The International Monetary Fund (IMF) issued a report using macroeconomic frameworks to analyse the economic shock that COVID-19 has had on two countries: Cambodia and Colombia. The IMF team built a simulation model based on the Cambodian economy to project the short and medium-term impacts of the pandemic. Three assumptions were used to carry out […]
Read MoreBilateral trade between Cambodia and ASEAN was valued at $11,330 million in 2020, a year-on-year increase of 22.42 percent. The figures from the Ministry of Commerce shows that from January to December 2020, Cambodia exported $3,722 million goods to ASEAN, up by 185 percent compared to the same period last year. Cambodia imported about $7,607 […]
Read MoreModeling by the International Monetary Fund (IMF) and the Ministry of Finance shows that the Cambodian economy will grow by more than two percent this year. In a report released in Washington, the IMF said the modeling also showed that closure of the economy’s negative output gap — when production is less than what can […]
Read MoreDespite the global economic fallout from the COVID-19 pandemic, the Kingdom’s total trade volume remains positive, reaching $35.8 billion last year, a rise of 2.5 percent compared with the year before, according to the annual report from the Ministry of Commerce (MoC). Cambodia’s total exports were worth $17.21 billion, up 16.72 percent year-on-year in 2020. […]
Read MoreThe future success of the economic relationship between the United States and Cambodia could hinge on managing geopolitical tensions, evolving the agricultural sector and providing clear legal frameworks to improve the investment climate, according to a panel of experts who spoke at a webinar hosted by the Asian Vision Institute (AVI) and the US embassy. […]
Read MoreDr In Channy, chairman of the Association of Banks in Cambodia and also the chief executive officer of ACLEDA Bank, in an exclusive with Khmer Times’ Sok Chan marking the 41st anniversary of the reintroduction of the riel, spoke about the banking industry. He discussed the challenges it faces plus the cohesive and coherent efforts […]
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