Few S’pore-owned businesses in Cambodia: business owners

PHNOM PENH: There are about a hundred Singapore-owned businesses in Cambodia, mainly located in the capital, Phnom Penh. Many, who set up shop there, feel the numbers have stayed low because there is a perception that the country is not safe. … In 2011, Singapore invested close to US$200 million in Cambodia, making it the 9th largest source of foreign direct investment. In the same year, Singapore was also ranked Cambodia’s sixth largest trading partner.