The Cambodia Securities Exchange (CSX) did not anticipate the curfew to adversely impact market action. CSX Director Kim Sophanita told Khmer Times last week, “I think the recent decision to institute curfews and lockdowns will not have any negative impact on the capital market given that it is temporary and isolated to eight provinces close to the […]
Read MoreThe Cambodian government is considering reducing the number of approved public investment projects in a budgetary move to preserve funds for use fighting against the Covid-19 pandemic. Previously, the government reduced expenditures to the same purpose, as noted by Prime Minister Hun Sen in his speech for the launch of the under 18s vaccination campaign […]
Read MoreEight new projects worth $71.4 million have been approved by the Council for the Development of Cambodia (CDC). The new projects will create over 9,500 jobs at a critical juncture in the Kingdom’s economic recovery. The CDC issued final registration certificates to Hong Cen Max Leather Products, Remstex Fashion, Top Form (Cambodia) Manufacturing, New Wide […]
Read MoreCambodia exported nearly $3 billion worth of agricultural products in the first seven months of the year, a rise of more than 87 percent over the same period in 2020. The Agriculture Ministry says more than 5 million tonnes of agricultural product was shipped to 64 destination countries between January and the end of July. […]
Read MorePrime Minister Hun Sen says the economy will grow less than previously forecast this year, at 2.5 percent instead of the 4 percent growth earlier prognosticated. His comment was shared during a press conference for the launch of the under 18s vaccination campaign held at the Peace Palace yesterday. However, he also pointed out a […]
Read MoreThe food and beverage industry has reacted with concern to the government’s decision to impose a curfew in the country’s major cities, along with restaurant closures and bans on alcohol sales for the next two weeks. The restrictions were announced by the government on Wednesday night. They have been brought in to stop the spread […]
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