economic
National Bank of Cambodia

Consumer Debt Increases 7.5 Percent in Three Months

Personal loans taken out by Cambodians reached a total of $6.7 billion in the first three months of the year, a 7.5 percent increase on the previous quarter, credit reporting firm Credit Bureau Cambodia (CBC) said.

Kids of Poor Family

Rural Poor Vulnerable to Trade Sanctions

Analysts say many in rural areas are seeing few benefits from the country’s brisk economic growth, and yet may be among the most seriously affected if Cambodia loses duty-free trade with Europe over human rights concerns.

Mobile Selling-190425-Hourt Vuthy

Total Loans Exceed 100 Percent of GDP

Cambodia’s rapid 7.5 percent GDP growth last year came amid ballooning private debt, increased reliance on an uncertain construction boom, and threats to the country’s main exports due to politics, according to recent reports from the World Bank and National Bank of Cambodia.

Phnom Penh

World Bank Warns of Risks of Losing EBA

The World Bank has warned of the economic risks of Cambodia losing preferential trade access to the European Union, and urged the government to be ready with measures to mitigate the potential shocks to the economy.

Phnom Penh

Training Shortfall Threatens Economic Growth: ADB

The Asian Development Bank has warned that Cambodia’s rapid economic growth has been put at risk by a growing gap between the skills demanded by industry and the poor education and training of the population.