Market Update

Cambodian mines produce 13 tonnes of gold dore bars

Cambodia's gold mining sector is flourishing, with private companies like Renaissance Minerals Company and Rong Cheng Company producing a total of 12,558 kg of dore bars containing a 90% gold solution as of November 3. This production data was released amid intensified efforts by authorities ...

07th November 2024

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Market Update

Cambodia's agricultural exports grow by 53% YoY over nine months of 2024

Cambodia exported 8.5 million tonnes of agricultural products in the first nine months of 2024, marking a 53% rise over 2023, according to a senior official from the Ministry of Agriculture, Forestry, and Fisheries (MAFF). These exports generated approximately $3 billion, driven ...

06th November 2024

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Market Update

Cambodia's microfinance sector sees minimal loan growth amid economic challenges

In the first three quarters of 2024, Cambodia's microfinance sector recorded only a 1% growth in loan volume, reflecting the strain of unfavorable global economic conditions. According to the Cambodian Microfinance Association (CMA), non-performing loans ...

05th November 2024

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Market Update

ADB and Cambodia strengthen partnership to enhance water supply and sanitation services

The Asian Development Bank (ADB) is partnering with Cambodia's Ministry of Industry, Science, Technology & Innovation (MISTI) to enhance the country's water supply and sanitation systems. In a recent meeting between Minister Hem Vanndy and ...

04th November 2024

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Market Update

Cambodia and Ukraine explore potential for economic and investment collaboration

On October 30, Cambodian and Ukrainian officials met to discuss the possibility of a bilateral agreement focused on mutual investment promotion and protection. During the meeting, Sar Senera, Deputy Secretary General ...

01st November 2024

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Market Update

Cambodia launches digital trust registration system for streamlined trust management

The Royal Government of Cambodia introduced a new digital platform, the Trust Registration System, to simplify the procedures for trust management, including creation, renewal, and termination, under the oversight of the Ministry of Economy and Finance's Trust Regulator. Announced ...

31st October 2024

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Market Update

Growth in new trading accounts recorded by Cambodia Securities Exchange

The Cambodia Securities Exchange (CSX) has seen an increase in new trading accounts, surpassing 57,000, with projections to reach 61,000 by the end of 2024, according to CEO Hong Sok Hour. Speaking at the Cambodia Stock Market Exhibition 2024, Sok Hour noted ...

28th October 2024

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Market Update

Cambodia sees 4.8 million international visitors in the first nine months of 2024

Cambodia welcomed 4.8 million foreign visitors in the first nine months of 2024, marking a 22% YoY increase compared to the previous year, as reported by the Ministry of Tourism. This figure represents 99.7% of the total number of visitors during the same ...

25th October 2024

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Market Update

USAID grants $29 million aims for trade over aid to boost Cambodia's growth

USAID Administrator Samantha Power announced a new $50 million US aid package to support Cambodia's economic growth. Of this, $29 million is dedicated to improving food safety regulations, market access, and the adoption of advanced agricultural technologies. The initiative focuses on empowering farmers, promoting climate-smart ...

24th October 2024

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Market Update

Cambodia signs MoUs to enhance direct flights with Middle East and European countries

Cambodia has signed multiple Memoranda of Understanding (MoUs) with countries in the Middle East, including Qatar and the UAE, as well as Turkey, to promote direct flights and increase international passenger and freight traffic. These agreements were signed by Minister ...

23rd October 2024

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