The Asian Development Bank (ADB) has revised down projection of Cambodia’s Gross Domestic Product Growth to 6.2 percent this time for 2023 from 6.5 percent forecasted earlier as the country’s economy would be affected by weaker global economic growth, according to a news release received by Khmer Times from ADB yesterday. However, the Asian Development Outlook Update […]
Read MoreThe Asian Development Bank (ADB) said Wednesday that Cambodia was expected to have one of the lowest rates of inflation among ASEAN countries this year despite the global surge in fuel and fertiliser prices. In the annual update to its Asian Development Outlook, the bank said it upwardly revised its inflation forecast for Cambodia this […]
Read MoreRestructured loans of private borrowers in Cambodia have gone up to 13 percent of GDP as of June 2022 and non-performing loans (NPLs) have risen to nearly 4.5 percent of the Gross Domestic Product (GDP), according to the IMF Mission that completed its mandatory Article IV Consultation in the Kingdom recently. The total outstanding private […]
Read MoreThe impact of an oil price shock on headline inflation is bigger in Cambodia, according to an AMRO Analytical Note that examined the impact of rising global energy prices on inflation in the ASEAN+3 region. “The impact is the largest in Cambodia and Vietnam, at around 0.06 percentage points,” the note titled ‘Fueling Inflation in […]
Read MoreWhile forecasting a five percent growth for Cambodia’s economy this year, the visiting International Monetary Fund (IMF) mission yesterday said the rising private debt remains a big concern in the Kingdom and urged the National Bank of Cambodia (NBC) to strengthen its vigil. Addressing the media at a virtual press conference following the two-week-long annual […]
Read MoreCambodia had made a total of $544.1 million from the exports of dry rubber and milled rice during the first eight months of 2022, according to official reports on Tuesday. A report from the General Directorate of Rubber showed that the Southeast Asian nation exported 194,014 tons of dry rubber during the January-August period this […]
Read More
Thailand
