CAMBODIA’S 2020 GROSS DOMESTIC PRODUCT (GDP) GROWTH FORECAST
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….
Read moreECONOMIC IMPACT OF THE COVID-19 OUTBREAK FOR CAMBODIA THIS YEAR
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…
Read moreWILL INVESTORS REMAIN CONFIDENT IN A DE-DOLLARISED CAMBODIAN ECONOMY?
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…
Read more