Cambodia and Thailand aim for $15 billion in trade by 2027

Economy and Industry

Cambodia and Thailand aim for $15 billion in trade by 2027 Cambodia and Thailand have set an ambitious bilateral trade target of $15 billion by 2027, reflecting the growing economic interdependence between the two neighbouring countries. The agreement to elevate trade ties underscores this deepening relationship. Cross-border trade - particularly through border Special Economic Zones - is expected to play a critical role in achieving the target. During recent talks, the two ministers discussed strategies to enhance trade facilitation and logistics infrastructure, including the upcoming inauguration of the Cambodian-Thai Friendship Bridge. Achieving the $15 billion target is considered feasible if both sides work to add value to cross-border exchanges, especially in the agricultural sector. Policy analyst Seun Sam believes that reaching this goal is possible, but it will require innovation and investment in value-added processing within Cambodia. Both governments have expressed strong commitment to boosting trade and economic cooperation, with several initiatives under discussion to ease cross-border flows and improve logistics infrastructure. (Source: The Phnom Penh Post)

QR code stickers for farm products coming soon Cambodia's Ministry of Agriculture, Forestry and Fisheries (MAFF) is planning to create origin-identifying stickers with QR codes for Cambodian agricultural products. The initiative aims to prevent counterfeiting and enhance the confidence of buyers and consumers. The stickers provide full traceability, offering information about the product's origin, processing, and health and safety standards. This transparency builds trust, improves food safety, and supports export readiness, particularly in high-standard markets like China and the EU. The project was announced during a visit to durian farms in Pursat province. The QR codes also provide clear location data and details about the harvest process and ingredients used in production. Prime Minister Hun Manet has emphasized the importance of food safety during a cabinet meeting, highlighting the need for stricter controls on imported durian and beef products. (Source: Khmer Times)

ASEAN power grid set to drive FDI growth in Cambodia amid strengthening Malaysia ties Cambodia and Malaysia are aiming to strengthen cooperation in various sectors, including investment, commerce, halal industry, cyber security, Islamic banking, energy, defense, tourism, agriculture, and education. The ASEAN Power Grid, which will pass through Cambodia, Thailand, Laos, Vietnam, Malaysia, and Singapore, will benefit these countries greatly from higher foreign direct investment. The agreement is expected to be signed in October, with the first phase starting with an undersea cable from Vietnam to Malaysia, and the second phase fast-tracked to benefit Cambodia, Laos, and Thailand. (Source: Kiripost)

Corporate News

Air Cambodia's new ATR72-600 lands in Phnom Penh  Air Cambodia will introduce its new ATR72-600 aircraft at Phnom Penh International Airport on May 26, 2025, with the participation of Dr. Mao Havannal, Chairman of the National Airlines of Cambodia's Board of Directors. The aircraft will be introduced in 2025, following Air Cambodia's announcement in April 2025 that it would begin using three new ATR72-600 aircraft during the Khmer New Year celebration. (Source: Khmer Times)

Stock Market

CSX edges up 0.05% as PEPC leads gains; JSL rebounds on growth board On 27 May 2025, the CSX Index rose by 0.05%, closing at 406.5 points. On the Main Board, PEPC (+2.62%), PWSA (+0.32%), and PAS (+0.17%) led the gainers, while MJQE (-0.49%) and PPAP (-0.15%) posted losses. GTI, PPSP, ABC, and CGSM remained unchanged. On the Growth Board, DBDE remained flat, while JSL rebounded by 1.54%. Total trading volume reached 57,965 shares, with a turnover of KHR 383 million. (Source: YSC Research)

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