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Jabs could swell 2022 GDP by 6%: think-tank

Cambodia's “well-strategised and rapidly-executed” Covid-19 vaccination programme are set to underpin economic growth that may top six per cent next year, eclipsing the preponderance of regional and global peers, according to a new report from consulting firm Mekong Strategic Partners Co Ltd (MSP). ....

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Jabs could swell 2022 GDP by 6%: think-tank

Jabs could swell 2022 GDP by 6%: think-tank
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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Covid-19 loan restructuring driving bank profitability

Cambodia’s banking system reported higher earnings despite the pandemic as strong fundamentals sustain growth In late March, a momentum for loan restructuring slowly built up, culminating in some 16,000 microfinance loans approved for revision within two weeks in May, when only 2,000 to 4,000 applications are commonly recorded monthly. ....

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Is Cambodia poised for more FDI as neighbours face political, Covid-19 uncertainties?

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Chinese FDI has flowed into real estate and construction, evidenced in developments such as these on Koh Pich. Sangeetha Amarthalingam
Is Cambodia poised for more FDI as neighbours face political, Covid-19 uncertainties?
Thu, 4 February 2021
As some Southeast Asian nations face internal issues, the Kingdom’s stability could be an attractive destination to investors, but institutional setbacks might turn them away
Days after the shock military takeover of Myanmar’s government and the imposition of a one-year state of emergency, some investors pulled the brakes on foreign direct investments (FDI) as sanctions by the US and India loomed.
One of them was Thai-owned industrial estate developer Amata Corp Public Co Ltd, which suspended its $1 billion project in Myanmar, fearing that the turn of events would put off investors, Nikkei Asia wrote on Monday. ....

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Powering up on coal but at what cost?

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The Electricity Authority of Cambodia hopes that by 2030 some 70 per cent households would have grid-quality electricity. Hong Menea
Powering up on coal but at what cost?
Thu, 21 January 2021
The haste to expand economic growth and achieve rural electrification has drawn Chinese interest and though China is closing down fossil fuel plants in its country as emissions rise, Cambodia prefers to look the other way
‘Yes,” Ministry of Mines and Energy spokesman Victor Jona briefly replied to a question about the assembly of two Chinese decommissioned 350-megawatt (MW) coal-fired plants on the shores of Sihanoukville’s Stueng Hav coastal district. ....

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