Recharging Cambodia’s Tourism Sector
The tourism sector has long been a linchpin of Cambodia’s economic growth and employment.
The tourism sector has long been a linchpin of Cambodia’s economic growth and employment.
2023 was a challenging year for Cambodia’s real estate sector, marked by a decline in construction projects, excess supply, and low demand. The sustained downturn also triggered an alarm on shadow banking activities.
Cambodia is one of the few countries in ASEAN+3 that does not have a deposit protection scheme. The time is ripe for one to be established.
Cambodia’s economy is expected to continue its gradual recovery path.