Home Cambodia Economy

Kingdom’s development discussed

Sep 21st at 14:07
21-09-2018 14:07:58+07:00

Kingdom’s development discussed

The National Bank of Cambodia (NBC) and the International Monetary Fund on Thursday held a conference to discuss the next steps in Cambodia’s economic development.

NBC director-general Chea Serey said the conference was an opportunity for stakeholders to offer their ideas and hear those of others, with the aim of designing a development strategy. Observers said there was a sharp focus on economic diversification and structural change.

“We realise that Cambodia has a lot of potential, but how to reach that it is a very important issue,” Chea said. “We hope to learn how to make our exports more competitive, diversify our export products and [deal] with economic issues caused by external factors.

The conference was divided into three sessions: Cambodia’s recent development, its transformation by the global economy, and a discussion about unlocking the Kingdom’s economic growth potential.

phnompenh post

MOST READ

NEWS SAME CATEGORY

PM calls for Kingdom to diversify economy
ECONOMY Sep 20th at 09:44

PM calls for Kingdom to diversify economy

Prime minister Hun Sen said that the Kingdom needs to speed up the diversification of its economy and maintain macro-economic stability.

‘No complaints filed’ after trade remedy law
ECONOMY Sep 19th at 10:02

‘No complaints filed’ after trade remedy law

The Ministry of Commerce official in charge of the Kingdom’s new trade remedy law said that no complaints had been filed by Cambodian businesses since the...

Government leads forum on tourism investment
ECONOMY Sep 19th at 07:55

Government leads forum on tourism investment

The Ministry of Tourism led a forum on investment in the Kingdom’s tourism sector for the first time on Monday in Siem Reap.

Taiwan’s Chailease acquires 60 pct of Cellcard Finance
ECONOMY Sep 18th at 09:31

Taiwan’s Chailease acquires 60 pct of Cellcard Finance

Taiwanese financial firm Chailease Holding announced on Thursday that it has inked a deal to acquire a 60 per cent stake in the Royal Group-owned microfinance firm...

Kingdom leaders eye $5B mark as trade with VN continues rally
ECONOMY Sep 17th at 13:24

Kingdom leaders eye $5B mark as trade with VN continues rally

The bilateral trade volume between Vietnam and Cambodia continued to grow during the first seven months of this year, prolonging an increase after three years of...

Economy speeding up: AMRO
ECONOMY Sep 14th at 10:41

Economy speeding up: AMRO

The economy seems to be expanding at a faster pace this year, with the Kingdom’s projected growth rate sitting slightly above last year’s seven per cent, a new...

PM says wages will be handed out twice per month starting next year
ECONOMY Aug 30th at 09:13

PM says wages will be handed out twice per month starting next year

Prime Minister-designate Hun Sen announced on Wednesday that public and private institutions in the Kingdom will begin paying workers fortnightly starting next...

Chinese delegation scopes out Kingdom
ECONOMY Aug 28th at 10:39

Chinese delegation scopes out Kingdom

A group of Chinese entrepreneurs are on a four-day visit to the Kingdom to explore investment opportunities to expand their presence in the country.

Kingdom’s trade with UK passes $1B mark
ECONOMY Aug 23rd at 15:53

Kingdom’s trade with UK passes $1B mark

Two-way trade between Cambodia and the UK surpassed $1.2 billion last year, an increase of seven per cent over 2016, a report released by the UK embassy on Tuesday...

Firm link up to focus on digital media
ECONOMY Aug 22nd at 13:43

Firm link up to focus on digital media

Regional media agency Phibious Indochina and local firm Active Communications announced their merger and joint launching of a new business model focusing on digital...

Read More

MOST READ

Back To Top