A foreign website compares Phnom Penh to Bangkok 30 years ago, meaning Cambodia is lagging behind, but the country has grown rapidly in the last two decades. Investasian.com reported yesterday that Phnom Penh has been booming, attracting international investors, with some comparing the city to Bangkok 30 years ago. Previously, the city attracted many foreign investors. Phnom Penh also attracts …
“Nail It, Then Scale It” Theory Can Help Startup Businesses Grow Faster
According to statistics released to the public by the Small Business Administration (SBA) in 2017, one-fifth of startups collapsed in the first year, while half of all such businesses are likely to collapse in the year. Only the fifth and one-third can survive after the seventh year or more. The failure of a business for a variety of reasons, but …
Four Key Sectors That Make Cambodia a Regional New Tiger Economy
Cambodia has been nicknamed the “Asian New Tiger Economy” by the Asian Development Bank (ADB) due to its growth in Southeast Asia. The economy has been high, stable and fast for many years. Cambodia has four key sectors that are pushing Cambodia’s economic growth to become an “Tiger Economy” in the ASEAN region. The main sectors that are the backbone …
Amusement park development projects in Kampot are pushing up property prices
With the benefit of establishing a development project as a recreation area and leisure house in Kampot province, it has become an important driver in driving real estate prices, especially the land market. Soy Sinol, director of the Kampot Provincial Department of Tourism, said last week that Kampot currently has a number of construction projects to serve the tourism sector, …
6 Reasons Cambodia is Best in the Region for Foreign Investments
Cambodia’s strong economic growth is the result of Foreign Direct Investments. These investments were poured into the country in the last 20 years. Investment analysis shows that FDI had increased by more than 800% in the last 10 years. The highest reported GDP is $3B in 2018. It’s easy to understand how this small country in Asia attracts so many foreign investments. No …