http://khmerian.com Sat, 11 Feb 2012 19:30:16 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 http://khmerian.com/2009/11/garment-exports-dropped-21-pc-in-2009/ http://khmerian.com/2009/11/garment-exports-dropped-21-pc-in-2009/#comments Mon, 16 Nov 2009 01:42:11 +0000 Cambodia Economy http://khmerian.com/?p=798 The global economic recession is still plaguing Cambodia’s garment industries, which is the nation’s main revenues and created jobs for Cambodian people from different provinces. During the last 9 months from January to September 2009, garment export decreased 21.66 percent, compared with the same period of 2008. The Ministry of Commerce released data; it shows … Continue reading]]> http://khmerian.com/2009/11/garment-exports-dropped-21-pc-in-2009/feed/ 0 http://khmerian.com/2009/10/maybank-opened-5th-branch-in-phnom-penh/ http://khmerian.com/2009/10/maybank-opened-5th-branch-in-phnom-penh/#comments Tue, 20 Oct 2009 01:40:54 +0000 Cambodia Economy http://khmerian.com/?p=769 Despite the time of the global financial crisis, Malayan banking Bhd (Maybank) still opened its fifth branch located at Olympic stadium in Phnom Penh city, it is expected that the new branch will help boost loan and deposit growth by 38 percent and 15 percent respectively by the end of June next year. Maybank Olympic … Continue reading]]> http://khmerian.com/2009/10/maybank-opened-5th-branch-in-phnom-penh/feed/ 4 http://khmerian.com/2009/09/economy-to-shrink-15-percent-adb/ http://khmerian.com/2009/09/economy-to-shrink-15-percent-adb/#comments Fri, 25 Sep 2009 10:08:52 +0000 Cambodia Economy http://khmerian.com/?p=744 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 in construction and tourist arrivals, contributed to the ADB’s Development Outlook 2009 Update. “These domains … Continue reading]]> http://khmerian.com/2009/09/economy-to-shrink-15-percent-adb/feed/ 0 http://khmerian.com/2009/08/foreign-fixed-investment-falls-mid-year/ http://khmerian.com/2009/08/foreign-fixed-investment-falls-mid-year/#comments Thu, 27 Aug 2009 04:01:33 +0000 Cambodia Economy http://khmerian.com/?p=712 Investment fell from $4.42 billion in mid-2008 to $1.22 billion for the same period this year, the Council for the Development of Cambodia reported. Officials say the economic downward shares the blame with an overall decrease in a large number of high-dollar projects in 2008. “But through mid-2009, there have been no such kind of … Continue reading]]> http://khmerian.com/2009/08/foreign-fixed-investment-falls-mid-year/feed/ 3 http://khmerian.com/2009/08/micro-lenders-drop-rates-seek-borrowers/ http://khmerian.com/2009/08/micro-lenders-drop-rates-seek-borrowers/#comments Wed, 12 Aug 2009 03:24:20 +0000 Cambodia Economy http://khmerian.com/?p=703 Cambodia’s microfinance institutions are competing with each other with various strategies to extend growth, following a decline in their number of borrowers in the wake of the economic downturn. The Prasac Microfinance Institution has implemented three strategies over the past two months in order to bring in more borrowers, said Sim Senacheert, general manager of … Continue reading]]> http://khmerian.com/2009/08/micro-lenders-drop-rates-seek-borrowers/feed/ 0 http://khmerian.com/2009/07/acleda-profits-plunge/ http://khmerian.com/2009/07/acleda-profits-plunge/#comments Wed, 22 Jul 2009 01:28:24 +0000 Cambodia Economy http://khmerian.com/?p=667 AN increase in the volume of loans not repaid on time and greater lending caution led to a 54 percent drop in second-quarter profits at ACLEDA Bank, President and CEO In Channy said Monday. Unaudited quarterly financial statements released by the bank last week showed profit after income tax dropped 54 percent to US$1.34 million … Continue reading]]> http://khmerian.com/2009/07/acleda-profits-plunge/feed/ 0 http://khmerian.com/2009/06/usd-594-million-in-concessional-loans-granted-by-adb/ http://khmerian.com/2009/06/usd-594-million-in-concessional-loans-granted-by-adb/#comments Tue, 23 Jun 2009 01:17:15 +0000 Cambodia Economy http://khmerian.com/?p=602 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), which received a $400 million boost Tuesday as part of a much broader $3.4 billion … Continue reading]]> http://khmerian.com/2009/06/usd-594-million-in-concessional-loans-granted-by-adb/feed/ 0 http://khmerian.com/2009/05/south-korea%e2%80%99s-bank-opened-in-cambodia/ http://khmerian.com/2009/05/south-korea%e2%80%99s-bank-opened-in-cambodia/#comments Mon, 11 May 2009 00:03:55 +0000 Cambodia Economy http://khmerian.com/?p=472 Despite the global financial crisis has attacked South Korean investors in Cambodia, including real estate and construction industry, the KB Financial Group, which is the South Korean-based financial holding company, announced that Kookmin Bank PLC, the biggest lender in South Korea, opened its operation Thursday in Cambodia, buying a 51% share of Khmer Union Bank. … Continue reading]]> http://khmerian.com/2009/05/south-korea%e2%80%99s-bank-opened-in-cambodia/feed/ 1 http://khmerian.com/2009/05/banking-on-an-economic-crisis/ http://khmerian.com/2009/05/banking-on-an-economic-crisis/#comments Fri, 08 May 2009 09:21:35 +0000 Cambodia Economy http://khmerian.com/?p=468 EXACTLY one year after the subprime mortgage crisis first hit in the United States in July 2007, Cambodia’s central bank took measures to reduce liquidity in its undeveloped financial system by doubling reserve requirements from 8 percent to 16 percent. This move showed Phnom Penh was clearly out of sync with the world’s major financial … Continue reading]]> http://khmerian.com/2009/05/banking-on-an-economic-crisis/feed/ 1 http://khmerian.com/2009/04/retailer-confidence-rock-bottom-new-survey-finds/ http://khmerian.com/2009/04/retailer-confidence-rock-bottom-new-survey-finds/#comments Thu, 23 Apr 2009 09:29:25 +0000 Cambodia Economy http://khmerian.com/?p=450 CAMBODIAN retailers have been hit hard by the global economic crisis, but more than half expected conditions to improve over the next six months, a survey of retailer confidence released today by Indochina Research shows. The company’s second-quarter I-TRAK survey questioned 600 retailers in Phnom Penh, the Lao capital Vientiane, and Vietnam’s two major cities, … Continue reading]]> http://khmerian.com/2009/04/retailer-confidence-rock-bottom-new-survey-finds/feed/ 0