Market Update

Cambodia raises $62 million through government bond issuance

The Cambodian government has raised approximately $62 million from local investors through the issuance of government bonds in the first half of 2024, reflecting growing confidence in the country's economic trajectory and fiscal management. This ...

02nd August 2024

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Market Update

Hong Kong enhances collaboration with Cambodia: 13 MoUs signed to boost business opportunities and promote mutual economic growth

A delegation led by Hong Kong Special Administrative Region (HKSAR) Chief Executive John Lee visited Phnom Penh, Cambodia, to strengthen business and economic ties. During the visit, 13 memoranda ...

01st August 2024

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Market Update

Mandatory third-party motor vehicle insurance is set to be implemented by 2025

Cambodia plans to introduce compulsory third-party motor insurance by 2025 to enhance road safety and ensure that victims of road accidents receive appropriate compensation. This policy will mandate all vehicle ...

31st July 2024

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Market Update

Vietnam will increase its electricity supply to Cambodia to 400 MW in 2025

Vietnam has agreed to increase its electricity supply to Cambodia from the current 250 MW to 400 MW, aiming to boost Cambodia's economy and prevent power shortages. Vietnamese Prime Minister Pham Minh Chinh announced the plan during a ...

30th July 2024

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Market Update

Cambodia reveals ambitious strategy for developing coastal provinces

The Royal Government of Cambodia has unveiled a master plan aimed at transforming the coastal provinces into a multi-purpose economic corridor and a premier beach tourism destination. Titled "Master Plan for the Development of Cambodia's Coastal Provinces as a Multi-Purpose Economic Corridor and Cell Interface," the ...

29th July 2024

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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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