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Tag Archives: Cambodia economy
Economy To Shrink 1.5 Percent: ADB
The global economic recession is expected to contract Cambodia’s economy by about 1.5 percent this year, the Asian Development Bank reported Tuesday, with the key economic drivers affected. Dwindling clothing exports, especially to the US market, along with a slow-down … Continue reading
Asian Countries Suffer From Weak Institutions: ADB
Asia is suffering from a deficit of governance, public management and rule of law, in large part due to corruption, a senior Asian Development Bank official said, urging institutional capacity building for countries like Cambodia to climb out of poverty. … Continue reading
US Gives Money To Boost Economic Performance
The US provided $7.79 million to the government Wednesday to aid economic growth performance, as international institutions have warned of a shrinking economy. The funds will be used to expand USAID’s program for micro-, small- and medium-sized enterprises, which seeks … Continue reading
Posted in Economy
Tagged Cambodia economy, Cambodia stock exchange, Cambodia stock market, Cambodian banks, Cambodian currency, Cambodian economy, Cambodian newspaper, Cambodian people, everyday Khmer, Khmer daily news, Khmer magazine, Khmer News, Khmer newspaper, Khmer post, Khmer website, national news, SMEs
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USD 59.4 million in concessional loans granted by ADB
In response to fight against the global financial crisis, the amount of $59.4 million in concessional loans has been granted to Cambodia by Asian Development Bank (ADB). The money has been made available through the bank’s Asian Development Fund (ADF), … Continue reading
SMEs need to access financing
Due to the effect of the global economic slowdown, the large-scale investments in Cambodia are slowing down. It is hopeful that small and medium enterprises (SMEs) play an important role in improving economic development and creating sustainable employment and income, … Continue reading
Posted in Banking System
Tagged access loans, acleda bank, ANZ bank, ATM Cambodia, ATM in cambodia, ATMs in Cambodia, bank Cambodia, bank in Cambodia, bank notes, bank of Cambodia, banking sector, Cambodia ATM, cambodia bank, Cambodia banking, Cambodia economy, Cambodia loan, Cambodia microfinance, Cambodia stock exchange, Cambodia stock market, Cambodian bank, cambodian commercial bank, Cambodian currency, Cambodian money, cambodian national bank, car loan from Cambodia bank, car loan in Cambodia, Commercial banks, commercial public bank, credit card in cambodia, credit card service, financing, high interest rates, khmer bank, microfinance Cambodia, microfinance in Cambodia, microfinance loan, money banking in cambodia, money transfer via bank, motorcycle loan in Cambodia, National Bank of Cambodia, shortage of credit, Small and Medium enterprise, SMEs
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