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Cambodia: Climate change to delay Kingdom’s ascent to middle-income economy

Climate 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 […]

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Moody’s maintains Cambodia’s B2 rating, says outlook stable

Moody’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 […]

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Cambodia: Kingdom’s rice exports rise 2%

Cambodian 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 […]

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