Market Update

PM Hun Manet highlights Cambodia-Korea trade and investment relations

Prime Minister Hun Manet announced that bilateral trade between the Republic of Korea and Cambodia reached approximately $751 million last year, with Korea's foreign direct investment (FDI) in Cambodia totaling ...

17th May 2024

Market Update

Cambodia's trade with RCEP countries surges to $11.19 billion in 1Q24

Cambodia earned over $3.36 billion from exports to Regional Comprehensive Economic Partnership (RCEP) members in 1Q24, up 16.2% from $2.89 billion in the same period in 2023. The Ministry of Commerce noted that imports ...

16th May 2024

Estimation of Cambodia's Sovereign Yields & Credit Spreads

INTRODUCTION

16th May 2024

Market Update

Cambodia's industrial expansion boosts economy

The Ministry of Industry, Science, Technology and Innovation registered 75 new factories in 1Q24, increasing the total to 2,195. Predominantly garment factories, these new investments were mainly from China, South Korea, Japan and Thailand. In April alone, 20 ...

15th May 2024

Market Update

Cambodia-China trade continues to rise in the first fourth months of 2024

Cambodia-China trade has witnessed a 15.1% increase in the first four months of 2024, reaching $4.48 billion, according to a report by Cambodia's General Department of Customs and Excise. China remains Cambodia's top trading partner, followed ...

13th May 2024

Market Update

Cambodia sees surge in online business registrations

As of May 5th 2024, a total of 35,829 businesses with a capital of $10.22 billion have been registered through the Online Business Registration platform, known as the Single Portal-Phase 1, according to an official report. The system has reserved 19,094 company ...

10th May 2024

Market Update

Cambodia's rice exports surge to $170 million

In 1Q24, Cambodia's rice exports surged, with 248,491 tons valued at $170.2 million shipped abroad, as reported by the Cambodia Rice Federation (CRF). April alone accounted for $46.6 million from exporting 82,491 tons of rice, with China ...

09th May 2024

Market Update

Cambodia's export growth highlights the country's economic resilience

Prime Minister Hun Manet underscored Cambodia's robust export performance, with an average growth of 13.3% between 2017 and 2023, reaching $23.47 billion in 2023 or 54.7% of the GDP. Speaking at the National Single Window ...

08th May 2024

Market Update

Cambodia plan to establish large-scale seedling nurseries across 5 provinces

The Ministry of Environment plans to establish five large-scale seedling nurseries in five provinces, with Tboung Khmum hosting Cambodia's first regional nursery capable of producing over one million seedlings annually. These nurseries ...

07th May 2024

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