Stories tagged Invest in Cambodia. · 67 អត្ថបទ
Japan has provided a $383.22 million loan to Cambodia’s Sihanoukville Port for its refurbishment and expansion. The Exchange of Notes and accompanying agreements on the loan for the Sihanoukville Port New Container Terminal Expansion Project were signed by Hayashi Yoshimasa, the Foreign Minister of Japan, and Prak Sokhonn, the Minister of Foreign Affairs and International…
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…
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…
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…
According to a senior official, the poverty rate in Cambodia has dropped from about 40% in 2009 to 17.8% in 2020. According to Theng Pagnathun, director general of planning at the Ministry of Planning, “during the last ten years, the poverty rate decreased by 1.6 percentage points each year, considerably driven by increased employment, especially…
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 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…
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…
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 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…
