BUSINESS OPPORTUNITIES IN CAMBODIA FOR FOREIGNERS IN 2023
There are many business opportunities in Cambodia for foreigners in 2023, depending on your skills, interests, and budget. According to some web sources(tetraconsultants.com)(starterstory.com), some of the best business opportunities in Cambodia are: Agriculture: Cambodia has a large agricultural sector…
Read more2023 IS A POTENTIAL YEAR FOR THE STOCK EXCHANGE AS THERE WILL BE MORE SECURITIES LISTINGS ON THE CAMBODIA SECURITIES EXCHANGE
Senior officials of securities market regulator and operator said yesterday that 2023 would be a potential year for the stock exchange as there will be more securities listings on the Cambodia Securities Exchange (CSX), while development partners would provide more…
Read moreCAMBODIA DOES NOT REQUIRE FOREIGN TOURISTS TO SHOW $1,000 UPON ENTRY
The Cambodian Ministry of Tourism confirmed it does not require tourists to show $1,000 to $2,000 in cash upon entering the country. The clarification comes after a number of airline employees asked tourists to show they had $1,000 or $2,000…
Read moreCAMBODIA’S TOURISM SECTOR HAS GROWN SIGNIFICANTLY AND SERVES AS A VITAL PILLAR OF THE COUNTRY’S ECONOMY
The Covid-19 pandemic has had an unprecedented impact on Cambodia’s tourism sector however, it was handled well with the proactive efforts of the government and the timely introduction of socio-economic development policies, a top tourism official has said. Speaking at…
Read more5 STEPS TO CREATE A SUCCESSFUL MARKET ENTRY STRATEGY FOR BUSINESS EXPANSION
You want to expand to a new market. But how? Which products should you export? What is your target market? A market entry strategy is where you spell out such all-important specifics. It outlines your business goals, an overview of…
Read moreCAMBODIA HAS AN INCREASE IN FINANCIAL INCLUSION AMONG FASTEST IN REGION
The World Bank says Cambodia has one of the fastest increases in financial inclusion among developing economies in East Asia and the Pacific. In the latest Global Findex Database released in Washington Wednesday, the bank said 76 percent of people…
Read moreCAMBODIA’S ECONOMY – WHAT TO WATCH FOR IN 2022
Prior to the Covid-19 pandemic, Cambodia was a world leader in economic growth and poverty reduction. It sustained an average growth rate of 7.7% between 1995 and 2019, raising its per capita income from $323 in 1995 to $1,621 in 2019, and…
Read moreOPPORTUNITIES IN 2022 FOR CAMBODIA EVEN THOUGH THERE ARE RISKS WITH OMICRON SPREADS
Business leaders in Cambodia say there are plenty of opportunities for growth this year due to increased online transactions, the opportunity to collect and monetise the data gleaned from a growing digital economy, incentives provided by the new investment law,…
Read moreTHE CAMBODIAN GOVERNMENT IS WORKING TO TRANSFORM SIHANOUKVILLE PROVINCE INTO A MULTI-PURPOSE SPECIAL ECONOMIC ZONE (SEZ)
On June 9, 2021, Cambodian Prime Minister Hun Sen signed a sub-decree that will make Sihanoukville province a multi-purpose SEZ. The designation stands to give Sihanoukville province more latitude in structuring development initiatives and investment incentives into a wider array…
Read moreCAMBODIA’S AGRICULTURAL EXPORTS IN THE FIRST 10 MONTHS OF 2021 WAS VALUED AT MORE THAN $4BILLION
Estimated value of Cambodia’s agricultural exports (excluding fishery products, animal and forest products and rubber wood) to an estimated 68 countries in the first 10 months of 2021 was valued at more than $4billion. According to a report from Veng…
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