Cambodia ranks top for lowest operating costs among nine countries in Asia

[geovalin]

Among the average costs of doing business in Asia, Cambodia ranks top. According to TMX’s – a business transformation consultancy – latest report, ‘The Great Supply Chain Migration – Breaking down the Cost of Doing Business in Asia’, Cambodia is reported to have the lowest operating costs among nine countries in Asia, ahead of Myanmar and Vietnam.

 

The report assessed the average costs of doing business in Asia and the corresponding country competitiveness across nine popular potential manufacturing locations: Cambodia, India, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

 

According to the TMX report “The great supply chain migration – breaking down the cost of doing business in Asia,” the average total operating cost for a manufacturing company in Việt Nam ranges from US$79,280 to $209,087 per month, compared to leader Singapore at $366,561 and second placed Thailand at $142,344.

 

read more https://www.khmertimeskh.com/501007945/cambodia-ranks-top-for-lowest-operating-costs-among-nine-countries-in-asia/