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February 01 , 2009

Starting a Business in Cambodia


With a population of over 14.8 million, Cambodia is the 68th most populous country in the world. The official
religion is Theravada Buddhism, which is practiced by approximately 95% of the Cambodian population. The
country's minority groups include Vietnamese, Chinese, Chams and 30 hill tribes.[7] The capital and largest city is Phnom Penh, the political, economic, and cultural center of Cambodia. The kingdom is a constitutional monarchy with Norodom Sihamoni, a monarch chosen by the Royal Throne Council, as head of state. The head of government is Hun Sen, who is currently the longest serving leader in South East Asia and has ruled Cambodia for over 25 years.
In 802 AD, Jayavarman II declared himself king marking the beginning of the Khmer Empire which flourished for over 600 years and allowing successive kings to dominate much of Southeast Asia and accumulate immense power and wealth. The Indianized kingdom built monumental temples such as Angkor Wat and facilitated the spread of first Hinduism, then Buddhism to much of Southeast Asia. After the fall of Angkor to Ayutthaya in the 15th century, Cambodia was ruled as a vassal between its neighbors until it was colonized by the French in the mid-19th century. Cambodia gained independence in 1953

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