Cambodian Economy Reviews

THE country’s fledgling insurance industry saw revenues pick up at the end of the year to record an annualised 2.86 percent drop in premiums, officials said.
Chhay Rattanak, chairman of the General Insurance Association of Cambodia (GIAC), said that total premium revenues for 2009 fell to US$20.07 million.
“The global financial crisis is impacting on all sectors, [...]

Cambodia’s prime minister Hun Sen departed Vietnam on Saturday in order to attend a Vietnamese investor’s conference in Ho Chi Minh City. During this time, Cambodia and Vietnam has agreements with US$6 billion worth of investment into Cambodia to strengthen the cooperation in four sectors of commerce, tourism, energy and transportation.
The agreements were signed by [...]

Chinese Vice President Xi Jinping officially has visited Cambodia during a three-day state visit. China agreed to give US$1.2 billion in interest-free loans for Cambodia’s economic development in 14 different agreements during a signing ceremony at the Council of Ministers.
Khieu Kanharith, Information Minister and government spokesman, told reporters during a press conference that Cambodia accepts [...]

Kampot province in southern Cambodia was long famous for the quality of its pepper. But under the Khmer Rouge regime in the late 1970s, almost all of the province’s pepper plantations were uprooted to make way for rice. Now a local company is leading an effort to revive Kampot pepper by earning [...]