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Cambodia’s dollarisation peaks among neighbouring countries

Cambodia became Asia’s most dollarised economy, while dollarisation in neighbouring Lao P.D.R., Mongolia and Vietnam was either declining or broadly stable, a report by the International Monetary Fund (IMF) said a decade ago. Ten years later the grim reading remained unchanged compared to other economies in the region. Since Cambodia’s economy has been substantially dollarised, […]

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Cambodia: 39 investment projects approved in Q1

The Council for the Development of Cambodia approved 39 fixed asset investment projects worth $294 million in the first quarter of this year. A report from the Council for the Development of Cambodia showed that the investment projects decreased by eight, while investment capital fell to $294 million in the January-March period of this year, […]

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Cambodia’s international non-gold sales hit USD20B last year, US still top buyer

ANN/THE STAR – The United States (US) absorbed more than 44 per cent of Cambodia’s over-USD20-billion total non-gold exports in 2022, remaining the largest market destination, ahead of the European Union (EU), according to the Ministry of Economy and Finance. The ministry’s 2022 Socio-Economic Trends report indicates that non-gold exports totalled USD20.3441 billion last year, […]

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