Responsible business in Cambodia
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Given that most business models are profit-driven, the need for accountable and responsible businesses plays a significant role in minimizing its adverse effects on the environment and society contributing to sustainable development. Based on this basis, the concept of conducting business responsibly goes beyond profit ...
Budget and public procurement
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National budget on uptrendIn the last three years, Cambodia’s national budget has seen significant growth of around US$ 1.6 billion, from US$ 3.4 billion in 201491 to US$ 5 billion in 2017.92 This is an average annual increase of almost 14%. The increase can be ...
Socio-economic impact of COVID-19 on Cambodia
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The first outbreak of COVID-19 was reported in China in late 2019 and on 30 January 2020 the World Health Organization (WHO) declared it as a Public Health Emergency of International Concern (PHEIC).131 The COVID-19 pandemic has affected the global economy and the growing crisis ...