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

RGC pushes to formalize informal economy

The Royal Government of Cambodia (RGC) has introduced tax incentives to encourage micro, small, and medium-sized enterprises (MSMEs) in the informal economy to register with the Ministry of Commerce (MoC) and the General Department ...

The Royal Government of Cambod...

June 21, 2024

Market Update

Cambodia attracted $48.4 billion in FDI from 2018-2023

Between 2018 and 2023, Cambodia attracted 197 trillion riels ($48.4 billion) in foreign direct investment (FDI), with China contributing 45.6%, according to the National Bank of Cambodia (NBC). Other major investors included South Korea (11.8%), ...

Between 2018 and 2023, Cambodi...

June 20, 2024

Market Update

Resurgence of Chinese tourists arriving into Cambodia

The number of Chinese tourists to Cambodia increased 41.5% YoY from 184,009 in the first four months of 2024 to 260,455 travelers, according to a report by the Ministry of Tourism. According to the report, Chinese tourists ...

The number of Chinese tourists...

June 19, 2024

Market Update

Cambodia's public debt stands at $11.09 billion in 1Q24

As of 1Q2024, Cambodia's public debt totaled $11.09 billion, according to the Ministry of Economy and Finance. The debt comprises 64% from bilateral development partners and 36% from multilateral ones, denominated in USD (46%), SDR (19%), CNY (11%), ...

As of 1Q2024, Cambodia's publi...

June 17, 2024

Market Update

Cambodia and South Korea strengthen economic ties

The Ministry of Commerce and the Korea Trade-Investment Promotion Agency (KOTRA) in Cambodia have pledged to enhance trade promotion and bilateral collaboration to strengthen economic ties. During a meeting ...

The Ministry of Commerce and t...

June 14, 2024

Market Update

Cambodia's bicycle exports drop 37% YoY in the first five months of 2024

Cambodia's bicycle exports, including electric bicycles, dropped by 37% YoY in the first five months of 2024, totaling $169 million compared to $271 million in the same period last year, according to the General Department of ...

Cambodia's bicycle exports, in...

June 13, 2024

Market Update

Insurance sector grows moderately YoY

Cambodia's insurance sector continued its expansion at a slower pace, with total premiums reaching $96.5 million in 1Q24, up 9% YoY, according to the Insurance Regulator of Cambodia (IRC). The market comprises 18 general insurers, 14 life insurers, seven ...

Cambodia's insurance sector co...

June 12, 2024

Market Update

Cambodia's tire exports reached $308 million in the first five months this year

Cambodia exported $308 million worth of tire in the first five months this year, representing a staggering 204% increase compared to the $101 million recorded during the same period last year, according to the Ministry of Commerce. This growth ...

Cambodia exported $308 million...

June 11, 2024

Market Update

Cambodia's GFT exports surge 20% in early 2024

Cambodia exported $4.969 billion worth of garments, footwear, and travel goods (GFTs) in the first five months of 2024, marking a 20% increase from $4.129 billion over the same period last year, according to a Ministry of Commerce report. Garments and textiles ...

Cambodia exported $4.969 billi...

June 10, 2024

Market Update

World Bank predicts steady economic growth for Cambodia

Despite a subdued domestic demand, Cambodia's economy is projected to grow at 5.8% this year, 6.1% in 2025, and 6.4% in 2026, driven by a revival in goods and services exports, according to a World Bank report. At the launch ...

Despite a subdued domestic dem...

June 7, 2024