Cambodia has a lot on offer for tourists looking for history and heritage. Once the Khmer Empire and now officially the Kingdom of Cambodia, the country is famed for its rich culture and history. The Angkor temple is the largest religious monument globally, and a...
The Cambodian textiles industry is one of the fastest growing in the world with Western and Asian countries establishing trade relations with it. Cambodia's top goods exports are ready-made garments and footwear. It grew rapidly to become a powerhouse of the Cambodian economy, producing US$7.97BN...
Recognizing that the real economic growth necessary to achieve the country’s developmental goals lies in the development of a healthy private sector, the Cambodian government has undertaken a reforms programme to promote private sector investment. As part of this programme, the Law on Foreign Investment...
Cambodia is emerging as an attractive trade and investment destination. Foreign direct investment FDI into Cambodia in 2019 at US$ 3.6BN, up by 12% from the previous year. FDI inflows from China reached US$860 million in the first 11 months of 2020, up a whopping...
Over the past two decades, Cambodia has undergone a significant transition, reaching lower middle-income status in 2015 and aspiring to attain upper middle-income status by 2030, according to the World Bank. Driven by garment exports and tourism, Cambodia’s economy sustained an average growth rate of...
Myanmar is one of the last countries of Asia which is still largely unexplored by western tourists. Located between India, China and Thailand, the people of this enchanted land have developed a culture which has endured invasion and change by absorbing and taking the best...
The telecommunications sectors provides opportunities for future growth with 114% of the population (60.4 million) having mobile phones but only 39% (15 million) with subscription, and only 39% (15 million) using the internet. Social media usage too is yet to take off: the country is...
In the last decade, the country’s Gross Domestic Product (GDP) grew by an astounding 135% starting 2009. Myanmar’s contribution to the GDP of ASEAN overall is 2.9%. The country has faced socio-economic problems in the past decade as a result of which the growth of...
Myanmar's political history is complicated and ever evolving. For several years Myanmar was considered a state under the rule of an oppressive military junta from 1962 to 2011. Even with Aung San Suu Kyi's government in power for last five years, the Economist Intelligence Unit rated...
The civilian government of Myanmar, led by Aung San Suu Kyi, had been proactive in encouraging businesses both foreign and domestic through laws and regulations aimed at attracting investment. Myanmar aimed to become a logistics hub connecting the east and the west through the development...
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