Market Update

Cambodia's banking and finance sectors continue to grow in the first half of the year

Cambodia's banking and financial industry saw moderate growth in loans and deposits in the first half of 2024, according to the National Bank of Cambodia's biannual report. Outstanding loans grew by 2.6% YoY to $58.9 billion, while customer deposits ...

26th July 2024

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Market Update

Chinese Ambassador believes Phnom Penh has the potential to become a key business hub in Indochina and ASEAN

Chinese Ambassador Wang Wenbin has expressed confidence in Phnom Penh's potential to become a major business center and energy hub in Indochina and ASEAN due to its rapid development. During his visits to ...

25th July 2024

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Market Update

Cambodia receives 3.16 million foreign tourists in the first half of the year

Cambodia welcomed 3.16 million foreign tourists in the first half of this year, marking a 22.7% increase from the previous year, according to a Ministry of Tourism report. Thailand led the list with 955,250 visitors, despite a 9.7% decrease from the previous ...

24th July 2024

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Market Update

Hong Kong business leaders eye Cambodia as new leadership signals a more pro-trade approach

Top Hong Kong business executives are set to join the city leader's trip to Cambodia, Laos, and Vietnam to explore new business opportunities under Prime Minister Hun Manet's more "aggressive" preferential policies. The financial ...

23rd July 2024

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Market Update

Cambodia's trade with RCEP countries increased by 14% YoY in the first half of 2024

In the first half of this year, Cambodia's trade volume with Regional Comprehensive Economic Partnership (RCEP) countries reached $16.9 billion, a 14% increase from the previous year, according to a Ministry ...

22nd July 2024

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Market Update

Feasibility study for Phnom Penh-Siem Reap-Poipet Expressway completed

China Road and Bridge Corporation (CRBC) has completed a feasibility study for the proposed Phnom Penh-Siem Reap-Poipet Expressway, Cambodia's third expressway project. This project, which begins at Win-Win Boulevard and ends at Poipet ...

18th July 2024

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Market Update

3,130 new enterprises generate 77,436 jobs in Cambodia in the first half of 2024

In the first six months of 2024, Cambodia saw a notable surge in new enterprises, with 3,130 businesses launched, employing 77,436 workers, including 43,172 women, primarily in the garment sector. As of June 2024, there are ...

17th July 2024

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Market Update

NEA offers 3,380 jobs to 17,535 applicants in the first half of the year

The National Employment Agency (NEA) of the Ministry of Labour and Vocational Training (MLVT) in Cambodia provided 3,380 jobs to 17,535 registered job seekers in the first half of 2024. Most of these positions were filled by ...

16th July 2024

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Market Update

Cambodia-China trade experiences strong growth in the first half of 2024

Cambodia and China have experienced a significant surge in bilateral trade during the first half of 2024, with trade volume reaching $7.31 billion from January to June, marking an 18.8% increase from $6.15 billion in the same ...

15th July 2024

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Market Update

GFT exports increase by 17% YoY in the first half of 2024

Cambodia's garment, footwear, and travel goods (GFT) exports surged by 16.89% YoY in the first half of 2024, generating $6.15 billion, according to data from the General Department of Customs and Excise (GDCE). The GFT sector is a cornerstone ...

12th July 2024

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