News

In its Cambodia Economic Update, the World Bank has said that the country’s commercial real estate sector faces increased risks as financial conditions tighten. ...

The World Bank in its Cambodia Economic Update issued earlier this month said that the country’s Cambodia’s exports to the United States are more diversified than those to the EU. ...

Prime Minister Hun Sen recently predicted that the country’s economy may contract 1.9 percent this year due to the COVID-19 pandemic. In a circular on budget planning for 2021-2023, he said Cambodia has recorded a strong fall in demand from its trading partners. ...

The Asian Development Bank (ADB) has predicted that the real economic growth of Cambodia will reach 2.3 percent this year and will be around 5.7 percent in 2021, according to the newly released report on ADB’s flagship annual economic publication titled, Asian Development Outlook 2020. ...

Possible E.U. trade sanctions, rising indebtedness and slowing foreign investment — which “peaked” last year — pose substantial risks to the Cambodian economy despite continuing strong growth, the World Bank said in its latest country update. ...

Cambodian bicycle exports to the EU amounted to 1.52 million individual units last year valued at $331 million, according to a World Bank report released on Monday. The report – called Cambodia Economic Update – revealed that bicycles are Cambodia’s third main export to the ...

Cambodia’s economy is expected to grow by 6.9 per cent in 2015, driven by the construction sector, while traditional growth areas, such as garments and tourism, are expected to see a relative slowdown this year, according to a World Bank economic report.Yesterday’s update on the ...

Cambodia’s tax department is under-resourced and understaffed, thereby hindering its ability to generate revenue, according to an Asian Development Bank (ADB) analysis released earlier this month. The analysis, which took into account survey results from 22 tax revenue bodies across Asia between 2012 and 2013, paints ...