Cost of food in Cambodia increased 2.78 percent in December of 2021 over the same month in the previous year, according to the National Institute of Statistics of Cambodia. Food Inflation in Cambodia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. […]
Read MoreCambodia is relatively isolated from the economic effects of the war in Ukraine, but inflation is still projected to “accelerate” in 2022, according to recent data by the Asia Development Bank. The report suggests that inflation could “average at 4.7 percent” on surging energy and oil prices caused by the Russian invasion of Ukraine, further […]
Read MoreChina has committed to many regional development projects under the Belt and Road Initiative and the LMC with the Mekong-Lancang countries. Thong Mengdavid, a research associate of the Mekong Center for Strategic Studies at the Asian Vision Institute, a think tank in Phnom Penh, told China Daily that China has committed to many regional development projects under […]
Read MoreLocal publicly-listed industrial park management firm Phnom Penh SEZ Plc (PPSP) on April 6 reported solid growth and an upward trend in business performance last year despite Covid-19’s far-reaching impact across the globe. Market observers are bullish on the company’s future after Inter Logistics (Cambodia) Co Ltd, a member of the Royal Group of Companies […]
Read MoreAn agreement for an additional financing under the Cambodia Agricultural Sector Diversification Project (CASDP) has been signed between the project team and the Stung Trang Senchey Agricultural Community. The signing ceremony took place in Kampong Cham province under the presidency of Veng Sakhon, Minister of Agriculture, Forestry and Fisheries and Ms. Maryam Salim, Country Manager […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) free trade deal and bilateral free trade agreements(FTAs) will bring a lot of benefits to Cambodia in the long term, Asian Development Bank (ADB) acting country director for Cambodia Anthony Gill said on Wednesday. In addition to the RCEP free trade deal, Cambodia has bilateral free trade agreements with […]
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