April 13, 2021

Category: Market

Market

IMF Forecasts 4.2% Growth for Cambodia This Year, 6.0% Next Year

The International Monetary Fund (IMF) has forecast Cambodia’s GDP growth to accelerate from 4.2 percent this year to 6.0 percent in 2022, which would put the country among the fastest growing ASEAN economies next year. In its World Economic Outlook released in Washington Tuesday, the IMF also projected that Cambodia would have the region’s most […]

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Market

Consumer Prices Forecast to Rise 3.1% This Year: IMF

The International Monetary Fund (IMF) has forecast a 3.1 percent increase in Cambodia’s consumer prices this year as the economy recovers from last year’s downturn. In its World Economic Outlook released in Washington Tuesday, the IMF also projected that consumer prices would rise at a slower pace of 2.8 percent next year. In 2020, the […]

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Market

Angkor Resort Receives Almost 4,500 Tourists in Q1

Angkor Archaeological Park in Siem Reap province welcomed 4,482 foreign tourists in the first three months of this year, earning US$185,079.The figures were shared by the Angkor Enterprise, the state-owned institution in charge of Angkor income managem…

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Market

Broad Money Surges to KHR 136.5 Trillion

The National Bank of Cambodia yesterday released a data on the money supply of the nation in 2020. According to the National Bank of Cambodia (NBC)’s statistics, at the end of 2020, broad money surged to KHR 136.5 trillion, up by 15 percent compared to the previous year. The currency outside depository corporations reached KHR […]

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Market

Cambodia Launched Business Recovery Guarantee Scheme

The Ministry of Economy and Finance and Credit Guarantee Corporation of Cambodia (CGCC) today launched the Business Recovery Guarantee Scheme (BRGS). According to the ministry’s press release made public this morning, the BRGS aims to support business including micro, small and medium enterprises, and large firms to enhance their access to formal loans from Participating […]

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