Cambodia has become the first ASEAN nation to submit its Long-Term Strategy for Carbon Neutrality (LTS4CN) to the United Nations – outlining the economic impact of 449,000 additional jobs and an additional 2.8% of annual GDP growth by 2050 if the Kingdom can be carbon neutral.
Phnom Penh venture capital firm OBOR Capital will work with Cambodia’s Small and Medium-Sized business owners to improve their financial management, business projections and better understand investor requirements.
While COVID-19 has been a catalyst for digital transformation for Cambodia's e-economy, a recent study suggests the overall benefits have been minimal and the pandemic has done more harm than good in narrowing the digital divide.
Cambodia's MFI sector appears ready to take the next step in digitalization by embracing emerging technology such as blockchain, artificial intelligence, and alternative data over the next two years, according to a recently released survey.
Cambodia chili exports to Malaysia, Singapore, Thailand, and Indonesia will soon receive a boost after a joint study conducted by the General Directorate of Agriculture (GDA) and German Cooperation revealed untapped potential in the regional market.
Prudential Cambodia has earmarked a pivot towards digital insurance, green financing transition, and creating more inclusive insurance offers and distribution channels in the rapidly developing industry.
As Cambodia e-commerce continues its meteoric rise on the back of the pandemic, government officials are playing catch-up to regulate the sector and ensure it forges a sustainable path to success that benefits the government, the private sector, and consumers alike.
Industry experts say that implementing more sophisticated marketing strategies – and moving away from the limitations of platforms such as Facebook – will broaden Cambodian business development considerably.