IMF predicts continued recovery for Cambodian economy

An International Monetary Fund (IMF) team led by Davide Furceri, assessed Cambodia’s economy and predicted growth in the coming years. The IMF report reveals that the country’s economy is steadily recovering from the impacts of the COVID-19 pandemic, although it still faces challenges from both ...

Khmer Times Staff

Vietnam, Cambodia look to boost cooperation

Vietnamese Ambassador to Cambodia Nguyen Huy Tang on October 23 met with Second Vice President of the Cambodian National Assembly (NA) Vong Sauth. ...

Khmer Times Staff

Growth pegged at 5.5% for ‘23 recovery stage by World Bank

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...

May Kunmakara

Financial stability linked to monetary policy, says Chea Serey

The financial stability of a country is linked to its monetary policy, said Chea Serey, Governor of the National Bank of Cambodia, yesterday. ...

Chea Vanyuth

Cambodia’s economy continues to recover strongly, says AMRO

An initial research by an international economic and financial research organisation shows that Cambodia’s economy has continued to recover strongly with a high growth rate that is supported by more active domestic economic activities and growth in its service sector, according to a statement released ...

Kang Sothear

PM predicts 5.6% economic growth

While meeting with nearly 20,000 garment workers from 12 factories in Tram Kak district, Takeo province on June 11, Hun Sen said that Cambodia’s economy grew exponentially in the two decades that preceded the Covid-19 pandemic. ...

Van Socheata

ADB offers Covid recovery package

Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...

May Kunmakara

Cambodia’s increasing business registration reflects economic recovery

The Ministry of Commerce registered 10,701 new companies and enterprises in 2022, up 40 percent from 2021, reflecting Cambodia’s post pandemic economic recovery, said a report of the Ministry of Commerce released earlier this week. ...

Khmer Times Staff

Cambodia, Laos, Myanmar and Vietnam to grow stronger this year, says Thai bank

The Economic Intelligence Centre of the Siam Commercial Bank forecasts the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, will gain a stronger growth momentum in 2023, but remain below its growth potential prior to the COVID-19 outbreaks. ...

Khmer Times Staff

Cambodia’s National Bank says banking system plays active role in continuing to support economic recovery

The National Bank of Cambodia (NBC) said the banking system has played an active role in continuing to support the economic recovery by continuing to provide appropriate financial services to meet economic needs. ...

Khmer Times Staff

Foreign tourists to reach 3m in 2023

Tourism leaders remain confident the sector will further rebound in 2023, attracting three million international arrivals. ...

Chhorn Raksmey

Dialogue eyes key role of youth in RCEP region’s growth

Investing in and empowering young people is vital for members of the Regional Comprehensive Economic Partnership free trade pact to shore up sustained growth and accelerate global economic recovery amid the ravaging COVID-19 pandemic, leading scholars and media executives said. ...

Khmer Times Staff

WB allots $274M for recovery

Cambodia is set to receive a $274 million credit from the World Bank (WB) “to promote a resilient recovery from the recent economic shocks” stemming from ongoing geopolitical competition among major powers and the Covid-19 crisis, more than two years on from the start of ...

May Kunmakara

Cambodia calls for stronger regional ties

Prime Minister Hun Sen called for enhanced cooperation among countries in the region to achieve a sustainable economic recovery in a speech delivered on Sunday at a forum where experts also highlighted the benefits of green and digital transitions. ...

Khmer Times Staff

ASEAN Economic Club opens with call for inclusive and sustainable recovery

Cambodian Prime Minister Hun Sen launched the ASEAN Economic Club at a forum on Sept 12 with a call for enhanced cooperation among regional countries for sustainable and inclusive economic recovery. ...

Khmer Times Staff

COVID-19 vaccines boost Cambodia’s economic growth: PM

Covid-19 vaccines have helped boost Cambodia’s economic recovery and growth since last November, the country’s Prime Minister Hun Sen said on Thursday. ...

Khmer Times Staff

Cambodia’s economic recovery takes a knock with prevailing oil price shock

Cambodia is now weathering an oil price shock, just as the economy had started to recover amid a rollback of COVID-19-related restrictions. ...

Khmer Times Staff

Tourism sector moves toward recovery with more 300,000 tourists recorded last weekend

Following the celebration and influx of tourists during the Khmer New Year, Cambodia has recorded an increase in weekly tourists last weekend, as the country moves toward the recovery of its tourism sector. ...

Khmer Times Staff

Khmer New Year celebration lifts economic recovery hopes

Cambodia ended last week’s three-day holiday of Khmer New Year, when 4.58 million people toured nationwide, a positive move benefiting local tourism-related businesses that have been recovering from the Covid-19 pandemic. ...

Chea Vanyuth

Chinese vaccines save lives, drive economic recovery in Cambodia

Chinese COVID-19 vaccines have not only protected lives and stabilized the health system, but also helped boost economic recovery in Cambodia, officials and experts said Tuesday. ...

Khmer Times Staff

World Bank gives key recommendations for Cambodia’s economic recovery

The blow to Cambodia’s economy from the COVID-19 pandemic was among the most pronounced in East Asia, but the country can regain sustained economic growth by increasing productivity among firms and workers, diversifying exports, and taking steps to boost domestic investment, the World Bank says ...

Khmer Times Staff

Government continues recovery measures against COVID-19 impacts

The Royal Government continues measures to mitigate the socio-economic fallouts of the COVID-19 pandemic and to support businesses to get back on track for the recovery stage. ...

Khmer Times Staff

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