News

Economic outlook positive, ease of doing business still lagging: ADB

Cambodia’s economic outlook remains positive and the economy is forecast to grow at a robust 7 percent this year and next year, according to a report released by the Asian Development Bank (ADB) on Wednesday. Growth in exports, strong foreign direct investment, growing tourist arrivals ...

Hor Kimsay
https://www.phnompenhpost.com/business/economic-outlook-positive-ease-doing-business-still-lagging-adb

ADB to launch $60M Labour Ministry program next year

The Asian Development Bank (ADB) is planning to establish a new $60 million program focused on developing local technical skills and increasing the competitiveness of Cambodia’s labour force in 2019, according to Minister of Labour Ith Sam Heng. ... ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/adb-launch-60m-labour-ministry-program-next-year

ADB firms up growth prediction

The Asian Development Bank (ADB) has maintained its growth projections for Cambodia in 2014. The ADB’s midyear outlook for Cambodia, released yesterday, states that Cambodia’s economy still stands to achieve 7 per cent growth by the end of the year, and potentially 7.3 per cent in ...

Eddie Morton
http://phnompenhpost.com/business/adb-firms-growth-prediction

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