The question is are governments ready to cope with it than it did in 2009?
In the process of moving towards developed countries, developing countries inevitably would go through the phase of middle income traps. With China’s economic growth and rising national wealth, the nation attempts to bypass the middle income trap to become a developed country.
Such rapid development has only been made possible through a sustained campaign of foreign aid and – as Cambodia advances to become a middle income country in 2015 – that aid transformed into concessional loans dealt out by development partners.
As Cambodia moves up the value chain, universities are accelerating the production of engineers and technicians to meet the needs
The property sector has witnessed a significant growth over the years with investors and developers taking advantage of the opportunity and demand here. However, developers still face the problem of securing loans for their projects as banks remain cautious of lending in the sector. Often, complaints involve tedious application processes that are likely rejected by […]
Four years on, small and medium enterprises (SMEs) have yet to populate Cambodia Securities Exchange (CSX)’s Growth Board. The bourse has not received any application for listing, to date.
Hunger pangs are being satisfied these days by innovative ways with the growth of food delivery applications, enabled by rising smartphone users and increased data as urbanisation consumes Phnom Penh and Siem Reap.
The growth of a middle income population means there is a need for affordable housing but industry players grapple over its definition as the housing policy remains in the back burner
Cambodia should take stock of internal and external headwinds that could affect its growth trajectory
After the 18th private-public sector forum on March 29, Prime Minister Hun Sen announced a massive 17-point action plan for large-scale economic reforms.