Cambodia > Economy

World Bank revises Cambodia growth forecast to -2 per cent

09/30/2020 07:46

The World Bank has revised its 2020 growth forecast for Cambodia to -2.0 per cent as its main growth drivers – construction, tourism, and merchandise exports – continue to be affected by the Covid-19 pandemic, the economic update said.

Headlines

Cambodia > Economy

‘Gov’t spending on vulnerable sectors crucial in recovery’

10/23/2020 07:46

The government should prioritise its spending on vulnerable sectors in order to boost economic activity and create more jobs during these trying times, according to an International Monetary Fund (IMF) official.

Cambodia > Economy

Japan keen on trade opportunities

10/20/2020 08:26

Rpresentatives of the Cambodian and Japanese private sectors are scheduled to meet on Tuesday and explore opportunities for mutual business and trade promotion, the Cambodian Chamber of Commerce (CCC) said on Saturday.

Cambodia > Economy

Cambodia ready to sign RCEP trade agreement

10/20/2020 08:24

The Regional Comprehensive Economic Partnership (RCEP) is set to be signed next month at the 4th RCEP Summit during the 37th ASEAN Summit in Vietnam in mid-November, Cambodian Minister of Commerce Pan Sorasak said on Sunday.

Cambodia > Economy

IMF: Support for poor key in Covid recovery

10/19/2020 09:11

Emerging markets and developing economies like Cambodia with far fewer resources to tackle the ongoing crisis will need to prioritise critical spending for health and support for the poor, a chief economist at the Washington DC-based International Monetary Fund (IMF) said on October 13.

Cambodia > Economy

Legal service set to shore up Cambodian-Thai trade ties

10/19/2020 09:10

The Cambodian embassy in Bangkok on Friday signed a memorandum of understanding (MoU) with Thai-based iLAWASIA Co Ltd to launch a new service that aims to facilitate and provide legal advice to Cambodian-Thai businesspeople and investors.

Cambodia > Economy

EU urged to invest in Cambodia

10/15/2020 07:43

Minister of Labour and Vocational Training Ith Sam Heng on Wednesday called on Vietnam-based European manufacturers to establish operations in Cambodia to increase their production lines and capitalise on the EU-Vietnam Free Trade Agreement (EVFTA).

Cambodia > Economy

Kingdom, China ink free trade agreement

10/14/2020 07:50

Cambodia and China on Monday signed a bilateral free trade agreement (FTA) following three rounds of negotiations held between January and July.

Cambodia > Economy

Third round of South Korea FTA negotiations concludes

10/13/2020 07:48

Cambodia and South Korea have productively concluded the third round of negotiations on a bilateral free trade agreement (FTA), which is expected to boost bilateral trade and investment once it enters into force.

Cambodia > Economy

Gov’t approves credit guarantee unit to boost business loans in key sectors

10/13/2020 07:47

The government has approved the establishment of the Credit Guarantee Corporation of Cambodia (CGCC) in a bid to provide more funds and salvage businesses in key priority sectors.

Cambodia > Economy

Kingdom, Pakistan vow to enhance trade, investment

10/13/2020 07:45

Cambodia and Pakistan are committed to strengthening trade and investment ties, exploring opportunities across untapped markets, and boosting economic growth.

 

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