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Category: Money

Explore opportunities to boost your income in Cambodia with Angkor Times. From insightful blogs on starting a business, investing, and making money online, to updates on the latest trends in startups and SMEs in Cambodia, this category offers practical tips and strategies to help you succeed in the Cambodian market. Stay informed and take your financial journey to the next level.

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SOVANN
SOVANNExperienced
Asked: April 4, 2021In: Money

How do I earn 5k-6k a month from YouTube in Cambodia?

The amount of money a YouTuber can make per video depends on a variety of factors, such as the number of views they accumulate and how many Google ads that are displayed throughout their videos. Using Forbes’s estimated pay rate ...Read more

The amount of money a YouTuber can make per video depends on a variety of factors, such as the number of views they accumulate and how many Google ads that are displayed throughout their videos. Using Forbes’s estimated pay rate of $5 per 1,000 views, a YouTube video with 1,000,000 views can make upwards of $5,000, which makes being a modern-day influencer a pretty lucrative job! However, as previously noted, these are estimates, and some YouTubers may make more or less depending on the quality of the ad, click through rate, and other factors. A YouTuber said:

The amount of money a YouTuber can make per video depends on a variety of factors, but I’m not sure what they are. All I know is that my earnings went up by 500% when I started running Google ads throughout the year. 

In order to get paid by YouTube, you need to reach a balance of $100 or more from views. This means you’ll need to garner 20,000 views if you receive $5 per 1,000 views. To make this happen, YouTube created the YouTube Partner Program, which allows you to get paid through advertisements on your page.

Related: 3 Ways To Make Money from Facebook in Cambodia

Ad placements aren’t the only way YouTubers make money and earn additional income. In fact, a YouTuber’s salary comes from a variety of other sources. Here are some other ways to make money as a YouTuber, so you don’t have to rely solely on ad placements. You can earn money by hosting sponsored posts or videos, creating branded content, and even getting paid for responding to messages.

Affiliate links: Have you ever watched a video of a YouTuber reviewing a product? How about one where a YouTuber throws in the name of their “favorite brand”? If so, you’ve experienced affiliate links. Affiliate links involvea YouTuber reviewing or mentioning a product, such as makeup, or a service, such as marketing software. When a viewer clicks on the link located in the video description and makes a purchase, the YouTuber will earn a percentage of that purchase.

Merchandise: YouTubers who have a huge following and a unique voice are often able to create a brand. They can sell all sorts of things from their channel, like shirts, hats, bags and more!

How do I earn 5k-6k a month from YouTube in Cambodia

How do I earn 5k-6k a month from YouTube in Cambodia

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SOVANN
SOVANNExperienced
Asked: September 8, 2020In: Money

Who are the Richest Persons in Cambodia?

Top 10 Richest People in Cambodia: An In-Depth Look with Latest Update. Cambodia, a country with a growing economy, is home to some of the wealthiest individuals in Southeast Asia. These tycoons have amassed their fortunes through diverse industries ranging ...Read more

Top 10 Richest People in Cambodia: An In-Depth Look with Latest Update.

Cambodia, a country with a growing economy, is home to some of the wealthiest individuals in Southeast Asia. These tycoons have amassed their fortunes through diverse industries ranging from banking and real estate to agriculture and telecommunications. Here, we take a closer look at the top 10 richest people in Cambodia, exploring their business ventures and the contributions they have made to the country’s economic landscape.

1. Kith Meng – The Royal Group

Kith Meng, often referred to as one of the most influential business magnates in Cambodia, is the Chairman and CEO of the Royal Group, one of the largest and most diversified investment companies in Cambodia. The Royal Group has interests in numerous sectors, including telecommunications, transportation, energy, media, banking and finance, insurance, real estate, education, and agriculture.

Nak Oknha KIT MENG Chairman of ROYAL GROUP CAMBODIA
Neak Oknha KIT MENG Chairman of ROYAL GROUP CAMBODIA

Kith Meng’s success story began with his strategic investments in telecommunications, most notably with the acquisition of Mobitel, Cambodia’s leading mobile network operator. He expanded the company’s portfolio into other areas, including media with CTN, Cambodia’s first 24-hour news channel, and banking through acquisitions and partnerships. Under his leadership, the Royal Group continues to be a major player in the Cambodian economy, driving growth and innovation across multiple sectors.

2. Pung Khav Se – Canadia Bank and OCIC

Pung Khav Se is the Chairman of Canadia Bank, one of Cambodia’s oldest and largest commercial banks, and the Overseas Cambodian Investment Corporation (OCIC), a leading real estate development company. His fortune is largely derived from banking and real estate investments, particularly through OCIC, which has spearheaded several large-scale real estate projects in Phnom Penh.

Neak Okha Pung Khav Se
Neak Okha Pung Khav Se

OCIC’s most notable projects include Koh Pich (Diamond Island), a prime residential and commercial development; Chroy Changvar Satellite City, an ambitious mixed-use project on the outskirts of Phnom Penh; and the Olympia City development, a large-scale urban project around the Olympic Stadium area. These projects have transformed Phnom Penh’s skyline and have significantly contributed to the city’s urban development. Pung Khav Se’s business acumen has not only made him one of Cambodia’s wealthiest individuals but also a key figure in the country’s economic development.

3. Lok Chumteav Neak Okha Pheap Heak – Chip Mong Group

Madame Pheap Heak, also known as Her Excellency Onha Madame Pheak Hak, is the Chairman of the Chip Mong Group, a conglomerate with a diverse range of business interests including construction, beverages, consumer products, and banking. The company is known for its high-end housing projects and commercial developments, as well as its role in the beverage industry through Khmer Brewery, which produces some of Cambodia’s most popular beer brands.

Neak Okha Pheap Heak
Neak Okha Pheap Heak

Chip Mong Group has also ventured into banking with the establishment of Chip Mong Bank, focusing on providing accessible financial services to Cambodians. Madame Pheap Heak, along with her two sons, Oknha Leang Meng and Oknha Leang Khun, has successfully steered the company to new heights, making it a significant player in Cambodia’s economic landscape.

4. Lok Chumteav Oknha Lim Chhiv Ho – Attwood Import Export Co. Ltd

Lim Chhiv Ho, a prominent businesswoman in Cambodia, is the founder of Attwood Import Export Co., Ltd., a leading company in the import and export of premium products. The company is particularly known for importing high-end alcoholic beverages, including brands like Johnnie Walker and Hennessy, which are popular in Cambodia’s growing luxury market.

Lok Chumteav Oknha Lim Chhiv Ho
Lok Chumteav Oknha Lim Chhiv Ho

Beyond the beverage industry, Attwood has invested in several special economic zones, including those in Phnom Penh and Poipet. These zones are critical for job creation and attracting foreign investment, contributing to Cambodia’s economic growth. Lim Chhiv Ho’s business ventures have made her a significant figure in the Cambodian economy, known for her contributions to the trade and investment sectors.

5. Ly Yong Phat – L.Y.P Group

Ly Yong Phat, often called the “King of Koh Kong,” is the founder and chairman of the L.Y.P Group, a conglomerate with diverse interests including hospitality, agriculture, infrastructure, and media. Starting in the 1990s, Ly Yong Phat built his empire in Koh Kong province, where he invested heavily in tourism, establishing hotels and resorts that cater to both local and international tourists.

L.Y.P Group is also involved in large-scale agricultural projects, including sugar and rubber plantations, and has expanded into real estate with investments in special economic zones and satellite cities. The group’s media arm includes PNN, one of Cambodia’s largest television stations, which has further solidified Ly Yong Phat’s influence in the country.

6. Sok Kong: Sokimex Investment Group

Sok Kong is the founder of Sokimex Investment Group, one of Cambodia’s largest conglomerates with business interests in petroleum, real estate, tourism, and manufacturing. The company is best known for its Sokha Hotels and Resorts, a chain of luxury hotels located in some of Cambodia’s most popular tourist destinations, including Phnom Penh, Siem Reap, and Sihanoukville.

In addition to hospitality, Sokimex has a significant presence in the petroleum sector, with extensive storage and distribution networks across the country. Sok Kong’s ability to diversify his business interests has made Sokimex a household name in Cambodia and has earned him a place among the wealthiest in the nation.

7. Mong Reththy – Mong Reththy Group

Mong Reththy is the Chairman of Mong Reththy Group, a diversified conglomerate with interests in agriculture, real estate, and logistics. The company is a major player in the agricultural sector, with extensive palm oil plantations and a large-scale animal feed factory. Mong Reththy Group is also involved in real estate development, particularly in coastal areas like Sihanoukville, where it has developed port facilities and other infrastructure.

The group’s agricultural ventures extend beyond palm oil to include rubber plantations, mango farms, and rice production, reflecting Mong Reththy’s commitment to leveraging Cambodia’s natural resources for economic growth. His strategic investments in agriculture and infrastructure have solidified his status as one of Cambodia’s leading business figures.

8. Sear Rithy – WorldBridge Group

Sear Rithy is a self-made businessman who started with a small logistics company and grew it into the WorldBridge Group, a conglomerate with investments in real estate, logistics, and financial services. WorldBridge is known for its luxury real estate developments, including The Bridge and The Peak, two high-rise condominium projects in Phnom Penh that have attracted significant investment and interest.

Under Sear Rithy’s leadership, the company has also ventured into affordable housing projects, catering to Cambodia’s growing middle class and low-income population. His vision and business acumen have made WorldBridge a key player in Cambodia’s real estate sector, and he continues to expand his business interests across the region.

9. Ly Hour – Ly Hour Group

Ly Hour is the founder of the Ly Hour Group, a conglomerate with diverse interests including microfinance, real estate, and jewelry. The group operates Ly Hour Pawnshop and Ly Hour Microfinance Institution, both of which provide critical financial services to Cambodia’s underserved populations.

Ly Hour Group also has a strong presence in the real estate sector, with developments such as Borey Vimean Phnom Penh, a residential project that caters to Cambodia’s growing demand for quality housing. Additionally, the group’s involvement in the jewelry business has made it a well-known brand among Cambodian consumers.

10. Sam Ang – Vattanac Investment

Sam Ang is the CEO of Vattanac Investment, a conglomerate with a strong presence in the real estate and banking sectors. The company is best known for its iconic Vattanac Tower, a skyscraper in Phnom Penh that serves as a symbol of Cambodia’s modern development. Vattanac Investment also owns Vattanac Bank, which provides a range of financial services to both corporate and retail clients.

In addition to real estate and banking, Vattanac Investment has interests in agriculture and manufacturing, further diversifying its business portfolio. Sam Ang’s strategic investments and business acumen have made him a prominent figure in Cambodia’s business community, and his company continues to play a significant role in the country’s economic development.

Other Notable Wealthy Cambodians

Beyond the top 10, Cambodia is home to several other wealthy individuals who have made significant contributions to the country’s economy. These include Sy Kong Triv, Kok An, Lao Meng Khin, and Yeay Phu, who have amassed their fortunes through diverse business interests ranging from agriculture to manufacturing and real estate.

Conclusion

The wealthiest individuals in Cambodia have not only accumulated substantial personal fortunes but have also played a pivotal role in shaping the country’s economic landscape. Through their diverse business interests and strategic investments, they have contributed to the growth and development of various sectors, from real estate and banking to agriculture and manufacturing. As Cambodia continues to grow, these tycoons will likely remain key figures in driving the country’s economic success.

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SOVANN
SOVANNExperienced
Asked: April 17, 2021In: Money

Why do people buy verified Facebook account or page in Cambodia?

In Cambodia both individuals and businesses are excited about a blue verified badge on their Facebook account or page. They want their Facebook account or pages be verified by Facebook; especially, those who are selling products online such as beauty ...Read more

In Cambodia both individuals and businesses are excited about a blue verified badge on their Facebook account or page. They want their Facebook account or pages be verified by Facebook; especially, those who are selling products online such as beauty & salon, health, sport & fitness, and now also vehicle loan services.

Why do people buy verified Facebook account or page in Cambodia?

Why do people buy verified Facebook account or page in Cambodia?

Online dealers thought that getting verified on Facebook proves to your potential customers and followers that you have a high status and that you’re reliable. They are shown through this blue verification sign that you are a dependable and authentic business that consumers can place their faith in.

Can I buy verified Facebook account or page?

Generally, yes, you can buy verified Facebook account or page but, there are a lot of apps, software and website that offer all the packages. You have to know that every company offers a verified Facebook account of different qualities. A verified Facebook account has the utmost security. These accounts have less possibility of being hacked as it already been verified. They use a phone verified accounts (PVA) created with a unique IP address. Facebook accounts (PVA) are safe to be used to promote your business without any restrictions, which means you can’t be blocked.

In Cambodia, some online dealers who are working tirelessly with their clients to boost products during Facebook live) are willing to buy a Facebook page with blue verified badge page from $1200 to  $6000. What is the deal of buying a verified Facebook page here in Cambodia? Well, let’s us elaborate how, where, and why they buy it as below:

Where do people are usually buying a Facebook verified page in Cambodia?

They buy it from Facebook groups and dealers who are living in Vietnam, India and western countries they trust. Here is the sample poster, the dealer is using to promote/sell blue tick verified faceook page on Facebook in Cambodia.

👉 Are you selling products online but no one is watching?
Blue Verify can help 😘
👉 This promotion is for the first 10 people only!
Join renting Blue Verify 140 $ / month
🗣Soly rent 600 $ / month
👉Blue verified Facebook page for sale
The price is only 2600 $!
🗣 Guaranteed from 1 month to 1 year (negotiable)
🗣 Offer free boat lessons

🗣Provide Facebook business page setup (for Business Owner)
🗣 Provide consultation service forever.
👉Available for sale: Khmer Facebook pages from 1k-100k likes
Contact us: xxxx
Telegram: xxxx

Sample poster of selling Verified Facebook page in Cambodia

Sample poster of selling Verified Facebook page in Cambodia

How they buy it in Cambodia?

Online dealers work with other local dealers who they can trust to buy it from because they can make a contract locally. The main clauses of contract of buying Facebook verified page stated clearly about years of guarantee and how the dealers can return the money if the blue verified badge page is gone or taken down by Facebook team.

Why do people buy a verified Facebook account or page in Cambodia?

For business, the online dealers found a good solution for them that a blue verified badge page has the special permission or feature from Facebook that allow the page owner/admin to boost during Facebook livestreaming while the normal account or page doesn’t have permission or feature to boost during Facebook live. The businessmen are willing to pay hundreds to thousands of US dollars per day for boosting during their Facebook live which is set up by online dealers (selling products such as motorcycle loans, beauty salon products, & bas & speakers) as they make a huge profits from Facebook boosting during live.

How do I request a verified badge on Facebook?

  1. Authentic: Represent a real person, registered business or entity.
  2. Unique: Be the only presence of this person or business. …
  3. Complete: Have an about section, Page or profile photo and recent activity, including at least one post.
  4. Notable: Represent a well-known, often searched person, brand or entity. More info, visit Facebook help center

In conclusion

Buying a Facebook verified badge page is not an ideal way of getting a long term business as Facebook team will spot the inappropriate verified page then will take it down as soon as they know that.

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Vanvutha Leang
Vanvutha LeangExperienced
Asked: February 11, 2021In: Money

What are the best businesses to start in Cambodia?

Starting a business in Cambodia consider as the right choice for a businessman to earn more profits and revenue due to many advantages, however, to which business to start remains miserable. Talking about the Cambodian economy, a market opportunity is rated ...Read more

Phnom Penh Capital, Cambodia

Phnom Penh Capital, Cambodia

Starting a business in Cambodia consider as the right choice for a businessman to earn more profits and revenue due to many advantages, however, to which business to start remains miserable.

Talking about the Cambodian economy, a market opportunity is rated in high number, made business people more convenience to choose which is best and suitable for the current situation in Cambodia.

There are numerous market opportunities out there that will make it hard to choose which one to start since the gap of those opportunities remains tight.

However, in this article, I will derive simple information for you in each business opportunity to make you clearly understand to which you would like before you decide to start a business in Cambodia.

1. Real Estate

Most people in Cambodia nowadays undoubtedly focus on investment in real estate since the sector provides a high chance of profit. The issue of choosing the right house to live in poses a threat of owning debt to most locals and foreigners in Cambodia.

Related: 7 Things to Consider Before Buying a House in Cambodia

Generally speaking, to which location has the potential for development, the chance of increasing the price of those properties will be high. The same case has happened to the properties in Cambodia and this case has made people buy a secondhand house or seeking a house that remains at a low price.

Real Estate Business in Cambodia

Real Estate Business in Cambodia

In Cambodia, people often buy a house, located in a good place with a low price and they can sell it to other owners at a high price, so they can earn easy profit for themselves. In addition to this, it’s not the only house that on the trending list, but also lands.

2. Investing in Agriculture

Most Cambodian people still practice the traditional method of producing products from agriculture, including using animals, like the ox, rather than tractors, led to a lack of supply and spend much amount of time as well.

Investing in Agriculture in Cambodia

Investing in Agriculture in Cambodia

Therefore, the investor should think about the possibility of huge profits to invest in the agriculture sector in various ways in Cambodia.

3. Beverage and Fast-Food Franchises

The franchise sector remains in small amounts in Cambodia which give investor or business owner big opportunity to invest their money into it.

Related: 7 Things to Consider Before Buying a House in Cambodia

There are only several most profitable franchisees out there in the world that make it possible to open in Cambodia, including 7-Eleven, Dunkin’, Planet Fitness, Taco Bell, and many more.

Beverage and Fast Food Franchises in Cambodia

Beverage and Fast Food Franchises in Cambodia

Just to notice, people in Cambodia love to spend their money on new things and trending things, so there will be worth thinking about those high probabilities of huge profit.

4. Transportation sectors

Cambodia is a developing country and most people don’t have their vehicle that brings them to long-distance, so invest in transportation is worth consideration for the investor.

In Cambodia, most taxi drivers, buses, and other private transportations remain in low standard to treat their customers. There are numerous complaints from customers to certain transportation service, including put people overcapacity, losing stuff, running slow, and so on so far.

Transportation sectors in Cambodia

Transportation sectors in Cambodia

However, there are also good transportation companies out there in Cambodia, but only a few companies that receive fewer complaints. So, it can indicate that the competition regarding this sector is low, but the profitable opportunity is high.

These four sectors are the opportunities for investors and business owners to decide which best and suitable for Cambodian society at present. The need for good business is to treat customers as their customers.

 

 

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Vanvutha Leang
Vanvutha LeangExperienced
Asked: April 6, 2021In: Money

How to Find a Job in Cambodia?

Seeking a job in Cambodia after you’ve arrived is much easier than finding one before you arrive. Many employers would not respond to CVs submitted from outside the country. If you’re looking for a high-paying job with a great expert ...Read more

Seeking a job in Cambodia after you’ve arrived is much easier than finding one before you arrive. Many employers would not respond to CVs submitted from outside the country. If you’re looking for a high-paying job with a great expert package, keep in mind that salary rates for in-country applicants are often lower than for those applying from outside the country. It’s not difficult to find work in Cambodia, particularly if you’re willing to be flexible.

1. Job Portal Sites / Recruitment Agencies

Getting a job in Cambodia is so easy! You can find a job in less than 30 seconds and be working in Cambodia within a week. Popular company websites like CamHR and Bong Thom Classifieds are excellent places to start. Job listings can also be found in English-language newspapers, which are especially useful for NGO workers. The Cambodia Daily is only available in print, while the Phnom Penh Post has a print and online edition with work listings. Top Recruitment and HR Inc. are two of the few headhunting companies operating in Cambodia. These are a safe bet if you’re looking for a career in the private sector. They still have a lot of NGO and growth opportunities, as well as consultancy opportunities. More info: https://bit.ly/3rN7EPa

2. Employers

Reliefweb Cambodia has work postings from various development organizations and the United Nations for those searching in the NGO and development sectors. Additional UN work can be found in the procurement portion of specific UN websites. Idealist also has a lot of work and internship opportunities in Cambodia. Phnom Penh Post Jobs: http://www.phnompenhpost.com/jobs.

Related: What is the most common job in Cambodia?

3. Networking/ Facebook Jobs / Linkedin Jobs

However, networking with other experts is the most productive way to find work in Cambodia. Despite the fact that the experts’ population is growing by the day, it is still small enough that seeking a job the old-fashioned way–through someone you know–isn’t too difficult. In Phnom Penh, in particular, there are numerous opportunities for networking. Many networking events in the capital can lead to job opportunities throughout the region. May recruitment agencies are actively recruiting staff on Linkedin Jobs and Facebook Jobs. You can create a professional profiles there and start the conversation with those recruitment agencies, the more you have good relationship with them the more chance you will land a job. You can find jobs on LinkedIn by exploring the job listings. You can also use LinkedIn to find a job by connecting with recruiters.  If you’re looking for a job in Cambodia, you can find all the opportunities on LinkedIn. Browse jobs by industry, company, or keywords to find your ideal job.

How to Find a Job in Cambodia

How to Find a Job in Cambodia

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