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 receives over $900M in FDI during the first two months

Cambodia attracted $917 million in foreign direct investment (FDI) during the first two months of 2026, a 14.2% decrease from the previous year. The Council for the Development of Cambodia (CDC) approved 85 projects, primarily in manufacturing, infrastructure, and ...

Cambodia attracted $917 millio...

March 13, 2026

Market Update

Government mobilizes $1B in loan financing for infrastructure development in 2025

Cambodia's public debt reached $13.05 billion in 2025, an 8.3% increase from the previous year, according to the Ministry of Economy and Finance. Last year alone, the government secured $1 billion in new concessional loans, primarily to fund priority infrastructure ...

Cambodia's public debt reached...

March 12, 2026

Market Update

Cambodia's exports increase 17.2% in the first two months of 2026

Cambodia's exports reached $5.23 billion in January and February 2026, a 17.2% increase year-on-year, as reported by the ...

Cambodia's exports reached $5....

March 11, 2026

Market Update

Cambodia advances toward achieving 70% clean energy share

Minister of Mines and Energy Keo Rottanak reaffirmed Cambodia's commitment to achieving a 70% clean energy target by 2030, reaching 63% by 2025. During a meeting with 400 transport workers in Pursat, the Minister emphasized that expanding renewables-such as ...

Minister of Mines and Energy K...

March 10, 2026

Market Update

Cambodia plans to build its first oil refinery within the next three years

Minister of Mines and Energy Keo Rottanak announced that Cambodia aims to establish its first oil refinery within three years to bolster energy security. Currently, the nation relies entirely on refined imports like gasoline and diesel due to a lack of domestic processing ...

Minister of Mines and Energy K...

March 6, 2026

Market Update

US eliminates 19% tariff on Cambodian goods; imposes 15% temporary duty

Deputy Prime Minister Sun Chanthol announced that a 19% countervailing duty on Cambodian goods has been automatically eliminated following a U.S. Supreme Court decision. However, under Section 122 of the Trade Act of 1974, the United States has introduced ...

Deputy Prime Minister Sun Cha...

March 5, 2026

Market Update

Agriculture sector contributes 16% to Cambodia's economy

The Cambodian agricultural sector has significantly progressed, achieving domestic food security and now exporting millions of tonnes annually, contributing to global food security, according to Minister Dith Tina. In 2025, agriculture accounted for 16.1% of GDP, despite a slight decrease from 16.7% in 2024. These insights were shared at the inaugural Cambodia Agricultural Forum, which aimed to enhance collaboration among various stakeholders to support ...

The Cambodian agricultural sec...

March 4, 2026

Market Update

MLVT sets out 19-point reform agenda to promote jobs and skills growth

Minister of Labour Heng Sour has outlined 19 strategic objectives for 2026 to advance Cambodia's labour, social security, and vocational training sectors. A primary focus remains job creation, specifically targeting the 80,000 current vacancies and the reintegration ...

Minister of Labour Heng Sour h...

March 3, 2026

Market Update

Bicycle shipments surge in January, totaling $63.57M

Cambodia's bicycle industry started 2026 strongly, with exports rising 68.51% YoY to $63.57 million in January, following a 42.73% YoY increase in 2025. This growth is driven by better market access, regional supply integration, and rising global demand. The EU's recent ...

Cambodia's bicycle industry st...

March 2, 2026

Market Update

Cambodia introduces regulation for new asset management firms

Cambodia's central bank has implemented new regulations for asset management institutions, mandating a minimum registered capital of 200 billion riels (approximately $50 million) for applicants. The National Bank of Cambodia's edict aims to regulate non-performing ...

Cambodia's central bank has im...

February 27, 2026