News

Phnom Penh is the most vaccinated capital in the world with around 99 percent of adults fully vaccinated, according to Mekong Strategic Partners (MSP). ...

Next year’s national election is unlikely to slow the rapid pace of bank lending growth but could put a temporary crimp in deposits, though the sector is expected to have sufficient liquidity to absorb the impact, according to a report released yesterday. ...

Cambodia’s economy is expected to grow at 6.9 percent this year, the same rate it expanded last year, due to slowing growth in leading economies in region, especially China, Asia’s largest and the world’s second-largest economy, according to the World Bank. ...

Cambodia must work to close the skills gap between its labor force and the domestic job market in order to maintain its economic growth, according to a report released on Monday by the Asian Development Bank and the International Labor Organization. ...

The value of Cambodia’s international trade increased by about 9 percent in the first six months of this year compared with the same period last year, according to the latest data from the Commerce Ministry. ...

At least $1 billion in surplus liquidity is sitting idle in Cambodia’s banking system and could be unlocked if the central bank implemented a more effective interbank lending mechanism, experts say. ...

Both deposits and loans in Cambodia’s banking sector increased about 30 per cent last year, a rise that industry insiders say is a productivity boost for the Kingdom’s economy. By the end of December, deposits at all Cambodian banks reached $10 billion, a 32 per cent ...

High returns on investment and healthy interest rates are helping Cambodia’s microfinance sector continue its rapid expansion, according to Cambodia-based investment firm Mekong Strategic Partners. With an average of 22 per cent return on equity and 48 per cent increase in loans across Cambodia’s 27 microfinance ...