Cambodia

ACLEDA Bank has called an extraordinary shareholders meeting to approve an investment by North Haven Thai Private Equity Rumdul Company...

Cambodia’s economy will grow 2.2% before recovery, says IMF

The International Monetary Fund says Cambodia’s gross domestic product (GDP) will grow 2.2 percent this year, down from a previous...

Businesses in Cambodia are hopeful for a boost in trade for Pchum Ben festival

Businesses in tourist hotspots are more hopeful of a boost in trade this year as temples are closed during Pchum...

Cambodia and Australia signed MoU on food investment

Cambodia and Australia have signed a memorandum of understanding (MoU) on the financing arrangements for an Agri-Food Investment Desk (AFID)...

Cambodia’s tax revenue may not benefit from avoidance system

Cambodia may not benefit from joining the 130 countries that have signed up for the domestic tax base erosion and...

ADB approves $82 million loan to Cambodia towards road improvement projects

The Asian Development Bank (ADB) recently approved of a loan of $82 million to improve national and provincial roads in...

Rabbit Island resort investment project starts construction in Kep province

Rabbit Island development investment, the $130 million worth multiple resort project located in Koh Tonsay island, 4 km offshore of...

Cambodia rice production losses caused by droughts about $100 million

Cambodia rice production losses caused by droughts came to an estimated $100 million in the Kingdom, a Ministry of Environment...

The IMF says rapid spread of the coronavirus from February this year has set Cambodia’s economy back

An International Monetary Fund (IMF) team led by Alasdair Scott held virtual meetings with the Cambodia authorities on the 2021...

Tourism alone won’t drive Cambodia’s economic recovery, ADB president comments