The Council for the Development of Cambodia approved 75 private investment projects outside special economic zones during the first eight months of the year, a year-on-year decrease of 28 percent. A report from the Ministry of Economy and Finance issued earlier this month stated that all private investment projects amounted to a total of $1,106 […]
Read MoreThe export of tobacco to international markets dropped 53.58% in the first nine months of the year, the Agriculture Ministry confirmed. From January to September, Cambodia exported a total of 2,514 tonnes of tobacco to eight countries including Vietnam, Belgium, Hungary, Bosnia & Herzegovina, China, Indonesia, Singapore and Germany. The biggest market was Vietnam with […]
Read MoreThe National Assembly of Cambodia ratified the Regional Comprehensive Economic Partnership (RCEP) which comprises 15 Asia-Pacific countries and the bilateral free trade agreement (FTA) with China to boost trade and investment. PHNOM PENH, Sept. 9 (Xinhua) — The National Assembly of Cambodia on Thursday ratified the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade […]
Read MoreShopping in Cambodia is increasing but attention will be focused on the region’s central banks this week for signs that an easing in Coronavirus-related lockdowns and hopes of economic recovery are leading them to consider tightening monetary policy. The Reserve Bank of New Zealand (RBNZ) is expected to raise its benchmark interest rate by 25 […]
Read MoreCambodia has better internet infrastructure than India but its online security is the lowest in the world, according to a survey by cybersecurity company Surfshark. It ranked the Kingdom 108 out of 110 countries on its Digital Quality of Life (DQL) Index 2021. The study ranks countries’ DQL based on five criteria. Cambodia was 100 […]
Read MoreThe Cambodian economy could be expected to grow by around two per cent this year and five per cent in 2022 with extensive government support and a recovery in external demand, according to the International Monetary Fund (IMF). An IMF team led by senior economist Alasdair Scott conducted virtual discussions for the 2021 Article IV […]
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