In a move to urge small- and medium-sized businesses to list on the Cambodian stock exchange’s Growth Board, more than 70 companies have joined a new initiative offered by the market regulator that will provide professional guidance on how to meet listing criteria, paving the way to having a first listing sometime next year. The […]
Read MoreLocal small- and medium-size enterprises (SMEs) met with government officials yesterday and accused them of not doing enough to support domestic products against a flood of imports while multiple officials claimed that they could provide little assistance unless businesses were properly registered. The second annual private-public sector workshop was designed to discuss the challenges SMEs […]
Read MoreAs Cambodia continues its upward trajectory towards becoming a lower-middle-income country, it will face even greater challenges in reducing high levels of poverty as the Kingdom loses its preferential trade privileges and donor funding dries up, according to a new World Bank report. The World Bank’s Systematic Country Diagnostic, presented yesterday in Phnom Penh, stated […]
Read MoreIndustrial park operator Phnom Penh SEZ posted nearly a $2 million decrease in revenue for the first half of this year compared to the same period last year, with only 1.1 hectares of land sold across the group’s properties, according to a release on Cambodia Securities Exchange yesterday. Revenues for the company decreased from nearly […]
Read MoreConsumer credit in Cambodia continued to grow during the second quarter of this year, although at a more moderate pace with loan applications decreasing, according to the latest report from the Credit Bureau Cambodia (CBC). According to the report, the total number of consumer loan applications in the second quarter of this year was around […]
Read MoreHANOI – Vietnam and Cambodia share several economic characteristics, but Vietnam’s larger, more diverse economy has the greater capacity to absorb shocks, said a Moody’s report released on Tuesday. The credit rating agency’s conclusions are contained in the report titled “Governments of Cambodia and Vietnam – Vietnam’s economic diversity supports stronger credit profile, despite higher […]
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