Cambodia rates poorly for Malaysian credit rating agency

Whether you're a working stiff or a business owner yourself, this is the place to discuss all aspects of financing your drinking habit ;-)

NO BUSINESS SALES HERE PLEASE, WE HAVE A SECTION FOR THAT IN THE CLASSIFIEDS.
User avatar
CEOCambodiaNews
Expatriate
Posts: 62459
Joined: Sun Oct 12, 2014 5:13 am
Reputation: 4034
Location: CEO Newsroom in Phnom Penh, Cambodia
Contact:
Cambodia

Cambodia rates poorly for Malaysian credit rating agency

Post by CEOCambodiaNews »

RAM maintains poor ratings
2 February 2018
Malaysian credit rating agency RAM reaffirmed Cambodia’s poor ratings on the global and Asean scales, pointing to the country’s poor business environment and weak institutional capacity.

The ratings – ‘gB1(pi)/stable/gNP(pi)’ on the global scale and ‘seaBB3(pi)/stable/seaNP(pi)’ on the Asean scale – mean the country is facing a lack of development, coupled with a poor business climate and low institutional capacity. These factors make the country “susceptible to external economic shocks”, according to RAM.

Medium-term challenges to the local economy include a worsening political situation and the gradual phasing out of grants and aid...
http://www.khmertimeskh.com/50106086/ra ... r-ratings/
Join the Cambodia Expats Online Telegram Channel: https://t.me/CambodiaExpatsOnline

Cambodia Expats Online: Bringing you breaking news from Cambodia before you read it anywhere else!

Have a story or an anonymous news tip for CEO? Need advertising? CONTACT US

Cambodia Expats Online is the most popular community in the country. JOIN TODAY

Follow CEO on social media:

Facebook
Twitter
YouTube
Instagram
User avatar
bolueeleh
Expatriate
Posts: 4448
Joined: Fri Jan 29, 2016 12:39 am
Reputation: 842
Location: anywhere with cheap bonks

Re: Cambodia rates poorly for Malaysian credit rating agency

Post by bolueeleh »

:ROFL: :ROFL: :ROFL: pot calling the kettle black, why dont this half ass rating agency rates her own country's 1MDB missing 1billion dollars? hows that for a country governance?
Money is not the problem, the problem is no money
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: No registered users and 152 guests