Business Etiquette Greetings – Cambodians have different ways of greeting depending on the situation. Handshakes are the norm between men, but it is not uncommon to greet women with the “Sampeah” – the placing of palms together in a prayer-like position at chest level, with a slight bow of the head. The higher the hands and… Continue reading Business Etiquette
Digital Economy In this new age of digitisation, it is almost impossible to see economic growth in the long run unless a country is able to make advancements in its technology and use the internet to boost its economy. Cambodia has been able to recognize the importance of this and has been able to substantially… Continue reading Digital Economy
Foreign Direct Investment FDI by sector – According to a statement from the Bank of Cambodia, Cambodia recorded $4.35 billion. The total stock of FDI stood at USD 41 billion in 2021. As can be seen from the chart below, Chinese FDI was the largest as it has been in the past (43%), followed by South Korea… Continue reading Foreign Direct Investment
Taxation Structure Corporate Income Tax – As we can see in the chart below the standard Corporate Income Tax rate in Cambodia is 20%. In comparison to the other ASEAN countries it is one of the lowest and it is below the average ASEAN CIT rate which is 22%. Oil and Gas and a business of… Continue reading Taxation Structure
Ease of Doing Business and Corruption Ease of Doing Business Ranking – Since 2016, Cambodia has been falling in rankings in the World Bank’s Ease of Doing Business Global Index. The Kingdom currently ranks 144 out of 190 countries with a score of 53.8 which is only better than Myanmar and Laos in the ASEAN region.… Continue reading Ease of Doing Business
Government Structure and Society Cambodia is a constitutional monarchy and a multiparty liberal democracy with a unitary structure and parliamentary form of government. The country’s constitution was promulgated in 1993. According to the constitution, the king is the head of the state and is chosen from among royal descendants by the Royal Throne Council. Since… Continue reading Government & Society
Demographic Advantage Population – Cambodia being one of the smaller countries in the world is only the 71st most populous country having a current population of over 16 million people. Its population growth rate over the years has slowed down and currently stands at 1.4%. However, the country has managed to drastically reduce the percentage of its population below the poverty line… Continue reading Demographic Advantage
Historical Background Cambodia is a country that has faced civil war, genocide and political turmoil throughout its history. It has been influenced by many Asian countries, alongside France and the United States over the years and it was only until the 1990s that it regained its political autonomy. For 2000 years Cambodia’s civilization was mainly… Continue reading Historical Background
COUNTRY HIGHLIGHTS Cambodia > Country Highlights COUNTRY HIGHLIGHTS FOR CAMBODIA Map of Cambodia Geography Landscape spans low-lying plains surrounded by uplands and low mountains, and includes the Tonle Sap (Great Lake) and the upper reaches of the Mekong River delta Located in mainland Southeast Asia, bordering Thailand, Laos, Vietnam, the Gulf of Thailand Total Land… Continue reading Country Highlights
