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 4Q23 Review: Strong Recovery and Resilience in Challenging Times

In 4Q23, total water subscription reached 478,141 connections, an increase of 2.4% compared to the previous quarter, and 5.9% compared to the same period last year. Of the total subscriptions, household clients account for 381,752 ...

In 4Q23, total water subscript...

March 26, 2024

Market Update

Cambodia's rice sector targets global market expansion

Cambodia has emerged as a crucial player in global food security, exporting over 650,000 tons of milled rice and 2.7 million tons of unmilled rice to more than 50 destinations in 2023. With a long-term vision to bolster its contribution to global food security, ...

Cambodia has emerged as a cruc...

March 26, 2024

Market Update

Former Cambodia PM calls for enhanced relations with Thailand

Former PM Hun Sen advocated for strengthening Cambodia-Thailand relations by elevating the current Strategic Partnership to a Comprehensive Strategic Partnership during a meeting with Wanmuhamadnoor Matha, President of the National Assembly ...

Former PM Hun Sen advocated fo...

March 25, 2024

Market Update

Cambodia-Vietnam trade surges in early 2024

According to the General Department of Customs and Excise (GDCE), cross-border trade between Cambodia and Vietnam surged notably in the first two months of 2024, reaching $1.41 billion, a 30.4% increase compared to the same period the year prior. Cambodia's exports to ...

According to the General Depar...

March 22, 2024

Market Update

Cambodia and Hong Kong foster trade and investment relations

Cambodia and the Hong Kong Special Administrative Region (SAR) are intensifying efforts to enhance their relationship, particularly in trade and investment domains. During a meeting in Hong Kong on March 19, Sok Sopheak, Secretary of State at the Ministry of Commerce, engaged with ...

Cambodia and the Hong Kong Spe...

March 21, 2024

Market Update

Cambodia's rubber exports surge

According to the General Department of Customs and Excise (GDCE), Cambodia's rubber exports surged in the first two months of 2024, reaching $215 million, a 90% increase from the previous year. This growth trend follows a global decline in natural rubber production ...

According to the General Depar...

March 20, 2024

Market Update

Customer deposits into MDIs increase

In 2023, as per data from the Cambodia Microfinance Association (CMA), deposit balance at AMK, Amret, LOLC, and Mohanokor increased from $2 billion to $2.22 billion, representing a 11% increase YoY. Meanwhile, the number of depositors only increased by ...

In 2023, as per data from the ...

March 19, 2024

Market Update

Cambodia's public debt stands at $11.24 billion

According to the Ministry of Finance (MEF), Cambodia's public debt stood at $11.24 billion by the end of 2023 - the majority of public debt is in US dollars (46%) and in Special Drawing Rights (19%). Furthermore, 99.5% of the public debt is owed ...

According to the Ministry of F...

March 18, 2024

Market Update

Japan provides $154M for Cambodia's hospital development

Japan has allocated $154 million to support Cambodia's Regional Hospital Development project, a significant step in bolstering the Kingdom's socio-economic growth. The concessional loan agreements, overseen by Cambodian ...

Japan has allocated $154 milli...

March 15, 2024

Market Update

CDC approved nearly $1.2 billion investment project in February

The Council for the Development of Cambodia (CDC) approved nearly $1.2 billion in investment capital - 35 new projects and 2 production expansion projects in existing companies - which will generate approximately 38,000 new ...

The Council for the Developmen...

March 14, 2024