BANGKOK - Having dodged the worst of the coronavirus pandemic so far with just 240 infections to date, Cambodia is facing structural economic headwinds.
On Aug 12, tariff exemption on about €1 billion worth of Cambodia's exports to the European Union (EU) will be withdrawn. In October, the Kingdom may also join the bloc's blacklist of countries at risk of money laundering. Cambodia's economy is projected to shrink 1.9 per cent this year.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
