The Asian Development Bank (ADB) has pledged to work to accelerate Cambodia’s competiveness and economic diversification, according to an ADB member fact sheet.
As record levels of FDI outflow are recorded and lenders struggle to maintain balance books, keeping liquidity in the market remains a critical concern from lessons already learned
The financial leasing sector reported strong growth in 2019, but it has now been affected severely by the outbreak of Coronavirus with some financial leasing service providers suffering up to an 80 percent drop in custom.
Many people now appear far more relaxed about pandemic
While many businesses fight for survival during the ongoing pandemic, Capital Cambodia examines those that are positively thriving.
Cambodia has seen a tremendous transformation of its post-conflict economy, weathering the financial crisis that gripped much of East Asia and Southeast Asia in 1997 and recovering to record a growth rate of approximately 8 percent between 1998 and 2019. A watershed moment came in 2015 when GDP reached $1,070, marking the emergence of a […]
Asian Development Bank, has stated that issuing government bonds in the local riel currency could help Cambodia in promoting the development of its capital markets.
With concern about the possible spread of the potentially deadly COVID-19 may survive for days on banknotes, there are more calls for a cashless society.
Think tank predicts global doom and gloom caused by COVID-19 pandemic
A bear market is a decline of 20 percent or more over a sustained period and is certainly not the type of record anybody is keen to see get broken.