Cambodia rates poorly for Malaysian credit rating agency
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Cambodia rates poorly for Malaysian credit rating agency
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/
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/
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- bolueeleh
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Re: Cambodia rates poorly for Malaysian credit rating agency
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
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