Small and medium-sized enterprises (SMEs) have taken a slight upper hand in the negotiation of commercial rental prices across the Kingdom as COVID-19 is still hindering the property sector. Since March 2020, COVID-19 has caused numerous businesses to shut down, some under government instruction, others because of business owner fear of infection and the general […]
Read MoreThe Kingdom has officially launched a “National Cassava Policy” (NCP) to boost domestic production, processing and commercialisation for export to international markets in line with the government’s Industrial Development Policy for 2015-2025. The NCP is a joint effort by the Ministry of Commerce, Ministry of Agriculture, Forestry and Fisheries and the UN Development Programme (UNDP). […]
Read MoreA $100 million small and medium enterprise co-financing scheme (SCFS) fund was fully subscribed by mid-October 2020, according to a senior executive of SME Bank of Cambodia. The capital of the SME (SCFS) amounted to $100 million. It was launched on April 1, 2020, and jointly funded by the SME Bank of Cambodia and participating […]
Read MoreCambodia’s debt vulnerability remains contained, a Moody’s Investor Service report said. Despite holding a negative outlook on the Asia-Pacific (APAC) region, the rating agency maintained the Kingdom’s B2 Stable credit rating after having downgraded several frontier markets including Thailand, Sri Lanka, Laos and Myanmar last year. “The widespread fallout from the pandemic and measures adopted […]
Read MoreThe president of the Cambodia Logistics Association (CLA) has proposed that the government upgrade the international border checkpoint between Cambodia and Vietnam at Banteay Chakrey in order to accommodate transit cargo and goods from third countries. CLA President Sin Chanthy said during his visit to the international border gate at Banteay Chakrey that there is […]
Read MoreCross-border trade between Cambodia and Thailand dropped 22 percent Jan-Nov (including transit trade) compared with year-to-date (YTD) figures for the same period in 2019. Bilateral trade for the period amounted to $6.6 billion, down from $8.6 billion in 2019 according to statistics from the Cambodian Embassy in Thailand. Cambodian exports to Thailand totalled $1.1 billion […]
Read More
Thailand
