No forecast made so far on Cambodia’s economic growth this year has showed a positive rate, but “World Bank’s October 2020 Economic Update for East Asia and the Pacific” predicted a better rate than other financial institutions. According to the World Bank, on a positive note, the World Bank said Cambodia’s domestic demand had been […]
Read MoreThe government is now drafting a policy on pepper with the intention of scaling up a competitive advantage, attract investors and boost added-value to Cambodian pepper production, according to a senior official at the Ministry of Commerce. As previously reported, Va Rothsan, a senior adviser at the Ministry of Commerce, said the price of pepper […]
Read MoreThe government has extended support measures to aid the garment and textile industry, tourism and aviation sectors until the end of the year, according to a statement released yesterday. This is the sixth round of measures in which the government has handed support to the private sector, which has been severely affected by the COVID-19 […]
Read MoreCambodia’s economy has been growing steadily over the last decade. With 2019 recording the highest ever foreign direct investment (FDI) of $3.7 billion, this growth looks set to continue in the coming years and this is reflected in increasing innovation and the adoption of new technologies across the nation. “Data taken from VisaNet reveals that […]
Read MoreThe World Bank has forecast a sharp contraction of negative two percent for the local economy this year, adding that Cambodia’s unfavourable growth outlook alongside disruptions to jobs and lower household incomes means poverty is likely to increase. The bank added that “significant uncertainty” remains for Cambodia’s economic growth outlook with downside risks including a […]
Read MoreData from Cambodia’s custom and excise department shows that from January to August this year, the total number of containers arriving and leaving the Sihanoukville Special Economic Zone (SSEZ) increased by 22.1% compared with the same period last year. The total import and export volume reached US$951 million, an increase of 26.13% compared with US$754 […]
Read More
Thailand
