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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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Angkor Times
Angkor TimesExperienced
Asked: March 19, 2025In: Money

Are You Eligible to Make Money on TikTok in Cambodia? Check These Requirements!

As of March 19, 2025, TikTok has officially expanded its monetization programs to include Cambodia, offering local content creators new avenues to earn income directly through the platform. This development was announced by His Excellency Dr. Chea Vandet, Minister of ...Read more

As of March 19, 2025, TikTok has officially expanded its monetization programs to include Cambodia, offering local content creators new avenues to earn income directly through the platform. This development was announced by His Excellency Dr. Chea Vandet, Minister of Posts and Telecommunications, during a Workshop on TikTok Community and Online Safety in Cambodia. This move aligns Cambodia with other regions where TikTok’s Creator Subscriptoin program is active, reflecting the platform’s recognition of the country’s growing digital content landscape.

Can You Really Make Money with TikTok in Cambodia?
Can You Really Make Money with TikTok in Cambodia?
Workshop on TikTok Community and Online Safety in Cambodia
Workshop on TikTok Community and Online Safety in Cambodia

Understanding TikTok’s Monetization Opportunities

TikTok provides several monetization options for creators, with the primary program being the TikTok Creator Rewards Program (formerly known as the Creator Fund), but is not available in Cambodia yet. This program compensates creators based on the performance of their content, considering factors such as video views, engagement, and adherence to community guidelines. Newsroom | TikTok

Eligibility Criteria for Cambodian Creators

To participate in the TikTok Creator Subscription Program in Cambodia, creators must meet the following criteria:

  1. Age Requirement: Creators must be at least 18 years old.
  2. Follower Count: A minimum of 10,000 followers is required.
  3. Recent Video Views: Creators must have accumulated at least 100,000 video views in the last 30 days.
  4. Account Compliance: The TikTok account should comply with the platform’s Community Guidelines and terms of service.
  5. Country of Residence: Creators must reside in a country where the Creator Rewards Program is available, which now includes Cambodia.

These criteria ensure that participating creators have an established and engaged audience, aligning with TikTok’s commitment to promoting quality content.

TikTok Monetization in Cambodia
TikTok Monetization in Cambodia

Application Process

Eligible creators can apply for the Creator Subscription Program directly through the TikTok app by accessing their pro or creator account settings. The application process involves providing necessary information and agreeing to the program’s terms. Once approved, creators can start earning based on their content’s performance.

TikTok Monetization Cambodia
TikTok Monetization Cambodia

Additional Monetization Features

Beyond the Creator Subscription Program, TikTok offers other monetization features that Cambodian creators can leverage:

  • TikTok Creator Marketplace: This platform facilitates collaborations between creators and brands for sponsored content opportunities. TikTok Help Center
  • Video Gifts and LIVE Gifts: Followers can send virtual gifts during live streams or on regular videos, which creators can convert into monetary earnings. TikTok Help Center
  • TikTok Series: A feature that allows creators to offer collections of premium content that viewers can purchase for access. TikTok Help Center

Implications for Cambodian Content Creators

The inclusion of Cambodia in TikTok’s monetization programs signifies a substantial opportunity for local creators to transform their passion into a sustainable career. With approximately 10 million TikTok users in Cambodia, creators have access to a vast and diverse audience. This development not only empowers individual creators but also contributes to the growth of the digital economy in Cambodia.

Monetization for Tiktok Subscription
Monetization for Tiktok Subscription

Best Practices for Successful Monetization

To maximize earning potential on TikTok, Cambodian creators should consider the following best practices:

  1. Consistent Content Creation: Regularly posting high-quality and engaging content helps maintain audience interest and boosts visibility.
  2. Engagement with Followers: Interacting with the audience through comments, live sessions, and personalized content fosters a loyal community.
  3. Staying Informed: Keeping up-to-date with TikTok’s latest features, trends, and guidelines ensures compliance and leverages new opportunities.
  4. Collaborations: Partnering with other creators or brands can expand reach and introduce content to new audiences.
  5. Adherence to Guidelines: Strictly following TikTok’s Community Guidelines is crucial to maintain account standing and eligibility for monetization programs.

Conclusion

The expansion of TikTok’s monetization programs to Cambodia marks a significant milestone for the country’s digital content creators. By meeting the eligibility requirements and adhering to best practices, Cambodian creators can now effectively monetize their content, turning creativity into a viable source of income. This development not only enriches the local content ecosystem but also positions Cambodia as an active participant in the global digital economy.

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Angkor Times
Angkor TimesExperienced
Asked: February 18, 2025In: Money

How Does UBE Snuol SEZ Benefit Local Communities and Businesses?

Special Economic Zones (SEZs) have become pivotal in Cambodia’s economic landscape, serving as catalysts for industrial growth, foreign investment, and regional development. Among these, the UBE Snuol SEZ in Kratie province stands out for its strategic initiatives and substantial contributions ...Read more

Special Economic Zones (SEZs) have become pivotal in Cambodia’s economic landscape, serving as catalysts for industrial growth, foreign investment, and regional development. Among these, the UBE Snuol SEZ in Kratie province stands out for its strategic initiatives and substantial contributions to both the national and local economies.

UBE Snuol SEZ in Kratie Province

Introduction to Special Economic Zones in Cambodia

SEZs are designated areas within a country that operate under distinct economic regulations, differing from the rest of the nation. These zones are established to attract foreign direct investment (FDI), boost exports, and stimulate economic development by offering incentives such as tax breaks, streamlined customs procedures, and superior infrastructure.

In Cambodia, the SEZ framework was officially adopted in 2005, with implementation commencing in 2006. The primary objective was to create an investment-friendly environment that could propel the country’s industrialization and economic diversification. Over the years, SEZs have become instrumental in transforming Cambodia’s economic landscape, shifting from an agrarian-based economy to a more industrial and export-oriented one.

The Growth of SEZs and Their Economic Impact

The proliferation of SEZs in Cambodia has been remarkable. As of the first semester of 2024, the country boasts 26 operational SEZs, housing 745 investment projects with a cumulative investment capital of approximately $8.9 billion. These zones collectively employ over 180,000 individuals, underscoring their significance in job creation and economic stimulation.

The largest among these is the Sihanoukville Special Economic Zone (SSEZ), strategically located in Sihanoukville province. The SSEZ has attracted a diverse range of industries, from manufacturing to logistics, and serves as a vital hub for trade and investment, significantly contributing to Cambodia’s GDP and export earnings.

Spotlight on UBE Snuol SEZ

The UBE Snuol SEZ, situated in Snuol district, Kratie province, is a testament to Cambodia’s strategic efforts to decentralize industrial development and promote regional growth. Established by Sub-decree No. 131, this SEZ encompasses an area of 817.80 hectares.

About UBE Snuol SEZ: A strategically located Special Economic Zone in Snuol district, Kratie province, aimed at boosting industrial growth, foreign investment, and regional development.

Developers: Developed by Zhongqi Holding Group, a major Chinese conglomerate, responsible for infrastructure and investment attraction.

Development timeline: The SEZ was established under Sub-decree No. 131, with development efforts accelerating in recent years, particularly with the launch of key industries like the Newbustar tire factory in May 2023.

Total investment: The SEZ has attracted investments worth $1.1 billion, with $120 million allocated for infrastructure development.

Total size: Spans an area of 817.80 hectares, making it one of the key industrial zones in Cambodia.

Location: Positioned just 1.5 km from Cambodia’s international land port with Vietnam and 160 km from Ho Chi Minh Port, providing significant logistical advantages.

Jobs created: Approximately 2,000 jobs, with 90% of the workforce being Cambodian nationals, contributing to local economic growth.

Development and Investment

The development of the UBE Snuol SEZ has been spearheaded by Zhongqi Holding Group, a prominent Chinese conglomerate. Since its inception, the zone has attracted 14 companies, collectively investing $1.1 billion. The infrastructure development within the SEZ has seen an investment of approximately $120 million, encompassing the construction of roads, a tap water supply system, a sewage treatment facility, and 230 building material stations.

A significant milestone for the UBE Snuol SEZ was the inauguration of Newbustar (Cambodia) Tire Co., Ltd., Cambodia’s first-ever tire manufacturing plant. With an investment of $140 million, this facility spans 40 hectares and boasts an annual production capacity of up to 8.5 million tires. The plant commenced operations in May 2023 and has been pivotal in enhancing the industrial profile of Kratie province.

Strategic Location

The UBE Snuol SEZ’s strategic location is a cornerstone of its success. Positioned just 1.5 kilometers from Cambodia’s international land port with Vietnam and approximately 160 kilometers from Ho Chi Minh Port, the SEZ offers unparalleled logistical advantages. This proximity facilitates seamless cross-border trade, reduces transportation costs, and enhances the competitiveness of businesses operating within the zone.

Economic Implications

National Economy: The UBE Snuol SEZ aligns with Cambodia’s broader economic objectives by attracting substantial FDI, diversifying industrial output, and boosting export revenues. The presence of manufacturing giants, such as Newbustar, not only elevates Cambodia’s industrial capabilities but also positions the country as a competitive player in the regional manufacturing sector.

Kratie Province Economy: Historically, Kratie province has been predominantly agrarian. The establishment of the UBE Snuol SEZ has been transformative, introducing industrial activities that have diversified the local economy. The influx of investment has spurred the growth of ancillary industries, improved infrastructure, and increased the province’s economic output.

Local Community: The SEZ has been a boon for the local populace, generating approximately 2,000 jobs, with 90% of the workforce comprising Cambodian nationals. Salaries within the SEZ range from $300 to over $1,000 per month, providing a significant uplift in living standards for many families. Moreover, the zone’s developers have collaborated with local authorities and educational institutions to offer specialized training programs, enhancing the skill sets of the local workforce and ensuring a steady supply of qualified personnel for the industries within the SEZ.

Conclusion

The UBE Snuol SEZ exemplifies the transformative potential of strategic economic planning and investment. By leveraging its strategic location, robust infrastructure, and supportive governmental policies, the SEZ has not only attracted significant foreign investment but has also catalyzed economic development in Kratie province and beyond.

As Cambodia continues its journey toward industrialization and economic diversification, the success of the UBE Snuol SEZ offers valuable insights. It underscores the importance of infrastructure development, strategic location selection, and the creation of an investment-friendly environment in driving economic growth.

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Angkor Times
Angkor TimesExperienced
Asked: November 16, 2021In: Money

Is it easy to start a business in Cambodia?

It is easier and cheaper to start a business in Cambodia than in most other countries. A company can be set up with a simple registration at the Ministry of Commerce and be operational within one day. There are also ...Read more

It is easier and cheaper to start a business in Cambodia than in most other countries. A company can be set up with a simple registration at the Ministry of Commerce and be operational within one day. There are also no formalities for foreign ownership. Taxes are lower than in most countries, and there is no capital gains tax or withholding tax on dividends. The cost of labor is low as well, particularly when it comes to skilled labor such as lawyers and accountants. It’s also easy to find office space or retail space for rent. The only thing that might be difficult is getting credit from banks, but all it takes is time and patience and they will eventually give you a loan if they know you’re financially sound

Starting a business in Cambodia is a fairly straightforward procedure. To do business legally, you must first register with MoC business registration. Now, the service is done online. You can start reserving a name before registering your business or start registering your business right away.

You can register a business online in Cambodia here: http://www.businessregistration.moc.gov.kh

Starting a business in Cambodia

Starting a business in Cambodia

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Angkor Times
Angkor TimesExperienced
Asked: January 4, 2021In: Money

Is it smart to buy a condo during a recession?

It’s been more than a 10 years since the Great Recession of 2008, and the condo market has rebounded nicely. We’ve seen at least one cycle including a seller’s market, when condos sell fast for higher prices – making it ...Read more

It’s been more than a 10 years since the Great Recession of 2008, and the condo market has rebounded nicely. We’ve seen at least one cycle including a seller’s market, when condos sell fast for higher prices – making it a difficult time to be a buyer.

Is it smart to buy a condo during a recession

Is it smart to buy a condo during a recession

If you’ve wanted to buy a condo forever but prices are simply out of your reach, you might have considered waiting until the next recession to start your condominium hunt. Is that actually a good idea?

To understand whether it is great to purchase a condo during a recession, and if we’ll see another recession like the one that hit us hard in 2008, we spoke to a few top experts in real estate.

Experts declare that buying a condominium for living and lease during this period is the greatest period to invest, because today there are many unique conditions that investors may gain profit.

Buying a condominium during this period, traders will reap many benefits, such as:

1. Get a task with quality and certainty, which means that a task is great to invest. Ongoing tasks are great because they perform not get trapped during the crisis.
2. Get special discount rates with 20 to 30 percent discount.
3. Get more choices for ongoing tasks, meaning clients can select multiple tasks.
4. They can negotiate with the task owner with more particular payment conditions, as each condominium owner or developer often offers more versatile payment terms.

 

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SOVANN
SOVANNExperienced
Asked: November 22, 2020In: Money

What are the risks of buying property in Cambodia?

Phnom Penh’s condo market has been volatile and in a bubbly phase, mainly due to speculation and high supply. Read more

Phnom Penh’s condo market has been volatile and in a bubbly phase, mainly due to speculation and high supply.

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