NBC projects Cambodia’s GDP growth at 5.3% in 2022

Cambodia’s economic growth this year will receive impetus from global growth recovery and a rapid resumption in economic activity, and will be backed by the garment, tourism, agriculture and construction sectors, the National Bank of Cambodia (NBC) said.

Cambodia, Thailand logistics MoU will boost apparel sourcing potential

Apparel industry experts tell Just Style Cambodia and Thailand's new logistics agreement will provide opportunities for apparel buyers sourcing in the region.

Massive RCEP trade deal fails in areas where smaller bilateral pacts in Asia-Pacific shine

Bilateral free-trade deal between China and Cambodia is said to be a prime example of how bilateral deals can trump the benefits of RCEP.

Donaco slips to US$530,000 EBITDA loss in June quarter

Southeast Asian casino operator Donaco International Ltd has reported a group-wide EBITDA loss of AU$760,000 (US$530,000) in the three months to 30 June 2022 – a quarter still heavily impacted by the COVID-19 pandemic.

NagaCorp Chair Sees the End of Traditional Junkets, Even on the Global Stage

Once a major part of casino operations and their VIP segments, the chairman of NagaCorp believes junkets won’t survive without making significant changes.

Cambodia minimum wage talks set to begin

Talks are set to begin to discuss minimum wage in Cambodia.

China represents 43% of $2.99-bn foreign investment in Cambodia in H1

Cambodia attracted fixed-asset investment from China worth $1.29 billion in the first half of the year.

Cambodia’s 2022 GDP growth will expand to 6.3%: S&P

Cambodia’s gross domestic product will expand to 6.3 per cent this year, according to forecasts by global rating agency S&P, which expects credit growth to continue averaging a brisk 20 per cent annually.

Chen Lip Keong transfers controlling stake in NagaCorp to family trust

The Founder, Controlling Shareholder and CEO of NagaCorp, Dr Chen Lip Keong, has transferred a controlling stake in the company to his family trust.

Cambodia’s exports to RCEP member nations up by 10% in H1 2022

Cambodia’s exports to Regional Comprehensive Economic Partnership member nations were worth $3.28 billion in the first half of the year, up by 10 per cent from $2.99 billion over the same period last year.

Cambodia’s unemployment rate expected to be lowest among Asean nations

Cambodia's unemployment rate for the year is expected to be the lowest among Asean countries, at only 0.31 per cent.

Cambodia’s economy expected to grow 5.3% this year: central bank governor

Cambodia's economy is projected to grow by 5.3% this year, up from 3% in 2021, Chea Chanto, governor of the National Bank of Cambodia (NBC), said.

Cambodian apparel exports shot up 39.36% in January-June 2022

Cambodia’s export of knitted and non-knitted apparel and clothing accessories increased by 39.36 per cent to $4,510.104 million during January-June 2022.

Vietnam’s MB Bank to tap microfinance in Cambodia with Japan’s Shinsei

Military-linked lender targets growing retail market in Mekong region.

Cambodia Logistics Infrastructure Needs ‘Transformative Reforms’: World Bank

Sticker shock on the cost of logistics in Cambodia is partially to blame for being a drag on the country’s ability to compete with neighboring supply chains, a World Bank Group report found.

NagaCorp soars back to profit in 1H22, resumes dividend payments

Hong Kong-listed NagaCorp Ltd has reported a net profit of US$52.7 million for the six months to 30 June 2022.

De-Dollarization and the Importance of Public Sentiment in Cambodia

The challenge of promoting the use of the riel is not just one of monetary policy. It also touches on questions of Cambodian national identity.

Swire Pacific buys Coca-Cola’s bottling business in Vietnam and Cambodia for US$1 billion

Swire Pacific will buy Coca-Cola Indochina through its two wholly owned subsidiaries, Swire Beverages Holdings and Swire Coca-Cola.

Cambodia’s Gambling Industry Struggles to Restart after COVID-19

Cambodia’s casino industry has had more time than others to rebound following the COVID-19 pandemic. However, based on the latest data from the government, the legal casino ecosystem is failing to gain traction.

Cambodia seeks to revive tourism sector as it eases entry requirements (video)

Visitors to Cambodia who are not fully vaccinated against COVID-19 can enter without quarantine, as long as they clear an on-arrival rapid test, starting from this week.

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