The National Bank of Cambodia has issued a notice to banks, microfinance institutions and money changers to participate in the bidding for US $200,000,000 in October The bidding will be done in stages, with the exact date and amount of the bidding to be announced later. According to the National Bank of Cambodia, the dollar […]
Read MoreCambodia is Thailand’s main food export market as compelled well-known Thai retailers such as 7-Eleven and Big C to expand their branches in Cambodia. According to the Bangkok Post on September 29, the main export markets related to food for Thailand are the United States, Japan, Cambodia and China. The country’s food exports are expected […]
Read MoreCambodia’s cities have been facing restrictions for much of the year but that may be set to change as the government considers when to reopen the country to foreign tourists and how long it can bear the economic and social costs of forcing businesses to close. In March the government closed schools across the country […]
Read MoreKoh Tonsay tourism port, on the Koh Tonsay Island, four kilometres off Kep province’s mainland, is set to undergo a groundbreaking ceremony n mid-October. The project will take 15 months to complete. The Koh Tonsay tourism port is part of ADB’s Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project phase II, according to a report by […]
Read MoreWorld Bank’s new forecast analysis show that Cambodia’s economic growth this year will go down to 2.2 percent, but will recover to 4.5 percent next year, and 5.5 percent in 2023. Cambodia is experiencing a resurgence of COVID-19 cases which has slowed the recovery, especially of the service, construction, and real estate sectors. The growth […]
Read MoreBusinesses in tourist hotspots are more hopeful of a boost in trade this year as temples are closed during Pchum Ben, meaning more tourism for other destinations including Kampot and Phnom Penh. It’s that time of year again where many Cambodians and expats alike celebrate the public holiday, literally Ancestors’ Day, but how will this […]
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Thailand
