Phnom Penh has asked Hanoi to resume direct flights between Cambodia and Vietnam to boost tourism between the two countries now that the Covid-19 outbreak appears to be waning. The statement was made during a meeting between Prime Minister Hun Sen and the newly-minted Vietnamese ambassador to Cambodia on November 24 at the Peace Palace. […]
Read MoreAs Cambodian incomes rise and the population consumes more it is also generating increasing amounts of waste. The growing piles of garbage are a threat to health, the environment and the climate. “There is a waste crisis in Cambodia. There is a lot of waste and the system to take care of waste is not […]
Read MoreCambodia’s economic growth has been revised to reach around 3 percent this year, thanks to the growth of the agricultural and industry sector. Speaking at the inauguration ceremony of Stung Trang-Krouch Chhmar bridge yesterday, Prime Minister Hun Sen said that the country’s economic activities have recovered after the country has been fully reopened. “I think […]
Read MoreCambodia’s economy will recover from last year’s 3.1 percent contraction, according to the ASEAN+3 Macroeconomic Research Office (AMRO), after a successful vaccination campaign allowed factories to reopen and easing supply-chain bottlenecks helped increase exports. “Recovery from the pandemic is expected to gradually gain momentum in 2021, notwithstanding a recent spike in global infections,” AMRO said. […]
Read MoreThe free trade agreement (FTA) signed between China and Cambodia will take effect on Jan. 1, 2022, according to the Ministry of Commerce (MOC). The agreement, which was officially signed on Oct. 12, 2020, brings the proportion of zero-tariff products in the goods trade between China and the southeast Asian nation to more than 90 […]
Read MoreCambodia’s economy will recover from last year’s 3.1 percent contraction this year and strengthen even further in 2022, according to Fitch Solutions. It forecasts real gross domestic product (GDP) of 2.5 percent in 2021 and 4.7 percent in 2022. “Our forecast continues to reflect the poorer prospects for services growth amid the country’s protracted struggle […]
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