The National Bank of Cambodia has issued a notice to banks, microfinance institutions and exchange traders to participate in the auction of US $50,000,000 for October 12, 2021. According to the announcement of the National Bank of Cambodia, the minimum bidding rate will be announced on the morning of the actual bidding day. The dollar […]
Read MoreCambodia’s economy will grow more slowly than previously forecast, according to the ASEAN+3 Macroeconomic Research Office (AMRO). It cut its 2021 gross domestic product (GDP) forecast to 2.8 percent from a March forecast of 4 percent. AMRO says growth will bounce back next year to 6.6 percent thanks to the speed of the Kingdom’s vaccination […]
Read MoreCambodia’s total trade volume in the first eight months this year remains positive despite the global economic fallout from the Covid-19 pandemic. The trade volume reached $25,610 million in the January-August period, up 7.9 percent compared with the same period last year. Cambodia’s total exports were worth $11,010 million, a year-on-year increase of 20.4 percent […]
Read MoreAFP – Meal delivery services became essential during the pandemic, when millions were under lockdown and restaurants were shut to visitors. But these days the platforms are increasingly finding themselves under fire, with US politicians seeking to regulate the industry and restaurateurs accusing the likes of DoorDash, Grubhub and Uber Eats of freeloading. And they are […]
Read MoreCambodia’s non-gold exports reached $11.010 billion in the first eight months of this year, surging by 20.4 per cent year-on-year, while the analogous imports amounted to $14.6 billion, marking a 26.7 per cent year-on-year jump, the Ministry of Economy and Finance reported. This means that the Kingdom’s non-gold trade deficit over January-August expanded by around […]
Read MoreThe number of tourists visiting Koh Kong province during the three days of Pchum Ben festival this year decreased by almost 60 percent, when compared to last year’s holiday. Less than half of the usual number of tourists came to stay and visit tourist spots around the province, according to officials from the Koh Kong […]
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Thailand
