Market Update

Surge in motor insurance in Cambodia

Motor insurance in Cambodia surged in 2023, reaching $24 million in gross premiums, a 26% increase from 2020. This growth reflects heightened awareness of insurance needs and benefits. Suy Channtharong, CEO of Forte Insurance Cambodia, credits strategic ...

29th March 2024

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Market Update

Laos-China railway explores railway cooperation with Cambodia

Laos-China Railway Co. LTD (LCRC) has received approval from the Cambodian government for potential collaboration in developing Cambodia's railway network to establish a high-speed railway connection between Cambodia and Laos. During a meeting ...

28th March 2024

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Market Update

$3.76 billion in investments are recorded by a Single Portal in 2023

In 2023, Cambodia's Online Business Registration System, also known as the Single Portal, facilitated the registration of businesses with a combined investment capital of $3.76 billion, marking a significant 69% surge from ...

27th March 2024

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Equity Report

PPAP 4Q23 Review: Net Profit Plunges 34% YoY

In 4Q23, container throughput slightly increased 2.9% YoY to 91,186 twenty-foot equivalent units (TEUs). On the other hand, the total volume of the containers decreased by ...

26th March 2024

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Equity Report

ABC 4Q23 Review: Bottom Line Declines on High Credit and Funding Costs

At the end of 4Q23, the number of loan accounts reached 661,941, up 11.9% YoY. Gross loan portfolio saw a slight uptick of 3.7% YoY, totaling USD 6,657.3mn at the end of 2023, mainly driven by 5.0% YoY growth ...

26th March 2024

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Equity Report

PPWSA 4Q23 Review: Strong Recovery and Resilience in Challenging Times

In 4Q23, total water subscription reached 478,141 connections, an increase of 2.4% compared to the previous quarter, and 5.9% compared to the same period last year. Of the total subscriptions, household clients account for 381,752 ...

26th March 2024

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Market Update

Cambodia's rice sector targets global market expansion

Cambodia has emerged as a crucial player in global food security, exporting over 650,000 tons of milled rice and 2.7 million tons of unmilled rice to more than 50 destinations in 2023. With a long-term vision to bolster its contribution to global food security, ...

26th March 2024

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Market Update

Former Cambodia PM calls for enhanced relations with Thailand

Former PM Hun Sen advocated for strengthening Cambodia-Thailand relations by elevating the current Strategic Partnership to a Comprehensive Strategic Partnership during a meeting with Wanmuhamadnoor Matha, President of the National Assembly ...

25th March 2024

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Market Update

Cambodia-Vietnam trade surges in early 2024

According to the General Department of Customs and Excise (GDCE), cross-border trade between Cambodia and Vietnam surged notably in the first two months of 2024, reaching $1.41 billion, a 30.4% increase compared to the same period the year prior. Cambodia's exports to ...

22nd March 2024

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Market Update

Cambodia and Hong Kong foster trade and investment relations

Cambodia and the Hong Kong Special Administrative Region (SAR) are intensifying efforts to enhance their relationship, particularly in trade and investment domains. During a meeting in Hong Kong on March 19, Sok Sopheak, Secretary of State at the Ministry of Commerce, engaged with ...

21st March 2024

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