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

World Bank flags slowing growth risks for Cambodia and East Asia Pacific

The World Bank warns that East Asia and Pacific (EAP) countries, including Cambodia, face slowing growth due to global uncertainty and adverse factors like energy shocks, trade restrictions, and policy risks. Director Aaditya Mattoo stresses the need for reinforced macroeconomic ...

The World Bank warns that East...

April 9, 2026

Market Update

Cambodia and US formalize $36M health sector partnership

Cambodia and the US have signed a five-year, $36 million health agreement aimed at strengthening Cambodia's health system. The MOU, established by Cambodian officials and a US Embassy representative, will support disease prevention and improve data sharing. The partnership ...

Cambodia and the US have signe...

April 8, 2026

Market Update

Diesel and LPG supply exempted from 10% VAT by Ministry of Economy and Finance

The Ministry of Economy and Finance (MEF) of Cambodia announced a decision to eliminate the 10% value-added tax (VAT) on diesel and liquefied petroleum gas (LPG) starting April 1, 2026, to alleviate the financial burden of rising fuel costs on households and businesses. The government ...

The Ministry of Economy and Fi...

April 7, 2026

Market Update

Cambodia set to formalize green energy standards through new certification initiative

The Ministry of Mines and Energy (MME), supported by the Asian Development Bank (ADB), is launching a Green Energy Certification system to bolster Cambodia's export competitiveness. With clean energy already exceeding 63% of the national grid, Minister Keo Rottanak ...

The Ministry of Mines and Ener...

April 6, 2026

Market Update

Cambodia and the AIIB engage in high-level discussions regarding a $2 billion strategic cooperation framework

A high-level AIIB delegation, led by President Zou Jiayi, concluded a two-day visit to Cambodia to solidify a $2 billion Country Cooperation Framework (CCF) for 2026–2030. Discussions with Prime Minister Hun Manet and Finance Minister Aun Pornmoniroth ...

A high-level AIIB delegation, ...

April 3, 2026

Market Update

Cambodia's credit surpasses USD 62 billion in 2025, says CBC

CBC's report reveals that Cambodia's credit balance reached 248.9 trillion riels ($62.2 billion) by 2025, with women constituting 52% of 5.13 million borrowers. Phnom Penh, Kandal, and Kampong Speu account for 61% of total loans, with Phnom Penh alone at 51%. Provinces ...

CBC's report reveals that Camb...

April 1, 2026

Market Update

Global headwinds and border disputes drag Cambodia's 2025 GDP growth down to 5%

Cambodia's economy grew by 5% in 2025, down from 6% in 2024. While early momentum was driven by U.S. exports and tourism, growth slowed due to global uncertainties and a border conflict with Thailand. Manufacturing remains the main driver at 8.5%, showing ...

Cambodia's economy grew by 5% ...

March 31, 2026

Market Update

Cambodia's trade with Singapore has surged by over 190% YoY

According to GDCE data, bilateral trade between Cambodia and Singapore skyrocketed by 191.5% YoY in first two months of 2026. This dramatic increase was primarily fueled by a 209.3% YoY surge in imports from Singapore, totaling $322 million, driven by ...

According to GDCE data, bilate...

March 26, 2026

Market Update

NBC modernizes emergency liquidity protocol to bolster financial stability

The National Bank of Cambodia (NBC) has officially updated its "Lender of Last Resort" protocol, replacing the previous regulatory framework established in 2015. This new Prakas on Emergency Liquidity Assistance is designed to bolster the resilience of the country's banking sector and modernize its financial infrastructure. Under the updated guidelines, deposit-taking institutions facing temporary liquidity shortages can request assistance to prevent ...

The National Bank of Cambodia ...

March 24, 2026

Market Update

Cambodia is developing a "foresight strategic plan" aimed at safeguarding its long-term economic vision

The Royal Government of Cambodia recently convened an inter-ministerial meeting to draft the "Foresight Framework and Roadmap 2030." Led by the Ministry of Economy and Finance, the initiative aims to transition public administration into a ...

The Royal Government of Cambod...

March 17, 2026