Market Update

Almost 700 trusts with $1.22 billion in registration

Cambodia has seen a significant increase in trusts, with 683 trusts registered with an investment fund of $1.22 billion as of November 14, according to Director General Sok Dara. The trust sector's growth is attributed to foreign investors' confidence ...

16th November 2023

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Market Update

By 2040, the airport in New Siem Reap expects 12 million passengers

The Siem Reap-Angkor International Airport (SAI) is scheduled to open its doors on December 1, anticipating the handling of 12 million passengers by 2040. Boasting 38 berths, SAI initially accommodates 7 million passengers annually, with ...

15th November 2023

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Market Update

Cambodia's Prime Minister stresses private sector's vital role in Economic Vision 2050

Prime Minister Hun Manet of Cambodia has underscored the pivotal role of the private sector in the nation's economic advancement. During the 19th Government-Private Sector Forum, the government strives ...

14th November 2023

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Market Update

In ten months, Cambodia's exports reach $18.5 billion

In the first ten months of 2022, Cambodia's exports reached $18.59 billion, reflecting a 0.2% increase compared to the same period last year. Key exports included apparel, footwear, travel goods, bicycles, as well as agricultural products like ...

13th November 2023

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Market Update

Total revenue for the central government is $4.6 billion as of September 2023

Cambodia's budgetary central government (BCG) revenue reached over $4.6 billion in the first nine months of 2023, reaching 73% of the financial target. From January to September, the government amassed 19.107 trillion riels, representing 72.8% ...

10th November 2023

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Market Update

The PM says Preah Sihanouk will serve as the nation's center for logistics

Cambodia's Prime Minister Hun Manet has launched a master plan to develop the coastal Preah Sihanouk province as the country's logistics hub. The Ministry of Public Works and Transport (MPWT) is tasked with developing railway ...

08th November 2023

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Market Update

In ten months, rice exports bring in $450 million

Cambodia has reported a revenue of $450 million in the first ten months of the current year from approximately 530,000 tonnes of milled rice. The country's rice exports, primarily from various varieties, reached $708 million in neighboring countries ...

07th November 2023

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Market Update

Cambodia looks to the future of joint energy

Cambodia and Thailand are collaborating on a Joint Development Area (JDA) for oil and gas exploration within the Overlapping Claims Area (OCA), which could hold up to 500 million barrels. The area is expected to contain significant oil and gas ...

03rd November 2023

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Market Update

The IMF expects Cambodia's economy to continue to recover

The International Monetary Fund (IMF) has assessed Cambodia's economy and predicted growth in the coming years. The country's economy experienced an acceleration in 2022, with a growth rate of 5.2%. The IMF projects that Cambodia's economy ...

02nd November 2023

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Market Update

$2.8 billion in taxes collected in nine months

Cambodia's General Department of Taxation (GDT) collected $2.8 billion in tax revenue in the first nine months of 2022, a 4.7% increase from the previous year. The increase was attributed to tax system reforms, including providing services ...

01st November 2023

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