Market Update

Construction on the new international airport in Siem Reap is 98% complete

According to a senior official, the building of the Siem Reap Angkor International Airport, which is expected to open in October, is 98% finished as of June 30. The new airport's IATA and ICAO codes are VDSA and SAI, respectively, and its official name is ...

10th July 2023

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Market Update

Fresh mango exports total more than 88,509 tons

Cambodia exported more than 88,509 tons of fresh mangoes in the first five months of this year. According to the Ministry of Agriculture, Forestry, and Fisheries, Vietnam was the biggest exporter of Cambodian fresh mangoes during the period, with ...

07th July 2023

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Market Update

The government begin draft of its revenue and spending plan for 2024

In 2024, Cambodia expects government revenue and spending to be equal to 23.07% and 26.29% of GDP (gross domestic product), respectively. This is according to a Royal Government of Cambodia (RGC) circular on the draft Strategic Budget Plan 2024-2026 and ...

06th July 2023

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Market Update

Launch of an interinstitutional payment system for ATM and POS services in Cambodia

The Cambodian Shared Switch (CSS) was officially launched by the National Bank of Cambodia (NBC) on July 4, 2023, to facilitate institutional payments using CSS debit cards at all ATMs and POS terminals of member institutions. The development of the CSS system, ...

05th July 2023

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Market Update

May saw a 20% increase in insurance premiums to nearly $28 million

In May of this year, the insurance industry in Cambodia collected more than $28 million in premiums, a 20% rise over the corresponding month in 2022. 18 general insurers, 14 life insurers, 7 micro-insurance businesses, and 1 reinsurance company ...

04th July 2023

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Market Update

Remittances to Cambodia increase to $1.25B

A report by the Asian Development Bank Institute, the Organization for Economic Co-operation and Development, and the International Labour Organization states that remittances from migrant workers in Cambodia increased from $1.15 billion in

03rd July 2023

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Market Update

The first-quarter inflation rate was 1.9%

As the protracted Ukraine crisis and international geopolitical tensions continued to stifle global consumer demand and impede trade growth, Cambodia saw an average annual inflation rate of 1.9% in the first quarter of 2023, down from 5.9% a year earlier and 3.2% ...

30th June 2023

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Equity Report

ABC's 2022 Review: Robust growth year despite headwind

Both deposits and loans experienced rapid growth in 2022. The total number of loan accounts increased by 9.3% YoY, and the gross loan portfolio increased by 18.3% YoY to USD 6,422mn, slightly above ...

29th June 2023

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Market Update

The service industry is expected to overtake agriculture as Cambodia's largest sector by GDP

In place of industry and agriculture, according to the gross domestic product (GDP) composition, the service sector is predicted to overtake them as Cambodia's largest sector, according to Prime Minister ...

29th June 2023

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Market Update

Apparel imports from Cambodia to Spain increase by 19% to $326.5 million

Spain's imports of clothing from Cambodia, which saw significant rise the previous year, have maintained their upward trend in the first four months of this year. From January to April of this year, imports significantly increased by 19.2% to $326.6 million from the ...

28th June 2023

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