Industry insiders have stated the rising level of unemployment will hurt demand for the local real estate market, which has already been hit by the global COVID-19 pandemic, but should see an uptake if the virus situation is resolved within 12 months. Georg Chmiel, executive chairman of Juwai IQI, told Khmer Times yesterday that rising […]
Read MoreLocal policymakers need to ensure Cambodia’s COVID-19 economic response continues to shield the nations most affected, because global human development is expected to decline this year for the first time since 1990, according to the United Nations Development Programme (UNDP). The UNDP’s Human Development Index (HDI) is a summary measure for assessing long-term progress in […]
Read MoreThe 55,000 factory workers and 4,300 tourism workers, who have had their jobs suspended by the COVID-19 pandemic, will receive their $40 “out of work” monthly entitlements through their Wing Specialized Bank accounts next week. The Ministry of Labour spokesperson, Heng Sour, told Khmer Times that the government has already allocated its budget for the […]
Read MoreThe Capital Market saw a 22 per cent drop capitalisation in the first quarter of the year, bringing the market capitalisation to around $544million, compared with the fourth quarter of 2019. The total trading volume was at 0.56million shares, valued at $0.97million. SECC said that the trading volume dropped around 86 per cent and the […]
Read MoreCambodia has spent around $400 million to purchase live pigs from a foreign country every year. A representative of the Cambodian Livestock Raisers Association said this at a conference on import restrictions on live pigs in Cambodia. A CLRA representative said, “Each year, about $400 million is spent on buying live pigs from neighbouring countries. […]
Read MoreWhile Cambodia is still not one of the best countries for its citizens to live, the Kingdom can take comfort that the quality of life here is ranked as above that of many countries in the world. A study conducted by a leading business publication found that Cambodia provides a better life than many countries […]
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Thailand
