The baht opened at 32.54 to the US dollar on Friday, weakening from Thursday’s closing rate of 32.46. The Thai currency is likely to move between 32.50 and 32.65 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon suggested that investors monitor the government’s decision, especially on imposing a lockdown. He said that […]
Read MoreThe number of foreigners who arrived in Cambodia January-May has been reported by the Ministry of Tourism as 91,596, a plunge of more than 92 percent from the same period in 2020. Thai visitors topped the list at 46,395 arrivals, followed by 27,693 Chinese. Most of the visitors were tourists, businesspersons or investors. Everyone flying […]
Read MoreCambodia exported nearly $6 billion worth of goods in the first five months of this year, an increase of 1.6% compared to the same period last year. This was disclosed in the Ministry of Economy and Finance socio-economic trends recent report where it also said that in the first five months, exports reached $5,982 million […]
Read MorePhnom Penh will continue to be a central service hub in the region with a population of six million with an expanded radius of 100 km by 2035. This is according to the master plan for land use in Phnom Penh in 2035, which was announced by the Royal Government. The expansion of Phnom Penh, […]
Read MoreThe man who brought automated teller machines (ATMs) to Cambodia is re-entering the space with a new venture that not only aims to improve automation, but also to revolutionise the revenue model. While experts have said that fintech and contactless payments have increased during the pandemic, cash in circulation actually increased by 9.5 percent last […]
Read MorePhnom Penh’s extraordinary vaccination effort means that the capital’s economy is ripe for re-opening. Official figures obtained by Khmer Times show that more than 2.4577 million people in Phnom Penh have been administered second doses of a Covid-19 vaccine as of Sunday. The most recent census from 2019 shows that the capital has more than 2.281 million […]
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