Moody's credit rating for Cambodia remains stable

CEOCambodiaNews · Post by **CEOCambodiaNews** » Sat Apr 28, 2018 9:02 pm

Moody’s keeps ‘stable’ rating for Cambodia
Reuters -
April 28, 2018
Phnom Penh – Ratings agency Moody’s on Friday kept Cambodia’s credit rating at B2 with a stable outlook, saying its robust GDP growth prospects, macroeconomic stability and efforts to strengthen government revenue helped bolster its “continuing high-debt affordability”.

Read the full story: https://www.bangkokpost.com/news/asean/ ... r-cambodia

markd · Post by **markd** » Sat Apr 28, 2018 10:18 pm

does anyone still take them seriously after the last gfc

CEOCambodiaNews · Post by **CEOCambodiaNews** » Sat May 11, 2019 8:14 pm

Robust growth prospects but prominent risks for Cambodia: Moody’s
By Business Times - May 11, 2019

CAMBODIA is expected “to see continued robust growth, although risks are prominent”, said Moody’s Investors Service in a May 10 update. The country saw real gross domestic product growth of 7.5 per cent in 2018, due to increasing exports, robust tourism and continuing strong foreign direct investment inflows that supported construction and job creation.

Besides robust growth prospects, Cambodia also has “modest and highly affordable government debt”, said Moody’s. However, it faces financial system and geopolitical risks, as well as a weak institutional framework.

In full: https://www.businesstimes.com.sg/asean- ... dia-moodys