PHNOM PENH: The World Bank forecasts Cambodia’s economic growth to reach 5.8% in 2024, driven by a surge in exports and a rebound in service […]
Tag: World Bank
World Bank Approves US$40 Million Project to Improve Skills for Better Jobs in Cambodia
PHNOM PENH: Approximately 33,000 Cambodians are expected to receive improved training and labour market services as a result of a US$40 million credit approved by […]
Cambodia’s economic growth to accelerate in 2024, fueled by manufacturing and tourism, Says ADB
PHNOM PENH: Cambodia’s economy is forecast to grow at 5.8 percent in 2024 and 6.0 percent in 2025, fueled by a further rebound in tourism […]
CDC endorses 173 investment projects worth approximately $4 billion in six months
PHNOM PENH: The Council for the Development of Cambodia (CDC) has approved 173 investment projects worth some US$4 billion during the last six months, from […]
World Bank approves credit for road improvement project in Cambodia
PHNOM PENH: World Bank has approved US$35 million credit for road improvement to withstand climate change in three provinces in Cambodia, according to a press […]
Experts cite strong growth, strategic initiatives as Cambodia’s economy takes flight
PHNOM PENH: The newly formed Cambodian cabinet has wasted no time in prioritizing economic development. Their proactive approach, evident in frequent international visits and a […]
Interview: Cambodian senior gov’t official paints brighter picture for Cambodia-China economic, trade cooperation
PHNOM PENH-19 January 2024: A Cambodian senior government official has painted a rosier picture for Cambodia-China economic and trade cooperation in 2024, saying that a […]
World Bank offers a mixed outlook for Tourism recoveries in Cambodia and Thailand
PHNOM PENH: The World Bank expects Cambodia and the Philippines to be the fastest-growing developing ASEAN economies this year. But it has offered a mixed […]
PM: Cambodia’s economy to grow by 6.6 percent next year
PHNOM PENH: The national economic growth for 2024 has been forecasted at about 6.6 percent, up from around 5.6 percent this year, said Prime Minister […]
Cambodia’s GDP per capita to reach 2,071 USD next year
PHNOM PENH: Cambodia’s GDP per capita is forecast to hit 2,071 U.S. dollars in 2024, up from some 1,917 dollars in 2023, according to a […]
Cambodia leads in mobile but lags in fixed broadband
PHNOM PENH: Among 14 emerging market and developing economies in East Asia and the Pacific, Cambodia ranks sixth in terms of access to mobile-broadband services, […]