cover image: ECONOMY AND FINANCE - NEWS DIGEST - - WEEKLY - VANNAK Setheavin

20.500.12592/274f23

ECONOMY AND FINANCE - NEWS DIGEST - - WEEKLY - VANNAK Setheavin

27 Sep 2023

to stabilise exchange rates Source: Khmer Times The National Bank of Cambodia (NBC) has announced its plans to hold two US dollar Energy tariffs cut for industrial, agri auctions on September 20 and 22, each worth sectors 10 million USD, to sustain the purchasing The Ministry of Mines and Energy in Cambodia power of the Cambodian riel and support has announced a reduction in electricity tariffs ec. [...] In response to the current economic market, the value of the Cambodian riel in downturn, Prime Minister Hun Manet urged relation to the US dollar has fallen to a level the ministry to reduce power costs for the that is consistent with market conditions. [...] According to the report, exports of Construction projects worth $3B Cambodian apparel, footwear, and travel approved in 7 months goods decreased by 18.6% in the first half of The Ministry of Land Management, Urban the year compared to the same period last Planning, and Construction in Cambodia has year. [...] One of the four economic pillars Britain's economy is at risk of recession, with of the Kingdom is the construction industry, industry figures showing the sharpest monthly which is supported by foreign investment and fall in private sector activity, outside of the rising imports of construction goods and tools. [...] Source: Khmer Times According to the most recent snapshot from S&P Global and the Chartered Institute of Credit card losses are rising at the fastest Procurement and Supply (Cips), the dominant pace since the Great Financial Crisis service sector and manufacturing output in Credit card companies are experiencing the the UK both experienced a significant decline fastest pace of losses in almost 30.

Authors

sophea chuon

Pages
3
Published in
Cambodia