Stories tagged Invest in Cambodia. · 67篇文章
According to startup organizations and venture capital firms, Cambodia lacks privately-held startups with a value more than $1 billion, making unicorns in the nation as rare as the mythical animal. But things might change shortly. A private firm with a value of over $1 billion is called a unicorn startup. The term “Unicorn Startup” was…
Startups are currently the most prominent global noise in the era we live in. People today are brave and keen to make their ideas a reality. The number of startups across industries is increasing in almost all countries, and young entrepreneurs are working arduously to achieve their dreams fearlessly. This is about more than just a person’s personal development; it also helps nations grow. Cambodia is going through the same growth as the rest of the world. Additionally, it is evolving into Asia’s startup hub. What is Startup Cambodia? The government of Cambodia has launched a program called Startup Cambodia with the goal of creating wealth and jobs. The development and innovation of new products…
In the last ten years, Cambodia, the Kingdom of Wonder, has seen an increase in the number of immigrants of all ages from many countries. Cambodia is without a doubt a must-visit country in Southeast Asia due to the attraction of the Angkor Wat temples, but what is it about the nation that attracts tourists…
According to a report released by the Council for the Development of Cambodia (CDC), Cambodia has approved 87 fixed asset investment projects totaling roughly $2.7 billion for the first half of 2022. The report stated that the authorized projects also included tire, hotel, hospital, vehicle assembly, electrical, fruit processing and packaging facilities, as well as factories…
The Ministry of Commerce has been hosting The Cambodian and Import-Export Goods Exhibition (CIEG), a wholly government-run international trade exhibition, in Cambodia since 2005. According to a statement from the Ministry of Commerce, the 15th annual Cambodian and Import-Export Goods Exhibition will take place from December 15 to 18 at the Koh Pich Convention and…
In the first half of this year, the General Department of Customs and Excise earned $1,293 million in customs revenue, or 50.1% of the financial plan for 2022. The data was disclosed by its director-general, H.E Khun Nhim, during a press conference held recently. Approximately half of the financial plan for 2022 was made up of…
With exclusive approval from the Ministry of Interior, the Khmer Home Charity Association launched the “Cambodia My 2nd Home” program, which has as its primary goal the promotion of international trade and investment cooperation while adhering to the principle of “serving members and cultivating win-win cooperation.” The scheme aims to boost economic growth, get rid…
On more than 20 hectares of property in the province of Mondulkiri, the Ministry of Agriculture intends to build a botanical garden. The initiative in the Sen Monorom commune of the O’Raing district aims to increase its attractiveness to both domestic and foreign tourists. According to Agriculture Minister Veng Sakhon, this is a part of…
Bakong, Cambodia’s digital payment system, was launched by the National Bank of Cambodia in October 2020. Nearly 270,000 people use its digital wallet, and nearly 6 million people have benefited from connected financial apps. Bakong shows how the scalability, inclusivity, and cost-effectiveness of systems like this may benefit both financial institutions and end users. The…
“Everybody should learn to program a computer, because it teaches you how to think” -Steve Jobs Computer coding is crucial for students’ future as a result of living in a digitalised world. The ability to program is an important skill that may be used in a variety of disciplines and domains in the quickly changing…
According to the Trade Training and Research Institute of the Commerce Ministry, the overall market value of e-commerce in Cambodia in 2021 was $970.10 million, a growth of 19.29% from $813.25 million in 2020. According to the TTRI’s June 30 bulletin, which quoted the World Development Indicator, DataReportal, and Statista, fashion accounted for the majority…
Veteran banker Dr. In Channy is a self-made man who has built a financial powerhouse over the span of his nearly three-decade career. He has also been effective in shaping financial markets policies and regulations in Cambodia. Dr. In Channy, President and Group Managing Director of ACLEDA Bank, turned an NGO-based organisation into a financial…
In order to raise awareness of animal protection and attract both domestic and foreign tourists, Angkor Wildlife and Aquarium Co Ltd. has invested $18 million in a zoo in the province of Siem Reap. It will open in October. At Kbon village, Khchas commune in Sotr Nikum district, the Angkor Wildlife and Aquarium is currently…
