Survey says firms confident despite deadlock
Local and foreign firms have a high level of confidence in the current economic climate in Cambodia despite the political deadlock in the country since last year’s disputed election, and are optimistic about business over the next year, according to a study to be released Thursday by ANZ Royal. The ANZ Royal Business Confidence Index, which was completed in cooperation with the London-based market research company TNS, gives business confidence in Cambodia an overall score of 83 out of 100, indicating a high level of confidence, a briefing document for the index says. A total of 40 CEOs and financial officers from the country’s service, agricultural and industry sectors were asked how confident they feel about the prospects of their business over the next 12 months in terms of revenue, profitability, headcount and capital expenditure. …
Joshua Wilwohl
http://www.cambodiadaily.com/business/survey-says-firms-confident-despite-deadlock-58295/
