Country Guides
Cambodia
Business

Business

Cambodia

GDP: US$8.6 billion (2007).
Main exports: Dried fish, rubber, tobacco and clothing.
Main imports: Petroleum products, gold, construction materials and machinery.
Main trade partners: Vietnam, USA, Germany, UK and Thailand.

Economy

The Cambodian economy was all but destroyed by the war in southeast Asia and the rule of the Khmer Rouge between 1975 and 1979. Since the ousting of the Khmer Rouge from power by the Vietnamese in 1979, Cambodia has undergone a slow process of recovery. Restoration of agriculture (the foundation of the Cambodian economy and the main source of employment) has been slow but steady with rice as the staple. The timber industry has also grown quickly but at the expense of worrying deforestation. 

The effects of the 1997 currency crisis on the economy were transitory, given the relatively undeveloped state of the Cambodian economy. Cambodia aspires to the status of an Asian ‘tiger' economy and has joined the Association of South-East Asian Nations (ASEAN), now the principal regional economic co-operation body.

GDP growth stood at 9.1% in a 2007 estimate, with inflation at 4.4%.

Business Etiquette

Shirt and tie need only be worn on the most formal of occasions. Timekeeping can be a little vague so try to reconfirm meetings before turning up. The exchange of business cards is important. Some knowledge of French would be useful.

Office hours: Mon-Fri 0800-1200 and 1400-1700/1730 and Sat 0800-1200.

Travel Partners

Click Here NEW BROCHURE!

A collection of innovative travel ideas covering all four corners of the worldClick Here

Find Cheap flights Cheap Flights

Compare cheap flights and travel deals to destinations worldwide

Become inspired by Las Vegas Become inspired by Las Vegas

the 'Entertainment Capital of the World'!

AVIS RENT A CAR AVIS RENT A CAR

SAVE 10% on USA car hire with Avis! USA from only £17 a day

Wyndham Rewards Stay twice and
earn a free night!

Reward Yourself with Wyndham Rewards

Karibu Kenya: Discover the Magic of Africa Discover the Magic of Africa

Home to soaring plains & exotic colonial hideaways

Quick links