Logo of Phnom Penh Post newspaper Phnom Penh Post - Ratings report: B2 & B-plus

Ratings report: B2 & B-plus

Ratings report: B2 & B-plus

Cambodia has been ranked B2 and B-plus in its first sovereign debt ratings from Moody's

and Standard & Poor's, officials from the government and its financial ratings

advisor, investment bank Credit Suisse, announced. Moody's ranked Cambodia a speculative

grade B2, like Bosnia-Herzegovina and Venezuela, which puts the Kingdom one notch

lower than Indonesia and the Philippines, two lower than Vietnam and seven lower

than Thailand. Standard & Poor's ranked Cambodia a B-plus, equivalent to that

of Mongolia and Pakistan, but again lower than Vietnam and Thailand. The ratings

function as indicators of risk for foreign investment.

MOST VIEWED

  • All inbound flights set to face added scrutiny

    Ministry of Health spokesperson Or Vandine said on Monday that the ministry is monitoring all inbound flights, after it was announced that only those from Malaysia and Indonesia will be temporarily cancelled from August 1. Vandine said on Monday that the two countries were identified as

  • Flights from Indonesia, Malaysia cancelled

    A Ministry of Health official has warned of the possibility of Covid-19 spreading through community transmission after the total infected cases in the Kingdom rose to 225. Ministry spokeswoman Or Vandine told reporters on Saturday that the possibility of community transmission cannot be overlooked and that

  • Man in quarantine dies of ‘overdose’

    The Ministry of Health on Thursday said a Cambodian migrant worker who died while being isolated at a quarantine centre in Tbong Khmum province’s Kroch Chhmar district may have died from syncope or overdose of tablets. In a statement, the ministry said the 21-year-old

  • Ministry set to reopen 20 schools in August

    The Ministry of Education, Youth and Sport will allow 20 high-safety-standards schools to reopen next month despite new cases of Covid-19 in the country. Ministry spokesperson Ros Soveacha wrote in a Telegram message on Wednesday that the schools are in Phnom Penh, Siem Reap and Battambang.