Cambodia has launched a program to encourage foreign investment that offers a ten-year visa and other benefits to those who invest in the country. Khmer Times reports that the “Cambodia My 2nd Home” program has been exclusively launched by the Khmer Home Charity Association with full authorization from the Ministry of Interior, with the goal of promoting […]
Read MoreThe baht opened at 35.70 to the US dollar on Tuesday, weakening from Monday’s close of 35.66. The currency is expected to move in the range of 35.60 to 35.80 during the day, Krungthai Bank market strategist Poon Panichpibool said. He reckons the baht will likely fluctuate and test its resistance level from 35.75 to […]
Read MoreCambodia’s market value of e-commerce had increased to $970 million in last year, up 19 percent from 813 million dollars in 2020, according to the Ministry of Commerce’s iTrade Bulletin released recently. The e-commerce revenue was mainly from fashion, accounting for $263.3 million, followed by electronics ($254.4 million); beauty, health, personal and household care ($230.5 […]
Read MoreThe Council for the Development of Cambodia (CDC) issued investment registration certificate for the construction of a new factory in Kampong Speu that would create about 700 jobs. According to the investment proposal for the garment factory project of HAO JIA LI (CAMBODIA) GARMENT CO., LTD, the Investment Committee of the CDC, the new factory […]
Read MoreThe number of flights between Cambodia and China is expected to rise to six from four following a request submission by the State Secretariat for Civil Aviation (SSCA) to the Civil Aviation Administration of China in late June. The request comes amid a rise in demand for flights between both nations after Cambodia officially reopened […]
Read MoreThe total market value of e-commerce in Cambodia in 2021 was to the tune of $970.10 million, marking an increase of 19.29 per cent from $813.25 million in 2020, according to the commerce ministry’s Trade Training and Research Institute (TTRI). Fashion accounted for the lion’s share at $263.30 million or 27.14 per cent, followed by […]
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