Cambodia’s GDP to see negative growth in 2020: IMF World

Cambodia’s GDP to see negative growth in 2020: IMF

The International Monetary Fund (IMF) has forecasted that Cambodia's Gross Domestic Product (GDP) will experience a negative growth of 1.7 percent in 2020 due to social distancing measures to contain the COVID-19 pandemic.
FDI flow into Cambodia picks up 11.7 percent in 2019 World

FDI flow into Cambodia picks up 11.7 percent in 2019

Cambodia lured more than 3.58 billion USD in foreign direct investment (FDI) in 2019, a year-on-year surge of 11.7 percent, with Chinese investment accounting for 43 percent of the total figure, according to the National Bank of Cambodia (NBC).
Vietnam, Cambodia’s central banks look to foster partnership Business

Vietnam, Cambodia’s central banks look to foster partnership

Leaders of the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) met in Phnom Penh on September 16 at an annual conference to share experience in macro-economy management, especially in finance-banking, and seek ways to strengthen cooperation in personnel training.
WB: Cambodia’s exports to EU could decline World

WB: Cambodia’s exports to EU could decline

Cambodia's exports to the European Union (EU) could see an estimated decline of 513 - 654 million USD a year if the EU suspends the Everything But Arms (EBA) trade preferences for the country, said a World Bank's report released on May 6.
WB forecasts Cambodia’s economy grows 7 percent in 2019 World

WB forecasts Cambodia’s economy grows 7 percent in 2019

Cambodia’s economy is projected to expand 7 percent in 2019, lower than the rate of 7.5 percent recorded in the previous year as export moderate in line with a fall in global demand, according to the World Bank (WB)’s report.
Cambodia to sue EU over rice tariff World

Cambodia to sue EU over rice tariff

Cambodia has announced that it will file a lawsuit against the EU to the European court after Brussels applied high tariffs on rice exported from the Southeast Asian country.
Cambodian economy to remain robust in medium term World

Cambodian economy to remain robust in medium term

Cambodia's economy is predicted to stay robust in the short and medium terms despite the uncertainty of preferential tariff system granted to the country by several trading partners, according to Cambodian Minister for Economy and Finance Aun Pornmoniroth.
Cambodia records major socio-economic achievements World

Cambodia records major socio-economic achievements

Cambodia has attained various socio-economic achievements over the past years, a success of the political platform and the Rectangular Strategy – Phase III of the Cambodian Government led by Prime Minister Hun Sen.