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Cambodia > Economy

World Bank outlook remains bright despite political concern

23/11/2017 08:26 | 0 comments

Cambodia’s economy is predicted to remain strong and resilient for the next two years, fuelled by a shift to higher value-added manufacturing, despite lingering concerns over political stability and the slowed growth of both the construction and garment sectors, the World Bank said yesterday in its latest review of the Cambodian economy.

Cambodia > Economy

Cambodia to sustain strong growth: World Bank

23/11/2017 08:24 | 0 comments

Cambodia’s economy is predicted to remain strong and resilient for the next two years, fueled by a shift to higher value-added manufacturing despite lingering concerns over political stability and the slowed growth of both the construction and garment sectors, the World Bank said yesterday in its latest review of the Cambodian economy.

Cambodia > Economy

China business delegates bullish on Cambodia

23/11/2017 08:22 | 0 comments

Delegates gathered at the Cambodia-Fujian Business and Tourism seminar in Phnom Penh yesterday to discuss opportunities for investment in the Kingdom through increased trade in both the energy and garment sector.

Cambodia > Economy

Cambodian dating apps lucky in love, not money

22/11/2017 07:36 | 0 comments

Finding love is never easy.Monetising it, meanwhile, is another thing entirely.

Cambodia > Economy

AEC presents migrant hurdles

20/11/2017 15:31 | 0 comments

With cross-border flows of migrant workers rapidly increasing since the founding of the Asean Economic Community (AEC) in 2015, industry insiders claim that this change has had both positive and negative effects on the Kingdom by reducing the levels of unemployment while highlighting the need for greater protections of worker rights.

Cambodia > Economy

US review of GSP scheme expected to be smooth

17/11/2017 07:46 | 0 comments

With the recent launch of a new US initiative to ensure that developing countries benefiting from duty-free access are in compliance with the eligibility requirements of the Generalized System of Preferences (GSP) scheme, a representative of the industry body representing Cambodia’s garment sector said yesterday improvements in working conditions should keep the Kingdom above scrutiny.

Cambodia > Economy

First three winners of Smart Axiata fund announced

16/11/2017 08:19 | 0 comments

The first three recipients of funding from the Smart Axiata Digital Innovation Fund (SADIF), a $5 million venture capital fund committed to digital service companies and startups, were announced yesterday, while Smart also welcomed Forte Insurance (Cambodia) Plc as a co-investor in the fund.

Cambodia > Economy

E-shops get creative with Facebook

15/11/2017 08:03 | 0 comments

Despite the contentious rollout of Facebook’s Explore feed that shifts public posts away from private newsfeeds and into a hard-to-find channel, online shopping through social media has thrived in Cambodia with business owners live streaming an array of products to prove authenticity and boost sales.

Cambodia > Economy

First three winners of Smart Axiata fund announced

15/11/2017 08:00 | 0 comments

The first three recipients of funding from the Smart Axiata Digital Innovation Fund (SADIF), a $5 million venture capital fund committed to digital service companies and startups, were announced yesterday, while Smart also welcomed Forte Insurance (Cambodia) Plc as a co-investor in the fund.

Cambodia > Economy

Local ride-hailing apps tripped up by crackdown on tuk-tuks

14/11/2017 08:57 | 0 comments

Popular local ride-hailing applications and their drivers came under fire this past weekend when Phnom Penh saw a city-wide police crackdown on the Indian-style tuk-tuks, with 170 unregistered vehicles being detained by City Hall citing a lack of licence plates.

 
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