Stories tagged Cambodia Business. · 89 អត្ថបទ
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Agriculture is the most important sector of the Cambodian economy, employing more than 34% of the population. For all the crops grown, rice is the most important staple food for Cambodians, accounting for around half of the country’s GDP. However, this growth engine has been hampered by a lack of water and growing labour costs.…
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,…
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…
As of July, of this year, there were 1,947 factories registered in Cambodia, producing everything from clothing to electronic devices, employing more than 1 million people, of them some 76 percent are women. The statistics were presented by the Ministry of Industry, Science, Technology, and Innovation at a news conference held recently by the Royal Government…
If the demand for domestic and international travel increases by more than the 2019 level, there will be a shortage of 34,000 commercial pilots (or roughly 10% of the total workforce) by 2025. If the economy rebounds more quickly than predicted, this shortage might reach 50,000. Cambodia is “lacking 90%” of the human resources required…
The Cambodian Young Entrepreneur Award 2022 was recently launched with the goal of promoting exceptional entrepreneurial spirit in the business world and promoting entrepreneurship in Cambodia through the selection of outstanding entrepreneurs as role models. Under the leadership of Mrs. Tekreth Kamrang, Secretary of State at the Ministry of Commerce, the Young Entrepreneurs Association of…
Travel professionals recognized AngkorWat as the historical gems lying on its doorstep in 2015, winning praise from several big players in the travel industry. The earliest indications that Siem Reap might soon become a popular travel destination appeared in November 2014, when Skyscanner announced its list of anticipated “Top holiday hotspots” for 2015. The Future Laboratory named Siem Reap…
The Preah Sihanouk government has approved the investment plans submitted by 23 businesses for 19 of the province’s 32 islands. In order to attract both domestic and foreign tourists, the firms intend to develop the islands as tourist sites with hotels and other attractions. According to deputy provincial governor Kong Vitanak, there are 32 islands…
Azaylla, a leading Agri Tech company in Cambodia, announced that it has received Pre-Series A funding from “Insitor Impact Asia Fund II”, an impact investment fund managed by Insitor Partners. The company will use the new funding to expand its sustainable and socially responsible agri-business network, utilizing technology to supply supermarkets, hotels, restaurants, and caterers…
The National Bank of Cambodia predicts that this year’s economic growth in Cambodia will be boosted by the quick rebound of global growth and the economy as a whole (NBC). According to the most recent NBC report, the garment, tourist, agricultural, and construction sectors will sustain the growth. According to the bank, the Kingdom’s economic…
Sangho Jo, President and CEO of Samsung Electronics for Southeast Asia and Oceania, led a delegation that visited Cambodia in search of new business and investment prospects as well as collaboration on trade promotion. Recently, the team paid a courtesy visit to Pan Sorasak, the Cambodian minister of commerce. The Minister gave the delegation a…
Have you ever asked yourself this?What’s happening to my life?or experienced a constant fear of your present path? Yes, you have. You are a human, and life offers many choices for every one of us. The Japanese word “Ikigai” refers to the process of finding that perfect spot where everything seems in tune and flows…
