Moody’s Investor Service reported the pandemic boosted corporate defaults in emerging markets (EM) to 7.7 percent in March, but that figure is projected to fall to 4 percent by year-end. “The recovery is likely to be uneven across EM countries and, thus, default rates will vary between countries. A resurgence of virus infections, slow vaccinations, […]
Read MoreTens of millions of dollars will pour into the Kingdom after the Council for the Development of Cambodia (CDC) approved six new projects. The diverse investments constitute about $106 million of much-needed investment and employment for more than 1,500 people. The Investment Committee of Cambodia of the CDC decided to issue final registration certificates to […]
Read MoreSingapore-based ASEAN+3 Macroeconomic Research Office (Amro) on May 6 projected the Cambodian economy to grow by 4.0 per cent in 2021, led by a robust recovery in manufacturing and supported by continued fiscal stimulus by the government. “The Cambodian economy is expected to return to positive growth in 2021 after a contraction last year. The […]
Read MoreWith Red and Orange Zones anticipated to shrink in size and vitality returning to Yellow Zones as markets and shops begin to reopen in earnest, increased competition in the mini mart sector is looming as CP All (Cambodia) Plc has begun recruiting for the Kingdom’s first 7-Eleven convenience store. The Cambodian subsidiary of Thailand’s CP […]
Read MoreCambodian internet service providers (ISPs) are warning that their customers may be forced to bear the brunt of hefty penalties levied on ISPs by the Ministry of Post and Telecommunications (MPTC). An executive at a leading ISP told Khmer Times under the condition of anonymity that the MPTC audited ISPs earlier this year and found that every […]
Read MoreTo make it easier for people living in Phnom Penh’s Red Zones to shop through the Ministry of Commerce’s online site (shop.moc.gov.kh), Cellcard has partnered with the Ministry of Commerce to provide a customer service hotline on the internet. The new hotline is designed to deal with concerns voiced by people in the Red Zones […]
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Thailand
