The government plans to issue a $200 million sovereign bond in early 2023, on top of the remaining tranches of the $300 million bond it issued in September through the National Bank of Cambodia (NBC).
PHNOM PENH (The Phnom Penh Post/Asia News Network): Toyota Tsusho Manufacturing (Cambodia) Co Ltd plans to ramp up imports of hybrid vehicles (HV) into the kingdom, as part of a campaign to encourage Cambodians to switch to the eco-friendly transportation alternative and reduce fossil fuel consumption and greenhouse gas emissions, according to a transport ministry statement.
Toyota Tsusho Manufacturing (Cambodia) Co Ltd plans to ramp up imports of hybrid vehicles (HV) into the Kingdom, as part of a campaign to encourage Cambodians to switch to the eco-friendly transportation alternative and reduce fossil fuel consumption and greenhouse gas emissions, according to a transport ministry statement.
Free trade agreements (FTA) have caused Cambodia to lose around $187 million in customs revenue in the first half of 2022 but they have opened up a larger export market, increased productivity and created more jobs. The custom revenue loss is up 7.34 per cent year-on-year, according to the Ministry of Economy and Finance’s work report for the first half of 2022.
Prime Minister Hun Sen expressed concern over the rise in inflation caused by rising global oil prices, urging Cambodia to strengthen monetary policy by boosting riel purchases.