ទំព័រដើម > សេដ្ឋកិច្ច Economic > A Little Contribution That Might Make A Big Change in Cambodia Economic

A Little Contribution That Might Make A Big Change in Cambodia Economic

As stated by the former British Prime Minister William Gladstone about the importance of finance for the economy in 1858 as follows: “Finance is, as it were, the stomach of the country, from which all the other organs take their tone.” In the financial system, funds flow from those who have surplus funds to those who have a shortage of funds, either by direct, market-based financing or by indirect, bank-based finance. For instance, the wealthy people deposit their money in the bank in purpose of earning the interest while the not better-off people borrow money from the bank for housing. Other example like people invests their surplus capital in stock market. In the case of Cambodia, we can see that this mechanism has not yet happened.

In the past 5 years, Cambodia has achieved tremendous economic growth. For instance, from 2003 to 2006, the growth rate was approximately 9 percent. According to the National Institute of Statistic, the overall economy, in terms of gross domestic product (GDP), the growth rate is 10.8 percent. In addition, for the year of 2007, Cambodia expects to have economic growth around 9 percent. This is according to the estimation of IMF in Cambodia. However, this growth has not reached its peak while Cambodia can attain much more than that if the Cambodia financial system can functioned properly.

In 2009, Cambodia will establish its stock market although it is a limited stock market. With the introduction of a financial market, it will help this economy to mobilize the Cambodian people’s savings and channel them into long-term investments in private, social, economic and infrastructure projects. This new emerging will take Cambodian to the world of investing.

stockmarket.jpgHave you ever wondered how the rich got their wealth and then kept it growing? It’s because of investing. So, why keep your money idle at home or under your pillow while you can make it bigger and bigger. What does it really mean by investing? Investing means the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit. To be simpler, investing means putting your money to work for you. There are many different ways you can go about making an investment. This includes putting money into stocks, bonds, mutual funds, or real estate (among many other things), or starting your own business.

Let’s invest in our Cambodia future upcoming stock market, all Cambodian!!! Although it is with a little money, it might lead to extreme economic growth of this country.

  1. Phy
    ខែតុលា 9, 2007 ម៉ោង 12:18 ព្រឹក

    Hey buddy! Want you to see this website and tell me what you think about it: http://www.kiva.org. I am thinking of joining and make some loan to help Cambodian entrepreneurs. I think its a good way of helping them out contributing to our home’s economy.

  2. ខែតុលា 9, 2007 ម៉ោង 8:13 ព្រឹក

    I found the web site very interesting. The mechanism that Kiva.org is using is good. It creates an enabling environment for the entrepreneurs to make their business plan possible. The good point of its mechanism is to let the lenders review the business plan of the borrowers and decide which business they want to lend the money so that those business can put on the ground.

    By the way, if you wish to contribute to the development of entrepreneurship of our country, there is another way that you can do. Rather than keeping your money under your pillow, you can deposit your little idle money in the banks (those that provide credit to the small business in Cambodia) such as ACELDA Bank so that your money will enable the bank to finance those Cambodian small business. Beside, you can earn interest. Tell you what, buddy, I have done this already. My deposit is not much it is just USD50.00. It is nothing, right? But if 1millions Cambodian do that this amount will be USD50.00 millions. And this will be a big amount that the bank can manage to lend those small business.

    Remember this theory! In the financial system, funds flow from those who have surplus funds to those who have a shortage of funds, either by direct, market-based financing or by indirect, bank-based finance.

  3. ខែតុលា 9, 2007 ម៉ោង 8:28 ព្រឹក

    If you wish to contribute your little money to lend those micro business, I think it ok to put your money through Kiva.org. Visit its website, I have found that this organization has an field partner in Cambodia. It’s CREDIT MFI – World Relief. The general manager of the CREDIT MFI is the best friend of my uncle and I know him very well.

    Go ahead, buddy! I’m thinking of joining Kiva.org as well. Thanks for sharing about Kiva.org with me.

  4. ខែតុលា 17, 2007 ម៉ោង 11:37 ព្រឹក

    Hey,
    If you’re looking for different ways to Financing a Business , financing the assets is still a totally legitimate option you can do on your own if you can’t find or work with investors.When you’re financing business assets and this is especially practical with manufacturing businesses financing , because they have equipment–you have accounts receivable and you have inventory.

  5. ខែ​មេសា 15, 2009 ម៉ោង 8:52 ល្ងាច

    The topic is quite trendy on the Internet right now. What do you pay the most attention to when choosing what to write about?

  6. ខែ​កុម្ភៈ 21, 2013 ម៉ោង 5:02 ព្រឹក

    Très intérressant comme article, merci pour ce partage de connaissance
    !

  7. ខែ​មេសា 10, 2013 ម៉ោង 10:40 ព្រឹក

    Hold the squat for 3 seconds and then slowly return to a standing position.

  8. ខែ​ឧសភា 27, 2013 ម៉ោង 3:44 ល្ងាច

    Merci pour ton aide, je bookmark ton site. Est ce qu’il y a des forums que tu recommandes sur le sujet ?

  1. ខែតុលា 8, 2007 ម៉ោង 3:44 ល្ងាច
  2. ខែតុលា 8, 2007 ម៉ោង 7:37 ល្ងាច
  3. ខែតុលា 10, 2007 ម៉ោង 7:44 ព្រឹក

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