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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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Vanvutha Leang
Vanvutha LeangExperienced
Asked: March 30, 2021In: Money

What is the situation of International tourists in Cambodia in 2020?

In 2020, the number of international foreigners tourists to Cambodia has declined 80 percent 2020 while it reaches only 1.306 million, according to the report from the Ministry of Tourism of Cambodia. In 2020, China, Thailand, and Vietnam were the ...Read more

In 2020, the number of international foreigners tourists to Cambodia has declined 80 percent 2020 while it reaches only 1.306 million, according to the report from the Ministry of Tourism of Cambodia. In 2020, China, Thailand, and Vietnam were the top three sources of international visitors to Cambodia, accounting for 55 percent of total arrivals. Chinese arrivals were down 86 percent, Thai visits were down 55 percent, and Vietnamese arrivals were down 80 percent year over year, according to the ministry. Cambodian outbound travel is expected to drop to 326,199 departures in 2020, according to the report.

With 329,673 visitors, Chinese tourists topped the list of arrivals by nationality. Thailand came in second with 210,876 people, followed by Vietnam with 182,199. The United States came in second with 55,973, followed by Korea (Republic of Korea) with 55,935. With 44,784 visitors, the United Kingdom came in first, followed by France with 43,174 visitors. There were 41,257 Japanese tourists, 34,352 visitors from Laos, and 27,280 visitors from Germany.

Related: Tourism Industry in Cambodia Is Heavily Impacted By Covid19 Virus

With the diversification of new tourism products and the enhancing of the growth of well-known tourism zones, the government has released a special tourist policy aimed at reviving and promoting the inclusive development of the socio-economic situation through the tourism industry.

Special tourist groups include special package tourists, business tourists, second home-tourists, senior foreign visitors (older or retired people with money and resources), and other government-defined types of tourists.

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Angkor Times
Angkor TimesExperienced
Asked: March 3, 2026In: Money

Fuel Prices Climb as Global Tensions Rise: Fuel Prices Rising in Cambodia What Should You Do Now?

Middle East Conflict Pushes Global Oil Prices Higher Cambodia is bracing for a possible 13 percent increase in fuel prices as global oil markets react to escalating conflict in the Middle East. Military attacks involving Iran, Israel and the United ...Read more

Middle East Conflict Pushes Global Oil Prices Higher

Cambodia is bracing for a possible 13 percent increase in fuel prices as global oil markets react to escalating conflict in the Middle East. Military attacks involving Iran, Israel and the United States, along with disruptions to the Strait of Hormuz, have sent shockwaves through energy markets. According to the BBC, oil prices jumped by 10 percent to 82 US dollars per barrel on Monday after missile launches across the region that began over the weekend. Iran has since blocked vessels from transporting or travelling via the Strait of Hormuz, a strategic waterway responsible for delivering about 20 percent of the world’s oil and gas supply. At least three ships were attacked near the straits, further intensifying concerns about supply disruptions.

Fuel Prices Climb as Global Tensions Rise Fuel Prices Rising in Cambodia What Should You Do Now?

Cambodia Faces a 13 Percent Fuel Price Increase

Analysts warn that these global developments will directly impact Cambodia, which relies entirely on imported fossil fuels. A projected 13 percent increase would push gasoline prices up by around 500 riel per litre, raising the cost from the current 3,850 riel to approximately 4,350 riel per litre. The increase is expected to take effect once existing fuel stocks run out and new shipments arrive at higher international prices. As Cambodia does not produce oil domestically, it remains highly exposed to external price shocks and supply chain disruptions.

Temporary Relief Measures and Government Intervention

Kampuchea Tela confirmed that gasoline prices at its stations are determined by international market rates. However, to ease the burden on citizens, Prime Minister Hun Manet ordered the continued reduction of retail gasoline prices by 6.5 US cents per litre or 250 riel per litre. As a result, gasoline prices at Tela stations are set to remain at 3,850 riel per litre, equivalent to 0.96 US dollars per litre, between March 1 and 10, 2026. The company noted on its Facebook page that prices could increase once current inventories are depleted. This temporary buffer provides short term relief, but it does not eliminate the risk of future price hikes.

Experts Warn of Prolonged Impact

Chey Tech, a socio economic analyst, explained that the conflicts in the Middle East as well as the ongoing war between Ukraine and Russia are placing immense pressure on global energy supply chains. “The Strait of Hormuz, which is a transit point for about 20 percent of the world’s oil, has been cut off by Iran. As a result, global oil prices are rising between 10 and 13 percent, which will clearly affect Cambodia,” he said. He cautioned that if the conflict drags on, fuel prices could reach an “unimaginable cost”. He also stressed that Cambodia should prepare for multiple scenarios given global uncertainties.

Royal Academy of Cambodia economics researcher Ky Sereyvath shared similar concerns. He noted that while the government’s use of existing fuel stocks helps stabilize prices in the short term, this strategy has limits. “The utilisation of the existing stock to maintain the stability of gasoline prices is a good thing as it does not result in citizens spending more on gasoline. [But] if the stock is running out and the war in the Middle East [continues], we will not be able to keep the same price. Therefore, we have to be prepared for the sharp increase in gasoline prices in the future,” he told Kiripost.

What Businesses and Cambodians Should Do Now?

With fuel costs likely to rise, businesses and households must take proactive steps to manage expenses. Companies that depend heavily on transportation and logistics should review their cost structures, improve fuel efficiency, and consider adjusting pricing strategies carefully to avoid sudden shocks to customers. Diversifying suppliers and optimizing delivery routes can help reduce fuel consumption. For ordinary Cambodians, reducing unnecessary travel, carpooling, maintaining vehicles properly, and planning fuel purchases wisely can make a meaningful difference. Businesses may also explore alternative energy options where feasible, such as solar power, to offset rising operational costs. On a broader level, Cambodia can strengthen fuel reserves, enhance supply chain resilience, and accelerate renewable energy development to reduce long term vulnerability to global oil volatility.

Conclusion

The anticipated rise in fuel prices highlights how closely Cambodia’s economy is tied to global events. As tensions in the Middle East disrupt major oil transportation routes, the ripple effects are being felt far beyond the region. While temporary government measures offer short term stability, both businesses and individuals must prepare for potential increases once current fuel stocks are exhausted. Careful planning, improved efficiency, and strategic policy responses will be essential to weather this period of uncertainty and protect livelihoods in the months ahead.

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Angkor Times
Angkor TimesExperienced
Asked: January 31, 2022In: Money

As a business owner, should I learn everything to be able to run my business?

As a business owner, should I learn everything to be able to run my business? Of course, before starting your own business, you need to possess some important skills to avoid risk when starting a business such as how to manage ...Read more

As a business owner, should I learn everything to be able to run my business?

Of course, before starting your own business, you need to possess some important skills to avoid risk when starting a business such as how to manage staff, manage cash in the business and many other skills.

However, Kim Sambath, CEO of DRSB Express, a founder of oversea purchasing services, packaging, and fast delivery service from oversea company that shares his extensive experience said that when a business starts strong and is running, if you lack any skills in running it, you do not have to spend time learning skills instead you can hire some staff to work for you.

Should I learn everything to be able to run my business
Should I learn everything to be able to run my business?

He added that when a company operates for three to four years and is doing well, if you lack any skills in running a business, you need to find an expert to fill the gaps that you are lacking. For example, if you do not have financial skills, you can hire a financial expert to do this job in your company.

Hiring professionals to do this, he stressed that if we gather a good team and a lot of experts, your business will be more than 50% successful and should be combined with additional marketing, your business will grow faster.

 He also revealed that when your business is running well and you to learn the skills you feel you lack, it’s just waste time. On the other hand, you do not have time to learn additional skills because you are busy with a lot of work in operating the company you are in.

Mr. Kim Sambath also advised business owners that in order to avoid cash flow problems in business, you need to have a reasonable capital of at least 10% of cash flow for business operations, especially for businesses that deal with cash.

DRSB EXPRESS is a well-established company based in Phnom Penh, providing cost-effective oversea purchasing services, packaging, and fast delivery service from oversea as well as in Cambodia.

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Angkor Times
Angkor TimesExperienced
Asked: February 7, 2025In: Money

What Opportunities Does Khmer Enterprise Offer for Your Business Expansion?

What is Khmer Enterprise? Why Should Entrepreneurs Engage with Khmer Enterprise for Growth and Success? Cambodia’s entrepreneurial ecosystem has witnessed significant growth in recent years, with various initiatives aimed at fostering innovation, business development, and investment. One of the leading ...Read more

What is Khmer Enterprise? Why Should Entrepreneurs Engage with Khmer Enterprise for Growth and Success?

Cambodia’s entrepreneurial ecosystem has witnessed significant growth in recent years, with various initiatives aimed at fostering innovation, business development, and investment. One of the leading institutions spearheading this transformation is Khmer Enterprise (KE). Established as a trusted fund under the Royal Government of Cambodia, KE plays a pivotal role in mobilizing, investing, and managing resources to support entrepreneurs, innovative startups, SMEs, and partner institutions. But what exactly is Khmer Enterprise, and why should you engage with it? Let’s explore.

What Opportunities Does Khmer Enterprise Offer for Your Business Expansion?
What Opportunities Does Khmer Enterprise Offer for Your Business Expansion?

Understanding Khmer Enterprise

Khmer Enterprise functions as a catalyst for business growth, aiming to drive innovation, value-added creation, and economic expansion in Cambodia. By providing financial and non-financial support, KE nurtures a vibrant entrepreneurial ecosystem. The organization collaborates directly with various stakeholders, including startups, SMEs, and investors, to enhance Cambodia’s business environment.

Key Insights from Khmer Enterprise’s 2024 Performance and 2025 Growth Strategy

  1. Strong Performance in 2024
    • Khmer Enterprise (KE) successfully supported Cambodia’s entrepreneurial ecosystem through financial and technical assistance.
    • Provided funding to 907 grant recipients under the Khmer Enterprise Assistance Package and SME Fundraising Programme.
    • Helped SMEs secure $25.2 million in investments and $12.3 million in loans since 2020.
  2. Strategic Vision for 2025
    • KE aims to expand its role in the global market, equipping entrepreneurs with resources and skills to compete internationally.
    • Focus on strengthening collaborations with local and international partners to enhance Cambodia’s entrepreneurial landscape.
    • KE will act as a catalyst, promoter, and facilitator in developing key sub-sectors of the economy.
  3. Board of Trustees’ Commitment
    • The Board, chaired by Minister Hem Vanndy, reaffirmed its commitment to supporting business growth and innovation.
    • KE will continue to foster partnerships with development agencies and stakeholders to build a resilient and inclusive entrepreneurial ecosystem.​ Source: Khmer Times

Key Areas of Focus

Khmer Enterprise supports businesses across several high-priority sectors:

1. ICT (Information Communication Technology)

Technology is rapidly shaping modern economies, and KE ensures that Cambodia remains competitive in the digital era. The organization provides essential support in three major areas:

Technology Startups

  • Introduction of new technological products and services to the market
  • Enhancement of existing technological solutions
  • Integration of technology into traditional businesses

SMEs Digital Transformation

  • Support in inventory, accounting, HR, and payroll
  • Assistance with legal obligations, including business registration and tax compliance
  • Enhancement of media presence and branding

Digital Environment Development

  • Development of human resources and digital literacy
  • Expansion of network coverage and cybersecurity measures

2. Service Sector

Cambodia’s economy thrives on its service industry, and KE extends its support to sub-sectors like tourism, hospitality, and logistics:

Tourism

  • Support for souvenir and handicraft businesses
  • Development of diversified tourism experiences
  • Enhancement of tourist services and trip planning

Hospitality

  • Investment in accommodation, food & beverage, and entertainment

Logistics

  • Assistance for last-mile delivery services
  • Improvement of storage, warehousing, and physical address infrastructure

3. Agriculture

As a primarily agrarian economy, Cambodia’s agriculture sector benefits significantly from KE’s programs, particularly in:

Productivity

  • Adoption of Agritech solutions
  • Promotion of innovative farming techniques
  • Compliance with legal regulations

Agro-Processing

  • Guidance on processing licenses and regulations
  • Support for labeling, packaging, and marketing

Market Expansion

  • Encouragement of local consumption
  • Promotion of regional and international exports

4. Manufacturing

KE’s support for Cambodia’s manufacturing sector focuses on two main strategies:

Import Substitution

  • Promotion of locally made products
  • Strengthening of supply chains for foreign direct investment (FDI) firms
  • Encouragement of local substitute products

Industrial and SME Clusters

  • Interlinking SMEs within the local economy
  • Connecting SMEs to broader supply chains

Core Programs of Khmer Enterprise

To achieve its objectives, KE runs several strategic programs:

1. Capacity Upgrading

  • Entrepreneurial and management skills development
  • Productivity solutions for businesses
  • Mentoring, market readiness activities, and business legalization
  • Access to co-working spaces and networking events

2. Entrepreneurial Culture Promotion

  • Development of entrepreneurial content through newspapers, radio, TV, and online platforms
  • Organization of entrepreneurship events and training programs
  • Public outreach to schools and universities

3. Networking & Partnerships

  • Connection with startup communities and investors
  • Development of venture capital networks
  • Cooperation with national and international organizations
  • Attraction of new investors and business partners

4. Seed Funding

Khmer Enterprise provides seed funding to help startups and SMEs scale their businesses. The funding operates through grants and co-investments and is divided into three stages:

  • Committing Stage – Initial idea validation
  • Validating Stage – Prototyping and early market testing
  • Scaling Stage – Expanding operations and attracting large-scale investments

Why Engage with Khmer Enterprise?

1. Access to Financial Support

KE provides financial backing in the form of grants and investment opportunities, making it easier for startups to secure early-stage funding.

2. Business Growth & Innovation

By engaging with KE, entrepreneurs can access training, mentorship, and networking opportunities that foster innovation and business expansion.

3. Market Entry & Global Expansion

KE helps startups connect with investors, venture capitalists, and business partners, making it easier to scale operations locally and internationally.

4. Regulatory & Legal Compliance

Navigating legal and regulatory requirements can be complex. KE offers support in business registration, tax compliance, and standard accreditation to ensure smooth operations.

5. Access to Industry Experts & Mentors

Engaging with KE provides businesses with access to industry experts and experienced mentors, crucial for sustainable growth.

Vision & Mission of Khmer Enterprise

Vision: To become Cambodia’s national platform for entrepreneurial support and development.

Mission

  • Build a synergized entrepreneurial ecosystem
  • Provide financial and non-financial support to startups and SMEs
  • Stimulate growth in key economic sectors
  • Encourage local and international investment in Cambodia’s entrepreneurial ecosystem

How to Get Involved with Khmer Enterprise

If you are an entrepreneur, startup founder, SME owner, or investor, you can connect with Khmer Enterprise through the following channels:

Contact Information

📞 Phone: 023 900 855
📧 Email: [email protected]
🌐 Website: khmerenterprise.info
📍 Address: Business Development Center (BDC) Building, 9th Floor, OCIC Blvd., Sangkat Chroy Changvar, Khan Chroy Changvar, Phnom Penh, Cambodia 121001

Conclusion

Khmer Enterprise is a game-changer in Cambodia’s entrepreneurial and business landscape. By supporting startups, SMEs, and large-scale businesses through financial, technical, and regulatory assistance, KE is shaping the future of Cambodia’s economy. Engaging with Khmer Enterprise can open up numerous opportunities for business growth, investment, and regional and international market expansion. Whether you are a startup founder, SME owner, or investor, Khmer Enterprise provides a powerful platform for success in Cambodia’s thriving business environment.


References & Sources

  1. Khmer Enterprise Official Website
  2. Cambodia’s Ministry of Economy and Finance
  3. Startup Cambodia – Khmer Enterprise Initiatives
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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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