Cambodian Economy Reviews

The figures from the General Insurance Association of Cambodia – GIAC – revealed that the premium revenues from Cambodia’s insurance sector was up by 18 percent to USD8.2 million during the first five months of 2010, but it was down 25 percent compared to the same period last year. Chhay Rattanak, GIAC Chairman, was quoted [...]

Preah Sihanouk provincial governor Sboang Sarath issued a notice dated on June 16 to all business owners on Otres beach, including guesthouse, restaurant and bar to relocate within one week. Around 70 business owners on this beach are ordered to remove by June 30. If not meet the new deadline, authorities will evict them and [...]

The third Cambodia Development Cooperation Forum (CDCF) had been held during two days in the capital Wednesday for a landmark donor-government forum amid calls for the government to accelerate the pace of key reforms tied to the disbursal of aid. There are more than 100 representatives from different donor countries and international financial organizations attending [...]

CAMBODIA’S insurance premium revenues rose 13 percent to US$5.34 million for this year’s first quarter, compared to the same period of last year, according to the General Insurance Association of Cambodia (GIAC). GIAC Chairman Chhay Rattanak said the premium income was driven by coverage for vehicles, which provided 27 percent of revenues, fire (25 percent), [...]