Share
Total FDI inflows – mainly to the financial, construction and real estate, and manufacturing sectors – recorded $3.5 billion in 2020, declining by one per cent, the National Bank of Cambodia (NBC) said in its Financial Stability Review 2020.
Hean Rangsey
FDI inflows drop 1% to $3.5B
Wed, 2 June 2021
The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong.
Total FDI inflows – mainly to the financial, construction and real estate, and manufacturing sectors – recorded $3.5 billion in 2020, declining by one per cent, the National Bank of Cambodia (NBC) said in its
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.
Pandemic shakes Cambodia s construction sector investvine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investvine.com Daily Mail and Mail on Sunday newspapers.
O
FFICES THESE days are temples of indulgence as much as places of work. One Vanderbilt, a new skyscraper in Manhattan, has unveiled a restaurant run by Daniel Boulud, a Michelin-starred chef. Amazon’s second headquarters in Arlington, Virginia, will include an amphitheatre for outdoor concerts. In London, 22 Bishopsgate is so dog-friendly that its receptionists issue passes to pets. The recently opened glass tower, which dominates the City of London’s skyline, also houses a climbing wall and a spa.
As companies try to tempt workers back to the office, developers and investors are betting on new buildings with alluring amenities. But a huge uncertainty hangs over them: will enough people come? Even as vaccinations progress, workers have been slow to return. In early May only one in 20 buildings in America had occupancy levels above 10%, compared with a third in Europe and Africa, and roughly half of buildings in Asia, according to Freespace, a property-tech firm. With the retur
Defiant Ramaphosa insists govt making headway amid tongue lashing by MPs Updated
Nokukhanya N Mntambo
Share this:
President Cyril Ramaphosa has defended government s efforts in dealing with economic recovery, the Covid-19 crisis and rampant corruption.
GCIS
This comes after members of Parliament slammed Ramaphosa s administration for the slow progress in meeting its targets.
Ramaphosa delivered the presidency s budget vote at the National Assembly on Wednesday afternoon, but MPs weren t impressed, also taking him to task for the rising unemployment, poverty, and inadequate housing.
Economic Freedom Fighters (EFF) leader Julius Malema cranked up the pressure on the African National Congress-led government over the impasse on the land debate.