News

Cambodia improves in WEF global competitiveness ranking

Cambodia, which has shed its status of ‘Sick man of Asia’ is becoming more competitive economically, and the world is starting to notice it. The 2019 Global Competitiveness Report, which was released by the World Economic Forum (WEF) on Oct 8, ranked Cambodia 106th out of ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50650070/cambodia-improves-in-wef-global-competitiveness-ranking/

ADB approves $60 million loan for skills training

Asian Development Bank yesterday approved a $60 million loan to Cambodia to boost labor skills and competitiveness and help the government’s efforts to transit the economy into a skills-driven one. Cambodia is ranked 110th out of 140 economies in the 2018 Global Competitiveness Report, based on ...

May Kunmakara
https://www.khmertimeskh.com/50617576/adb-approves-60-million-loan-for-skills-training/

Commentary: Cambodia can no longer depend on old drivers of growth

After it graduated from least developed country status in July 2016, Cambodia’s economy has remained healthy with a GDP growth rate of 6.9 per cent in 2017. This was driven by the recovering tourism sector, the ongoing construction boom and the gradual emergence of non-textile ...

Heng Pheakdey
https://www.channelnewsasia.com/news/asiapacific/commentary-cambodia-can-no-longer-depend-on-old-drivers-of-9918992

Competitiveness ranking slips

A lack of innovation has contributed to Cambodia dropping seven spots on the World Economic Forum’s 2014-15 Global Competitiveness Report (GCR), which was released on Wednesday. The Kingdom ranked 95th out of 144 countries, down from 88th in the previous report, according to the GCR. Apart ...

Hor Kimsay
http://phnompenhpost.com/business/competitiveness-ranking-slips

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