Market Update

Trade between Cambodia and Indonesia to exceed $1.1 billion

Cambodia and Indonesia's economic cooperation continues to strengthen, with bilateral trade growing by 15% in 2023 and nearly $580 million recorded in the first half of 2024, projecting over $1.1 billion by year-end. At the "Sousdey Indonesia" exhibition ...

16th September 2024

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Market Update

Joint Statement by the Securities and Exchange Regulator of Cambodia and the Telecommunications Regulator of Cambodia

The Securities and Exchange Regulator of Cambodia (SERC) and the Telecommunications Regulator of Cambodia (TRC) have recently identified unauthorized promotions of securities-related products and services through various telecommunication channels

13th September 2024

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Market Update

Cambodia seeks China's assistance in establishing first FTZ

Sun Chanthol, Deputy Prime Minister of Cambodia, has requested Chinese officials to collaborate on establishing the Kingdom's first free trade zone (FTZ) and expanding special economic zones (SEZs). During meetings with high-ranking ...

13th September 2024

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Market Update

Australia pledges to support Cambodian rice exports

Australia has assured Cambodia of continued support in developing its rice sector and helping local exporters find global markets. During the 7th Cambodia Rice Forum 2024 in Phnom Penh, Australian Ambassador Derek Yip highlighted ...

12th September 2024

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Market Update

Senate President Hun Sen urges South Korea to boost investment in Cambodia

Senate President Hun Sen has called on the South Korean government to encourage more Korean investors to explore opportunities in Cambodia, assuring them of protection ...

11th September 2024

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Market Update

Two new tyre plants approved in August following 3,500 jobs created

In August, the Council for the Development of Cambodia (CDC) approved two tyre manufacturing factories with a combined investment of $686 million, creating 3,459 jobs. These projects are part of a larger approval of 53 investments totaling ...

10th September 2024

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Market Update

Soft launch of electronic Know Your Business (e-KYB) system

The Techo Startup Centre, in collaboration with three government ministries, has launched the Electronic Know Your Business (e-KYB) system, designed to verify the identity, status, and legal compliance of enterprises. The e-KYB system streamlines business registration, tax compliance, ...

09th September 2024

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Market Update

Cambodia to complete 1,300-kilometre border road network in 10 years

Prime Minister Hun Manet announced that Cambodia has completed around 50% of its 2,660-kilometer border road network, with the remaining 1,300 kilometers expected to be finished within the next 10 years at a cost of $200 million. Speaking ...

06th September 2024

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Market Update

Japan loan $55 million USD for Phnom Penh city transmission and distribution system expansion

Japan will provide a loan of JPY 7,988 million (approximately $55 million USD) to Cambodia for the Phnom Penh City Transmission and Distribution System Expansion Project (Phase 2). The loan agreement will be signed by ...

05th September 2024

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Market Update

Cross-border insurance to be a reality soon for Cambodia

Cambodia is advancing towards implementing cross-border motor insurance for vehicles traveling between Cambodia, Vietnam, Thailand, and Laos, with the Insurance Association of Cambodia (IAC) playing a key role. The IAC is collaborating with the Insurance Regulator of Cambodia (IRC) and the General Department of Customs ...

04th September 2024

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