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All Solutions Cambodia is a leader in improving your business processes. Our teams are universally recognized for delivering outstanding results to your successful investment in Cambodia. We provide the legal, professional and up to date comprehensive view advice about the society/market and also all the relevant laws of Kingdom of Cambodia to the investors helping them to make the right choices in investment into Cambodia.
... Cambodia in late 2007
started to get inceasing interest from agro-business companies and in 2008 also labor intensive industries disatisfied with rising cost in China and most recently concerned by the high rate of inflation in Vietnam...
Cambodia's seaside airport - the new international airport
The Tourism Information Board of the Royal Embassy of Cambodia annouced that the Cambodian government had approved plans for an international airport in the coastal city of Sihanoukville. The initiative is being undertaken as part of plans to further propel Cambodian tourism.
Like other of Cambodia's smaller airports that were once part of an extensive domestic network, the facility in Sihanoukville, 230 kilometers southwest of Phnom Penh, is closed. The government hopes to reopen it to domestic flights by the end of the year and later introduce international routes. Soy Sokhan, an official with the state for civil aviation, shared that the rebuilt airport would facilitate direct flights from neighboring countries, allowing visitors to head for the country's beaches and have a quick link to the Angkor temple town of Siem Reap. There are also plans to reopen the airport in the northeastern town of Kratie, near a stretch of the Mekong river home to endangered Irrawaddy dolphins that Cambodia hopes to preserve as a tourist attraction.
The time needed to get started depends on the nature of the planned operation and the complexity of the project. In certain circumstances, an investor can start his operations within a month following these administrative procedures in order to start a business in Cambodia: How many steps?
Your Global Local Partner
Cambodia Partners with South Korea to set up Cambodia Stock Exchange
After the announcement of a South Korean investment of $1.8 million to help Cambodia launch the Cambodia stock exchange, the Cambodia Parliament has officially passed a law that would allow the Cambodia first stock exchange to open in 2009. Despite Cambodia reliance in agriculture the drive the Cambodia economy, it is estimated that over 400 companies plan to list on the Cambodia stock exchange. Cambodia continues to recover from the difficulties. Nonetheless, Cambodia is growing with strong garment and tourism sectors as its comparative advantage. Other sectors that are playing a role in the development of the Cambodia economy include oil and gas, the garment industry, telecommunications, and construction. With 11 percent growth over the last three years, continued economic stability, and expanding financial sector, Cambodia has partnered with South Korea to set up the Cambodia stock exchange according to Forbes. The goal for the completion of the Cambodia stock exchange is 2009 and Cambodia plans to open its first stock exchange by April of this year to open up the country to further Cambodian investment according to Bloomberg. The Cambodian Government and the Ministry of Economy and Finance have identified approximately twenty companies to list on the Cambodia stock exchange and to allow for Cambodian investment beyond that of Cambodian foreign direct investment. A few of the companies identified include Acleda Bank and Sokimex Group the countries largest bank and petroleum company respectively.
What does Cambodia offer investors? They are: large markets, low wages, a liberal economy and some of the world´s great tourist attractions.
The large markets are a function of location, not the domestic market of Cambodia but the markets of the Association of South-East Asian Nations (ASEAN). The 10 member countries of ASEAN have a total population of around 550 million and participate in a free-trade area (AFTA) that will become full-fledged by 2010. ASEAN is also negotiating a free-trade area with China and may be doing so with India. Finally, there are the rich markets of Europe and North America, to which Cambodia, as a least developed country (LDC), has preferential access.
As for the liberal economy, Cambodia has one of the most open economies in Asia, ranking on a par with Japan, and the most open economy among the world´s 49 LDCs. Its low-wage, trainable labour force is, of course, an asset in an increasingly competitive world economy. When it comes to tourism, the extraordinary monuments of Angkor Temples in Siem Reap province already ensure that Cambodia attracts tourists at an annual growth rate of 30 per cent and more...
All Solutions Cambodia - 2008 Copyrighted (c)
All Solutions Cambodia
- Make your idea come true value. Using our professional services, you combine your knowledge of your business with our proven specialist skills in improving your investment performance. We accelerate and enhance benefits, and train and apply task forces from the organisation to achieve goals at many different levels
- Optimise operational performance, by rolling up our sleeves to help you make improvements that bridge the gap between where you are and where you want to be
- Keep pace with change, by partnering with your staff to develop skills and create an enduring culture of continuous improvement
- Maximise your investment, by identifying the strategic, operational, and organizational elements required for your investment
- Implement strategies successfully, by working within your vision to develop an optimally aligned organisation and install practical business processes
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