Foreign Affairs Ministry announces new strategy to use diplomacy for economic growth
Foreign Affairs Ministry focussing on boosting the economy, culture and tourism.
Tag: economy
Journey to circular economy model is ‘well under way’
Momentum towards embracing circular economy concept is gaining in the Kingdom.
Government insists GDP contraction for 2020 will not be more than -1.9 percent
Gov’t to stand by its forecast that economy will not contract by over -1.9% this year.
‘Uncertainty’ remains over economic outlook
World Bank forecasts a sharp contraction of -2% for the local economy this year.
Market Watch
The US economy added 1.4 million jobs in August and the unemployment rate fell to 8.4 percent.
$19 billion international reserves encourage more investment
Cambodia’s healthy gold reserves add to the country’s key elements, such as peace, political stability and macro-economic development to re-affirm that Cambodia’s overall position is still in good shape.
Poll: China economy rebounds in Q2 after virus hit
China returns to growth in the second quarter after its first contraction in decades.
New measures for Cambodia economic ‘survival’ mode
Gov’t has been shaping its economic measures accordingly in face of COVID-19.
Industry leaders continue to call for further economic support
Business advocates call on government to further support the local economy.
US presidential election threatens public health
Trump: “there’ll be more death” in the push to reopen the country’s economy, but “we have to get our country back”.
How many deaths can we afford?
What we should consider more important: protecting the health of every single individual, or protecting the economy from a devastating crisis.
Coordinated measures needed to avoid global economic doomsday scenario
The repercussions of the epidemic are quickly rippling through the global supply chains and the international markets.
COVID-19 and the global economic fallout
One expert at the International Monetary Fund (IMF) estimated that the virus would cost China as much as $196 billion from January to February 2020.
Business prospects for 2020
2019 is now over but can its legacy of a robust economy, and a generally good business climate be sustained?
Asian century and a community of shared future
Asia is the most dynamic and promising region in the world today, but it is also facing enormous risks and challenges due to internal diversity, complexity and external forces.
Is Cambodia the right place for Japanese investors?
Miyao Masahiro shares his institution’s view on the Kingdom’s economy.
Looking to the future for humans
What are the top five trends in the global economy as revealed by the Global Competitiveness Index 4.0 in 2019 and what are the implications for policymakers?
S. Korea cuts interest rate as Japan row rumbles
South Korea’s central bank cuts its key interest rate to the lowest point in two years.
Identity is not just a catchword for radicals
The current global struggle for identity reveals a weakness in our concept of democracy: Textbooks set out the assumption that good education is the basis for economic progress. Within a generation, so the story goes, better education will lead to a more developed economy.
Chinese advance with their country
October 1 marks the 70th anniversary of the founding of the People’s Republic of China (PRC). The average age of Chinese people is 37 years old, which means they have accompanied China for 37 years.
GDP growth dominated by traditional sectors in 2019, ADB says
Cambodia’s economy is expected to grow at 7 percent this year.
German slowdown is a warning signal
It’s fairly easy to talk down an entire economy, especially when the ugly “R” word — standing for a recession — is being used as frequently as it is today. On the other hand, closing ones eyes to the reality isn’t appropriate either.
Tourism in trouble: Hong Kong demos hit economy
Months of protests in Hong Kong have taken a major toll on the city’s economy.
Economic warfare: Enduring its impact
Geopolitical powers are exerting greater might in the various spheres of influence to remodel an international environment that would be to their advantage.
China’s Economy Forging Ahead amid Shocks and Adjustments of International Trade
Recently, some western media have been bad-mouthing China’s economy again, claiming that China’s economic downturn is irreversible. Is it really so?
IMF downgrades world growth, warns of ‘precarious’ 2020
Global trade tensions are sapping the strength of the world economy: IMF warns.
Is Vietnam swimming naked?
Vietnam’s economy has benefitted from a redirection of FDI from China due to a combination of rising wages in China, a shrinking domestic labour force and trade tensions.
Key commerce laws to be passed this year
A raft of new laws to boost the local economy is in the pipeline.
The true impact of North Korea’s sanctions
Bad, but not catastrophic — the most concise summary of the impact of international sanctions on North Korea’s economy. Understanding the reasons behind this assessment will explain why things are likely to remain this way for the foreseeable future.
ADB approves $60 million loan for skills training
ADB approves a $60 million loan to Cambodia to boost labor skills.
