The cancellation of the Everything But Arms (EBA) scheme would severely affect trade, investor sentiment, and the overall economy followed by a possible sovereign rating downgrade, while Cambodia’s strong ties with the EU makes it vulnerable to disruptions in trade relations, said experts. In an interview with Khmer Times, RAM Ratings Services Bhd sovereign ratings head, […]
Read MoreKUALA LUMPUR: Malaysian companies are set to explore export opportunities for chemicals and chemical products in Vietnam and Cambodia through Malaysia External Trade Development Corp signature export promotion programme, Export Acceleration Mission. The EAM will take place in Ho Chi Minh and Phnom Penh from November 26-30. The initiative would capitalise on the booming demand […]
Read MoreReporting tremendous growth in the number of cards issued in the country as well as in the number of transactions, UnionPay has recently revealed that Cambodia is the market in Southeast Asia where it is growing the fastest. According to the China-based company’s most recent report, the number of transactions performed by Cambodians using UnionPay […]
Read MoreIn the bay of Kompong Som of the Cambodian coast facing the Gulf of Thailand, sits state-owned Sihanoukville Autonomous Port (PAS), biding its time for year-on-year top and bottom line container throughput growth, and diversification plans to stave off external headwinds. The port, which handles 70 percent of Cambodia’s import and export market via three […]
Read MoreCountries across Asean are experiencing rapid economic growth, and the associated improvements to the standard of living are conspicuous. Increasing trade means increasing wages — and wage growth is integral to the growth of regional economies. But maintaining a strong economy is a balancing act: if wage growth is too slow, the relative purchasing power […]
Read MoreChina’s Belt and Road Initiative (BRI) plays a crucial role in connecting China to Cambodia and enhancing connectivity and cross-border trade within Asia and across the globe, the Minister of Public Works and Transport said Friday. Speaking at a forum on the BRI and e-trade held in Phnom Penh, Transport Minister Sun Chanthol said the […]
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