Stories tagged Cambodia Business. · 89 articles
According to the National Bank of Cambodia’s (NBC) most recent report, the banking sector in Cambodia experienced strong growth in both loans and deposits in the first half of 2022. Customers’ deposits increased by 16 percent to $42 billion, while outstanding loans rose by 23.4 percent year over year to $51.5 billion by June of…
It can be very difficult to go more than a few feet in Southeast Asia’s busiest tourist areas without being stopped by a driver who offers to take you where you’re going. Tuk-tuks are without a doubt the most well-known of the region’s many unique types of transportation. Tuk Tuks, the Khmer version of remorks,…
Two new investment projects recently received approval from the Council for the Development of Cambodia (CDC), which might result in the creation of several new employment and a total investment of more than $14 million. With an estimated investment capital of $9.2 million, MILANNA LEATHERWARE MFY (CAMBODIA) CO., LTD will invest in a project to…
I made it to Senteurs d’Angkor new workshop in Siem Reap, Cambodia, and surprisingly loved it, including the Botanical Garden. Senteurs d’Angkor relying on local resources and developing an original and local crafts industry of high quality for the past 20 years. My recent visit included a full swing to the workshop of coffee, spices, jam, essential oils,…
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 10th trade show was held in Kampong Speu with the goal of encouraging consumption and promoting local as well as Cambodian products. The exhibition is held in the Kampong Speu Provincial Department of Commerce from July 22 to 24. Products, processed foods, and consumer items from Kampong Speu and surrounding provinces were displayed during…
What exactly is Kaizen? Many people don’t fully understand the term, despite the fact that some may be familiar with it. Is it a workplace procedure? a specific philosophy or method for running a business? or the name of the man who invented? Kaizen is a combination of two Japanese words that mean “good change”…
Cambodia is popular for its temples. Angkor Wat is well known among tourists. It used to attract nearly 8 million tourists annually from different countries prior to COVID-19. Apart from Angkorwat, what else does Cambodia offer to tourists? Interestingly, Cambodia is a land of diversity. It has many things to offer along with temple tourism.…
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…
Cambodia is located in the heart of South-East Asia, with preferential free trade access to the world’s fastest growing markets; Has reliable and consistent supply of high quality fruits, vegetables, nuts; and is with affordable labor costs, young workforce, and many more factors. CAVAC team provides technical support to CDC and MAFF on the the…
In a second round of fundraising, MediaLoad (Cambodia), a digital media platform, has raised more than $3 million for business expansion. The organization, which owns the entertainment and lifestyle website KhmerLoad, stated it has received series B funding from True Digital Group, a division of True Corporation, which is owned by the Thai giant Charoen…
In contrast to fossil fuels, the sun has more than enough energy to supply the entire world’s energy needs, and it won’t run out anytime soon. The only constraint on solar energy as a renewable resource is our ability to economically and efficiently convert it to electricity. About 150 kilometers from the capital, Phnom Penh,…
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…
