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Cambodia: Lockdown eased, time to get the economy in order, says Phnom Penh Post

A semblance of normalcy is setting in Phnom Penh as the capital comes out of three weeks of lockdown and over a month of curfew to flatten the Covid-19 curve, which brought business activities to a standstill and incurring losses for many. ....

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Lockdown eased, time to get the economy in order

But breathing life back into a pandemic-ridden economy might need overhauling the old system to fit a new order ....

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The pandemic so far – Taking stock of economic losses, starting with the garment sector

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A woman sells vegetable on a pavement in Phnom Penh’s Por Sen Chey district. Hean Rangsey
The pandemic so far – Taking stock of economic losses, starting with the garment sector
Fri, 7 May 2021
The latest wave is sweeping through the Kingdom’s society and key economic sectors, thwarting growth just as it was on recovery mode
We are still evaluating [economic losses],” was the brief yet grim answer Meas Soksensan, Ministry of Economy and Finance (MEF) spokesman offered as anxiety gripped key economic sectors in the latest wave of Covid-19 infections.
As of May 6, 114 people had died while positive coronavirus cases have surged to 17,621, more than 30-fold from the cases registered on February 20, when the first community transmitted case was detected this year. ....

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Small country, big appetite – Cambodia's giant tech VAT law one to watch, experts say

Small country, big appetite – Cambodia's giant tech VAT law one to watch, experts say
phnompenhpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phnompenhpost.com Daily Mail and Mail on Sunday newspapers.

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Cambodia, ASEAN likely to teeter off balance with RCEP

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Cambodia, ASEAN likely to teeter off balance with RCEP
Thu, 1 April 2021
Four months after RCEP was signed, a study surfaces, with gloomy trade data, portending a shaky future for the Kingdom and ASEAN as a whole
Prominent economist and trade policy scholar Jagdish Bhagwati once likened free trade agreements (FTAs) to “termites” that “eat away” at multilateral trading systems “relentlessly and progressively”.
His remark, which described the title of his 2008 book
Termites in the Trading System – How Preferential Agreements Undermine Free Trade, was intuitive in that he talked about how FTAs are “erroneously” pursued by governments in the hope of scoring a free trade agenda. ....

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