Cambodia’s business confidence falls according to a survey by ANZ Bank

[Siemreap.net]

Cambodia’s business confidence falls according to the ANZ Royal Business Confidence Index Survey. The reasons are:

• corruption;
• increasing local and global competition;
• perceived political instability;
• uncertainty about this year’s commune elections and next year’s general elections;

The business confidence index is the first of its kind in Cambodia and is based on survey responses from companies operating in the agricultural, manufacturing and services industry, having an annual revenue of more than 1 million US Dollars.

[Siemreap.net]

“Business barometer falls as political uncertainty looms”, Phnom Penh Post

Business confidence among companies operating in Cambodia has dropped to its lowest level in years on the perceived decline in political stability and anxiety over next year’s general elections, and will likely cool investor appetite for the foreseeable future, according to a new survey by ANZ Royal Bank.

Continue Reading: http://www.phnompenhpost.com/business/business-barometer-falls-political-uncertainty-looms

[Siemreap.net]

“ANZ: Business confidence falls”, Khmer Times

Cambodia’s business confidence index fell by seven percentage points from last year due to global competition, perceived political instability, and a bearish climate due to the upcoming commune elections, according to the latest ANZ Royal Business Confidence Index Survey report released yesterday.

Continue Reading: http://www.khmertimeskh.com/news/36008/anz–business-confidence-falls/

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