Turkey’s EU bid slips further away: Commission
Turkey’s hopes of joining the European Union are fading, the bloc’s executive said yesterday, citing worsening conditions in the courts, prisons and economy.
Tag: economy
Cambodia grew 7.5 pct in 2018: World Bank
The Cambodian economy expanded by 7.5%, according to World Bank.
Ministry launches new trade strategy
Ministry of Commerce on Thursday launched the new version of the Cambodia Trade Integration Strategy (CTIS).
National economy to slow to 7 pct: WB
Cambodia’s economy will continue to experience robust growth, but will expand at a slower pace than last year.
Despite challenges, economy on right track with reforms
Cambodia’s economy has shown a certain degree of resilience and tenacity in maintaining growth despite facing various political challenges from within and outside. Economic performance and output are the main sources of regime legitimacy.
China’s consumption growth potential to beat expectations
Market observers are seeing more upside than expected in China’s economy.
Economy to grow at 7 percent this year: ADB
Cambodia’s economy is projected to grow at 7 percent this year.
White House calls for Fed to reverse US rate hikes
Trump says the Federal Reserve made a mistake by raising interest rates
Cambodia, Indonesia trade up slightly
Bilateral trade between Cambodia and Indonesia rose moderately, reaching $556 million in value, a 4 percent increase.
Cambodia: Between ‘democracy’ and ‘development’
Cambodia has a vision to become an upper-middle-income country by 2030 and a high-income economy by 2050. Nonetheless, this vision has met many distractions both domestically and internationally.
China’s industrial profits shrink as economy cools
China’s industrial firms post their worst slump in profits since late 2011.
Linking BRI with Cambodia’s rectangular development
The Belt and Road Initiative (BRI) is an ambitious international cooperation and connectivity project initiated by China in 2013. Cambodia is one of the staunchest supporters of the initiative with the expectation that BRI will contribute to peace and shared prosperity.
In foreboding sign for US, factory sector softens
US manufacturing activity unexpectedly cooled in March.
Cambodia’s Coin History
In Cambodia, one buys drinks or snacks from vending machines that use banknotes rather than coins. Coins are not in use in Cambodia’s modern economy, but it was not always like that.
Edotco ready to assist digital transformation
Edotco says it is ready to build the digital infrastructure needed for a digital economy.
Full-fledged digital economy not likely in the next decade: Minister
Digital technologies will give Cambodia the opportunity to leapfrog traditional stages of development, but it will take the country at least 10 years to complete the transition into a full-fledged digital economy, the minister of economy and finance said yesterday.
Smart’s fund invests in local tech startups
Smart Axiata Digital Innovation Fund (SADIF) expanded its investment into two more promising local digital businesses, a move that will contribute to the development of the Kingdom’s digital economy.
Sorn Seap: Real estate in 2019
The economy has climbed higher and higher, growing by around 7 percent each year. Land prices have increased dramatically in that time as international investors have flooded in.
Exports to US up sharply in 2018
Exports to the United States, the world’s largest economy, increased by 25 percent last year, a significant increase in trade that comes despite a deteriorating diplomatic relation after Cambodia dissolved the main opposition party ahead of last year’s general elections.
Can a Korean financial education model help Cambodia’s financial literacy?
The rise of lending institutions skyrocket.
China to slash taxes and boost lending
China sought to shore up its slowing economy through billions of dollars in planned tax cuts and infrastructure spending.
Buhari wins second term as president
Nigerian President Muhammadu Buhari wins a second term at the helm of Africa’s largest economy and top oil producer.
Government braces for population boom
The Kingdom anticipates population growth to reach 20 million by 2030.
Slowing US economy can ill afford any more shocks: Kemp
The US economy loses a lot of momentum during the fourth quarter.
Officials weigh in on possible EBA status revocation
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.
Post-EBA: It is time to build economic resilience
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.
Ministry to meet with companies over EBA saga
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.
Kingdom’s economy is improving: PM
PM reiterates that he will not use the country’s independence to exchange with trade, noting the economy is improving.
Chinese New Year retail sales up, but pace slow
Sales by China’s retail businesses during the Lunar New Year holiday rose 8.5 percent.
Laos’ rapid economic growth has avoided macroeconomic cliffs
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.
