News

IMF projects further acceleration in Cambodian growth

The International Monetary Fund is projecting further modest acceleration in Cambodia’s rate of economic  expansion over the next five years. In the latest World Economic Outlook released Tuesday, the IMF projects that Cambodia’s gross domestic product will grow from an estimated 7.0 percent last year to ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=M2VkZmJjNTE5ZjU

Reserve rate doesn't worry local banks

Bankers have raised no concerns over the National Bank of Cambodia’s increase to the reserve requirement rate in order to maintain the stabilization of cash flow and inflation during a time of global financial difficulty. The increase, from 12 to 12.5 per cent, issued late last month, was ...

http://www.phnompenhpost.com/index.php/2012102359366/Business/reserve-rate-doesnt-worry-local-banks.html

Cambodia must seek new trade partners

Cambodia will no doubt look to partners other than the US and the European Union to bolster its economic growth as those key export markets continue to struggle, a senior International Monetary Fund official says. One way in which Cambodia would forge new and growing relationships with higher-income ...

http://www.phnompenhpost.com/index.php/2012042355701/Business/kingdom-must-seek-new-trade-partners.html

IMF says GDP will grow to 6.7 percent this year

The International Monetary Fund yesterday estimated that economic growth in Cambodia would reach 6.7 percent this year, though it warned that a slowdown in the US and Europe could lead to a dip in the economy. In its world economic outlook, the IMF also predicted that ...

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