Market Update

Leaders of Vietnam and Cambodia promise $20 billion in trade

Leaders of Cambodia and Vietnam have pledged to boost bilateral trade to $20 billion in the coming year, despite economic uncertainties. This commitment is grounded in the strong political and economic ties between the two ...

13th December 2023

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Market Update

Trade deficit narrows as exports marginally rise

In the first 11 months of 2023, Cambodia experienced a modest uptick in its export figures, surpassing $20 billion, indicating a slight growth (+1.2%) compared to the previous year. Notably, the country's trade deficit contracted from over $3 billion ...

12th December 2023

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Market Update

NBC encourages green finance

The National Bank of Cambodia (NBC) and the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) have signed an MoU to promote sustainable finance in Cambodia, aligning with the government's Pentagonal ...

11th December 2023

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Market Update

In the first ten months of 2023, Cambodia's national budget revenue reached $4.9 billion, a 2% decrease

The Ministry of Economy and Finance has reported a 2.02% decline in national revenue collection during the initial 10 months of 2023, in comparison to the corresponding ...

08th December 2023

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Market Update

EU wants to invest in cashew nut processing facilities in Cambodia

The European Union (EU) is actively encouraging European investors to relocate cashew processing operations from neighboring countries to Cambodia. In collaboration with the Ministry of Commerce, Ministry of ...

07th December 2023

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Market Update

In ten months, Cambodia's exports to other RCEP members increased significantly

Cambodia's exports to Regional Comprehensive Economic Partnership (RCEP) member countries surged to $6.45 billion in the first ten months of 2023, marking a 26.5% increase from the same period in the previous year, as reported by the Ministry ...

06th December 2023

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Market Update

EV registrations increase to 1,162 as of Sep 2023

As of September 2023, the Ministry of Public Works and Transport (MPWT) reports a surge in registered electric vehicles (EVs) in Cambodia, reaching a total of 1,162. This increase is linked to a growing awareness of carbon emissions. The Cambodian ...

05th December 2023

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Market Update

From January to November, Cambodia's agricultural exports bring in almost $4 billion

In the first 11 months this year, Cambodia recorded the exportation of 7.3 million tonnes of agricultural products, resulting in a revenue of nearly $4.2 billion, as indicated by the report from the Ministry of ...

04th December 2023

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Market Update

Foreign visitor numbers are soaring in the first ten months of 2023

Cambodia has experienced a significant surge in foreign tourist arrivals during the first ten months of 2023, with over 4.4 million visitors, marking a remarkable 179.7% increase from the same period in 2022. The majority of these travelers ...

01st December 2023

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Market Update

First LNG gas-fired power plant to be constructed in Cambodia

Cambodia is embarking on the construction of its inaugural gas-fired power station at Botum Sakor, following the cancellation of a 700 MW coal power plant project in Koh Kong. This new gas-fired facility is intended to replace the previousl ...

30th November 2023

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