The Asian Development Bank says Cambodia’s economy will recover strongly next year. It said gross domestic product will expand by 5.5 percent compared with 2021, unchanged from its April survey. The bank says one of the main reasons for the recovery from last year’s 3.1 percent contraction and this year’s ADB forecast of 1.9 percent […]
Read MoreThe Indonesian Ambassador to Cambodia yesterday said he expects that Cambodia would become a strong market for Indonesian batik, a method of dying patterned cloth unique to Indonesia. The Indonesian Embassy to Cambodia yesterday held a webinar on “Batik as a Creative Industry Product: Batik in the Hands of the Next Generation” with the Cambodian […]
Read MoreWith Lucky supermarket advertising for more construction workers to build more stores, is this the start of the battle of the supermarkets? Lucky supermarket is advertising for contractors to carry out construction work on new stores being built in the Kingdom. According to its Facebook page, it has 15 stores throughout Cambodia with that number […]
Read MoreThe Cambodian government has made total debt service payments of $197.4 million to development partners in the first semester this year. No concessional loan agreement has been signed. A report called the Public Debt Situation of Cambodia issued in early September showed that as of the first semester this year, the government has not signed […]
Read MoreSupermarket Makro has unveiled a new “Blue Mussel” counter at their store in partnership with Koh Kong farmers as part of the Cambodia Sustainable Landscape and Ecotourism Project (CSLEP). The blue mussel is a type of seafood that many people don’t know anything about, don’t know how to eat, where to buy and what kind […]
Read MoreCambodia’s economy is forecast to experience a rebound of 5.5 percent in 2022 despite a modest reduced 1.9 percent growth is forecasted this year amid the prolonged coronavirus pandemic, according to the Asian Development Bank (ADB). “The protracted pandemic has hurt services and domestic demand,” said ADB Country Director for Cambodia Ms. Sunniya Durrani-Jamal. “Lockdowns […]
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