In 2023, as per data from the Cambodia Microfinance Association (CMA), deposit balance at AMK, Amret, LOLC, and Mohanokor increased from $2 billion to $2.22 billion, representing a 11% increase YoY. Meanwhile, the number of depositors only increased by ...
19th March 2024
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According to the Ministry of Finance (MEF), Cambodia's public debt stood at $11.24 billion by the end of 2023 - the majority of public debt is in US dollars (46%) and in Special Drawing Rights (19%). Furthermore, 99.5% of the public debt is owed ...
18th March 2024
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Japan has allocated $154 million to support Cambodia's Regional Hospital Development project, a significant step in bolstering the Kingdom's socio-economic growth. The concessional loan agreements, overseen by Cambodian ...
15th March 2024
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The Council for the Development of Cambodia (CDC) approved nearly $1.2 billion in investment capital - 35 new projects and 2 production expansion projects in existing companies - which will generate approximately 38,000 new ...
14th March 2024
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On a positive note, Cambodia's garment, footwear, and travel goods (GFT) exports increased by 22.22% in the initial two months of 2024, generating $1.89 billion in revenue. This growth, reversing an 18-month decline, signals ...
13th March 2024
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According to the Cambodian Valuers and Estate Agents Association (CVEA), Cambodia's real estate sector is expected to require to pre-pandemic levels within 2 or 3 years. Sorn Seap, president of CVEA, observed that the sector has not significantly ...
12th March 2024
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According to the Council for the Development of Cambodia (CDC), Cambodia received $1.3 billion in the first two month of the year, representing a 500% increase compared to the same period in 2023. China accounted for 39% of total FDI investments ...
11th March 2024
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Despite a global demand slowdown and geopolitical challenges, Cambodia experienced stable export growth, reaching $1.97 billion in January 2024, a 27% increase compared to the same period in 2023. Penn Sovicheat, Secretary of State at the Ministry ...
07th March 2024
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Cambodia's government spent roughly $3.85 billion on various infrastructures, industrial parks and economic centers by the end of 2023 to boost the economic activity in the northeast region with neighboring Laos ...
06th March 2024
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The Council for the Development of Cambodia (CDC) is set to greenlight two significant projects in Sihanoukville province with a combined investment value of nearly $600 million. The first project involves a 2,870 ...
05th March 2024
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