Aquarii BD Cambodia
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Aquarii aims to partner and connect businesses and investors, create opportunities and relationships, and help grow their partnerships, investments, projects and endeavours based on the values of trust, integrity and transparency.
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Cambodia focused on FTA, formalizing economy, says Minister

#Business

March 25, 2024

Cambodia’s new investment law, tax incentives for foreign investments and businesses setting up operations in Cambodia are plus points said, Hem Vanndy, Minister of Industry, Science, Technology and Innovation, Cambodia at a seminar in Singapore, titled, ‘Cambodia: An Overlooked Destination for Business and Investment’.

READ HERE: https://www.khmertimeskh.com/501461587/cambodia-focused-on-fta-formalizing-economy-says-minister/
Cambodian Delegation Highlights Trade and Investment Opportunities in Singapore at Sands Expo

Key Points:

• Seminar Highlights Cambodia's Investment Potential: The event at Marina Bay Sands Expo in Singapore, supported by key organizations and Cambodian ministries, showcased Cambodia as an emerging market ripe for investment.

• Leaders Advocate for Collaboration: Senior businessman and government figures highlighted Cambodia's socio-economic progress and investor-friendly policies, encouraging Singaporean investment in strategic sectors.

• Resource for Singaporean Investors: Aquarii BD Cambodia and the Singapore Business and Investment Forum (SBIF) offer support and market information for Singaporean firms aiming to navigate the Cambodian market.

https://cambodiainvestmentreview.com/2024/03/26/cambodian-delegation-highlights-trade-and-investment-opportunities-in-singapore-at-sands-expo/
Leader Talks: H.E. Hem Vandy On Cambodia’s Growing Investment Climate For Singaporean Entrepreneurs, Businessman & Investors

Key Points:


• Singapore-Cambodia Synergies: Enhanced collaboration opportunities for Singaporean investors in Cambodia’s growing market, backed by supportive policies and economic reforms.

• Economic Formalization: Cambodia’s shift towards formalizing its economy presents vast potential for sustainable growth and development in various sectors.

• Trade Agreements and Taxation: Strategic Free Trade Agreements and policies to avoid double taxation solidify Cambodia’s commitment to fostering a favorable investment climate.

https://cambodiainvestmentreview.com/2024/04/01/leader-talks-h-e-hem-vandy-on-cambodias-growing-investment-climate-for-singaporean-entrepreneurs-businessman-investors/
🔔 Sending money abroad couldn't be easier, with PhillIp Mobile!
Phillip Bank Announces $4.99 International Remittance Service Offer To 10 Popular Destinations in Asia & Australia

Key Points:

• Competitive Fee Structure: Phillip Bank introduces a $4.99 flat fee for international remittances to 10 countries in Asia and Australia, enhancing affordability.

• Currency Flexibility:
The service supports transactions in both Cambodian Riel (KHR) and US Dollar (USD), offering flexibility for diverse customer preferences.

• Strategic Duration: The promotional rate is valid from April 1, 2024, to September 30, 2024, encouraging timely international fund transfers.

Read full article here and follow our socials

#SendMoney #PhillipBank #PhillipMobile
Singapore Business Federation Identifies Four Key Investment Opportunities in Cambodia Amid Growing Bilateral Ties

Key Points:


• Strategic Sectors Identified: Singapore Business Federation (SBF) targets tourism, food, logistics, and e-commerce for investment in Cambodia.

• Bilateral Engagement: Delegation visit strengthens ties, with Cambodia's development and welcoming investment climate highlighted by key ministries.

• Investment Support: Cambodian Minister outlines robust investment framework and government initiatives for upskilling local workers to attract foreign investment.

https://cambodiainvestmentreview.com/2024/04/04/singapore-business-federation-identifies-four-key-investment-opportunities-in-cambodia-amid-growing-bilateral-ties/
Phillip Bank Spotlights Cambodia’s Investment Potential at “Cambodia: An Overlooked Destination for Business and Investment” Hosted in Singapore

Key Points:


• Phillip Bank's Investment Growth: An initial investment of $100k in 2009, Phillip Bank's shareholder funds in Cambodia surged to between $170-$180 million, showcasing the country's robust investment climate.

• Enhanced Financial Governance: Following stringent KYC and anti-money laundering regulations, Cambodia was removed from the FATF grey list, reinforcing its commitment to financial standards.

• Surge in Digital Transactions: Digital financial transactions hit $492B+ in 2023, driven by initiatives like the Bakong system for cross-border transactions and new trust laws facilitating secure investments.

https://cambodiainvestmentreview.com/2024/04/08/phillip-bank-spotlights-cambodias-investment-potential-at-cambodia-an-overlooked-destination-for-business-and-investment-hosted-at-the-marina-bay-sands-expo-and-convention-centre-in-singapore/
🌟Aquarii's Monthly Publication - Connecting Dots for March 2024 is out now! 📰

Get into the latest #business and #economy updates from #Cambodia with the in-market experts. March issue covers:

• Employers can earn cash if they offer upskilling
• Cambodia attracts 5x more YOY investment in Jan-Feb 2024
• UN says Cambodia “on track” to “graduate” from its “Least Developed Countries” classification
• New tourism opportunities? PM calls for sector support

...And more
! Stay informed, stay ahead, read the full version here.

Do let us know at info@aquariibd.com or https://t.me/infoaquarii if there is a specific topic of interest or business / project, you would like us to include or feature in future editions.

Follow our socials for more latest updates

#Aquarii #Businesspublication #Connectingdots #Newsletter
Happy Khmer New Year! 🎉

Khmer New Year is a wonderful time for embracing and celebrating the richness of tradition and the vibrant cultural heritage of Cambodia.

From all of us at Aquarii BD Cambodia, we would like to wish you and your loved ones safe travels and the four gems of Buddhist blessings: Longevity, Nobility, Health, and Strength as well as continued success in all your endeavors.

Follow our socials to stay updated on the local developments in #Cambodia

#KhmerNewYear #Greetings #Aquarii #InvestCambodia
Cambodian HealthTech Firm Khalibre Presents Vision for Sector Engagement to Singaporean Investors at Marina Bay Sands Expo

Key Points:


• Khalibre’s Singapore Delegation: Jon Watts of Khalibre Pte. Ltd delivered a keynote in Singapore, showcasing the firm’s tech-driven social impact in Cambodia.

• Economic Partnership Focus: The seminar highlighted increasing Cambodia-Singapore economic relations, emphasizing collaboration in technology and education.

• Call for Philanthropic Investment: Khalibre seeks further philanthropic support to continue its community-focused projects, despite initial private funding successes.

https://cambodiainvestmentreview.com/2024/04/23/cambodian-healthtech-firm-khalibre-presents-vision-for-sector-engagement-to-singaporean-investors-at-marina-bay-sands-expo/
Fluence Corporation Receives SBR International Business Award for Engineering Excellence

Key Points:


• Awarded Excellence: Fluence Corporation wins the SBR International Business Award for Engineering Excellence with the PS3 project in Sihanouk City.

• Innovative Technology: PS3 plant utilizes advanced MABR technology, achieving low energy use and a small environmental footprint.

• Environmental Standards:
The facility exceeds stringent international wastewater treatment standards, ensuring environmental protection.

https://cambodiainvestmentreview.com/2024/04/25/fluence-corporation-receives-sbr-international-business-award-for-engineering-excellence/
CIR Media Supports Cambodian Business Delegation in Singapore, Aiming to Dispel Misconceptions and Promote Investment Opportunities

Key Points:


• CIR Media in Singapore: CIR Media supported the Cambodian delegation, focusing on dispelling outdated perceptions and showcasing Cambodia's investment potential at a key seminar in Singapore.

• Support in International Media: The support underscores the importance of leading Cambodia’s narrative to attract and secure international investment, stressing the need for active engagement and correct media representation.

• Strategic Communication:
Through targeted communication and collaboration, CIR Media aims to enhance Cambodia's profile among regional investors and broader international markets.

https://cambodiainvestmentreview.com/2024/04/30/cir-media-supports-cambodian-business-delegation-in-singapore-aiming-to-dispel-misconceptions-and-promote-investment-opportunities/
Happy Labor Day!

Celebrating the effort and dedication poured into every workday of the workers of all fields. Thank you for your contribution to making our communities thrive. 

Stay updated on the local developments in #Cambodia, follow us at: Facebook | LinkedIn

#Aquarii #LaborDay #InternationalWorkersDay #InvestCambodia
🌟Aquarii's Monthly Publication - Connecting Dots for April 2024 is here! 📰

Stay informed with #business and #economy updates in #Cambodia from the preceding month with the in-market experts. April edition includes:

• Cambodia: +2 Years for UN Status Change
• More Market Demand for “Digitally Skilled”
• Cambodia’s Trade is Up with Vietnam by 25%
• Exports to EU are Growing: A Closer Look

...And more
! Read the full version here.

Do let us know at info@aquariibd.com or https://t.me/infoaquarii if there is a specific topic of interest or business / project, you would like us to include or feature in future editions.

Stay updated on the local developments in #Cambodia, follow us at: Facebook | LinkedIn

#Aquarii #Businesspublication #Connectingdots #Newsletter
📊 New Market Info! 📈🇰🇭

Check our latest sectoral update on "Wastewater Management in Cambodia: 2024 Overview and Opportunities", covering the current challenges, government initiatives, international collaborations, and ongoing developments. Additionally, it highlights business opportunities for both foreign and local investors. Read the full article here.

For inquiries about specific sectors or topics related to the business and investment climate in Cambodia, talk to our team at info@aquariibd.com.

Stay updated on the local developments in #Cambodia, follow us at: Facebook | LinkedIn

#Aquarii #BusinessPublication #MarketInformation #SectoralUpdate #IndustryUpdate
Where to stay on your next business trip to #PhnomPenh?

Experience the seamless mix of business and leisure at #CapriByFraserPhnomPenh with 40% off using promo code: AQUARII. 🌟🌆

Book now at: https://reservations.frasershospitality.com/?Hotel=39847&Chain=10322&Dest=Phnom%20Penh&locale=en-US&promo=AQUARII

#TravelDeals #BusinessTravel #HotelDeals
📰 The May 2024 Edition of Aquarii's Monthly Newsletter - Connecting Dots is out now!

Stay updated with #business and #economy news in #Cambodia from the past month, brought to you by local experts. In this edition, you will find:

In Focus: M&A in Cambodia’s Banking and Finance Industry
• Cambodian Prime Minister's Visit to South Korea
• Toyota Tsusho Revs Up Vehicle Assembly in Cambodia
• Funan Techo Canal

...And more
! Download full version here.

Have a specific topic or project you want us to cover? Contact us at info@aquariibd.com or https://t.me/infoaquarii.

Keep up with local developments in #Cambodia by following us on: Facebook | LinkedIn

Looking for a modern and comfortable place to stay in Phnom Penh for your business trip? Use promo code AQUARII to enjoy 40% off your stay at #CapriByFraser! Book now here.

#Aquarii #Businesspublication #Connectingdots #Newsletter #InvestCambodia
📢 Update: Extension of incentives for QIPs' business expansion in Cambodia! 🚀

The Ministry of Economy and Finance (MEF) has released new procedures to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. Eligible expansions include:

• Expansion of existing production
• Diversification within the same product line
• Adoption of new technologies enhancing productivity or environmental protection

This initiative aims to boost commercial growth and support industries benefiting the nation. Currently, the 3 types of QIP are:

1. Export QIP: QIP that sells / transfers any proportion of its products to recipients outside Cambodia.
2. Supporting Industry QIP: QIP in which any proportion of its products is supplied to export industries.
3. Domestically QIP: QIP that does not export.

To qualify, projects must be registered with the CDC and meet specific investment criteria. Find out more in the upcoming June edition of Connecting Dots or contact us.

Read more here and keep up with local developments in #Cambodia by following us on: Facebook | LinkedIn

#InvestCambodia #BusinessGrowth #TaxIncentives #InvestmentOpportunity #Aquarii
Planning an overseas trip? 🌍✈️

One thing you should never forget is to get Travel Insurance. Enjoy your trip worry-free!

Contact Phillip General Insurance, the sister company of Phillip Bank, for more information.

#Aquarii #TravelProtected #TravelSafe #PhillipBank #PhillipGeneralInsurance #TravelInsurance
Phillip Bank Among Pioneers in Flagship Singapore – Cambodia Financial Transparency Corridor Initiative

Key Points:


• Phillip Bank Joins FTC: Phillip Bank Plc is among the initial financial institutions participating in the new Financial Transparency Corridor (FTC) initiative.

• Boosting SME Financing: The FTC enhances credit assessments and financing availability for SMEs in #Cambodia and #Singapore, facilitating cross-border trade.

• First Transactions:
Initial transactions include financing for Singapore’s JR Group and Cambodia’s Comin Khmere Company Ltd, supported by the FTC platform.

Read the full article here and find out more about the official visit of Prime Minister Hun Manet to Singapore and FTC in the upcoming #Aquarii June edition of Connecting Dots.

Keep up with local developments in #Cambodia by following us on: Facebook | LinkedIn
📰 The June 2024 Edition of Aquarii's Monthly Newsletter - Connecting Dots is available now!

Stay up-to-date with the latest #business and #economy news in #Cambodia from the past month, brought to you by local experts. June issue covers:

In Focus: Bullish Growth Forecasts for Cambodia – What to Make of It?
In Focus: Funan Techo Canal - What are the Downstream Benefits?
• First Official Visit of Cambodia’s Prime Minister to Singapore
• Expansion of Qualified Investment Projects (QIP) Tax Incentives
• E-Arrival Requirements for Travelers to Cambodia from July 1, 2024

...And more
! Download full version here.

Have a specific topic or project you want us to cover? Contact us at info@aquariibd.com or https://t.me/infoaquarii.

Keep up with local developments in #Cambodia by following us on: Facebook | LinkedIn

Looking for a modern and comfortable place to stay in Phnom Penh for your business trip? Use promo code AQUARII to enjoy 40% off your stay at #CapriByFraserphnompenh! Book now here.

#Aquarii #Businesspublication #Connectingdots #Newsletter #InvestCambodia