News

AMRO forecasts rosier growth for Cambodia in 2024

According to a press release from the ASEAN+3 Macroeconomic Research Office (AMRO) on Thursday, Cambodia’s economy is predicted to grow robustly in 2024, driven by a rise in exports and a continued tourism recovery. ...

Khmer Times Staff
https://www.khmertimeskh.com/501494147/amro-forecasts-rosier-growth-for-cambodia-in-2024/

SCB EIC pegs 6 percent FDI growth for Cambodia

The latest SCB EIC report expects ASEAN CLMV nations, including Cambodia, to witness accelerated economic growth in 2024 due to increasing foreign direct investment compared to prior years. ...

James Whitehead
https://www.khmertimeskh.com/501469147/scb-eic-pegs-6-percent-fdi-growth-for-cambodia/

World Bank sees Cambodia and Philippines as fastest growing developing ASEAN economies this year

The World Bank forecast Monday that GDP in Cambodia and the Philippines would expand by 5.8 percent this year, making the two countries the fastest growing developing economies in Southeast Asia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501466304/world-bank-sees-cambodia-and-philippines-as-fastest-growing-developing-asean-economies-this-year/

AMRO maintains 6.2 percent GDP growth for Cambodia

The ASEAN+3 Macroeconomic Research Office (AMRO) has maintained a 6.2 percent growth for Cambodia in the current year in its January 2024 Quarterly Update. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501425667/amro-maintains-6-2-percent-gdp-growth-for-cambodia/

Surge in industrial sector expected for ‘24

Economists and business leaders anticipate a dynamic 2024 for Cambodia’s industrial sector, with the government expecting it to outpace services and agriculture, driven by a wave of new investment projects. ...

Hin Pisei
https://www.phnompenhpost.com/business/surge-in-industrial-sector-expected-for-24

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

IMF lowers growth forecast for Cambodia due to weak external demand

On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/

Gov’t sticks with 5.6% growth forecast

The government has kept its baseline projection for Cambodia’s economic growth this year at 5.6 percent, which was announced in late January, marking a sharp drop from the 6.6 per cent put forward in October, as the Ukraine conflict and geopolitical unrest caused regional and ...

May Kunmakara
https://www.phnompenhpost.com/business/govt-sticks-56-growth-forecast

NBC’s Chanto: Kingdom’s growth will hit 6% in 2023

The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian Development Bank (ADB), World Bank (WB) and International Monetary Fund (IMF). ...

Rann Reuy
https://www.phnompenhpost.com/national/nbcs-chanto-kingdoms-growth-will-hit-6-2023

WB sticks to Cambodia’s 5.2% growth forecast for 2023

World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...

Manoj Mathew
https://www.khmertimeskh.com/501266499/wb-sticks-to-cambodias-5-2-growth-forecast-for-2023/

Ministry: No plans to revise 6% economic growth forecast

The government is evaluating the current economic situation and monitoring the impact of the ongoing Covid-19 pandemic to determine whether to adjust its six per cent projection for economic growth this year, Ministry of Economy and Finance spokesman Meas Sok Sensan said on Wednesday. ...

Long Kimmarita
https://www.phnompenhpost.com/business/ministry-no-plans-revise-6-economic-growth-forecast

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