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's GFT exports turnaround after a long decline

On a positive note, Cambodia's garment, footwear, and travel goods (GFT) exports increased by 22.22% in the initial two months of 2024, generating $1.89 billion in revenue. This growth, reversing an 18-month decline, signals ...

On a positive note, Cambodia's...

March 13, 2024

Market Update

Cambodia's real estate expects a slow and steady recovery

According to the Cambodian Valuers and Estate Agents Association (CVEA), Cambodia's real estate sector is expected to require to pre-pandemic levels within 2 or 3 years. Sorn Seap, president of CVEA, observed that the sector has not significantly ...

According to the Cambodian Val...

March 12, 2024

Market Update

Cambodia records remarkable recovery in FDI

According to the Council for the Development of Cambodia (CDC), Cambodia received $1.3 billion in the first two month of the year, representing a 500% increase compared to the same period in 2023. China accounted for 39% of total FDI investments ...

According to the Council for t...

March 11, 2024

Market Update

Cambodia's exports see growth despite weakening global demand

Despite a global demand slowdown and geopolitical challenges, Cambodia experienced stable export growth, reaching $1.97 billion in January 2024, a 27% increase compared to the same period in 2023. Penn Sovicheat, Secretary of State at the Ministry ...

Despite a global demand slowdo...

March 7, 2024

Market Update

Royal Government of Cambodia has invested nearly $4 billion in Cambodia's northeastern region

Cambodia's government spent roughly $3.85 billion on various infrastructures, industrial parks and economic centers by the end of 2023 to boost the economic activity in the northeast region with neighboring Laos ...

Cambodia's government spent ro...

March 6, 2024

Market Update

CDC approves major investments in Sihanoukville totaling nearly $600M

The Council for the Development of Cambodia (CDC) is set to greenlight two significant projects in Sihanoukville province with a combined investment value of nearly $600 million. The first project involves a 2,870 ...

The Council for the Developmen...

March 5, 2024

Market Update

Cambodia sees rapid growth in Electric Vehicle adoption

Cambodia recorded a substantial increase in electric vehicle (EV) adoption, registering 604 new EVs in 2023, bringing the total to 1,335 in the country. The Ministry of Public Works and Transport's report highlighted the growing momentum of EVs in Cambodia ...

Cambodia recorded a substantia...

March 4, 2024

Market Update

NBC and BNM sign MoU to enhance digital payment systems and financial innovation

Cambodia's National Bank of Cambodia (NBC) and Malaysia's Bank Negara Malaysia (BNM) have signed a memorandum of understanding (MoU) to strengthen digital innovation and payment systems. The deal is expected ...

Cambodia's National Bank of Ca...

March 1, 2024

Market Update

Cambodia's Jan exports to China tops $120M

In January 2024, Cambodia achieved over $120 million in exports to China, representing a remarkable 50% surge compared to January 2023. The General Department of Customs and Excise (GDCE) reports that China remains Cambodia's largest import-export partner, with ...

In January 2024, Cambodia achi...

February 29, 2024

Market Update

Cambodia ranks 10th among rice producing countries

According to the Cambodia Rice Federation (CRF), Cambodia has secured the 10th position among the world's largest rice producers, excelling in both domestic consumption and export. Chan Sokheang, CRF's president, highlighted the country's significant ...

According to the Cambodia Rice...

February 28, 2024