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KBank eyes B1.5bn in Cambodian loans

Kasikornbank (KBank), Thailand’s fourth-largest lender by assets, aims to lend 1.5 billion baht this year to corporate customers who invest in Cambodia after officially launching a full-service branch in the country. Large Thai companies in need of financial support for expansion into Cambodia are the bank’s targets, said president Predee Daochai. KBank’s new Cambodian branch will […]

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Malaysia: ‘Trade war will be too costly for US economy’

KUALA LUMPUR: The policy rhetoric of US President Donald Trump will unlikely culminate into a trade war between the world’s largest economy and China. According to panelists at the Invest Asean 2017 conference here yesterday, while the United States is increasingly looking inwards under Trump’s administration, a trade war with China or any major economies […]

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Cambodian exports to US down

Cambodia’s total exports to the United States declined last year compared with 2015, due to uncertainties in the US presidential race and rising exports from Vietnam and new market player Myanmar.  According to figures from the Office of the US Trade Representative, total exports from Cambodia to the United States were more than $2.8 billion  […]

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