IMF predicts slowdown on horizon for growth figures
Cambodia’s economic growth will remain on course this year but will likely slow in the coming years to 6 percent as investment tapers off and credit growth tightens, according to an updated note by the International Monetary Fund (IMF) released on Friday. ...
Post Staff
http://www.phnompenhpost.com/business/imf-predicts-slowdown-horizon-growth-figures
World Bank says Cambodia’s economy on recovery path, forecast 4.8 percent GDP growth for this year
Cambodia’s economy is recovering well after COVID-19, but global headwinds could pose risks to a positive outlook in months to come, the World Bank said in a report released yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501198797/world-bank-says-cambodias-economy-on-recovery-path-forecast-4-8-percent-gdp-growth-for-this-year/
IMF reviews Cambodia’s economy
Cambodia’s economic growth is predicted to expand by 5.3 percent in 2023 and six percent in 2024, according to the International Monetary Fund (IMF) after concluding a mission in the country. ...
Meas Molika
https://kiripost.com/stories/imf-reviews-cambodia-economy
Cambodia’s graduation from LDC set for 2029
Cambodia is expected to see the graduation from the Least Developed Country (LDC) status in 2029, two years longer than previously scheduled 2027. ...
Chea Vanyuth
https://www.khmertimeskh.com/501470296/cambodias-graduation-from-ldc-set-for-2029/
Bank will offer loans to farmers
Chief Cambodia Specialized Bank, a subsidiary of a Hong Kong-based brokerage firm, will begin operations in Cambodia next month, its management said on Monday. Sokun Chakriya, head of marketing and sales at Chief Cambodia, said the bank aims to increase access to finance in Cambodia’s agricultural ...
Hor Kimsay
http://www.phnompenhpost.com/business/bank-will-offer-loans-farmers
Hungarian commercial office to open in capital
Hungarian businesses are keeping their eyes on Cambodia for investment, said László Kövér, speaker of the National Assembly of Hungary, during an official visit to the Kingdom. ...
Ven Rathavong
http://www.khmertimeskh.com/news/17449//
New forestry committee formed
The government has created a new national committee to tackle forest land clearing and grabbing. However, the move was immediately shot down by a prominent forest activist who said it would be ineffective, given the systemic collusion between the authorities and land grabbers. ...
Voun Dara
https://www.phnompenhpost.com/national/new-forestry-committee-formed
Government responds to UN human rights concerns
Government officials on Monday hit back at UN Human Rights Council (UNHRC) criticisms expressed ahead of the UN’s Universal Periodic Review (UPR) scheduled for next month. ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/government-responds-un-human-rights-concerns
Increased Chinese rice exports MoU to be signed at 2nd BRF
Prime Minister Hun Sen is set to sign a memorandum of understanding (MoU) on increased rice quotas with China at the 2nd Belt and Road Forum for International Cooperation in Beijing, according to a statement on Wednesday from the Ministry of Commerce. Minister of Commerce ...
Hin Pisei
https://www.phnompenhpost.com/business/increased-chinese-rice-exports-mou-be-signed-2nd-brf
Phnom Penh air quality levels disputed
The first readings of the capital’s PM2.5 concentration, a major indicator of air quality, show that levels of the harmful particulates are “still low”, said Thiv Sophearith, chief of the Ministry of Environment’s Air Quality, Noise and Vibration office, though an environmental specialist yesterday challenged ...
Jovina Chua
http://www.phnompenhpost.com/national/phnom-penh-air-quality-levels-disputed
Gov’t to borrow $300M from investors next month
The Ministry of Economy and Finance (MEF) Wednesday announced that it will borrow $300 million from the public and institutions by issuing its first three types of government bonds eight times from September to the end of this year. ...
Kang Sothear
https://www.khmertimeskh.com/501138957/govt-to-borrow-300m-from-investors-next-month/
UN Rights review ‘Not business as usual’
With rebuke raining down on the ruling CPP for its judicial assault, arrests and intimidation of the political opposition and other critics, Cambodia’s annual assessment by the U.N. Human Rights Council will be held next week in Geneva. ...
Janelle Retka
https://www.cambodiadaily.com/news/un-rights-review-not-business-usual-117790/
Cambodia exports to US rise by over 10 pct
Driven by a slowly recovering American economy, Cambodian exports to the US increased 11 per cent in the first quarter of 2014 compared with the same period last year, according to the latest US government data. Cambodian exports from January to March totalled $771 million, up ...
Eddie Morton
http://www.phnompenhpost.com/business/cambodia-exports-us-rise-over-10-pct
Banks give students some tips
The first Banking Careers Forum, organised on Friday by CamEd Business School with the support of leading banks and Micro Finance Institutions (MFIs), attracted hundreds of students – the majority of them studying accounting and banking – to participate and find job opportunities in the ...
http://www.phnompenhpost.com/2013010760648/Business/banks-give-students-some-tips.html
Credit growth poses economic risk, IMF warns
Rapid credit growth – increasingly financed by bank flows from abroad – poses significant risk to Cambodia’s economy and requires prudential policies to cool lending and reduce exposure, the International Monetary Fund (IMF) warned in a report released yesterday. It said while Cambodia’s short-term economic ...
Cam McGrath
http://www.phnompenhpost.com/business/credit-growth-poses-economic-risk-imf-warns
Villagers want compensation for Lower Sesan 2 Dam construction
A group of eight villagers from Stung Treng and Ratanakkiri provinces facing displacement by the construction of the Lower Sesan 2 dam lodged a petition Thursday with the Chinese Embassy and three ministries demanding that the developer negotiate with them. “The affected families have never been ...
Kuch Naren
http://www.cambodiadaily.com/news/villagers-want-compensation-for-lower-sesan-2-dam-construction-52244/
Rubber draft law addresses regulatory holes
The government is drafting a rubber law to regulate the sector in response to the rapid growth of rubber plantations across the country, an official said. Ly Phalla, director general of the General Directorate of Rubber at the Ministry of Agriculture, Forestry and Fisheries, said officials ...
http://www.phnompenhpost.com/2013042665257/Business/rubber-draft-law-addresses-regulatory-holes.html
Cambodian PM to attend 24th ASEAN Summit in Myanmar over weekend
Cambodian Prime Minister Hun Sen will lead a high delegation to attend the 24th ASEAN Summit and Related Meetings to be held from May 10 to 11 in Nay Pyi Taw, Myanmar, according to a foreign ministry’s statement on Monday. The prime minister will be accompanied ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/05/c_133311730.htm
Talks Urged for Disputed Oil Zone
Energy planners are pushing the revival of talks with Cambodia on the oil-rich overlapping claims area (OCA) between the two countries to ensure energy security. They also urge all parties not to turn it into a political issue so that the talks stand a chance ...
http://www.bangkokpost.com/business/economics/253345/talks-urged-for-disputed-oil-zone
Food safety draft law under study
The draft Law on Food Safety is now being studied by the Council of Ministers and is expected to be approved before the end of the year, government officials said. Tech Seak Ngon, general department of customs and excise deputy director, yesterday told a press ...
Mom Kunthear
https://www.khmertimeskh.com/50600367/food-safety-draft-law-under-study/