Market Update

Thailand-Cambodia to strengthen cooperation and trade ties

Cambodia and Thailand have agreed to enhance and expand their cooperation in multiple sectors, including economy, trade, tourism, security, and demining activities, following a meeting between Cambodian Prime Minister Hun Manet and Thai Foreign Minister Maris Sangiampongsa in Phnom Penh. ...

28th June 2024

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Market Update

Prime Minister urges MSMEs to contribute to socio-economic development

Cambodian Prime Minister Hun Manet has urged the owners of Micro, Small and Medium-sized Enterprises (MSMEs) to work together to contribute to the country's socio-economic development. MSMEs play a crucial role ...

27th June 2024

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Market Update

Bakheng water plant to help ease increasing water demand

The Cambodian government allocated approximately $660 million for the three phases of the Bakheng water treatment plant to address the increasing demand for clean water in Phnom Penh and Takhmao City. The project, overseen by ...

26th June 2024

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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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