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Cambodia’s GDP projected to reach 5.5% in 2025, 2026: World Bank

Cambodia’s economic growth this year is projected to reach 5.3 per cent compared to 5 per cent in 2023, driven primarily by services and goods exports, the World Bank has said.
The surge in manufacturing exports—especially in garment, travel goods and footwear; the revival of the travel and tourism industries; and the continued inflow of FDI have helped sustain the recovery.Read More

22.12.2024Comments Off,
Brexit reduced goods exports by ~$34 bn; smaller firms most hit: LSE

The Trade and Cooperation Agreement (TCA) reduced total goods exports from the UK by an estimated $34 billion, or 6.4 per cent, in 2022 due to a 13.2 per cent fall in the value of goods exported to the EU, according to the London School of Economics.
Researchers there found that 14 per cent of firms that had previously exported to the EU stopped doing so after the TCA came into force in January 2021.Read More

22.12.2024Comments Off,
Saudi Arabia to raise number of logistics zones from 22 to 59 by 2030

Saudi Arabia is developing 18 logistics zones near ports, with total investment worth over $2.66 billion, and plans to raise the number of such zones from 22 to 59 by 2030, minister of transport and logistics Saleh Al-Jasser told the sixth edition of the Supply Chain Conference in Riyadh.
Ninety one pacts worth $2.20 billion were signed there to develop operations and efficiency of supply chains.Read More

22.12.2024Comments Off,