Phnom Penh Post - Special Reports
With the pandemic taking airlines as victims before the first half of the year, the Kingdom’s airlines hold sway as several factors play to its advantage for now
Lack of clarity over the economic stimulus plan and flipflop decisions are keeping the people guessing over the actual determination of the government to help Cambodians
The unrelenting negative economic effect of Covid-19 on businesses and banks’ stringent procedures have put Cambodians in a bind over term loans
While most countries are in various stages of the Covid-19 pandemic, Cambodia has had no new cases in over three weeks. But the Kingdom is holding its breath in preparation for what is to come if it comes, as the continuous negative test results are no guarantee that Cambodia is off the hook
Could the Covid-19 pandemic force Cambodia to reflect on its finances and expenditure?
Like the world over, the Cambodian corporate sector is feeling the strain of doing business as customers demand more compassion towards their plight. Still, there are some bittersweet lessons in the offing if one can see through this blight
Cambodian airlines fly low, keeping their expenses tight as they brace the period which is expected to get worse before gaining speed for a smooth climb
It’s simply a case of ‘Damned if you do, damned if you don’t!’.
The morbid effects of the coronavirus has prompted the Kingdom to cut back unnecessary spending, impose fiscal and monetary policies, and sacrifice tax revenue. But are these enough to take it through this rough period?
They say all good things must come to an end, perhaps not “the” end. A slowdown in real estate and construction credit growth, in light of the current economic landscape, might not be a bad thing.
The Kingdom’s rice sector, already challenged by climate change, survives under the throes of a symptomatic, disjointed adaptation and mitigation effort.
