Economy

August 3, 2021

Business community aims for ‘V-shaped recovery’ after COVID vaccinations as GDP growth downgraded to 2.5% for 2021

Cambodia’s international business community remain ‘bullish’ on the local economy despite the recent GDP growth downgrade citing an ultra-fast vaccination…

July 23, 2021

Sovereign bonds needed as Cambodia forecast to graduate from LDC status by 2028: UNDP

Cambodia is forecast to graduate from its Least Developed Country (LDC) status in either 2027 or 2028, according to report…

July 19, 2021

Updated investment law aims to increase capital inflows and diversify investments

Cambodia’s international business community has welcomed the newly approved Law on Investment which aims to increase capital inflow and encourage…

June 28, 2021

Cambodian exporters prepare for new European Union VAT regulation

The European Union (EU) has implemented major changes to its value-added tax (VAT) rules, which come into effect on July…

June 7, 2021

US diplomat flags ‘energy and infrastructure’ as key inflow sectors during meeting with PM

Harrison WhiteUnited States Deputy Secretary of State Wendy Sherman has expressed interest in more US investment in Cambodia’s energy and…

June 3, 2021

Official FDI inflow remained steady at $3.5b in 2020

Harrison WhiteThe official amount of Foreign Direct Investment (FDI) inflow to Cambodia last year remained steady at $3.5 billion down…

May 31, 2021

IMF predicts economic growth and stable inflation for Cambodia in 2021

Harrison WhiteThe International Monetary Fund (IMF) has predicted the Cambodian economy will grow 4.2% this year and 6% in 2022,…

May 20, 2021

Cambodia – UK trade benefits to receive grace period after LDC graduation

Cambodia – UK trade preferences will have a three-year grace period under its Generalised System of Preference when the country…

May 13, 2021

US franchisors identify Cambodia as ‘next step’ market

Harrison WhiteNine US franchisors have participated in a US Embassy virtual expo after identifying Cambodia as a ‘next step’ market…

May 12, 2021

AMRO urges more FDI inflow is needed in three priority sectors

Harrison WhiteSingaporean-based ASEAN+3 Macroeconomic Research Office (AMRO) has again expressed the need for more foreign direct investment into Cambodia’s heath,…