Deposits in riel with deposit-taking corporations have grown faster than those in foreign currencies in the first half of 2023, particularly the US dollar. The riel deposit has risen 31.5% to 19.1 trillion riel, or $4.65 billion, compared to the same period ...
14th September 2023
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Cambodia's General Department of Taxation (GDT) has collected 64% of the budget plan for 2023 in the first seven months of this year, indicating that the collection will exceed the target by the end of the year. GDT Director General Kong Vibol said that ...
13th September 2023
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Cambodia has 24 special economic zones (SEZs) operating since 2016 with capital investment of $8.1 billion, mainly in sectors like garment, footwear, travel products, auto parts, electronics, car tyre manufacturing, automotive, and bicycle assembly. The Council ...
12th September 2023
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Cambodia exported $15.7 billion in the first eight months of 2023, a slight increase of 0.3% from the same period last year. The country's export to China surged by 16.8% to $940 million during January-August, from $804.6 million in the same period ...
11th September 2023
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Prime Minister Hun Manet has sought cooperation from ASEAN neighboring countries to construct a submarine electricity transmission from Laos to Singapore. The project requires network infrastructure across Cambodia, Thailand, and Malaysia. The leaders ...
08th September 2023
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Cambodia's public debt reached $10.72 billion in the first half of 2022, with 99.57 percent being public external debt and the rest being domestic public debt. The majority of the debt comes from bilateral development partners, with China being the main concessional ...
07th September 2023
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Prime Minister Hun Manet has urged ASEAN member countries to improve bilateral trade agreements through inclusive digital transformation within the region's cooperation framework. He emphasized the importance of ASEAN's unity and centrality in advancing ...
06th September 2023
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Cambodia's unemployment rate is expected to decrease to 0.3% in 2023, according to latest figures from the labor ministry, based on data from the International Labour Organisation (ILO). This is the lowest among countries with similar economic ...
05th September 2023
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This study looks at the macroeconomic and bank-specific factors that affect non-performing loans and how they affect Cambodian banks' profitability. The study uses panel data with a sample of 35 commercial banks in Cambodia from 2017 to 2022 given an observation of 210.
04th September 2023
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ASEAN's digital economy is projected to reach $330 billion by 2025, with foreign direct investments (FDI) increasing significantly since 2010. The ASEAN-Business Advisory Council (ASEAN-BAC) has collaborated with central banks to develop ...
04th September 2023
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