The governor of the National Bank of Cambodia, the nation’s central bank, Chea Chanto, has opened his heart about the future of the domestic currency and the dollar. He says the use of the riel will increase further compared with last year by introducing several measures including the development of policy instruments such as providing a […]
Read MoreThe Asian Development Bank (ADB) has predicted that the real economic growth of Cambodia will reach 2.3 percent this year and will be around 5.7 percent in 2021, according to the newly released report on ADB’s flagship annual economic publication titled, Asian Development Outlook 2020. The ADB says that after two decades of strong performance, […]
Read MoreThe Cambodia Manufacturers Association (GMAC) has reiterated an appeal to all buyers who source their goods from its members to work with the body to overcome the critical situation caused by the global COVID-19 outbreak, in an open letter issued late last week. The letter urged all buyers to fulfill their purchase contracts by taking […]
Read MoreMobile applications for remote business and e-learning tools recorded their largest spike in downloads on the Cambodian market last month for both the Android’s Google Play and Apple’s App Store platforms, according to monthly data sets released by the online research website SimilarWeb. The increase was attributed to the Cambodian Government’s closure of all educational […]
Read MoreChina remains the main source for Cambodia rice exports according to just-released data from the Cambodia Rice Federation (CRF). The CRF’s figures show that in the first quarter of 2020, 44 percent of Cambodia’s milled rice was shipped to China or 101,345 tonnes. This represents a 35 percent increase on the same period last year. […]
Read MoreThe Asian Development Bank (ADB) has released forecast figures showing Cambodia’s real economic growth will reach 2.3 percent this year, 0.2 percent lower than a report released earlier this week by the World Bank. The ADB says that after two decades of strong performance, Cambodia’s economic growth is expected to drop to 2.3 percent in […]
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