FDI inflows in Cambodia surge to $8.1 billion for the last twelve months

Economy and Industry

FDI inflows in Cambodia surge to $8.1 billion for the last twelve months Foreign direct investment (FDI) in Cambodia has surged to $8.1 billion from September 2023 to September 2024, reflecting growing investor confidence in the country's economic prospects. The influx of capital is primarily driven by investments in sectors such as manufacturing, real estate, and energy. This significant increase in FDI is attributed to favorable government policies, strategic location, and competitive labor costs. The investment boom is expected to create jobs, spur economic growth, and enhance technological capabilities. Key investors include major players from China, Japan, and South Korea, highlighting Cambodia's attractiveness as an investment destination. The government is committed to maintaining a conducive business environment to sustain this momentum. Continued reforms and infrastructure development are pivotal for attracting future investments. (Source: Khmer Times)

Cambodia's cement production nears 7 million tonnes in first 10 months of 2024 Cambodia's cement industry has produced nearly 7 million tonnes of cement in the first ten months of 2024, indicating a robust performance in the sector. This production is fueled by the increasing demand from the construction industry, driven by numerous infrastructure projects and urban development. The Ministry of Mines and Energy reported that the domestic cement production has been crucial in reducing the country's dependence on imports. Local production helps stabilize prices and ensures a steady supply for various construction activities. The growth is also attributed to investments in modernizing cement plants and adopting advanced technology. The cement industry plays a pivotal role in Cambodia's economic development, contributing significantly to GDP. (Source: Phnom Penh Post)

Cambodia welcomes 5.3 million international visitors in ten months Cambodia has attracted 5.3 million international tourists in the first ten months of 2024, marking a significant recovery in the tourism sector. The Ministry of Tourism credits this resurgence to the easing of travel restrictions and successful promotional campaigns. Popular destinations such as Angkor Wat and the coastal areas have seen a substantial increase in visitor numbers. The tourism boom has provided a much-needed boost to the economy, creating jobs and supporting local businesses. Government initiatives to enhance infrastructure and improve tourist experiences have also played a key role. Despite challenges, the sector is on track to reach pre-pandemic levels. Continuous efforts are being made to diversify tourist attractions and promote sustainable tourism practices. (Source: Khmer Times)

Corporate News

ADB backs sustainable water resource management in Cambodia The Asian Development Bank (ADB) has announced its support for two water resource management projects worth $173 million in Cambodia. This initiative aims to enhance the country's water security and resilience against climate change impacts. ADB's assistance focuses on strengthening Cambodia's ability to manage water resources efficiently, benefiting agriculture, fisheries, and rural livelihoods. Enhanced water management is critical for addressing water scarcity and ensuring sustainable development. By improving water resource management, Cambodia can better cope with environmental challenges and support economic growth. (Source: Khmer Times)

Stock Market

CSX index declines by 0.28% amid broad losses On December 4, 2024, the CSX Index decreased by 0.28%, closing at 400.9 points. No gains were recorded on the main board. In contrast, GTI (-1.92%), PPSP (-1.72%), ABC (-0.58%), MJQE (-0.49%), and PAS (-0.30%) posted declines, while PWSA, PEPC, and CGSM remained unchanged. On the growth board, DBDE held steady, while JSL dropped by 1.45%. The day concluded with a trading volume of 165,936 shares and a turnover of KHR 1,000 million. (Source: YSC Research)

CSX Index

Stock Performance

Valuation Ratios

Trading Summary

Historical Issuance Summary

Main Board

Growth Board