News
World Bank revises 2013 growth figures
The World Bank has revised its growth prediction for Cambodia upwards to 7 per cent for 2013, from its January prediction of 6.7 per cent, a revision it attributes to the performance of the Kingdom’s agriculture, tourism and garment sectors. Cambodia’s outlook is generally positive, according ...
http://www.phnompenhpost.com/2013042965287/Business/world-bank-revises-2013-growth-figures.html
Opportunities for Cambodian growth
China’s transition from export-led to domestic-led growth, combined with the rising costs of production, could provide opportunities for Cambodian growth and diversity, analysts say. Faisal Ahmed, the IMF representative for Cambodia, said the Kingdom was already experiencing an increase in trade activity as a result of ...
http://www.phnompenhpost.com/2013012560983/Business/opportunities-for-cambodian-growth.html
Central bank mulls its inflation response
Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising prices ...