Corruption once again remained the key issue for businesses …

Business barometer falls as political uncertainty looms

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.

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“It’s not just political uncertainty with the upcoming elections that has eroded high levels of business confidence,” he said. “It’s the arbitrary and capricious political environment in which no dissent will be brooked.”

He added that businesses “need customers who are happy and buying, not customers who are angry and afraid”.