Angkor Times Latest Questions

Angkor Times
Angkor TimesExperienced
Asked: December 28, 2020In:

When you buy a product that is packaged in accordance with national and international standards, you will definitely see a blue or black stripe and a white surface with no less than 10 digits on the packaging. The stripe is a ...Read more

When you buy a product that is packaged in accordance with national and international standards, you will definitely see a blue or black stripe and a white surface with no less than 10 digits on the packaging.

Barcode usage in Cambodia

Barcode usage in Cambodia

The stripe is a barcode system that is highlighted to indicate the origin of any product. By using a machine or barcode scanner for a product, we will know where the product is manufactured and / or packaged, and which enterprise or company is the manufacturer or packaging? In addition, through this barcode system, retailers can enter data of the selling price of the product to facilitate the sale of goods.

This barcode system provides many other benefits, including:

  • Reduce errors and other risks in the production chain
  • Increase management efficiency in the production chain
  • Standardize products
  • Easy to export
  • Easily manage inventory
  • Make company-to-company communication easier and better
  • One standard for production partners
  • Other
What is a Barcode, What are the benefits

What is a Barcode? What are the benefits?

Barcodes are issued by the GS1 Cambodia Association, a subsidiary of the Cambodian Chamber of Commerce. To receive a barcode, you need to apply for registration as a member of the GS1 Cambodia Association. In addition to this application, you are required to attach some necessary documents and information, including a trademark registration certificate, an enterprise registration certificate, the name of the business owner and the identity card of the business owner, etc.

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Angkor Times
Angkor TimesExperienced
Asked: December 28, 2020In:

Here’re 3 main factors that make land prices in Cambodia continue to rise: As you know, Cambodia is one of the countries in ASEAN that has been experiencing good economic growth in recent years. Cambodia’s gross domestic product (GDP) is expected ...Read more

Here’re 3 main factors that make land prices in Cambodia continue to rise:

As you know, Cambodia is one of the countries in ASEAN that has been experiencing good economic growth in recent years. Cambodia’s gross domestic product (GDP) is expected to be around 7.0% for 2019 and about 6.8% by 2020. According to a report by the Asian Development Bank (ADB).

What are the main factors that make land prices in Cambodia continue to rise

What are the main factors that make land prices in Cambodia continue to rise

In the period from the economic crisis between 2008 to 2009, the Royal Government of Cambodia has been striving to gradually improve the country’s economy until now, Cambodia can maintain economic growth at 7.0% in 5 years. Consecutive years.

Cambodia is valued by the world to be able to become an economic dragon in ASEAN countries in the next 10 years. The four sectors still play an important role in Cambodia’s economic development: agriculture, textiles (garment factories), tourism and construction (real estate).

1. Foreign direct investment

According to a report by the Council for the Development of Cambodia, in the first half of 2019, Cambodia approved the establishment of 153 new investment projects under an investment of more than $ 5 billion, and this project created 167,330 jobs. Compared to the same period in 2018, there are 105 projects with a total investment of more than $ 3.5 million.

Looking back at the construction and real estate sector, from year to year, construction and development activities in this sector have been very attractive to both local and foreign investors.

The influx of foreign investors to invest and invest in Cambodia, as the country is showing a lot of positive signals in investment, especially in the last three years have seen the flow of Chinese investors to Cambodia to work. Invest in major sectors such as condominiums, hotels, guesthouses, commercial buildings, supermarkets, factories and casinos, with millions of dollars invested in each project.

The construction sector, through the Ministry of Land Management, Urban Planning and Construction, released the following construction reports:

Nationwide construction data in 2018 was 3,290 projects with an area of ​​12,378,119 square meters, with an estimated investment of 5,755,070,120 dollars compared to the same period in 2017. 3,418 projects with an area of ​​11,381,883 square meters, with an estimated investment of 6,798,663,125 USD, a decrease of 15.35%.

Analysts see that although investment projects appear to have declined slightly for 2018, they expect that in 2019, investment in the real estate sector will increase due to the growth of Chinese investors in both Phnom Penh and Sihanoukville. Sihanouk. Experts see that in 2019, there will be an increase in investment capital due to the current political situation in the country, the economic situation is still at 7.0%, construction and development activities are busy, the influx of investors to invest more. This gives rise to signs of real estate and construction, and land prices continue to rise year on year.

As observed in recent years, the influx of Chinese investors has come to invest and do business in Cambodia, especially in Sihanoukville, which is expected to build and develop in This year 2019 has a remarkable momentum, so experts expect that in 2019, investment in construction and real estate will really increase.

The influx of Chinese and Korean investors is increasing, especially Chinese investors over the last three years, who have focused on investing in condominiums, casinos, special economic zones, factories, handicrafts, hotels and guesthouses.

2. Growing demand and improving infrastructure

It is noted that land prices continue to rise year by year due to the country’s steady economic growth and rich natural resources, investment opportunities, construction activities and projects. Population (population growth of 16.49 million people in 2019) Demand is still high, supply is still good, infrastructure (maze, waterway, land and air) helps to provide all kinds of transportation, especially national road network No. 4, which connects Phnom Penh to Sihanoukville International Port, and what is more special is the project to build an expressway that connects Phnom Penh to Sihanoukville and another line connecting Phnom Penh to Bavet, which is An important part facilitates all kinds of transport and traffic activities.

3 main factors that make land prices in Cambodia continue to rise

3 main factors that make land prices in Cambodia continue to rise

3. Political stability

The good political situation does not intimidate both local and foreign investors, and on the other hand, land prices in Cambodia still seem low compared to other ASEAN countries: China, Thailand, Korea, Taiwan, the Philippines, Hong Kong, Vietnam, Malaysia and so on. .

According to Chinese investment experts, Cambodia has another 30 years to develop the country into what is now Hong Kong or Singapore. This means that there are still 30 years of investment opportunities for local and foreign investors, and land prices continue to rise in line with the economy and the country’s development process.

land prices in Cambodia continue to rise

land prices in Cambodia continue to rise

The above presentation is a validation factor that confirms the argument that property (land) prices can continue to rise in all parts of Cambodia, especially

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SOVANN
SOVANNExperienced
Asked: December 28, 2020In:

Digital Marketing Examples Social Media Marketing (SMM) Search Engine Optimisation (SEO) Search Engine Marketing (SEM) Email Marketing Marketing Automation Digital Advertising Content Marketing ...Read more

Digital Marketing Examples

  • Social Media Marketing (SMM)
  • Search Engine Optimisation (SEO)
  • Search Engine Marketing (SEM)
  • Email Marketing
  • Marketing Automation
  • Digital Advertising
  • Content Marketing
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Angkor Times
Angkor TimesExperienced
Asked: December 27, 2020

Ever wondered how the job search portals make money? How do they earn huge profits even after spending lakhs of money over huge advertisement? Is it because of their pay per click advertisements or because of their exceptional email marketing? But ...Read more

Ever wondered how the job search portals make money? How do they earn huge profits even after spending lakhs of money over huge advertisement? Is it because of their pay per click advertisements or because of their exceptional email marketing?

But first, what is a job search portal?

A job search portal is an online career portal which connects employers and applicants who are looking for a job. It offers a variety of job fields and acts as an intermediary and helps the applicants find a job which is the most suitable for them. They make money by matching the right people to the right job. These are some of the ways these portals make money:

1. Advertisement

Whenever there is a new position vacant in a company, these companies contact the job portals. These job portals advertise the job opening on their homepage where they get a huge number of visitor views. They are divided under various categories – Ranging from the number of days to the number of jobs available on those locations to the city.

A global job can also be posted on these websites attracting people from all around the world. In this way, the job portals make a huge amount of money from the company depending upon each factor.

2. Selling of database

A job portal has information about the job seekers’ profile, resume, and contact, which they can easily sell to the companies to earn money. Also, it can give details about the vacant job positions in the company to the job seekers and charge them. It is the most common and simple way of earning money.

3. Email Newsletters

The job portals have an email database of all the candidates seeking a job. Thus, if a company wants to fill in the job vacancy it contacts these job portals and asks them for the email address in exchange of money. This process is however not always beneficial from the viewpoint of the company because it is very difficult to find the perfect candidate amidst the huge audience.

4. Premium Content

Job portals can make money by charging a basic amount of fees from both the candidate and recruiter who is registering on the website. Services on the portal are usually not free. Sometimes these portals charge the employer on the basis of every candidate they interview. Also, sometimes it happens that the job portals charge an extra fee for reputed and big companies from the candidates.

5. Affiliate Marketing strategies

Sometimes to earn money the job portals try to adopt the affiliate marketing strategies. After a candidate has posted his details on the website as to his field of interest, qualification, city preferred and past job experiences. Every time the job acts as an affiliate between the recruiter and the applicant, it charges commission.

There are various job portals which are available online such as Monster.com, Naukri.com, CareerBuilder. They attract two types of customers- recruiter and job seeker by huge advertisements and publicity. These portals make money mostly from the employers by just having a database about the applicants. There are many job portals most of them are Public Limited making huge money and success and investing back into many new projects.

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SOVANN
SOVANNExperienced
Asked: December 27, 2020In:

The name and concept of “yellow pages” came about in 1883, when a printer in Cheyenne, Wyoming, working on a regular telephone directory ran out of white paper and used yellow paper instead. The term Yellow Pages is not a registered ...Read more

The name and concept of “yellow pages” came about in 1883, when a printer in Cheyenne, Wyoming, working on a regular telephone directory ran out of white paper and used yellow paper instead. The term Yellow Pages is not a registered name within the United States and is freely used by many companies.

Cambodia Yellow Pages

Cambodia Yellow Pages (YP) was established in 1997, considered as the largest publisher of businesses listing directory in Cambodia and also well known as #1 and leading local businesses directory providing the fastest search of all commercial, industrial and consumers through YP print directory and digital online platform: http://www.yp.com.kh.

How does Yellow Pages make money? Yellow Pages Cambodia

Over the years, YP has been serving the Individual, Small, Medium & Enterprises (I-SMEs) and Large Enterprises by connecting buyers and suppliers and was the most trusted source of local business information for decades, and it continues to be used by millions of consumers and businesses.

To fulfill to Digital Century as well as increase more online visibility and digital presence for local businesses, YP was developing new online platform/portal with full features combining all businesses directory, marketplace-e-commerce and property-real estate portal to be the top one multi-platform/portal allowing all Users such as: I-SMEs and Large Enterprise upload their biz profile, products, services, property (house/land, Condo, Apartment…), photo galleries,….., etc.

Related: How to open a Mini Mart Business in Cambodia

Through our YP new platform, it will make more easier to all users/consumers for searching everything they need. They still can search very fast by typing on direct keywords, Business Category, Product Category, Location, Brand Names, Properties-Real Estate (House, Land, Borey, Condo, Commercial, Office, Apartment,……), Buy/Sales /Rent and more filters.

Vision

To be the Best/Leading Print & Online Advertising Solution as well as become the ” trusted partner-growth partner ” to SMEs, Large Enterprises as well as Individual Businesses in Cambodia, providing full database of businesses directory, marketplace and property-real estate.

Mission

We are committed to bring the best quality of all our product and services to our value customers and partner with highly satisfaction, win-win solution in order to to become the ultimate and top-of-mind search tool for consumers and businesses looking for everything they require.

Management Philosophy

Our customers’ success is the key of our existence. Our thoughts, actions and priorities are focus on our customers in our working hours

The Company shall care and develop the team members. The team members shall care and develop the business

There is One Vision, One Team and One Goal. We move in unison and prosper as a group.

Related: Buying office space for rent in Cambodia

Corporate Principles

Knowledge of Company’s objectives, goal and vision. Acting in harmony and commitment towards achieving it

Encourage participating relations between managerial staff and employees, customers and suppliers and social responsibility, integrity and ethical principles

Corporate Management wishes

To secure all employees a share of SUCCESS commensurate with their achievements and to allow them to develop their personalities within the Company

To satisfy customers’ requirements with highlight beneficial products, services and systems, and to be an effective, innovative partner to these customers

To maintain fair, lasting business relations with advertisers

To guide the Company’s efforts towards creating and securing long term earning capacity and to organize it for the good of the society

 

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SOVANN
SOVANNExperienced
Asked: December 26, 2020In:

Are you thinking of investing in real estate today? Before investing or buying any property or land in Cambodia, you may want to consider these six fundamental criteria or questions your should  know in order to maximize for future profits: 1. Road: ...Read more

Are you thinking of investing in real estate today?

Before investing or buying any property or land in Cambodia, you may want to consider these six fundamental criteria or questions your should  know in order to maximize for future profits:

1. Road: Does the place have dirt road, paved road or concrete road? And how many meters is the road?

2. State Building: Is the area close to the district hall, the police station, the military post? . Etc. Town: Is the area densely populated? And are there schools, hospitals, restaurants, hotels, resorts nearby?

4. Industrial areas: Does the area have large factories nearby?

5. Electricity: Is there a connection? If so, is it a public or private electricity?

6. Banks: Are there any banks or financial institutions nearby?

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Angkor Times
Angkor TimesExperienced
Asked: December 24, 2020In:

A commercial road connecting Thailand’s Trat province and Cambodia’s Veal Veng district in Pursat province is 90 percent complete and expected to be ready ahead of schedule according to the Pursat provincial administration. Thailand’s government has spent almost $2 million in ...Read more

A commercial road connecting Thailand’s Trat province and Cambodia’s Veal Veng district in Pursat province is 90 percent complete and expected to be ready ahead of schedule according to the Pursat provincial administration.

Thailand’s government has spent almost $2 million in building the link between the two countries.

The road comprises four lanes and is 14 metres wide and 1.9 kilometres long. It is  between border checkpoints in Tha Sen village, Lem Kat commune, Moeung district in the Trat province of Thailand and at National Road 55 (Thmor Da checkpoint) in Sangkom Thmey village, Thmor Da commune in Veal Veng district. Its construction followed approval by the Thai parliament of a request from the governor of Trat province made on Nov 27, 2019.

This trade route will become an important economic channel linking the countries’ trades and businesses, especially given the completion of Cambodia’s National Road 55, which has connected  National Road 5 to Trat.

National Road 55 is 182 kilometres long and connects Pursat’s Veal Veng to Thmor Da (at the Cambodia-Thailand border).

Its construction cost of $132.8 million was funded by the Chinese government in cooperation with the Royal Government of Cambodia’s Compensation Fund for tackling the impact of unexploded ordnance (UXO) clearance and construction.

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Angkor Times
Angkor TimesExperienced
Asked: December 24, 2020In:

I sit in a cafe and hear people talking about “Bill Gates & Mark Zuckerberg dropped out of schools” and I’m always wondering if they believe “Bill Gates & Mark Zuckerberg succeeded in dropping out of school”. Of course, Gates and ...Read more

I sit in a cafe and hear people talking about “Bill Gates & Mark Zuckerberg dropped out of schools” and I’m always wondering if they believe “Bill Gates & Mark Zuckerberg succeeded in dropping out of school”.

Of course, Gates and Mark did not become rich by dropping out of school, but some still believe it or otherwise cheat on some successful seminars or websites that inspire young people to be less valuable. Go to school, stop working for others to start your own business, become a young millionaire or Young Entrepreneur.

Did you know that Bill Gates and Mark Zuckerberg passed Harvard University on their own, a world-class university, and only the best ones passed?

Did you know that Bill Gates passed the first year with the highest score without entering the class before starting Microsoft in the second year?

Did you know that Mark has been a computer programmer since high school? Did you know that Mark can read and write in French, Latin, Hebrew, and Ancient Greek?

In my eyes, Bill Gates and Mark Zuckerberg are so talented that it can be said that “I’ graduated from college. And the story of graduating or not finishing is the smallest thing for Bill Gates.

“Every day I see training seminars, successful courses, and a lot of websites writing to encourage people to be less interested in learning, to quit their jobs and become self-employed sooner,” Bill Gates and Mark Zuckerberg. “Learning is not over.”

The world never tells us what life is like for the 10 million school dropouts.

The world never tells us how those who frantically quit their jobs and go into self-employment fail.

There may be 2 out of 10 million successful people in the world, Gates and Mark, and forget that the rest of you live on the streets and do not know if there is food tomorrow and how to live. .

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Angkor Times
Angkor TimesExperienced
Asked: December 24, 2020In:

Lack of sufficient capital is a big problem. There are many people who have ideas but still can not run a business of their dreams due to lack of capital, leading to the lack of courage to give up the ...Read more

Lack of sufficient capital is a big problem. There are many people who have ideas but still can not run a business of their dreams due to lack of capital, leading to the lack of courage to give up the idea. At this point, have you ever asked yourself how much capital you need for your business? $ 10,000? $ 20,000 or $ 50,000?

Not all businesses around you need tens of thousands of dollars to start a business. Ideally, you need to start small. Take a look at your abilities and skills, what skills do you have that can go out of business with little capital? You can check the following 29 businesses once, it does not require much capital, that is, only $ 2,000 down can also do business

  1. Social Media Management Specialist
  2. Fitness Instructor
  3. Luggage service
  4. Cheang Tong (Jewelry Design)
  5. Home Paint Service
  6. Part time essay writer
  7. Personal Chef
  8. Office Organizer
  9. Fashion Designer
  10. Provide local marketing planning services
  11. Private teacher
  12. Apartment Arrangement Service
  13. Symbol Designer
  14. Home Cleaning Service
  15. Room installation and repair service
  16. Event Organizers
  17. Digital Marketing Agency
  18. Software Developer
  19. App Developer
  20. Taxi driver
  21. Tour Guide
  22. Tax Service
  23. Personal Counselor
  24. Freight Forwarding, Cargo, Transport
  25. Part-time newspaper translator
  26. Online sellers
  27. Blogger
  28. Financial Advisor
  29. Business planner
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Angkor Times
Angkor TimesExperienced
Asked: December 24, 2020In:

At what age is best to start a business? At what age should you start your business? 20 years old? 30 years old? Or 40 years? This is a question that does not have any real standard answer for those who ...Read more

At what age is best to start a business?

At what age should you start your business? 20 years old? 30 years old? Or 40 years? This is a question that does not have any real standard answer for those who wish to do business or start a business can Apply as a whole. If you are still confused about this, please take a look at the research below.

According to a research study entitled Age and entrepreneurial career success: A review and a meta-analysis ) Found that the success rate of those who start a business in their 20s is similar to those who start a business in the 20s. 50 years old.

Based on the above research, there is a balance that arises at this point. While young entrepreneurs are more prone to new technological knowledge and reluctant to take risks, older entrepreneurs Has a lot of experience, strong skills in business, strong communication network and strong capital.

In contrast, the founders who started the business in their 30s and 40s did not seem to be very successful in Start their business. The same research found that “life at this age” has High responsibilities in the same story, such as building a family, earning an income, trying to avoid risk Etc. and can create many other big obstacles. This is not the right age and easy to build an entrepreneurial life.

However, these findings contradict previous US Census Bureau studies. (United States Census Bureau) shows that the most successful age of entrepreneurship is mostly for people in the age. Kandal, especially business people from the technology sector. The average age of successful business people from those tech companies is 45 years old.

If the data do not contradict each other like this, the question is, which is the best answer for you to start a business? Based on the above research, you really have a hard time deciding which one is more accurate? However, keep in mind that the more research you do, the more different answers you will get on this topic. .

Every day, a lot of people start a business. But if this person does business, that person does business, and you do business, then your situation is not the same. There is no scientific analysis that is 100% accurate and a standard model that shows that you should start a business in At what age is the most successful.

If you start a business in your 20s, believe in yourself and strive to achieve your business dreams. . If you start a business in your 50s, have confidence in yourself and fight for your business success. You. If you start a business in your 30s or 40s, have confidence in yourself and forget your point of view. This is the way that makes your spirits hesitate or doubt in your business life.

Because of your ideas, your efforts, your creativity and your commitment on who you are and What do you really want? How hard do you try? These are the most important factors that are more valuable than determining the age of your business.

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