The government has been looking at existing and new markets through the signing of protocols, agreements and memoranda to export Cambodian agricultural products to the world market, which is now threatened by food insecurity crisis The government, through the Ministry of Commerce, has been studying the possibilities of entering into FTAs with trading partners, including […]
Read MoreRussia and Cambodia are considering a possibility to switch to national currencies in mutual settlements, Russian Ambassador to Cambodia Anatoly Borovik said in an interview with Sputnik. “In terms of cooperation in the financial sector, our partners are aware of the relevant Russian initiatives, they are being developed,” Borovik said when asked about a possibility […]
Read MoreIn the second half of 2022, inflation rate is forecasted to decline to 3.2 percent after rising to 6.5 percent in the first half of this year. The first half report and second half work direction of this year released by the National Bank stated that during the first half of this year, average inflation […]
Read MoreCambodia’s economy is projected to grow by 5.4 percent, according to the mid-year assessment of the Ministry of Economy and Finance (MEF), but down from the previous forecast of 5.6 percent made at the beginning of the year, as the effects of Covid-19 have not fully mitigated. At a press conference yesterday, MEF spokesperson Meas […]
Read MoreThe agricultural sector faced challenges during the Covid-19 crisis but remained strong, and also created opportunities, such as expanding the scope of agricultural exports to international markets, according to a report. Cambodia’s agricultural products exported to China include rice, cassava, fresh mangoes, and cashew nuts, a report from the Chinese Embassy in Cambodia said. From […]
Read MoreGlobal growth recovery and rapid resumption in economic activity will give impetus to Cambodia’s economic growth this year, according to the National Bank of Cambodia (NBC). The growth will be supported by the garment, tourism, agriculture, and construction sectors, according to the latest report of NBC. The Kingdom’s economic growth is expected to be at […]
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