Thursday, August 13, 2009

FDI in Cambodia halves in first 6 months of 2009

PHNOM PENH, Cambodia, Aug 13, 2009 (Asia In Focus via COMTEX) -- Flows of foreign direct investment into Cambodia dropped by 50 per cent in the first six months of 2009, compared with the same period last year, local officials have said. Investment by China and South Korea - the two biggest investors in 2008 - decreased by 93 per cent and 58 per cent respectively, while Japan's investment surged beyond expectations, the Council for the Development of Cambodia (CDC) said in its latest report.

3 comments:

Anonymous said...

Wow, it is the first time that I just hear the cambodian economy was impacted from the world economic crises. For last 6 months ago PhD Kang Chhantaratouth from research economic institut in Cambodia confirmed strongly on the radio free Asia (RFA) that the Cambodian economy will not impact from the world eco. crises. But now you can see for yourself. What kind of your PhD?
If you has no exsperience on this field, please don' t stated blind like that.

Siam Reap boy

Anonymous said...

12:23AM! you are asking for too mutch!
Why don't those guys took one eye out,so they all will be the same level with Ah Kwack Hun Xen????

Anonymous said...

to 3:18 AM,
By my understanding Mr. 3:18 AM wanted to blaim Mr PM Hun Sen, that is not correct, why? because he is not economic expert like Mr. 3:18 AM. Where as the eco. experts in the Globe were afraid from this eco. resession, Mr. 3:18 AM told RFA that Cambodia will not impact from case.

Olala