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Cambodia may dodge threat from record global debt levels

Global debt levels grew by a record $24 trillion last year with pressure to rein in debt in the face of inflation possibly affecting growth in many countries. However,  Cambodia may be in a better position than most, according to a recently published Moody’s Analytics report. Global leverage – the percentage of global outstanding debt […]

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Cambodian exports to US soar 17% in Q1

The Kingdom’s total goods exports to the US, the world’s largest economy in nominal terms, sharply increased in the first quarter of the year to attain nearly $1.863 billion, even amid production stoppages and other Covid woes. This was 16.84 per cent higher than the $1.594 billion in merchandise exports logged in January-March 2020, according […]

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Commercial airlines bemoan lack of coordinated approach to Covid effort, Cambodia maybe silently working on travel bubble

Travel restrictions in many parts of the world caused by new outbreaks triggered by virus mutations and differing paces of vaccination threaten recovery prospects for the aviation industry, which is suffering its worst crisis. However, due to travel restrictions, the number of flights has been lowered to 50-60 per year, mostly serving as medical evacuation […]

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Moody’s: Cambodian economy in ‘recovery’

With outlooks for emerging markets darkening considerably as developed economies rapidly vaccinate citizens, Moody’s Analytics has listed Cambodia among six “recovering” economies in ASEAN. The Kingdom is currently enduring a second wave after over 21,500 cases emerged following the so-called Feb 20 event, which caused Coronavirus to spread widely. As a result, the International Monetary […]

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