Despite the effects of the Covid-19 pandemic, the bilateral trade between Cambodia and Thailand showed significant growth in the last three years. During a courtesy meeting between the Cambodian Chamber of Commerce and the Thai Chamber of Commerce and the Thai Business Commission last week, commerce minister Pan Sorasak urged Thai investors in Cambodia to […]
Read MoreCambodia slipped one rank in the latest Nikkei Global Covid-19 Recovery Index but held the second rank as the country’s economy continues to bounce back vigorously from the clutches of the pandemic. With 78 points, the Middle East nation Bahrain now tops the index for July and Cambodia is just behind with 77.5 points. The […]
Read MoreFreight rates in Cambodia have started to recede gradually as declining international oil prices drive down local retail fuel costs, which will enhance the competitiveness of the Kingdom’s products on international markets, industry insiders have said. International oil prices have fallen to levels seen in the days prior to February 24 – when Russia began […]
Read MoreAs many as 500,000 additional jobs can be created in Cambodia by 2030 through energy efficiency measures and a family living in Phnom Penh can cut up to $545 annually from the electricity bills through effective energy saving methods, said a recent United Nations Development Programme (UNDP) study. In a report titled “Green Economic Growth […]
Read MoreMany banks and microfinance institutions (MFIs) in Cambodia have increased interest rates for deposits in dollar and riel currency by approximately 0.5 percent and 1 percent per annum respectively but not decreased rates for loans in the last three months, according to senior officials in the industry. The Federal Open Market Committee (FOMC) of the […]
Read MoreThai businesses have set their sights on expanding trade and investment in Cambodia, especially in processed food, agriculture, tourism, renewable energy, plastic, and gems and jewellery. According to Sanan Angubolkul, chairman of the Thai Chamber of Commerce and Board of Trade of Thailand, Cambodia is seeing average economic growth of 7-8% per year as a result of […]
Read More
Thailand
