News

Moody's offers update on Kingdom's credit outlook

Improved fiscal management and preparation for a decline in foreign aid would help increase Cambodia’s credit rating, according to a quarterly credit opinion from Moody’s Investor Service, which maintained a stable outlook for the country. Reduced exposure to crisis and stagnation in Western economies, continued foreign ...

http://www.phnompenhpost.com/index.php/2011120153072/Business/moodys-offers-update-on-kingdoms-credit-outlook.html

FDI soars 250% over last year

Foreign direct investment in the Kingdom soared 250 per cent year-on-year through August even despite the West’s economic woes, Deputy Prime Minister Sok An said yesterday. A total of 87 projects worth US$5.6 billion were approved by the Council for the Development of Cambodia during the ...

http://www.phnompenhpost.com/index.php/2011101352107/Business/fdi-soars-250-over-last-year.html

World Bank stops funds for Cambodia over evictions

The World Bank said on Tuesday it had stopped providing loans to Cambodia and would not resume lending until the government did something to help hundreds of families facing eviction from land around a lake in the country's capital, Phnom Penh. "The World Bank's last ...

http://www.reuters.com/article/2011/08/09/cambodia-worldbank-idUSL3E7J920D20110809

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