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Cambodia: S&P says banking system risks ‘moderating’

Due to robust national growth and moderating risks in the financial sector, credit rating agency Standard & Poor’s has revised the Banking Industry Country Risk Assessment (BICRA) economic risk trend for Cambodia to stable from negative. Despite the positive assessment, the sector remains “high risk” due to excessive loan growth, S&P said. In a report […]

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Cambodia wants bulk agro negotiation with China

Cambodia urged China to consider a package deal in negotiations on sensitive sanitary and phytosanitary issues regarding exports of agricultural products to Beijing, said Ho Sivyong, director of Export and Import Department at Ministry of Commerce yesterday. Mr Sivyong said with this proposal, negotiators will be able to discuss a regulatory framework that will accelerate […]

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Cambodia: Rubber price drops while exports rise

Cambodian rubber exports during the first 10 months are up 24 per cent, while the price decreased 18 per cent compared to the same period last year, figures from the Ministry of Agriculture, Forestry and Fisheries said. The General Directorate of Rubber director-general Pol Sopha said during the period, local producers exported 161,571 tonnes of rubber to […]

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Malaysia: ‘Export opportunities for chemicals and chemical products in Vietnam and Cambodia’

KUALA LUMPUR: Malaysian companies are set to explore export opportunities for chemicals and chemical products in Vietnam and Cambodia through Malaysia External Trade Development Corp signature export promotion programme, Export Acceleration Mission. The EAM will take place in Ho Chi Minh and Phnom Penh from November 26-30. The initiative would capitalise on the booming demand […]

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UnionPay sees robust growth in Cambodia

Reporting tremendous growth in the number of cards issued in the country as well as in the number of transactions, UnionPay has recently revealed that Cambodia is the market in Southeast Asia where it is growing the fastest. According to the China-based company’s most recent report, the number of transactions performed by Cambodians using UnionPay […]

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