Low education, low development as the citizen’s income is low. Is there any correct answer to this question? ...Read more
Low education, low development as the citizen’s income is low. Is there any correct answer to this question?
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by law, do we need insurance to open a company? Do we need any types of insurance policy to open a company in Cambodia? Is insurance needed to run a company in Cambodia by law. Read more
by law, do we need insurance to open a company? Do we need any types of insurance policy to open a company in Cambodia? Is insurance needed to run a company in Cambodia by law.
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Ratanakiri is located in the northest of Cambodia and its border the province of Mondulkiri, 636 Km from Phnom Penh. This province is known as “Chun Cheat” (Khmer Marn) and the province that has the most waterfall and forests. 1. Yeak ...Read more
Ratanakiri is located in the northest of Cambodia and its border the province of Mondulkiri, 636 Km from Phnom Penh. This province is known as “Chun Cheat” (Khmer Marn) and the province that has the most waterfall and forests.
1. Yeak Loam Lake
Yeak Loam Lake is situated 5 km Lake form an almost perfect circle. And though the lake has a small circumference, it’s just shy of 160 feet (about 48 meters) deep. Its shape and depth are due to its volcanic origin. Boeung Yak Loam has picturesque mountainous scenery, a charming bird sanctuary and provides the visitor with an opportunity to experience the daily life of local hill-tribe people.
2. Katieng Waterfall
The visitors can see a beautiful natural landscape and take a break to take pictures of the birds and then continue to the waterfall. It’s the most beautiful waterfall of Ratanakiri and the best scenery for laying yourself or sleep around the corner.
2. Lumphat Wildlife Sanctuary
Lumphat wildlife is one of the most attractive place and visitors come here for exploring and see the special kinds of animals that are present here, like tigers, elephants and red-headed vultures. Beside of animals you can also see kind of the wooden here in the forest.
3. Eisey Patamak Mountain
The Eisey Patamak Mountain, is one of the popular Tourist Attractions in Ratanakiri, The place is one where you can pitch tents and stay overnight. As you cast your eye down to glance at Laos in the north and Vietnam in the east, you can enjoy the mesmerizing tranquility of the adjacent countryside.
4. 7 steps waterfall
7 steps waterfall all the seasons are the best time to visit there because this waterfall is wonderful natural waterfall providing the water even during the dry season. You can also take photos of each step of the waterfall for your memorable experience of your fantastic trip. Moreover, you can enjoy swimming with the cool waterfall from the mountain.
5. Cha Ong waterfall
Cha Ong waterfall on of the forest and waterfall that get its water from Eisey Patamak mountain here you can see bird, enjoy swimming and taking the picture with a widely forest.
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April 30th 2021, Cambodia Academy of Digital Technology – CADT organized (90 participants) a Zoom meeting with CEOs of BookMeBus, VTenh, Muuve, Khmum eShop, Nham24, BlOC, and Supper App discussing about the startup, the main challenges, the collaborations, the opportunities ...Read more
April 30th 2021, Cambodia Academy of Digital Technology – CADT organized (90 participants) a Zoom meeting with CEOs of BookMeBus, VTenh, Muuve, Khmum eShop, Nham24, BlOC, and Supper App discussing about the startup, the main challenges, the collaborations, the opportunities of eCommerce and Delivery platforms in Cambodia.
1. The Supply Chain
Most of the CEOs stressed that it seems like eCommerce and Delivery startup businesses in Cambodia haven’t responded to the high demand of the growing population while quality and standard assurance of the eCommerce and Delivery services haven’t done well yet.
The payment gateway is also the complicated thing which is required the companies limit the services and products offering to mainly urban customers rather than the customers who are living in the countryside.
2. The Customers
Customers’ experience and education on using eCommerce and Delivery services are on the rise of improvement reinforcement which make them hard to access the greatest features and benefits of the platforms. The eCommerce and Delivery companies are required to collaboratively working together to educate and learn from the customers to offer the best experience of eCommerce and Delivery platforms they deserve.
3. Data protection
Customers not feel comfortable in giving their personal data, especially using their credit card to process online payment in buying products online. The government and relevant stockholders such as both local and international banks working together to create technology tools to protect consumers data which reinforce their trust on making online payments.
4. The Rivals
If the giant businesses in the field of eCommerce and Delivery enter Cambodia, the local startups are not ready to compete with them yet as they are not strong in term of financial and technical support. The million or billion dollar companies can take over the big market segment if they want to operate in Cambodia. However, the local startups express no worry about this as the international companies not really well understand about the local culture, the people, and the infrastructure in Cambodia, even if they have big fund to operate their business in Cambodia, it might not be successful as the market is small.
5. The Opportunities
The eCommerce and Delivery platforms will be growing substantively in the from now on as the growth of internet user and mobile access plus online payment gateways integrations well connected. In the future, giant tech and other businesses will enter Cambodia, they will look for strong local eCommerce and Delivery players to merge their mission and vision with, then the local startups will be able to expand their business and strengthen their capability to build tech and support the local market even better.
What are the main challenges and opportunities of eCommerce in Cambodia?
Sihanoukville is known as a big city in Cambodia. Many tourists are known that Sihanouk is a city full of beach, Island, restaurant, resort, nature, culture, and best relaxing place for whom want to run out of the busyness capital ...Read more
Sihanoukville is known as a big city in Cambodia. Many tourists are known that Sihanouk is a city full of beach, Island, restaurant, resort, nature, culture, and best relaxing place for whom want to run out of the busyness capital city. Sihanoukville is popular for its natural beauty and largely untouched beaches. With plenty to see and do, Sihanoukville is one of the greatest cities to explore when in Cambodia. Spending your day in Sihanoukville is depending on your decision, but mostly visitors stay only 2 days.
Day 1 of Sihanoukville
Travelling from Phnom Penh by Train, bus or private taxi is approximately take 4 hours. If you leave around 5AM in the morning you will arrive around 10AM. After arriving the beautiful city and safety place you need to book the hotel or resort. Check in and keep your package in your room then start your amazing day! Around 11 AM you can order your lunch food in the hotel, if you wish to eat seafood in front of the beach and sit under the sunrise, yes those are a romantic atmosphere you shouldn’t miss. Take a boat tour many offer half-day tours in the afternoon, with the price often negotiable and enjoy fishing along the boat. In the evening Otres Night Market is a must. The hippy trippy market features live music, DJs, food and drinks stalls, and a range of stalls selling clothes, jewellery and other bits and bobs.
Day 2 of Sihanoukville
If you are willing to experience with horse-riding yes you can try with Liberty Ranch, Riding from one-hour to one-day hacks, trips include beach rides – with the chance to swim in the sea with the horses and it’s a great way to explore Sihanoukville’s rolling countryside and live life. In the afternoon you can sleep under the sunset on the beach or go to café shop and in the evening is a good time back to Phnom Penh with a good memory and an amazing experience.
How many days you need in Sihanouk city-Cambodia Time
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Individuals may have their own reason behind the immigration to Cambodia. What are the reasons to immigrate to Cambodia? This is a question that many people want to answer. When you work hard and make good money, you want to ...Read more
Individuals may have their own reason behind the immigration to Cambodia. What are the reasons to immigrate to Cambodia? This is a question that many people want to answer. When you work hard and make good money, you want to make your life better.
The first step to a better life is getting out of your current country, which is often expensive, and difficult. Or sometimes you may just want to find a peaceful place with natural beauty, beautiful landscape, and comfortable place to live or relax there. Immigration to Cambodia is required many steps, and many documents are also needed.
A Cambodian ministry working party is presently drafting a replacement law on immigration to manage foreigners within Cambodia. New Cambodian Immigration Laws may well be introduced in 2021. Immigrating to Cambodia, you’re required to have a visa.
Before moving to Cambodia, it’s best to secure visa for your staying. You’ll be able to additionally get your visa upon arrival; however, taking care of it beforehand, you won’t have to obsess about it upon arrival, which is also good and more convenience.
You can submit your visa application via mail or face to face at your nearest Cambodian diplomatic building or embassy. There are 2 main forms of visa that are available: the traveler (T) visa, and the Business (E) visa. Each of them is valid for thirty days once arrival in Cambodia.
To apply for a Cambodian visa, you are required to submit the subsequent paperwork:
- a completed visa application
- a passport-sized picture
- Your passport, that should be valid for a minimum of another six months
- Your address and return envelope which is a pre-paid one
For business visa applications you may need:
- a letter from your company, or letter of invitation from Cambodia, supporting the requirement for you to apply for a business visa.
You will be charged a small fee twice or thrice once you apply for your visa, and when you extend your visa at the Ministry of Interior once moving to Cambodia.
If you are living abroad like in Europe and immigrate to Cambodia, of course you must apply your visa beforehand at your own country, but if you living in neighboring countries like Vietnam, Laos, Thailand, you can be able to apply for your visa at border crossing between the country.
How can I immigrate to Cambodia-Cambodia Time
There is a rumor that Cambodia is banned and restricted from YouTube Advertising and Monetization. There is a rumor that has been viral a few weeks in Cambodia disclosed that “YouTube video ads in Cambodia have been blocked, allowing local users ...Read more
There is a rumor that Cambodia is banned and restricted from YouTube Advertising and Monetization.
There is a rumor that has been viral a few weeks in Cambodia disclosed that “YouTube video ads in Cambodia have been blocked, allowing local users to view only videos posted on the site without ads.”
This has become a great concern for Cambodian YouTubers (content creators) and advertisers for being interrupted in driving revenue for their businesses.
Regarding the question about the ban, a YouTube representative for Southeast Asia said that under the monetary policy of content creators in Cambodia, monitors were not allowed to monetize their videos on his channels.
“Advertisers can target their ads only to countries where YouTube has launched monetization sites,” the policy states.
The YouTube representative above could not determine why all ads were blocked on the platform.
Mr.. SOVANN, CEO of Activerify, a trusted local digital marketing company, says services such as YouTube advertising are vital to doing business in Cambodia. He said he has been using these types of ads in the country since he arrived in 2016. “For Google, Facebook or other big technology companies to take away services from Cambodia is not appropriate,” he said.
Regarding the question of whether the withdrawal of advertisements may be related to the Government Sub-Decree on Value Added Tax (VAT) for digital goods and services sold by foreign companies? “Value Added Tax (VAT) on digital goods and services is a global issue,” he said. He added that the Royal Government of Cambodia is always willing to discuss and meet with companies on such issues and would be surprised if the removal of advertisements is in line with government policy.
Chris McCarthy, CEO of MangoTango Asia, a local digital marketing company, says “Not sure what has happened to YouTube yet, but the closure is a demonstration of the power these companies have over business revenue and that is something the government should be concerned”.
While Cambodia-based YouTube videos are not eligible for monetization at all, it is also worth noting that Google Ads does not collect value added tax (VAT) in other countries in the region including Thailand.
Policy for Thailand states: “Because your Google Ads business contract is registered with Google Asia Pacific Pte Ltd. Local taxes do not apply to your Google Ads activity. “These taxes will not be shown on your invoice.”
Mr.. SOVANN noted that Google Ads is still active on websites in Cambodia.
YouTube banned or restricted Ads and Monetization in Cambodia-Cambodia Time
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Although it’s been rapidly catching up the last few years, Cambodia is one of the world’s cheapest places to live. The country has a reputation for being a backpacker party destination, where the main attractions are bright lights, cheap booze ...Read more
Although it’s been rapidly catching up the last few years, Cambodia is one of the world’s cheapest places to live. The country has a reputation for being a backpacker party destination, where the main attractions are bright lights, cheap booze and a string of tropical islands. But the reality is a lot more diverse and less expensive. Away from its party scene, Cambodia is a country with an epic history, stunning beaches, and some of the most affordable and delicious food in the world. The cost of living in Cambodia for expats, however, is higher than the average Cambodian because expats must have a place to live and other expenses associated with foreigners, such as visas and food.
When it comes to rental, the quality and range can be astonishment with the affordable houses, even the rental fee of condos is not going beyond your ability, which means you can afford all those fees. In particular thing, for those who prefer to choose Western-style apartment or Khmer townhouses, flat, the fees are cheaper than the fee of condos. There are two options for expats or other people to choose, whether they want to rent a house, or buy one and become the owner of the house. The rental fees of a house and the price of house is actually different from one another. If you rent a house, you have to pay for the rental fee for every month, and the price depends on what types of house-style that you are going to choose. For condos, it costs you around thousands of dollars for a month, and for flat, it only costs hundreds of dollars per month, and you even have to pay for electricity, utilities by your own. If you buy a house, of course it costs you a lot of money, but it’s a lots easier than living in a rental house.
When it comes to utilities or electricity, they are more affordable, which you only need to pay between $15 to $100 a month. Those prices are included the cable television, your electricity used (including air-conditioner, refrigerator…), water from $2.5 to $100, garbage collection, and so on.
When it comes to foods, everything in Cambodia is cheap and healthy. Vegetables are all organic, which are grown by local people. Dining at a good value are some things that’s typically presupposed, particularly in Phnom Penh, Siem Reap, and other 23 provinces, where there are many restaurants that you can spot everywhere. There are many types of cuisine including Western-style or Asian-style (including, of course, Khmer) are served from $1 per course upwards.
For mobile data charge, it’s very cheap in Cambodia. You can top up your phone balance from $1 and up. If you top up $1, you can use it for at least 5 to 7 days depends on what network that you are using. For the internet, you can use it from your mobile phone, or install WIFI at home, which is a lots convenience and faster than the internet that use from phone. And it costs you around $30 upwards for a month or 3 months, and of course the price is depended on the network companies.
Even though the cost of living in Cambodia may be one of the lowest in the world, the quality and standard of living remain high. A lot of retirees and expats selecting this country as a place to relax every year.
Below are some of the monthly average budget for expats as well as local people:
- Food & drink cost: $100 to $200
- Rental fee for single bedroom cost: $100
- Rental fee for more than one bedroom cost: $400
- Utilities cost: $100
- Transportation by tuk tuk cost: $38
- Electricity cost: $30 to $100
- Internet cost: $40
- Medical & Health insurance cost: $456 for individual, and $1152 for a family.
- Visa cost: $24
Cost of living in Cambodia | Cambodia Time
Like any other countries, In Cambodia, you can legally have only a wife, if you have more than one once you haven’t got divorced, it’s considered illegal or against the law of the country. Getting married is the important thing that ...Read more
Like any other countries, In Cambodia, you can legally have only a wife, if you have more than one once you haven’t got divorced, it’s considered illegal or against the law of the country.
Getting married is the important thing that couple have to be well-considered before starting their life as a wife or a husband. In Cambodia, before the couple officially become a wife or husband, they have to celebrate their wedding at least let the mayor, elderly people of each side know about this.
Of course normally a man can have more than a wife, but he only has one official wife. In particular, if he wants to have another new wife, he has to get divorce with his previous wife, and then he can get married once again.
The wedding is the traditional ceremony in Cambodia that every couple is required to celebrate it. Usually for Cambodian, the wedding ceremony takes one and a half day, and during the wedding the bride and groom have to wear the wedding traditional clothes. The ceremony normally takes place at the bride’s house, and there are more events that each couple is required to do during their wedding day.
To celebrate the wedding not only for respecting and obeying the laws of the country, but this symbolizes that the bride and groom officially becomes a wife and husband, and no one can bother or becomes the third wheel in this marriage, unless each of them cheating secretly.
On the other hand, once there is a wedding, there will be having a divorce just sooner or later. That’s why each couple has to be fully prepared, well-considered, and make sure they can be responsible in the family.
How many wives can you have in Cambodia?
Commonly, the divorce occurs due to the fact that couple can’t live together anymore, can’t find the income to support family needed, have too much responsibility in the family, have conflict, use harsh words towards each other, cheating, and more. Those are the common problems that make couple get divorced.
Getting a divorced in Cambodia also has the process to do it, and it’s also related to the law of the country. If you ensure that you’re ready to get divorced, you have to go to the court, and it also takes ages to get done. Sometime it takes a month to get ready or more than that. If couple officially get divorced, they of course can find new partner and get married again.
How many wives can you have in Cambodia-Cambodia Time
Buying an established company has many benefits, the most important of which is that you can begin trading right away. When you buy an existing company, you don’t have to wait for the property to be fitted out; you can ...Read more
Buying an established company has many benefits, the most important of which is that you can begin trading right away. When you buy an existing company, you don’t have to wait for the property to be fitted out; you can start earning money right away from your existing customer base. This usually comes at a cost (the business’s purchasing price), but if you can find a good deal, it’s always a good idea to go this route.
Step 1 – Find a business that interests you: Most reliable real estate firms have company for sale listings that you may be interested in. The current state of the business, as well as the lease and financial details, are normally included in the listings.
Step 2 – Check the lease of the current Business that you want to buy: It is better to check about Due Diligence when you set up your business. Due diligence is the examination or exercise of care that a fair company or individual is required to perform before entering into an arrangement or contract with another entity, or performing an act with a certain level of care.
Due Diligence is an important step in the process. The new owner must ensure that the current lease agreement permits the transfer of the business. Coordinate with the property owner and negotiate a new lease agreement if the existing lease does not provide for the transition to a third party. The new lease agreement could alter the rental price.
Keep in mind that before a company opens to the public, it should have gone through the process of consulting with the property owner to see if the lease can be transferred. In theory, the current business owner cannot sell the company if they are aware that the contract does not allow for the sale. It is, however, important that you double-check. Your real estate agent will help you negotiate the new lease conditions. They can also search for another venue if it isn’t negotiable. In the case of a franchise, venue or lease arrangement are not taken into account. You are free to set up shop wherever you want.
Step 3 – Sign the new lease or assignment of lease rights: Once the property owner has agreed to the lease transfer, interested parties sign a company transfer agreement. This is made possible by the real estate agency. They review the lease papers, coordinate/negotiate with the landlord, and prepare the requisite documents for signature. When you leave it to the professionals, it’s painless and hassle-free.
Check tax receipts and other contracts from suppliers if you want to keep the existing business name: The main benefit of holding the current company name is that the incorporation process is quicker, taking just 3-5 weeks on average. You’ll still keep customers who are already loyal to that specific brand or name. If you’re buying an established company, make sure the previous owner’s tax payments are current. Check for any outstanding debts with current vendors as well.
Step 5 – Hire or re-train existing staff: You have a young population of Cambodians eager to make a name for themselves, depending on the degree of revamping you decide to make on your market. The workforce is diverse; all you have to do now is find the right people.
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