Business barometer falls as political uncertainty looms

[geovalin]

Kali Kotoski

 

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.

 

The ANZ Royal Business Confidence Index, a benchmark that takes its data from businesses surveyed across the industry, agriculture and services sectors, rated overall business confidence in Cambodia at 76 out of 100, down seven points compared to last year’s survey.

 

“The overall score of business confidence for the next 12 months dropped to the lowest point of all waves of the study,” according to the report, which has been published annually since 2014.

 

READ MORE http://www.phnompenhpost.com/business/business-barometer-falls-political-uncertainty-looms

 

-- © Copyright Phenom Pen Post 02/03

[Kabula]

You might consider adding the word, Worldwide at the end of the sentence!

Edited March 3, 2017 by Kabula

[elgordo38]

On 3/2/2017 at 8:38 AM, geovalin said:

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

Thailand take note. Nothing a barometer could not fix. wink wink