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.

Angkor Times Latest Questions

SOVANN
SOVANNExperienced
Asked: April 10, 2021In:

YouTube is a search engine. It’s not just a social platform. So if you want to get more YouTube views, optimize your videos for search! Do your research, and improve your video’s search ranking with the latest SEO tips! When your ideal ...Read more

YouTube is a search engine. It’s not just a social platform. So if you want to get more YouTube views, optimize your videos for search! Do your research, and improve your video’s search ranking with the latest SEO tips!

When your ideal viewer types in your chosen keywords, you want your video ranking near the top of YouTube’s results list. That means you need to know what kind of videos they enjoy: tutorials, inspiration, or entertainment.

Ranking in search results is the best way to get brand new eyes—not just subscribers and people who are already interested in your channel (although we’ll talk more about them later)—on your videos.

Promote Videos To Your Audience

You already know that YouTube is the world’s second-largest search engine.

But that doesn’t mean you can just upload a bunch of optimized videos and expect to rank.

Just like with blog content, you need to give your YouTube videos a little “push” to get going.

That push can include sharing clips of your video on social media.

Turn Viewers Into Subscribers

The steps that I outlined so far should help you get more views.

But views is only one part of growing your YouTube channel.

One of the best ways to get more subscribers is to add a subscribe button to your End Screen.

Instant Views is nothing but a web-based platform known as a YouTube Promotion platform. This platform was established in the year 2016, and has become one of the best platforms for the YouTube Channel Owners. This platform is there to promote your YouTube videos and attract new subscribers. It’s currently the best YouTube Video promoters on the web-world.

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Angkor Times
Angkor TimesExperienced
Asked: December 14, 2020In:

Sounds like an interesting business, but more importantly, you need capital to do it. The most important thing you can do when setting up a startup is to set clear expenses. Such as office supplies, legal expenses, salaries and many ...Read more

Sounds like an interesting business, but more importantly, you need capital to do it. The most important thing you can do when setting up a startup is to set clear expenses. Such as office supplies, legal expenses, salaries and many other expenses.

If you are thinking of starting a new business, you may not know where to start with your finances. Here are some tips to help you figure out how much capital you need to start a startup and how can you get capital.

1. Start from small to large

You may have high expectations that your business will have potential in the future. After all, dark optimism can make you invest a lot of money in a hurry. You need to remember that in the beginning you have to look far and be ready to see what happens next. You do not see. Do not overestimate the value of your business idea and forget about other issues. Therefore, you should not be in too much of a hurry. Start it slowly from small to large. Start as a test, if it works, it means your business is moving forward.

2. Evaluate your expenses

The cost for creating each startup is not the same. There is no standard formula that can determine whether this type of business or that type requires capital only. However, according to Wasabi Publicity, each startup owner should have money for a fixed cost for six months.

When planning your expenses, do not underestimate your expenses and keep in mind that expenses will increase as your business grows. Yours is growing. You can easily overlook your expenses when thinking about the big picture, but you need to be clear about this. When planning your Fixed Expenses.

One of the reasons small businesses or startups fail is because they run out of money. They can afford to spend the first two or three months, but they can not afford to spend the next month. Therefore, writing a business plan without making accurate predictions or evaluations in advance is often done. Give your business a high risk.

3. Understand each type of expense you need to have

You need to understand the various costs when creating an early startup. You need to differentiate between those expenses to manage the cash flow in your business properly. For the short term and the long term ahead. For startups, you should understand the following types of expenses:

A. Essential vs. optional costs

Cost-effective is one of the expenses you must make for your company to grow and develop. Unnecessary expenses can also be made if there is money to allow for expenses. This type of cost you can pay or not pay.

B. Fixed vs Variable Costs

Fixed costs such as rent and staff salaries often do not change from month to month. The variable cost, on the other hand, varies depending on the direct selling of the product or service. Fixed costs seem like a lot compared to your income for the first few months, but if your sales Growing up, it is no longer your problem.

C. Other costs that a startup should generally have

After understanding the above types of costs, all Startup owners can come to a brief understanding of Some of the costs it faces are as follows:

  • Web Hosting and Other Costs on Website Creation
  • Rent a building or office
  • Furniture and accessories
  • Salary
  • Basic Supplies for Office
  • Basic Technology system or software
  • Insurance, license and legal
  • Advertising & promotion
  • Business plan costs.

4. Predict your cash flow

Another important part of a startup’s financial plan is forecasting your cash flow. You need to anticipate it at least in the first three months of your business life. This forecast is not only based on fixed costs (Fixed Expenses), but also on the cost of goods and revenue and bad expenses.

How Much Money Do You Need to Start a Startup Business?

How Much Money Do You Need to Start a Startup Business?

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Angkor Times
Angkor TimesExperienced
Asked: December 24, 2024In:

Cambodia’s Investment Trends in 2024: A Promising Outlook As Cambodia steps confidently into 2024, the nation’s investment landscape is flourishing with potential, marked by significant growth trends and strategic reforms. This optimism was reinforced by Sun Chanthol, Deputy Prime Minister ...Read more

Cambodia’s Investment Trends in 2024: A Promising Outlook

As Cambodia steps confidently into 2024, the nation’s investment landscape is flourishing with potential, marked by significant growth trends and strategic reforms. This optimism was reinforced by Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), during a recent meeting of the Coordinating Committee for the Government-Private Sector Forum (G-PSF) in Phnom Penh.

Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC)
Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC) addresses a meeting of the Coordinating Committee for the Government-Private Sector Forum (G-PSF) in Phnom Penh, on Thursday. CDC

A Productive Dialogue for Investment Enhancement

The meeting, held on Thursday and attended by representatives from various ministries, the G-PSF members, and the Cambodia Chamber of Commerce (CCC), aimed to review and strengthen the dialogue mechanisms between the public and private sectors. According to a press release from the CDC, the gathering assessed the progress of the CDC’s work under the G-PSF mechanism, identifying challenges and proposing improvements.

Deputy Prime Minister Chanthol emphasized the importance of these discussions, noting their role in enhancing Cambodia’s business and investment environment. He underscored the “sharp reform measures” introduced during the 19th G-PSF and discussed the expanded responsibilities of the Coordinating Committee.

“Cambodia’s investment climate is experiencing significant growth in 2024, with positive opportunities and trends anticipated for the coming years,” Chanthol stated, highlighting the country’s proactive measures to foster investment.

The cdcIPM System: A New Era for Investment Management

One of the standout developments in 2024 is the preparation and launch of the CDC Investment Project Management (cdcIPM) system. This advanced system aims to attract foreign investors and facilitate the maintenance of investments through streamlined processes and an effective government-private sector dialogue framework. By leveraging technology, Cambodia positions itself as a more accessible and investment-friendly destination.

Key Drivers of Investment Growth

According to Lim Heng, Vice President of the CCC, several factors contribute to Cambodia’s positive investment trends. “Economic growth, political stability, and peace are the bedrock of investor confidence in Cambodia,” Heng told the Khmer Times. These elements, coupled with the recently enacted Cambodia Investment Law, create a supportive and attractive investment environment.

Additionally, Cambodia’s strategic partnerships and agreements with influential global players like China, South Korea, and the United Arab Emirates under the Regional Comprehensive Economic Partnership (RCEP) framework further boost its appeal. “Countries with unstable conditions, such as Bangladesh and Myanmar, are prompting investors to consider Cambodia as a reliable alternative,” Heng noted.

Leveraging Global Trade Dynamics

The ongoing trade tensions between the US and China offer another opportunity for Cambodia. As both nations impose higher tariffs on each other’s goods, Cambodia’s open investment policies can position it as an intermediary for exports to both markets. This strategic advantage is poised to attract new investors looking to mitigate risks associated with geopolitical conflicts.

Infrastructure Developments Bolstering Confidence

Infrastructure plays a pivotal role in shaping the investment climate, and Cambodia is making significant strides in this area. Major projects such as new airports, shipping ports, and enhanced transport links are creating a robust framework for facilitating trade and investment. “In the years ahead, we anticipate the investment climate will continue to improve due to these critical infrastructure projects,” Heng said, emphasizing their importance for connecting with regional and international markets.

Impressive Growth Statistics

A CDC report revealed that Cambodia approved 414 investment projects in 2024, a notable increase of 54% compared to the 268 projects approved in 2023. This surge signifies the growing confidence among investors and highlights the country’s potential as a burgeoning investment hub.

Challenges and the Path Forward

Despite the positive outlook, the private sector has voiced concerns and proposals to enhance the effectiveness of the G-PSF mechanism. The CCC representatives highlighted the need for more frequent and structured meetings between private sector stakeholders and government working groups across the 16 designated sectors.

A Future of Opportunity

The trends observed in 2024 signal a bright future for Cambodia’s investment environment. The combination of political stability, economic growth, strategic reforms, and infrastructure development sets the stage for continued prosperity. With tools like the cdcIPM system and an open dialogue through the G-PSF, Cambodia is well-positioned to attract diverse investments and strengthen its economic footprint.

Investors and stakeholders are encouraged to keep an eye on Cambodia’s evolving market, as the nation continues to build on its strong foundation to deliver sustainable growth and opportunities in the years to come.

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SOVANN
SOVANNExperienced
Asked: April 15, 2021In:

How can Cambodian People Make a Living During Coronavirus? Here are how Cambodian people are making a living during covid19 pandemic. 1. Food Stores and Restaurants Selling food is a hot business in Cambodia. During the covid19 pandemic, some areas in Cambodia ...Read more

How can Cambodian People Make a Living During Coronavirus? Here are how Cambodian people are making a living during covid19 pandemic.

1. Food Stores and Restaurants

Selling food is a hot business in Cambodia. During the covid19 pandemic, some areas in Cambodia were locked down for at least 14 days followed by the law and ministry of health. People are likely to stay at home ordering food. Both small, medium, and big restaurant and food stores were closed their shops, yet they are allowed to sell food online. The restaurants and food shops connected to the delivery service companies delivering their food to customers every day. This how the food store and restaurant they are making money.

2. Grocery Stores

Small Grocery Stores are allowed to sell as usual, but they are acquired to follow the Ministry of health and local authorities’ procedures to sell those grocery products to their customers.

3. Social Media Influencers

Social media influencers such as Facebook gamers, inspirational speakers, YouTuber, and other internet marketers are making money from their channels as usual, but the income is decreased comparing to the normal day or year without coronavirus affection.

4. Civil servants

Civil servants are the government staff. They have monthly salary as usual. They are low risk then other people in term of financial issue as they are the civil servants.

5. Corporate businesses

Some businesses were closed such as Factories, hotels, guesthouses, ..etc. People who are working for tourism sector are the most affected people. All staff who were working there were resigned and looked for a new opportunity while some other remain no job, yet they return to stay at homeland to escape from covd19.

6. Non-Profits Organizations

Some organizations have been reduced staffs as they don’t have more fund to support the projects ‘activities while some other organizations are still remaining active working online. Therefore, those staffs who are working for the organizations are still receiving payment as usual.

How can Cambodian People Make a Living During Coronavirus

How can Cambodian People Make a Living During Coronavirus?

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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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