Cambodians are active social media users in 2022, a considerable increase from 2016, when only 27 percent of the population was on social media. There were 22.06 million cellular mobile connections in Cambodia at the beginning of 2022, as per data from GSMA Intelligence. In January 2022,…
According to a senior official at the National Bank of Cambodia, the prudential monetary policies and Riel promotion have increased the currency’s price stability, which has boosted public confidence in the use of the national currency. Chea Serey, Director General of Central Banking of the National Bank of Cambodia, made the comments recently in Kampot…
Music is everywhere in Cambodia, with karaoke bars appearing to be on every street corner, loud melodies filling the air, and speakers blasting songs from every direction. No matter where one is—on a bus, in the street, or having lunch—hear the sound of Cambodian music, with love and modern pop songs being the favorite genre.…
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Cambodia has made a significant contribution to preserving world peace, according to Abdulla Shahid, President of the 76th session of the United Nations General Assembly (UNGA). Abdulla Shahid said Cambodia has changed from a country receiving blue-helmet forces to a country providing troops for peacekeeping operations under the UN’s umbrella during a courtesy call on…
Gabriel Tan writes, The last two years has been challenging for Cambodia but we were glad to play a part. Here’s what The Stevie® Awards had to say:“Chen Zhi has made a huge impact on Cambodia by bringing together executives across many different sectors to take care of the community through affordable housing, Covid-19 vaccinations, educational philanthropy,…
Due to the economic growth of Southeast Asia, increased trade with China and other countries, a young, active population, and rising literacy levels, Cambodia has a promising future for growth. More than $1 billion has been spent in Cambodia to combat COVID-19, and herd immunity was attained as a result of the government’s enormous efforts.…
The Royal Group, Cambodia’s largest diversified conglomerate and holding company with investments in various industries in the country, including telecommunication, media, banking, insurance, resorts, education, property, trading, and agriculture, signed a partnership agreement with Amazon Web Services (AWS) premier consulting partner eCloudvalley to localise and expand cloud service expertise in the Kingdom of Cambodia. The…