Market Update

ADB approves $93.6M financing to support 'WASH' services in 400 Cambodian villages

The Asian Development Bank (ADB) has approved $93.6 million in loans and grants to enhance climate-resilient and inclusive rural water supply, sanitation, and hygiene (WASH) facilities for 88,000 households in 400 villages across nine Cambodian provinces. The program ...

03rd September 2024

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Market Update

Cambodia attracts $7.5 billion investments in new government's first year mandate

Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government, with China being the largest source of investment, according to the Council for the Development of Cambodia (CDC). The number of ...

02nd September 2024

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Market Update

Cambodia and South Korea launch cross-border QR code payments

Cambodia and South Korea have launched cross-border QR code payments, allowing citizens of both countries to use QR codes for transactions. The initiative enables payments through Cambodia's Bakong KHQR and South Korea's Jeonbuk Bank mobile ...

30th August 2024

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Market Update

Cambodia set to sign DTAs with Laos and Philippines

Cambodia is set to sign double taxation agreements (DTAs) with Laos and the Philippines, having completed technical procedures, according to the General Department of Taxation (GDT). The Kingdom is also negotiating DTAs with Myanmar, France, Japan, Morocco, and the UAE ...

29th August 2024

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Market Update

PM seeks stimulus package for northeastern provinces

Prime Minister Hun Manet has tasked the Ministry of Economy and Finance (MEF) with preparing a stimulus package to boost investment in Cambodia's northeastern provinces - Kratie, Stung Treng, Mondulkiri, and Ratanakiri. He asked for ...

27th August 2024

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Market Update

Cambodia, Thailand committed to reach $15 billion in bilateral trade by 2025

Cambodia and Thailand are working towards increasing bilateral trade to $15 billion by 2025, according to a senior official from Thailand's Ministry of Commerce. Under the Joint Commission for Bilateral Cooperation, both countries aim ...

26th August 2024

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Market Update

PM extends tax exemption for tourism businesses for another year

Cambodian Prime Minister Hun Manet announced an extension of the tax exemption for tourism businesses in Siem Reap until June 2025, aiming to alleviate ...

23rd August 2024

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Market Update

Bank credit growth slows, while deposits rise by 13% YoY to $52 billion

Cambodia's banking system remains strong in capital and liquidity, but credit quality and profitability have declined. In the first half of 2024, loans grew by...

22nd August 2024

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Market Update

$12.7 million in trading volume recorded on Cambodian Securities Exchange in Q2 2024

The Cambodian Securities Exchange (CSX) reported a trading value exceeding $12.7 million in Q2 2024, reflecting a dynamic but uneven performance across its Main and Growth Boards. While the Main Board ...

21st August 2024

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Market Update

Bakong Tourists app launched, allowing payments at 3.3 million locations

The National Bank of Cambodia (NBC) has introduced the Bakong Tourists mobile payment system to simplify transactions for travelers, address issues with damaged banknotes, promote the riel, and enhance the tourism sector. Available on both iOS and Android, the app ...

20th August 2024

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