by Teuvo Tuomi | Mar 14, 2024 | Business, Cambodia, Lifestyle, News, Society
Minister of Women’s Affairs Ing Kantha Phavi says Cambodia is one of the top countries in the world when it comes to women’s involvement in business ownership. Up to 70% of the Kingdom’s businesses are female-owned, according to the 2022 Economic Census. “We are...
by Teuvo Tuomi | Mar 13, 2024 | ASEAN, Cambodia, News, Southeast Asia, Travel
Cambodia and Malaysia achieved the highest tourism recovery rates in Southeast Asia. Cambodia’s tourism recovery rate in 2023 was the highest in Southeast Asia at 82.5% of pre-pandemic levels, followed by Malaysia at 77.2%, according to a report by travel research...
by Teuvo Tuomi | Feb 22, 2024 | Cambodia, Economy, News
Cambodia’s Ministry of Economy and Finance predicts that the economy will grow by approximately 6.6% in 2024, despite external challenges like geopolitical tensions and a global economic slowdown. The projection is based on improvements in the non-garment sector...
by Teuvo Tuomi | Feb 21, 2024 | Cambodia, Economy, Lifestyle
For foreign investors interested in Cambodia, condominiums and apartments constructed after 2010 are available for foreign purchase under the strata-title scheme. Condos remain the most sought-after properties. Cambodia stands out as a competitive marketplace in the...
by Teuvo Tuomi | Feb 20, 2024 | News, Cambodia, Economy
The Swedish government will phase out bilateral development cooperation with Cambodia by the end of this year, raising concerns among civil society groups likely to see their budgets shrink. In 2023, the Swedish government provided about $17 million to civil society...
by Teuvo Tuomi | Feb 10, 2024 | Cambodia, Environment, News, Southeast Asia
Cambodia’s Ministry of Environment has announced that plastic imports have decreased by about 50% in late 2023. Plastic imports in the fourth quarter of 2023 declined by 32.2 tonnes, a drop of around 50% compared to the third quarter, the Undersecretary of State...
