Business travel is expected to face slower recovery from the trend of remote working and sustainability which targets reducing the carbon footprint from frequent business trips Bangkok Post — Even though the tourism industry has started to see optimism from Thailand’s reopening on November 1 last year, a fresh whiplash in travel sentiment from the Omicron […]
Read MoreCambodia’s export volume (except gold) increased by 22.6 percent to $ 15.61 billion in the first eleven months of 2021, according the Ministry of Economy and Finance. The increase of exports from January to November 2021 was mainly driven by the rise in exports of textiles, bicycles and other goods. Other main exported items included […]
Read MoreDespite a modest improvement in the Covid-19 situation in Cambodia, the number of new projects outside of special economic zones (SEZ) approved by the Council for the Development of Cambodia (CDC) saw a sharp decline in January-November 2021 compared to the same period a year earlier. The CDC agreed to issue final registration certificates for […]
Read MoreIncreasing orders for footwear and travel goods from international markets and the opening of new factories in the Kingdom have contributed to labour shortages in the sector, according to Cambodia Footwear Association (CFA) president Ly Kunthai. Overseas orders for Cambodian footwear last year were up by around 30 per cent year-on-year, with a more pronounced […]
Read MoreBut it shall eventually catch up with growth, supported by the inflows of domestic revenue and investment to Cambodia, says National Bank of Cambodia (NBC) The year 2022 will be anything but bullish when it comes to the construction and real estate sector in Cambodia but it shall eventually catch up with growth, supported by […]
Read MoreCambodia’s burgeoning economy and well-tested legislation surrounded by foreign ownership rights have encouraged leading Japanese retailer Aeon to start international logistics services in Cambodia by 2023. The Aeon Mall is mulling to build 30,000 sq meter logistics center in Sihanoukville in 2023. The gigantic center will offer import storage, customs clearance and support for cross-border […]
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