Sustainable supply chains, fair trade certifications, and organic products are fast becoming consumer priorities in the EU and if Cambodia can produce high yields of quality products, exporters, farmers, and processors stand to benefit.
Cambodia’s leading financial associations have responded to a formal complaint made by two civil society organizations to the Compliance Advisor Ombudsman (CAO) of the International Finance Corporation alleging the World Bank member has failed to meet its own performance standards.
Consumer credit in Cambodia has hit $12.5 billion in the first quarter of 2022, representing an increase of 5% quarter-on-quarter as accounts overdue by 30 days or more jumped 21% to a total of 2.35%, according to data supplied by Credit Bureau of Cambodia.
One of the world's largest investment firms Morgan Stanly has purchased $43.23 million of Acleda Bank shares through Cambodia Securities Exchange marking the largest ever Negotiated Trading Method (NTM) buy.
According to official CSX quarterly statistics 97% of trade was from investor’s local investors and 91% where individual with Acleda Bank bar far the most traded stock with over $22.03 million a 1231% year-on-year increase.
Hotels in Cambodia’s tourist center of Siem Reap hit almost 100 percent occupancy over the Khmer New Year holiday as over 400,000 tourists travelled to the province, but a full recovery for industry is still looking to be a long-time coming.
While not showing any spectacular growth the Phnom Penh real-estate sector remained robust in the first quarter of 2022, with many areas offering scope for optimism, according to a press conference hosted by CBRE Cambodia.
Phnom Penh’s most anticipated Mixed Use Development, Global Tech Exchange (GTECH) is officially open for leasing beginning April 1st, offering grade A offices and retail spaces, and also houses the country’s first Hilton Hotel.