News

Trade pressures on Cambodia

Cambodia’s economic policies are relatively liberal for the region, and its investment and trade regimes remain attractive. However, being a small and open economy, Cambodia is susceptible to external changes and shocks. Global trade growth slowed in the second half of 2022 and further deceleration ...

Khmer Times Staff
https://www.khmertimeskh.com/501307802/trade-pressures-on-cambodia/

Kingdom may exit LDC ‘by 2028’ on RCEP

The Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country (LDC) status by 2028, according to the commerce minister on March 14. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-may-exit-ldc-2028-rcep

Economic changes needed, says ADB

A lead economist working with the Asia Development Bank (ADB) has said that Cambodia needs to rethink its economic model, which is heavily based on export-driven growth, as it prepares to shed least developed country (LDC) status, a transition that is expected to take place by ...

May Kunmakara
http://www.khmertimeskh.com/5084612/economic-changes-needed-says-adb/

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