Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - In Brief: Investment slide eases

In Brief: Investment slide eases

APPROVED investments in the Kingdom fell by a slower pace in September although over the first nine months they were still down 82.23 percent to US$1.61 billion compared to the same period last year, according to figures from the Council for the Development of Cambodia. Last month the value of projects approved by the government fell 33.38 percent year on year to $44.91 million compared to a 86.75 percent drop in August and a fall of 93.54 percent in July, figures showed. Services and tourism saw the largest annualised decline in approvals, but agriculture reversed that trend with nearly half a billion dollars in project approvals in the third quarter.

0

Comments

Please, login or register to post a comment

Latest Video

Setting up a drone for flight. Photo supplied

How Cambodia's first drone company is helping farmers

SM Waypoint claims its unmanned aerial vehicles can help local farm and plantation owners increase their yields.

New street food dish shakes things up at Russian Market

Though the bustling food stalls that emerge after dark next to Russian Market can seem intimidating to tourists at first glance, there are street food treats to be enjoyed by all.

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern