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The rise of lending institutions has skyrocketed. Traditional commercial and specialised banks are seeing people line up for consumer loan products to buy cars and real estate.
Philippine Airlines (PAL) is banking on the ease of connectivity between Phnom Penh, Manila, North America and Australia to attract air travellers to use the carrier.
Vietnam’s total goods retail sales and consumer service revenues in the first two months of this year grew 12.2 percent on-year to 793.8 trillion Vietnamese dong (34.5 billion U.S. dollars), according to the country’s General Statistics Office.
The mechanism for cross-border trade settlement with the Cambodian riel within Asean countries and China is in place, says the National Bank of Cambodia in urging traders and investors to take advantage of it.
The Maybank Foundation and ASEAN Foundation volunteers touched down in Takeo province earlier this month, in a particular parched, sun-drenched area at the foot of Phnom Chisor.
China and the United States are expected to come to an agreement soon over trade frictions, analysts said, as the negotiating teams are reported to be discussing the wording of an accord and considering applying the brakes to their tariff standoff.
Sericulture or the production of silk and silkworm rearing is an ancient industry in Cambodia, a pride of the nation. It nearly collapsed in the Khmer Rouge era.
The phenomenon of foreign brands swallowing up established local labels to make inroads into the China market is coming full circle-Chinese brands are trying to employ the same strategy overseas, confirming that names matter.
Shortly after the EU rice tariff imposition, rice farmers have to face climate risks and rising debt
Maybank Foundation and ASEAN Foundation selected 100 young persons including 10 Cambodians to participate in its competitive eMpowering Youths Across Asean programme.