Market Update

NBC and NGB sign MoU to reduce dollarization

The National Bank of Cambodia (NBC) and the National Bank of Georgia (NGB) inked a memorandum of understanding (MoU) aimed at bolstering financial cooperation for de-dollarization effort. This historic agreement marks the first collaboration ...

06th May 2024

Market Update

IMF updates Cambodia's GDP figures

The International Monetary Fund (IMF) recently updated Cambodia's GDP figures for 2023, now standing at $41.9 billion, a 35% increase from previous calculations using 2014 as the base year, a shift from the outdated 2000 base. Mekong Strategic Capital (MSC) ...

03rd May 2024

Market Update

Cambodia and Mexico aim to strengthen trade ties

Trade and investment collaboration between Cambodia and Mexico is set to escalate following discussions between Cambodia Chamber of Commerce (CCC) and Ambassador of Mexico to Cambodia. They highlighted the need ...

02nd May 2024

Sovereign Yield

Cambodia's Sovereign Yields and Spreads

01st May 2024

Market Update

Sihanoukville's investment program gathers momentum from Chinese investors

Sihanoukville's Governor, Kouch Chamroeun, reports that 18 private firms have applied to invest in frozen construction projects under Cambodia's 'Special Investment Promotion Program ...

30th April 2024

Market Update

Cambodia-Japan trade reaches new heights

In 1Q24, Cambodia's exports to Japan surged to $365 million, marking an 18.4% increase from the previous year and solidifying Japan as Cambodia's fourth-largest export destination. With bilateral trade reaching $507 million ...

29th April 2024

Market Update

Cambodia's furniture industry poised for tenfold growth by 2033

A recent report by 'Research and Markets' forecasts a substantial surge in Cambodia's furniture production and trade, projecting a tenfold increase by 2033, to reach a market value of $1.484 billion. Despite a slight decline in furniture ...

26th April 2024

Market Update

Cambodia's cashew nut exports surge in 1Q24

According to the Cashew Nut Association of Cambodia, Cambodia's raw cashew nut exports reached $543 million in 1Q24, representing a 13% increase YoY. Cambodia exported 424,000 tons out of the total 474,000 tons produced ...

25th April 2024

Market Update

Indonesia hopes to expand trade ties with Cambodia

Indonesia aims to expand trade ties with Cambodia beyond rice, leveraging its position as the country's sixth-largest trading partner. Ambassador Santo Darmosumarto highlighted Indonesia's interest in collaborating on digital technology and green ...

24th April 2024

Market Update

Cambodia to start exporting coconuts to China

Cambodia celebrated a significant milestone with its first coconut exporting ceremony to China, attended by Deputy Prime Minister Sun Chanthol and Chinese Foreign Minister Wang Yi. Following the signing of a phytosanitary protocol last year, 13 ....

23rd April 2024