A lot of foreign businesses are taking an interest in the Kingdom of Cambodia due to its attractive investment environment. As such, local entrepreneurs have thrown in their lot to set up real estate companies to meet the demands of…
A lot of foreign businesses are taking an interest in the Kingdom of Cambodia due to its attractive investment environment. As such, local entrepreneurs have thrown in their lot to set up real estate companies to meet the demands of…
Property watchers have long noticed that weekends, at this time of the year, are a prime times for people seeking to buy or rent homes, but this year it’s different. That’s because of COVID-19 has reared its ugly head, knocking…
A senior official of the Ministry of Commerce said negotiations on the free-trade agreement (FTA) between Cambodia and China have achieved about 70 percent success so far and they are expected to sign the agreement by the end of the…
Despite the national and global economic downturn fuelled by the ongoing health emergency, Phnom Penh’s condominium projects remain on track to finish on schedule, according to real estate agency CBRE Cambodia. The capital’s property sector added five condominium projects comprising…
CAMBODIA has suspended all white rice and padi exports starting April 5 to secure domestic supplies during the Covid-19 pandemic. Prime Minister Hun Sen said the measure was a preventive strategy that was important during an emergency, as Covid-19 was…
The Asian Development Bank (ABD) has slashed Cambodia’s 2020 gross domestic product (GDP) growth to 2.3 per cent from its initial 6.8 per cent forecast due to the slowdown in major economies and China and reduced access to export markets….
The Asian Development Bank (ADB) said the Kingdom will see losses amount to more than $390 million due to the economic impact of the Covid-19 outbreak this year. Cambodia is also set to suffer the worst economic impacts caused by…
The National Bank of Cambodia has launched many initiatives to boost and circulate more riels – but with US dollars making up more than 80 percent of the economy, the question remains whether investors will retain confident in a de-dollarised…