Real estate and other property experts are calling for more investments in Cambodia’s hospitality sector, warehousing and factory renting services because of high demand but in short supply. Sear Rithy, chairman of WorldBridge Group and a prominent property developer, said many investors are flocking to the real estate sector at the expense of hospitality and […]
Read MoreCambodia and Vietnam last weekend signed several memorandums of understanding (MoUs), according to a joint statement issued by Cambodia’s Ministry of Foreign Affairs and International Cooperation on Saturday. The MoUs were signed during Prime Minister Hun Sen’s two-day visit to Vietnam on Friday and Saturday. Four of the MoUs were aimed at boosting bilateral investment […]
Read MoreClimate change will slow down Cambodia’s economic growth progressively over the next decades and delay the country’s graduation to middle-income economy by one year, recent government reports show. The ministries of Economy and Finance and Environment on Friday launched two research papers: ‘Addressing Climate Change Impacts on Economic Growth in Cambodia’ and ‘Cambodia: Derisking Renewable […]
Read MoreMoody’s Investors Service Inc maintained a stable outlook while affirming Cambodia’s B2 long-term issuer rating on the back of robust gross domestic product (GDP) growth prospects, modest and highly affordable government debt, and low external vulnerabilities. In a statement on Friday, Moody’s said the positive effects that serve as a buffer offset risks stemming from […]
Read MoreCambodian rice exports in the first nine months of the year rose two per cent year-on-year, led by the Chinese market, a Cambodia Rice Federation (CRF) report said. Rice exports to China increased more than 44 per cent, the report said, while exports to the EU dropped nearly 30 per cent. Total rice exports during […]
Read MoreMore than 50 payment companies are offering cashless services to customers, a rise from between five to 10 payment companies in the past two years. The figure was released at the Cambodia Fintech Day 2019 on Wednesday in Phnom Penh, by Bora Kem, of Mekong Strategic Partners (MSP), an advisory services and investment management firm, […]
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