Cambodia pivots to solar, wind energy
Despite hydropower’s significant role, Minister of Mines and Energy Keo Rottanak expressed concerns about its reliability in the face of climate change and global warming.
May Kunmakara
IMF slightly downgrades outlook for ASEAN states
ASEAN’s economic growth is expected to reach 4.2 per cent this year and 4.6 per cent in 2024, a downward adjustment of 0.4 and 0.3 percentage points respectively.
Cambodia attracts record foreign investment growth
Leading the charge in foreign investments were nations including China, Malaysia, Singapore, Vietnam and the British Virgin Islands.
Plans underway for direct flights between India, Cambodia ‘soon’
Indian ambassador to Cambodia Devyani Khobragade also stated that both nations are keen to enhance trade and tourism ties during a meeting with Minister of Economy and Finance Aun…
ADB lends Cambodia $140 million for labour development
The funds are to boost labour development to transform Cambodia into a technology-driven, knowledge-based industrial economy while enhancing public service delivery through public…
Cambodia’s GDP growth likely 5.3% this year, say ADB, AMRO
Inflation forecasts are expected to stay the same this year and next year, despite quarterly fluctuations in international fuel prices.
PM Hun Manet calls for 3-month trial of lower electricity tariffs
PM Manet said the lowering of the cost need not be for all enterprises, just a few, “especially industries, enterprises and agricultural sectors that produce a lot and use a lot…
IMF urge cooperation for recovery
The IMF managing director urged ASEAN leaders to invest in international cooperation as well as growth-enhancing reforms to fully recover the economy.
Indonesia planning increased rice order from Cambodia
An increase of import of 250,000 tonnes a year will preserve Indonesia's food security, and in turn support Cambodia’s food security infrastructure.
Indian investors urged to view Cambodia as ASEAN launchpad
India is Cambodia’s 18th biggest trading partner, representing 1.1 per cent, 1.3 per cent and 0.9 per cent of Cambodia’s international trade ($15.2 billion), exports ($7.2…