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.

Equity Report

PPWSA 1Q24 Review: Robust Revenue Growth leads to 35.6% Net Profit Increase

As of the end of 1Q24, total water subscription reached 485,755 connections, an increase of 5.8% YoY. Household clients made up 79.8% of water subscribers, with 387,600 connections. Additionally, ...

As of the end of 1Q24, total w...

July 3, 2024

Equity Report

ABC 1Q24 Review: Quarterly earnings drop to USD 26.6mn yet NPL ratio decreases for first time since 1Q22

As of 1Q24, the number of loan accounts reached 670,720, an increase of 63,591 accounts or 10.5% YoY. Gross loan rose moderately by 2.3% YoY, totaling ...

As of 1Q24, the number of loan...

July 3, 2024

Market Update

Cambodia announces the rebasing of its GDP calculations

Cambodia has updated its GDP calculations to 2014, aligning with the United Nations Statistics Division's 2008 System of National Accounts standards to reflects the country's significant structural shifts since 2000, transitioning from an agriculture-based economy ...

Cambodia has updated its GDP c...

July 3, 2024

Market Update

CBC produced credit reports for 90% of its borrowers across the country

The Credit Bureau of Cambodia (CBC) has generated 6.3 million credit reports for its 7 million borrowers, covering about 90% of the adult population in Cambodia, reflecting a 19% increase over the past five years. This surge in demand underscores ...

The Credit Bureau of Cambodia ...

July 2, 2024

Market Update

Preah Sihanouk Investment Promotion Group meets to boost new projects and tourism

The Investment Promotion Working Group for Preah Sihanouk has convened to discuss proposals, incentives, concessions, and streamlining project procedures in the province. By May, 41 projects had qualified for incentives under the scheme, with ...

The Investment Promotion Worki...

July 1, 2024

Market Update

Thailand-Cambodia to strengthen cooperation and trade ties

Cambodia and Thailand have agreed to enhance and expand their cooperation in multiple sectors, including economy, trade, tourism, security, and demining activities, following a meeting between Cambodian Prime Minister Hun Manet and Thai Foreign Minister Maris Sangiampongsa in Phnom Penh. ...

Cambodia and Thailand have agr...

June 28, 2024

Market Update

Prime Minister urges MSMEs to contribute to socio-economic development

Cambodian Prime Minister Hun Manet has urged the owners of Micro, Small and Medium-sized Enterprises (MSMEs) to work together to contribute to the country's socio-economic development. MSMEs play a crucial role ...

Cambodian Prime Minister Hun M...

June 27, 2024

Market Update

Bakheng water plant to help ease increasing water demand

The Cambodian government allocated approximately $660 million for the three phases of the Bakheng water treatment plant to address the increasing demand for clean water in Phnom Penh and Takhmao City. The project, overseen by ...

The Cambodian government alloc...

June 26, 2024

Market Update

Phase 1 of the Techo International Airport nears completion

The first phase of the $1.5 billion Techo International Airport (TIA) is nearing completion, with construction 78% finished and operations set to commence by February next year. Pung Kheav Se, Chairman of Cambodia Airport Investment Co., Ltd. (CAIC), highlighted this progress ...

The first phase of the $1.5 bi...

June 25, 2024

Market Update

World Bank approves $275 million in funding for Cambodia's growth

The World Bank has approved a second tranche of $275 million to support Cambodia's post-pandemic economic growth, following ...

The World Bank has approved a ...

June 24, 2024