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

Dollarization remains high in Cambodia

According to the Annual Financial Stability Review (FSR) report 2023 of the NBC, dollarization within the economy remains high, while the share of local currency has slightly increased. Most bank loans are still in US dollars, but riel-backed loans are slow ...

According to the Annual Financ...

May 21, 2024

Market Update

Cambodia and South Korea to establish SEZ for Korean companies

Cambodia and South Korea are strengthening their economic partnership by establishing special economic zones (SEZ) for Korean companies in Cambodia. This initiative, announced after a meeting between Cambodian Prime Minister ...

Cambodia and South Korea are s...

May 20, 2024

Market Update

PM Hun Manet highlights Cambodia-Korea trade and investment relations

Prime Minister Hun Manet announced that bilateral trade between the Republic of Korea and Cambodia reached approximately $751 million last year, with Korea's foreign direct investment (FDI) in Cambodia totaling ...

Prime Minister Hun Manet annou...

May 17, 2024

Market Update

Cambodia's trade with RCEP countries surges to $11.19 billion in 1Q24

Cambodia earned over $3.36 billion from exports to Regional Comprehensive Economic Partnership (RCEP) members in 1Q24, up 16.2% from $2.89 billion in the same period in 2023. The Ministry of Commerce noted that imports ...

Cambodia earned over $3.36 bil...

May 16, 2024

Special Report

Estimation of Cambodia's Sovereign Yields & Credit Spreads

INTRODUCTION

May 16, 2024

Market Update

Cambodia's industrial expansion boosts economy

The Ministry of Industry, Science, Technology and Innovation registered 75 new factories in 1Q24, increasing the total to 2,195. Predominantly garment factories, these new investments were mainly from China, South Korea, Japan and Thailand. In April alone, 20 ...

The Ministry of Industry, Scie...

May 15, 2024

Market Update

Cambodia-China trade continues to rise in the first fourth months of 2024

Cambodia-China trade has witnessed a 15.1% increase in the first four months of 2024, reaching $4.48 billion, according to a report by Cambodia's General Department of Customs and Excise. China remains Cambodia's top trading partner, followed ...

Cambodia-China trade has witne...

May 13, 2024

Market Update

Cambodia sees surge in online business registrations

As of May 5th 2024, a total of 35,829 businesses with a capital of $10.22 billion have been registered through the Online Business Registration platform, known as the Single Portal-Phase 1, according to an official report. The system has reserved 19,094 company ...

As of May 5th 2024, a total of...

May 10, 2024

Market Update

Cambodia's rice exports surge to $170 million

In 1Q24, Cambodia's rice exports surged, with 248,491 tons valued at $170.2 million shipped abroad, as reported by the Cambodia Rice Federation (CRF). April alone accounted for $46.6 million from exporting 82,491 tons of rice, with China ...

In 1Q24, Cambodia's rice expor...

May 9, 2024

Market Update

Cambodia's export growth highlights the country's economic resilience

Prime Minister Hun Manet underscored Cambodia's robust export performance, with an average growth of 13.3% between 2017 and 2023, reaching $23.47 billion in 2023 or 54.7% of the GDP. Speaking at the National Single Window ...

Prime Minister Hun Manet under...

May 8, 2024