Research

Our research reports provide comprehensive, up-to-date
information and analysis on the Cambodian economy in regional
and global context, selected industries, and the equity market in Cambodia.

Market Update

Cambodia sets $7.26 billion revenue target for 2025 amid tax relief measures

The Cambodian government has set a revenue target of 29.05 trillion riel ($7.26 billion) for 2025, marking a 2.84% decrease from the previous year's target. The 2025 Budget Law, signed by King Norodom Sihamoni, outlines plans to collect revenue through taxes and ...

The Cambodian government has s...

December 20, 2024

Market Update

Cambodia's GDP is expected to grow by 5.5% in both 2025 and 2026

Cambodia's GDP is projected to grow by 5.5% in both 2025 and 2026, supported by recovering domestic demand despite challenges such as weak credit growth and elevated household debt. The World Bank emphasizes the importance of trade diversification, productivity improvements, and enhanced ...

Cambodia's GDP is projected to...

December 19, 2024

Market Update

ADB commits $403 million in investments for Cambodia in 2024

Cambodia has signed concessional loan and grant agreements with the Asian Development Bank (ADB) for five key development programs, totaling $403 million in investments for 2024. These agreements aim to enhance education, water management, trade, and gender-based violence prevention, with a ...

Cambodia has signed concession...

December 18, 2024

Market Update

Cambodia's tourism surges with 6.7 million foreign visitors expected in 2024

Cambodia is on track to welcome 6.7 million foreign tourists by the end of 2024, surpassing the pre-Covid-19 record of 6.6 million visitors. Tourism Minister Huot Hak made the announcement during the 11th Sea Festival held in Kampot. In the first eleven months of 2024, ...

Cambodia is on track to welcom...

December 17, 2024

Market Update

Government launches E-Invoicing system to drive digital economy growth

The Cambodian Ministry of Economy and Finance has launched the "Cambodia E-Invoicing System," a digital platform enabling the exchange, validation, and transfer of electronic invoices between sellers and buyers. Developed by the General Department of ...

The Cambodian Ministry of Econ...

December 16, 2024

Market Update

Cambodia's economic growth forecast to 5.3% for 2024 by the World Bank

The World Bank has revised its economic growth forecast for Cambodia, projecting a growth rate of 5.3% for 2024. This adjustment reflects the challenges faced by the country, including a slowdown in credit growth and deteriorating asset quality, particularly in the real estate sector....

The World Bank has revised its...

December 13, 2024

Market Update

Government bonds generate $70 million in nine months

The Cambodian government has successfully raised $70 million through the issuance of bonds in the first three quarters of the year. This funding aims to support various development projects and bolster the country's economic stability...

The Cambodian government has s...

December 12, 2024

Market Update

Cambodia achieved $50bn in trade volume in first 11 months of 2024

Cambodia's trade with its partners surged to nearly $50 billion in the first 11 months of 2024, showcasing a substantial 20% annual rise. The General Department of Customs and Excise (GDCE) revealed that exports constituted 48% of this total, with a notable 17.4% ...

Cambodia's trade with its part...

December 11, 2024

Market Update

Cambodia's economic growth projected to reach 6% in 2024

Cambodia's economy is forecasted to grow by 6% in 2024, signaling a robust recovery from recent economic challenges. This growth projection is driven by strong performances in key sectors such as agriculture, manufacturing, and services....

Cambodia's economy is forecast...

December 10, 2024

Market Update

57,000 beneficiaries as Banks and MFIs restructure loans worth $850 million in total

Nearly 57,000 loan accounts have been restructured by banks and microfinance institutions (MFIs) in Cambodia, amounting to $850 million. This restructuring comes as part of directives from the National Bank of Cambodia (NBC) to ease financial burdens on ...

Nearly 57,000 loan accounts ha...

December 9, 2024