With the regional spotlight placed firmly on the Kingdom, 2022 is undoubtedly a year of economic opportunity and diplomatic recognition for Cambodia. As we wave goodbye to February, let’s take a brief look at how the government has capitalised on the chances this year has...
The ASEAN+3 Macroeconomic Research Office (AMRO), in its release revealed the shared common situation of the ASEAN + 3 nations economic growth prospects for this and next year amid headinds caused by the Covid-19 pandemic. According to the report, Cambodia’s economic growth this year is projected...
Japan and Cambodia have pledged to reach $2 billion in bilateral trade this year despite the impact of the novel coronavirus on the economy. Speaking at a meeting on Monday between senior Cambodian and Japanese officials, Ministry of Foreign Affairs and International Cooperation spokeswoman Chea Kimtha...
PHNOM PENH — Economists and local businessmen said the Cambodian economy would most likely feel the impact of any economic slowdown in China, on account of the novel coronavirus outbreak, which has now been declared a global health emergency. Chinese stock markets crashed Monday morning, falling more...
Real estate, one of the Kingdom’ economic backbones in terms of economic growth, is predicted to continue to be healthy this year and one of the few sectors that business insiders consider to be a good trend for investors. James Hodge, CBRE Cambodia director, said...
Trade between Cambodia and Japan increased by nearly 13 per cent last year compared with 2018, the Japan External Trade Organisation (Jetro) said. It said trade totalled $2.1 billion from January to November last year, a 12.95 per cent increase compared with the same period in...
Trade between Cambodia and the US rose by 38 per cent last year, totalling $5.4 billion. Trade between the countries hit $5.446 billion – up from $3.935 billion from the same period in 2018, a report from the US Census Bureau said. The report noted that exports...
Despite internal and external challenges, the Cambodian economy reached even greater heights last year, with the government reporting economic growth of 7.1 per cent – the highest in the Asean region. However, China-US trade tensions and protectionist policies remain obstacles, with the government forecasting 6.5 per...
The 2019 real estate market in Cambodia has been growing due to increasing demand from both local and international buyers across different property types, the Khmer Times cited experts as saying. The 2019 real estate market in Cambodia has been growing due to increasing demand from...
Cambodia’s economic outlook 2020 According to various forecasts, Cambodia’s gross domestic product (GDP) growth rate is expected to ebb slightly to less than 7 percent growth in 2020 mainly because of the global economic downturn and the deceleration of global demand, as well as emerging risks...