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

Water Festival 2024 contributed approximately $600-$700 million to Cambodian economy

During the recent Water Festival, tourists made substantial economic contributions, staying in Phnom Penh for up to a week and spending on accommodation, food, and souvenirs, as noted by economist Dr. Hong Vannak from the Royal Academy of Cambodia. The festival generated ...

During the recent Water Festiv...

November 20, 2024

Market Update

Cambodia's large scale infra development requires $36 billion

According to a report by the Ministry of Public Works and Transport (MPWT), the implementation of the infrastructure development master plan, which includes short, medium, and long-term projects, will require an investment capital of over $36 billion. Priority projects will ...

According to a report by the M...

November 19, 2024

Market Update

Cambodia received five billion US dollar in FDI in the past ten months

During the first ten months of 2024, the Council for Development of Cambodia (CDC) approved 346 investments amounting to over $5 billion which represented an increase of 38% compared to the same period last year according to Chea Vuthy, Secretary General of the Cambodian Investment Board (CIB) of CDC. He expressed that the World Lin ...

During the first ten months of...

November 18, 2024

Market Update

Cambodian government to issue $125M in bonds in 2025

The Royal Government of Cambodia plans to issue bonds worth 500 billion riels (around $125 million) in 2025 to support public sector projects and maintain the national budget. Additionally, the government aims to issue up to $1 billion in bonds over the next five years, primarily to fund infrastructure projects ...

The Royal Government of Cambod...

November 13, 2024

Market Update

Cambodia's exports rose by 16% YoY from January to October 2024

Cambodia's exports reached $21.57 billion in the first ten months of 2024, marking a 16% increase compared to the same period last year. Major export products included garments, footwear, travel goods, bicycles, car tires, and agricultural goods such ...

Cambodia's exports reached $21...

November 12, 2024

Market Update

The government intends to secure $2.6 billion in loans from development partners in 2025

Cambodia plans to borrow $2.6 billion from development partners in 2025 to fund public investment projects, aiming to drive long-term sustainable economic growth and boost productivity. The draft law specifies that these funds will be obtained through concessional loans with preferential interest rates, with the ...

Cambodia plans to borrow $2.6 ...

November 11, 2024

Market Update

Cambodia generates $1.5 billion from rice export revenue

Cambodia generated over $1.5 billion from paddy and milled rice exports in the first ten months of this year, according to a report by the Cambodia Rice Federation (CRF). From January to October, the country exported 502,029 tonnes of milled rice to 66 international markets, bringing in $376 million. The report noted that ...

Cambodia generated over $1.5 b...

November 8, 2024

Market Update

Cambodian mines produce 13 tonnes of gold dore bars

Cambodia's gold mining sector is flourishing, with private companies like Renaissance Minerals Company and Rong Cheng Company producing a total of 12,558 kg of dore bars containing a 90% gold solution as of November 3. This production data was released amid intensified efforts by authorities ...

Cambodia's gold mining sector ...

November 7, 2024

Market Update

Cambodia's agricultural exports grow by 53% YoY over nine months of 2024

Cambodia exported 8.5 million tonnes of agricultural products in the first nine months of 2024, marking a 53% rise over 2023, according to a senior official from the Ministry of Agriculture, Forestry, and Fisheries (MAFF). These exports generated approximately $3 billion, driven ...

Cambodia exported 8.5 million ...

November 6, 2024

Market Update

Cambodia's microfinance sector sees minimal loan growth amid economic challenges

In the first three quarters of 2024, Cambodia's microfinance sector recorded only a 1% growth in loan volume, reflecting the strain of unfavorable global economic conditions. According to the Cambodian Microfinance Association (CMA), non-performing loans ...

In the first three quarters of...

November 5, 2024