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 approves $5.79bn for 23 energy projects to boost clean power by 2030

Cambodia has approved 23 energy investment projects worth $5.79 billion to address power shortages and enhance energy security. The projects, planned for 2024-2029, include solar, wind, biomass, gas-fired, and hydropower plants, alongside energy storage facilities. With a combined capacity ...

Cambodia has approved 23 energ...

September 30, 2024

Market Update

Chinese investors invited to explore Cambodia's attractive tax incentives

Cambodia's General Department of Taxation (GDT) has invited Chinese investors to explore the country's attractive tax incentives for eligible projects. At the China-Cambodia (Shenzhen) Trade and Business Forum, GDT Director-General Kong Vibol emphasized Cambodia's favorable ...

Cambodia's General Department ...

September 27, 2024

Market Update

Cambodia's exports to the EU surge by 16% YoY

Cambodia's exports to the European Union (EU) surged by 16.27% YoY in the first eight months of 2024, totaling $2.9 billion, with two-way trade reaching $3.5 billion. Spain and Germany are the largest trade partners, while key exports include textiles, footwear, and ...

Cambodia's exports to the Euro...

September 26, 2024

Market Update

Cambodia and Kyrgyzstan explore opportunities to boost trade relations

The Royal Government of Cambodia and the Kyrgyz Republic have signed a memorandum of understanding (MoU) to enhance trade and investment ties between the two nations. The agreement was formalized by Sok Chenda Sophea, Deputy Prime Minister and Minister ...

The Royal Government of Cambod...

September 25, 2024

Market Update

Cambodia's oil imports surge to over $1.6 billion in first eight months

Cambodia's diesel fuel and petroleum oil imports reached $1.66 billion in the first eight months of this year, marking an 18% increase compared to the same period last year, according to data from the General Department of Customs and Excise released on Sunday. Diesel fuel imports ...

Cambodia's diesel fuel and pet...

September 23, 2024

Market Update

Cambodia raises minimum wage to $208 from 2025

Cambodia has announced a new monthly minimum wage of $208 for workers in the garment, footwear, and travel goods sectors, which employ nearly 1 million people. This represents a 1.96% increase from the current $204 and will take effect on January 1, 2025. The decision came after discussions ...

Cambodia has announced a new m...

September 20, 2024

Market Update

Gold certificate taxpayers to get service of special auditors

At the 2024 Tax Forum in Phnom Penh, General Department of Taxation (GDT) Director General Kong Vibol announced that businesses holding gold certificates, earned through high tax compliance and strong internal audits, will receive specialized auditing services from an elite unit. Vibol highlighted GDT's modernization efforts, including ...

At the 2024 Tax Forum in Phnom...

September 19, 2024

Market Update

NBC plans to promote riel with single KHQR

The National Bank of Cambodia (NBC) is introducing a unified KHQR code for both riel and US dollar transactions to streamline digital payments and boost the use of the Khmer Riel. This initiative, starting in March 2024, will allow ...

The National Bank of Cambodia ...

September 18, 2024

Market Update

Cambodia's public debt stands at $11.27 billion

Cambodia's public debt reached $11.27 billion by the end of the second quarter of 2024, with 99% being external debt, primarily in US dollars, Special Drawing Rights (SDR), Chinese yuan, and ...

Cambodia's public debt reached...

September 17, 2024

Market Update

Trade between Cambodia and Indonesia to exceed $1.1 billion

Cambodia and Indonesia's economic cooperation continues to strengthen, with bilateral trade growing by 15% in 2023 and nearly $580 million recorded in the first half of 2024, projecting over $1.1 billion by year-end. At the "Sousdey Indonesia" exhibition ...

Cambodia and Indonesia's econo...

September 16, 2024