Vietnam’s GDP is projected to grow 5.8 percent this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF). Notably, Vietnam’s public debt is expected to stay at the lowest as compared with eight other ASEAN member countries, the fund said. The IMF also […]
Read MoreCambodia is promoting low-emission transport modes by implementing electric motorcycles and a network of charging and maintenance stations. This technology, along with an incentive programme, is designed to reduce emissions, air pollution, and operating costs, while also providing significant economic benefits. The government, with the support of Global Green Growth Institute (GGGI), plans to introduce […]
Read MoreThe amount of cash paid in riel by account holders through Bakong system has increased 4.1 times in 2022 compared to the previous year, while that paid in US dollar through the same system has risen 3.2 times, and the transactions made through this system have surged 2.2 times to 26.1 million, according to an […]
Read MorePublic-listed Phnom Penh Autonomous Port (PPAP) reported $8.23 million in revenue for the first quarter (Q1) of the year, a 13 percent decline compared to the same period last year. In its filing of the unaudited revenue report for March 2023 and Q1, 2023 with the Cambodia Securities Exchange (CSX), PPAP disclosed that the revenue […]
Read MoreData from the General Department of Customs and Excise (GDCE) showed that in the first quarter of 2023, textile-linked exports reached $2.449.4 billion, down a total of $705.6 million or 22.4 per cent over the same period last year. Kaing Monika, spokesman for the Textile, Apparel, Footwear and Travel Goods Association in Cambodia (TAFTAC), said […]
Read MoreThe National Bank of Cambodia (NBC) signed a Memorandum of Understanding (MoU) with NPCI International Payment Limited (NIPL) to promote a collaboration in the area of cross border payment and remittance between Cambodia and India. According to an NBC’s press release on April 17, the MoU signing was formalised virtually on Mar. 17, 2023 under […]
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Thailand
