It came as no surprise to many government officials when the European Union launched its six month-long period of intensive monitoring and engagement period, as part of its review of the Kingdom’s Everything-but-arms trade scheme.
Within the context of looming economic pressures from the European Union and possibly also from the United States, some news analysts and observers have drawn a quick conclusion that Cambodia’s economy is bound to collapse.
The Ministry of Commerce is planning a meeting with public and private actors to discuss the revocation of the European Union’s Everything-but-arms (EBA) deal and to find ways to diminish its impact on the economy, the ministry said in a press release.
PM reiterates that he will not use the country’s independence to exchange with trade, noting the economy is improving.
Sales by China’s retail businesses during the Lunar New Year holiday rose 8.5 percent.
Laos is one of the fastest growing economies in Southeast Asia. On average the country’s economy has grown by 7.5 per cent per year and trade by 17 per cent per year since 2000, reflecting the importance of trade as a key driver of its growth.
Commerce Ministry calls on local firms and investors to join the India-Asean Expo.
Indonesia’s new halal certification law will be implemented by the end of 2019. What are the implications of the upcoming halal law on the country’s political economy and on Indonesia’s ambition to be a global halal hub?
In Cambodia, women’s work is the bedrock of a well-functioning economy that is growing at 7 percent per annum. Unfortunately, the economy does not seem to be working for women.
China’s economy cooled in the fourth quarter under pressure from bruising US tariffs.
Germany is scrambling to secure its interests in Beijing.
On the back of strong growth in the garment, construction and hospitality sectors, the national economy expanded by 7.3 percent last year, according to the Ministry of Economy and Finance.
The Everything But Arms (EBA) initiative is a unilateral preferential treatment offered by the EU to least developed economies with the aim of helping them develop their economy and reduce poverty.
In 2019 the Kingdom’s economy will grow at a rate of 7 percent, according to the nation’s Central Bank, who noted in its latest report that such growth may be weakened by a number of internal and external factors.
Cambodia has adopted an open, liberal market economy since mid-1990s with technical and financial support from various development partners, bilaterally and multilaterally.
A comprehensive digital economy strategy and a five-year road map should be developed in Cambodia to incentivise investment in digital infrastructure.
Moon Jae-in vows to continue his government’s economic reform drive in 2019.
Vietnam’s economy is highly dependent on foreign trade. In recent years, the sum of its exports and imports increased to as much as 185 per cent of GDP.
To add up to this continuous progress, Japanese photographer Kenro Izu went beyond his profession and set up a pediatric healthcare center that is now one of the leading children’s hospitals in Cambodia – Angkor Hospital for Children.
The Vietnamese economy continued to show resilience overall in 2018. But Suiwah Leung warns the country’s challenges and risks are mounting and the government needs to continue with more ambitious reforms.
China’s further opening-up of its markets will boost the global economy, says Gupta.
Bangladesh’s clothing manufacturers are worried violence will spread.
Complex regulations are to blame for the size of Mexico’s underground economy.
Data released from the National Bureau of Statistics on Friday was worse than expected. In particular, total retail sales of consumer goods went up 8.1 percent year-on-year in November. This is considered relatively low, compared to the previous rate.
FedEx slashes its 2019 forecast after Europe’s economy weakened and the U.S. trade row exacerbated a slowdown in China.
Sizable private sector debt, concentrated economic activities, relaxed underwriting standards and a very weak payment culture could result in the credit risk in the economy to remain extremely high, S&P Global Ratings said in a report yesterday.
Developing a harmonised approach to the digital economy would help Asean harness the opportunities of the Fourth Industrial Revolution (or Industry 4.0) and enhance the regional grouping’s digital competitiveness, writes Phidel Vineles.
With the government aiming to turn Cambodia into a predominantly digital economy by 2023, micro, small and medium-sized enterprises (MSMEs) must strive to digitalise processes and integrate the latest technologies.
Konrad-Adenauer-Stiftung (KAS) Cambodia yesterday launched its latest publication, a compendium of articles by local and international authors that describes Cambodia’s evolution in the last 10 years toward a digital economy.
The chairman of the Commission on Economy, Finance, Banking and Audit yesterday reiterated his view that the Kingdom’s foreign debt should not be a cause of major concern yet, as it is at just over 32 percent of gross domestic product (GDP).