Market Update

Phase 1 of the Techo International Airport nears completion

The first phase of the $1.5 billion Techo International Airport (TIA) is nearing completion, with construction 78% finished and operations set to commence by February next year. Pung Kheav Se, Chairman of Cambodia Airport Investment Co., Ltd. (CAIC), highlighted this progress ...

25th June 2024

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Market Update

World Bank approves $275 million in funding for Cambodia's growth

The World Bank has approved a second tranche of $275 million to support Cambodia's post-pandemic economic growth, following ...

24th June 2024

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Market Update

RGC pushes to formalize informal economy

The Royal Government of Cambodia (RGC) has introduced tax incentives to encourage micro, small, and medium-sized enterprises (MSMEs) in the informal economy to register with the Ministry of Commerce (MoC) and the General Department ...

21st June 2024

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Market Update

Cambodia attracted $48.4 billion in FDI from 2018-2023

Between 2018 and 2023, Cambodia attracted 197 trillion riels ($48.4 billion) in foreign direct investment (FDI), with China contributing 45.6%, according to the National Bank of Cambodia (NBC). Other major investors included South Korea (11.8%), ...

20th June 2024

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Market Update

Resurgence of Chinese tourists arriving into Cambodia

The number of Chinese tourists to Cambodia increased 41.5% YoY from 184,009 in the first four months of 2024 to 260,455 travelers, according to a report by the Ministry of Tourism. According to the report, Chinese tourists ...

19th June 2024

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Market Update

Cambodia's public debt stands at $11.09 billion in 1Q24

As of 1Q2024, Cambodia's public debt totaled $11.09 billion, according to the Ministry of Economy and Finance. The debt comprises 64% from bilateral development partners and 36% from multilateral ones, denominated in USD (46%), SDR (19%), CNY (11%), ...

17th June 2024

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Market Update

Cambodia and South Korea strengthen economic ties

The Ministry of Commerce and the Korea Trade-Investment Promotion Agency (KOTRA) in Cambodia have pledged to enhance trade promotion and bilateral collaboration to strengthen economic ties. During a meeting ...

14th June 2024

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Market Update

Cambodia's bicycle exports drop 37% YoY in the first five months of 2024

Cambodia's bicycle exports, including electric bicycles, dropped by 37% YoY in the first five months of 2024, totaling $169 million compared to $271 million in the same period last year, according to the General Department of ...

13th June 2024

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Market Update

Insurance sector grows moderately YoY

Cambodia's insurance sector continued its expansion at a slower pace, with total premiums reaching $96.5 million in 1Q24, up 9% YoY, according to the Insurance Regulator of Cambodia (IRC). The market comprises 18 general insurers, 14 life insurers, seven ...

12th June 2024

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Market Update

Cambodia's tire exports reached $308 million in the first five months this year

Cambodia exported $308 million worth of tire in the first five months this year, representing a staggering 204% increase compared to the $101 million recorded during the same period last year, according to the Ministry of Commerce. This growth ...

11th June 2024

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