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Vanvutha Leang
Vanvutha LeangExperienced
Asked: March 21, 2021In: Make Money

What are the small business opportunities in Cambodia?

Having said that one of the most popular and profitable small business opportunities in most of Cambodia is the Food and Beverage industry. This industry is a need for not only Cambodian but also foreigners who visit the Kingdom. There ...Read more

Having said that one of the most popular and profitable small business opportunities in most of Cambodia is the Food and Beverage industry. This industry is a need for not only Cambodian but also foreigners who visit the Kingdom. There will have a lot of customers in any area of the country. As we know, food is an everyday requirement for people. However, before you start, you have to be clear with a good location and available market, so it will give you a highly profitable. This article will show and list the potential business that available in Cambodia for you to a fresh start as you wish.

Related: What are the best businesses to start in Cambodia?

Restaurants

Restaurant Business in Cambodia

Restaurant Business in Cambodia

As you can see, there are plenty of restaurants located in Phnom Penh and Siem Reap which attract many customers, even locals and foreigners to relax in the place. It should be noted that opening this sort of business required paying attention to every small thing that matter. Simply like the taste of food, environment and most importantly be on time. Additionally, it will be even useful in case you have unique ideas to design your place and food to be better or different from another place.

Related: What are the Business Opportunities in Cambodia?

Above all, as a restaurant owner, you need to be royal, honest, and thinking about quality rather than profit. Having new loyal customers is the best thing for us because they may recommend our place to other people to come and so on so forth.

Coffee Shop

Coffee Shop Business in Cambodia

Coffee Shop Business in Cambodia

Driving around Phnom Penh city, between two blocks, you will see at least 2 to 3 coffee shops. This kind of business is quite popular for most Cambodia business start-up because its requirements not so much money to invest and somehow gain more profit. As people, right now, love to drink coffee, and for most people, coffee is like their morning routine.

By opening a coffee shop, you need not find big land, what you need just only small land that enough for parking and put the rest of your shop’s stuff. More things, you need to buy a coffee machine or in case you would like to less money on that, it possible for you to buy a second-hand product to use contemporary. This business is almost available for everyone to start, even you had less money.

These businesses indicate above are for people who would like to fresh-start their own business, since it spends not so much money, but experiences. I suggest you work in either of these fields in order to understand more about the process before you start. Experiences are crucial than money because you can spend a little money to start a business, but you might not be successful to spend more money to start with a naïve experience.

Related: Why Business Blueprint is Important for Startup Business?

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Kheang Sreyphin
Kheang SreyphinExperienced
Asked: March 19, 2021

Is Cambodian food similar to Thai?

It can be hard to tell whether a dish is Cambodian food or Thai food because side dishes of these two country aren’t quite different from each other. You might think Khmer foods and Thai foods are exactly the same ...Read more

It can be hard to tell whether a dish is Cambodian food or Thai food because side dishes of these two country aren’t quite different from each other. You might think Khmer foods and Thai foods are exactly the same because these two countries are neighbors and the menu of the foods are also the same. But if you explore these two countries deeper, you might see a little difference between Cambodian foods and Thai foods. Quickly read these article below and get to know more about the similarity and differences of foods between Cambodia and Thailand.

There are only a few side dishes that make Thai foods and Khmer foods similar to each other:

1. Tum Yum Kung

Tom Yum Kung is a type of hot and sour spicy soup. Both Cambodian and Thai people eat this type of soup, and the process of making this soup is also the same, but the only differences of this soup is the taste. We, Cambodian, prefer less spicy soup with thick taste and well-balanced which means Tom Yum soup should contain of 4 tastes such as salty, sweet, sour taste from the tamarind or lemons, less spicy, While Thai people prefer to add more chilies or pepper in the soup to make it spicier.

Related: What do they eat in Cambodia?

2. Papaya salad

This type of salad is the most favorite food for both countries, and in Khmer we call this type of dishes as Bok Lhong. Thai people prefer food spicier than Cambodian people. The amount of chilies that people add in the foods is one of the differences between these two countries as you already know, yet one more difference is that people in Cambodia use shrimp paste with salty crab in making papaya salad while people in Thailand prefer to add fish sauce or prohok sauce in papaya salad, and other ingredients such as vegetable, sugar, chilies, and many more are included in same as Thai papaya salad recipe as well. Even they both have one thing difference, but papaya salad remains the most delicious food.

3. Raw shrimp and spicy marinate crabs

Both country enjoy to eat raw seafood such as shrimps and spicy marinate crabs. It’s one of the most popular food in Cambodia as well as in Thailand. People usually enjoy this with a bowl of rice or just only eat with a glass of beer. The spicy level of this dishes are the same for both Cambodia and Thailand.

Related: Are things cheap in Cambodia?

Besides these foods, Cambodian cuisines are very unique from Thai foods because in Cambodia people tend to use prohok and lemongrass paste as the main ingredients in making traditional foods while in Thailand they tend to use chilies as the main ingredients.

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Kheang Sreyphin
Kheang SreyphinExperienced
Asked: March 19, 2021

Is Cambodia expensive to live?

Cambodia is a very good and cheap place to live. Though Cambodia is the developing country, but many things are more developed and modernized, and still the cost of living in Cambodia remains relatively cheap if we compared to other ...Read more

Cambodia is a very good and cheap place to live. Though Cambodia is the developing country, but many things are more developed and modernized, and still the cost of living in Cambodia remains relatively cheap if we compared to other countries in Asia and Europe. You won’t get obsessed living in Cambodia as everything there is affordable and cheap.

Related: What is the Real Cost of Living in Cambodia?

If you’re seeking for an apartment for rent, for sale, or for business or investment opportunities, all areas in Cambodia will be surely the right places for you. The rental fee is much cheaper than other countries, and the labors wages will also surprise you. The average rental fee for an apartment is from $400 up only, and it’s comfortable to live as air conditioner is provided. If you’re looking for a flat for sale, the price will be beyond your imagination. The average price for a flat is around $40000 to $80000 with many bedrooms, bathrooms, and you’ll get some furniture for free from the house owner, and the surroundings would definitely surprise you with approachable neighbors.

Jackfruit in Cambodia

Jackfruit in Cambodia

The school fee is also affordable than other countries. For high school’s students, the average fee is around $30 to $40 per month, and for the senior year of high school, the average fee is around $50 to $100 only per month, these include the fee from the special extra classes. The school fee is cheap because most of parents in Cambodia could afford it, yet it provides the best education for students with good learning equipment. For the college’s students, the average fee is around $500 to $3000 per year. The college fee is cheaper than other countries, and students can get a good learning education with those average schooling fee.

Related: Are things cheap in Cambodia?

When it comes to foods or clothes, they are cheap in Cambodia. You can be able to encounter the organic vegetable, and good quality of fabric of clothes with cheap prices. When you go shopping, the price and the quality of clothes will be beyond your expectation. Vegetable in Cambodia is cheap, and you can eat as many as you can, the more you eat, the healthier you get. Sometimes you could only spend 20000r ($5) on food, and you can enjoy it for a day.

When you’re on a vocation to other provinces in Cambodia, the travel budget could be around $200 to $300 so that you can have much fun, eat many foods as much as you can, buying souvenir and stuff, and spending on travel accommodations with those travel budget. With an amount of those budget, you can have fun for around three days and two nights.

Overall, Cambodia is a cheap place to live. When it comes to shelters, foods, clothes, and many more, they are inexpensive in Cambodia. If you want to get to know more about this country including the living condition of Cambodians, education systems, the average salary of workers, history as well as historical places, you can explore more or visit Cambodia on your vocation; then you will see many expected things, stunning landscape, and helpful people.

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Kun Kanha
Kun KanhaExperienced
Asked: March 18, 2021In: Lifestyles

What is Phnom Penh known for?

One of the most popular areas of Phnom Penh for visitors tends to be the Riverside. Lined with bars and restaurants, and giving nice views of the Tonle Sap, this area lends itself to lazy afternoons watching the world go by. ...Read more

One of the most popular areas of Phnom Penh for visitors tends to be the Riverside. Lined with bars and restaurants, and giving nice views of the Tonle Sap, this area lends itself to lazy afternoons watching the world go by. A short distance east of the river, the streets are also packed with late night bars and guesthouses as well as being close to the central market and night market. For those wanting to stray away from the usual tourist hotspots, head to street 240, or the area just south (and slightly south east) of Independence monument. These up-market areas demonstrate Phnom Penh’s blossoming café culture. Over the last few years a plethora of coffee shops have sprung up – used by Cambodians and expats alike. Sipping coffee and sampling pastries in one of these establishments is a great way to get a bit of a feel for the new emerging side of Phnom Penh – a young, rising, ambitious population pursuing both education and business in a bid to compete with other ASEAN nations.

Related: What is the best way to travel around Cambodia?

Tuol Sleng (the infamous Khmer Rouge prison) and the Killing Fields just outside the city center. Anyone interested in understanding Cambodia should take time to visit at least one of these sites, as the Khmer Rouge era still defines many of Cambodia’s struggles today. Tuol Sleng is quite a harsh place to visit – a former school, it was turned into a detention center where supposed opponents to the regime were tortured for their confessions.

The Killing Fields is equally sobering, but has become more of a memorial to the people who died there, rather than a museum. A very well written audio guide, put together by Youk Chhang (Director of the Documentation Center of Cambodia ), helps visitors move around the site and gives an insight into the lives of people who suffered at that time.

A good way to end a challenging day visiting these sights is with a boat trip along the Tonle Sap at sunset. It’s possible to rent a whole boat to yourself, or sign up for a general boat tour. The boat trip will take you at a leisurely pace down the river to where the Tonle Sap merges with the Mekong. It’s a relaxing way to see Phnom Penh from a different perspective.

Related: Where to live in Phnom Penh?

Visitors might also like to have a quick stroll around the Olympic Stadium (Cambodia has never hosted an Olympics, but the stadium complex somehow landed this name) after 3pm. Scores of Phnom Penh residents gather there to join in outdoor aerobics classes, have impromptu football games, or just jog around the track. It’s a fun, relaxed, and a very Cambodian environment.

Another popular sight with visitors who have a short time in Phnom Penh is the Royal Palace, including the Silver Pagoda. Originally built in the 19th century, many buildings in the complex have been reconstructed over the years, but still the overall site is impressive. The Silver Pagoda isn’t actually made of silver, but rather part of its interior is lined with silver tiles. Only a small part of this is actually visible (the rest is covered for protection) but another key attraction is on display – Cambodia’s Emerald Buddha.

Royal Palace, Kingdom of Cambodia

Royal Palace, Kingdom of Cambodia

 

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Vanvutha Leang
Vanvutha LeangExperienced
Asked: March 17, 2021In: Make Money

What are the Business Opportunities in Cambodia?

Cambodia is such an opportunistic country to seek better business ideas and successfully implement them to gain more revenue and profit. As we know that Cambodian economy is one of the rapid economic growth among nations in the ASEAN community, ...Read more

Cambodia is such an opportunistic country to seek better business ideas and successfully implement them to gain more revenue and profit. As we know that Cambodian economy is one of the rapid economic growth among nations in the ASEAN community, therefore the foreseen chance to collect huge profit is in it.

What are the Business Opportunities in Cambodia?

What are the Business Opportunities in Cambodia?

Related: Why Cambodia Is A Good Business Destination?

Specifically, this article will bring you to know even more about business opportunities in Cambodia in order to understand business’ circumstances here in the Kingdom.

1. Real Estate

There are various and different ways to gain profit from investing in real estate in Cambodia. As we can see Phnom Penh is one of the most crowded cities in Cambodia, so there are many residents or foreigners who need proper shelter to live during vacations or working in Cambodia. One of the best methods to inventing in this situation is to buy a good price and location in Phnom Penh and sell it to customers at a profitable price. This practice provides us much of profit and it will gain even more in case we have a lot of connections with many people in the real estate sector.

Related: What are the major industries in Cambodia?

By doing this, it also helps foreigners or Cambodians, who need better shelters, ease to find a proper house as they wish. Being an agent in this area will provide us more money and connections if we are smart enough to attract more customers.

2. Transportation

Transportation in Cambodia still at a low level compared to neighboring countries, such as Thailand and Vietnam. In Cambodia, taxis or buses remain at a low standard and receive a lot of complaints regarding customer service, driving situations, and so on so far. Therefore, this is an opportunity for you to invest in this sector by eliminating or reduce the badness from the current company competitively. It’s better to learn from their mistakes and apply them beautifully to our company. This business opportunity cannot be skipped, otherwise, you would lose this big chance.

Related: Why Cambodia Is A Good Business Destination?

3. Food and Drink Franchises

Simple to say youth Cambodian love to try new things from other countries, so buying a franchise from other countries to sell in Cambodia is also consider a business opportunity as well. As you can see there are numerous international food businesses open successfully in Cambodia, including Starbucks, Burger King, Circle K, The Pizza Company, Domino, Koi, and among others successful franchise. However, this point also needs to critically think about market competition as well, due to a lot of business out there already successful, we need to be better.

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