PHNOM PENH, June 30 (Xinhua) -- High COVID-19 vaccination rates and free trade agreements (FTAs), namely the Regional Comprehensive Economic Partnership (RCEP) and the Cambodia-China FTA (CCFTA), have been helping boost Cambodia's economic recovery, said a World Bank economic update report r...
PHNOM PENH, Oct. 11 (Xinhua) -- Cambodia's economy is projected to moderate to 7 percent in 2019 after experiencing better-than-expected growth of 7.5 percent in 2018, said a new World Bank report released on Thursday. The kingdom's growth relies heavily on garment and footwear exports, ...
PHNOM PENH, May 10 (Xinhua) -- Economic growth in Cambodia remains robust and is projected to accelerate slightly to 6.9 percent in 2018, compared with 6.8 percent in 2017, buoyed by a rebound in textile and apparel exports as well as tourism and agriculture, says a new World Bank report...
2023-01-04 09:25:48 · World Bank Key Messages After an uneven growth performance this year, China’s economy is projected to recover in 2023. Activity in China has followed the ups and downs of the pandemic—outbreaks and economic slowdowns have been followed by uneven recoveries. Despite ...
Unlocking the bottlenecks to robust and sustained real growth through economic diversification and addressing pre-existing macroeconomic weaknesses will be crucial for building a resilient economy that promotes inclusive growth and reduces poverty, according to the World Bank Sierra Leone Economi...
With the easing of social distancing measures, domestic economic activity is gradually returning to normal, the statement said, citing the bank's latest economic update for Cambodia. "Consumption is being partly underpinned by unprecedented government intervention, while inflation remained subdued," the ...
The World Bank will launch the 12th Tanzania Economic Update ‘Human Capital: The Real Wealth of Nations’ on 18 July 2019 at the Hyatt Regency, The Kilimanjaro, Dar es Salaam The event will be hosted by Bella Bird, country director at World Bank for Tanzania, Malawi, Somalia and Burundi....
Cambodia had attracted a total of 48.4 billion U.S. dollars in foreign direct investment (FDI) from 2018 to 2023, the National Bank of Cambodia (NBC) said in a news release on Wednesday. "The main sources of FDI were from China (45.6 percent to the total FDI), followed by South Korea...
Cambodia had attracted a total of 48.4 billion U.S. dollars in foreign direct investment (FDI) from 2018 to 2023, the National Bank of Cambodia (NBC) said in a news release on Wednesday. "The main sources of FDI were from China (45.6 percent to the total FDI), followed by South Korea...
Ukraine's "economic outlook remains conditional on donor support" and the duration of the conflict in the country, Ukrainian media reported, citing the World Bank's economic update for Europe and Central Asia published on Thursday. "According to recent estimates by the World Bank and partner inst...