A slowing economy: tips to survive

As of today, March 2024, everyone can feel the economy slowing down, especially for those of us who were here before Covid. Back then, nothing seem to stop the fast growing path the Kingdom was on. Cambodia was thriving at a pace never seen before, and was catching everyone’s attention. Many businesses lured the Kingdom as a new Eldorado: wonderful people, sunny most of the year and businesses were profitable, as long as you were managing it properly.

In the past decade, many workers and investors flown in to grab a piece of the cake (a pie being too small). Anyway, many projects were initiated in that time to be revealed in the years 22, 23 & 24. So now, we are overwhelmed with products and services in every field. Competition is fierce, the number of banks of impressive, the number of restaurant is overpowering…