News

Soft loan from Sweden

Sweden loaned Cambodia US$57 million yesterday for economic country development and cooperation for the duration of 2012-2013. The agreement was made between Cambodia’s Economic Minister Keat Chhon and Swedish ambassador to Cambodia Anne Hoglund at the Council for the Development of Cambodia (CDC) yesterday morning. Keat Chhon ...

May Kunmakara
http://www.phnompenhpost.com/index.php/2012090658528/Business/soft-loan-from-sweden.html

ASEAN infrastructure fund on track for May

The region’s finance ministers on Friday set a May launch date for the ASEAN Infrastructure Fund (AIF), a financing project expected to lend as much as US$4 billion to member countries through 2020. Speaking at the opening the ministers’ meeting, Prime Minister Hun Sen called ...

http://www.phnompenhpost.com/index.php/2012040255364/Business/asean-infrastructure-fund-on-track-for-may.html

Banks spared flooding woes

Cambodia’s banks should be largely spared the heavy damages already seen in many parts of the Kingdom’s economy, officials said yesterday, though microfinance lenders will feel some impact. Minister of Economy and Finance Keat Chhon last week revised downward the government’s gross domestic products for 2011 ...

http://www.phnompenhpost.com/index.php/2011101952199/Business/banks-spared-flooding-woes.html

CSX trading postponed again until next year

Trading on the Cambodia Securities Exchange will be delayed once again until the beginning of 2012, Minister of Economy and Finance Keat Chhon said yesterday. He blamed an incomplete regulatory regime and the public’s lack of confidence in the stock market as reasons for the delay, ...

http://www.phnompenhpost.com/index.php/2011101252082/Business/csx-trading-postponed-again-until-next-year.html

CAMBODIA HOSTED 7TH ASIA ECONOMIC FORUM

Cambodia, on Saturday, hosted the 7th Asia Economic Forum ( AEF) under theme of “The Asian Century in the Making: Achievements, Challenges and Future Trends” while highlighting the majority of the region’s demonstrated remarkable resilience against the global economic and financial crises, while major superpowers ...

http://thesoutheastasiaweekly.com/?p=1305

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