Cambodia is well-prepared to minimise economic risks when it graduates from its Least Developed Countries status, according to a senior official at the Ministry of Commerce on May 7. Four LDCs – Cambodia, Laos, Bangladesh and Nepal – met at a virtual workshop last week to explore potential solutions for managing a smooth exit from […]
Read MoreThe crisis in Myanmar has proven beneficial for Kampong Speu as at least 20 entities have relocated to this province. The governor of Kampong Speu, Vy Samnang said that the 20 companies have relocated from Myanmar and have been looking for various investment opportunities. Some companies, he said, have decided to lease land while others […]
Read MoreMoody’s Investors Service is warning Cambodia’s credit rating may be in jeopardy because the Kingdom is significantly more vulnerable to climate-based economic risks than other countries. “EMs [emerging markets] in [Asia-Pacific] stand out for their exposure to flood risk, which is highest in Cambodia, the Philippines and Thailand,” the rating agency said. Of the three […]
Read MoreThe construction sector faced unique challenges during the recent lockdown which ended yesterday, but there is legal recourse available to construction companies, including filing claims for force majeure (uncontrollable events) and change of law. Charles Amar, real estate law expert and vice-chairman of EuroCham’s Real Estate and Construction Committee, discussed these options during a virtual meeting hosted […]
Read MoreCambodian total exports rose in the first quarter of this year, reflecting demand in international markets as big countries around the world started their economic recovery. Cambodia’s total product exports were valued at $3.805 billion in the first quarter this year, a 5 percent increase compared with the same period last year, according to figures […]
Read MoreStrong recovery in the US has buoyed bilateral trade with the Kingdom by 16.9 percent – $289.9 million – in the first quarter of 2021 to $1.9683 billion, according to the US Census Bureau. With 75 percent of the US population anticipated to be fully vaccinated in four months and 38.6 percent of the population […]
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Thailand
