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Move to launch Asean Chamber of Commerce

Cambodia may soon have an Asean Chamber of Commerce that will provide a platform for businesspeople and professionals from the region living in the Kingdom, apart from local businesses, to exchange ideas and views and also to help the country to attract more Foreign Direct Investment (FDI). This was disclosed to Khmer Times by Eric Lim, the […]

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Indonesia’s new finance laws expand central bank’s mandate

JAKARTA, Dec 15 (Reuters) – Indonesia’s parliament on Thursday voted to approve financial legislation that widens the central bank’s mandate to include supporting sustainable economic growth and formalise its debt monetisation operations. Called the “Development and Strengthening of Financial Sector” bill, the new rules are also seen opening the door for ex-politicians to head Bank […]

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Cambodia’s public debt remains at low risk

The Royal Government of Cambodia had a total public debt of $9.47 billion as of September 2022, the Ministry of Economy and Finance said, affirming that the public debt remained at low risk. The public debt comprised 68 percent from bilateral Developing Partners (DPs) and 32 percent from multilateral DPs, according to the ministry’s Cambodia […]

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