Tackle issues early to ensure growth: IMF official Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing […]
Dollar use hurting national economy Dollarisation in Cambodia’s economy remains very high, leading to increased local costs and reducing the appeal of the Kingdom’s exports, Chea Serey, director general of the National Bank of Cambodia […]
Bank services VAT seen as ‘inefficient’ Banking sector leaders have expressed concern over a new government decree that places additional fees on financial services, warning that the costs of what some have described as an […]
Western policies may slow growth Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United […]
Business outlook still positive Cambodia’s business environment retained a positive outlook during the commune elections held yesterday, with several experts saying they expected the Kingdom’s economy to benefit from continued political stability. — The Phnom […]
Kandal drowning in debt: Confusion about MFIs may cost CPP in commune elections By the end of last year, Cambodians collectively owed $3.1 billion to microfinance institutions (MFIs), according to a World Bank report, a […]
Record IPO nets $27M for Sihanoukville port operator The initial public offering of the state enterprise that operates Cambodia’s largest seaport was fully subscribed, raising nearly $27 million for the purchase of land and equipment […]
U.S. Demands Cambodia Repay Loan From Vietnam War Era Cambodia owes more than $500 million for when the nation borrowed to help feed refugees impacted by the war. The U.S. helped create many of those […]
Garment Industry Facing Subcontracting Threat: ILO Cambodia’s garment factories appear to be ramping up their use of subcontractors, which tend to get the least attention from regulators and raise the most fears of abuse among […]
Cambodia Asian Business Networking Night Finds Most Happy While inbound foreign investment to Cambodia might have taken an almost $1 billion, or 22 per cent whack in 2016* compared to 2015, a 43 per cent […]
‘Organ traffickers’ arrested Two people have been arrested in Cambodia for allegedly “trafficking organs” during a year-long operation involving at least 10 victims and frequent trips to India, officials said yesterday. — The Phnom Penh […]
Cambodia’s Commune Elections: A Barometer for 2018 Three things to watch in Cambodia’s commune elections that will impact next year’s parliamentary race. – The Diplomat (paywall) CNRP funding vow a ‘problem’ for us: Banh Defence […]