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Cambodia: Phnom Penh construction investment hits $1.3 billion

Construction investment projects in Phnom Penh were recorded at more than $1.3 billion from January to May, officials said yesterday. Speaking at a news conference, Phnom Penh municipal Department of Land Management, Urban Planning, Construction and Cadastre Director Sarin Vanna  said while many sectors globally are facing a serious downturn in their fortunes because of […]

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Cambodia: Hopes for early tourism resumption dashed

The Kingdom’s tourism industry could rebound only by  2025 when the COVID-19 pandemic is fully killed off, according to a tourism industry insider and other observers. If Cambodia and other countries in the globe are able to control the outbreak of the Coronavirus by 70 percent at the end of this year, the growth of […]

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Cambodia – Sihanoukville: Returning Chinese mark a sign of a business rebound

The Kingdom’s coastal Sihanoukville, where Chinese nationals national dominated nearly a half of businesses  before the COVID-19 outbreak, is seeing economic activity gradually rebound after   Middle Kingdom’s investors and workers started to return to the province as pandemic fears ease. Preah Sihanouk provincial hall spokesman Kheang Phearum told Khmer Times that Since May 23 up to yesterday, […]

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Cambodia: Facebook opening shops in Kingdom

Facebook announced it is launching Facebook Shops in Cambodia to make it easy for businesses to set up a single online store for customers to access on both Facebook and its subsidiary Instagram. Creating a Facebook Shop is said to be free and simple and businesses can choose the products they want to feature from […]

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Cambodia launches online business registration system

The Royal Government of Cambodia officially launched the online business registration system this morning aiming to improve the investment environment in the country. The event was chaired by Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance and participated by development partners, different associations and private sector representatives. New businesses can register on […]

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Thailand: Malls adjust to lowered expectations

Despite the easing of stringent lockdown measures, the 3.6-trillion-baht retail industry remains far from a full recovery, and nearly all business operators in the sector are struggling to regain business. Some 10-30% of in-mall businesses have restarted since shopping malls were allowed to reopen on May 17 after being ordered closed on March 22 as […]

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