The Thai government is being urged to accelerate the stimulation of border trade and establish joint special economic zones with bordering countries to boost trade and investment. Such a move could help offset the impact from a spate of risks to the global market, such as a prolonged Russia-Ukraine war, an energy crisis and a […]
Read MoreThe market value of e-commerce in Cambodia surged 19 percent to $970 million in 2021 compared to a year earlier, according to the iTrade Bulletin of the Ministry of Commerce. The amount is expected to increase nearly twofold by 2025. According to the estimates of the Ministry of Commerce, the Kingdom’s e-commerce market value will […]
Read MoreThe new Law on Investment introduced by Cambodia may help improve worker productivity, given the incentives it offers on the provision of skills training, housing, nurseries, health facilities, and transportation services to workers, the World Bank said in a report. In its ‘Cambodia Economic Update June 2022,’ the bank said, “The main policy measures introduced […]
Read MoreXinhua – High COVID-19 vaccination rates and free trade agreements (FTAs), namely the Regional Comprehensive Economic Partnership (RCEP) and the Cambodia-China FTA (CCFTA), have been helping boost Cambodia’s economic recovery, said a World Bank economic update report released on Thursday. Cambodia’s economy will grow by 4.5 percent in 2022 and around 6 percent annually for the […]
Read MoreGrab super-app launched its pilot food delivery service – GrabFood – in Phnom Penh’s central business district yesterday, which will help users connect with over 200 outlets. The beta version will connect consumers with both local and international brands such KFC, The Pizza Company, Habit Burger Grill, Lotteria, Bonchon, Gongcha, Heekcaa, Chatime, Chatramue, Gloria Jean’s […]
Read MoreCambodia is now weathering an oil price shock, just as the economy had started to recover amid a rollback of COVID-19-related restrictions. The country imports 100 percent of its oil products, and its terms of trade have worsened quickly as oil prices surged. Unlike last year, when the current account deficit widened significantly because of […]
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Thailand
