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

Applications for consumer loans increased by 5% in Q4 of last year

In the fourth quarter of 2023, there was a 5% surge in consumer loan applications in Cambodia compared to the third quarter, reaching a total of $15.01 billion. The aggregate number of consumer loan accounts hit 1.76 million, with 80% attributed ...

In the fourth quarter of 2023,...

February 5, 2024

Market Update

PM announces intentions to create high-tech, environmentally friendly SEZs

Cambodia's Prime Minister Hun Manet has announced ambitious plans to establish a new type of special economic zone (SEZ) specifically designed for green industries and high-end technology investments. This model ...

Cambodia's Prime Minister Hun ...

February 1, 2024

Market Update

2023 sees a continued increase in mobile payments in Cambodia

In 2023, Cambodia experienced a notable surge in mobile payments, according to a report from the National Bank of Cambodia (NBC). The total volume of mobile payment transactions witnessed a 28.7% ...

In 2023, Cambodia experienced ...

January 31, 2024

Market Update

The Preah Sihanouk SEZ master plan is nearing completion

Sihanoukville's Deputy Governor Long Dimanche has announced the imminent submission of the final stages of the master plan to transform the coastal Preah Sihanouk province into a comprehensive Special Economic Zone (SEZ) and the proposal ...

Sihanoukville's Deputy Governo...

January 30, 2024

Market Update

The GDP of Cambodia is predicted to expand by 6.4% in 2024 according to NBC

Cambodia's economic growth is projected to reach 6.4% in 2024, primarily driven by the resurgence of tourism and a robust manufacturing sector, as stated by National Bank of Cambodia ...

Cambodia's economic growth is ...

January 29, 2024

Market Update

In 2023, Cambodia's foreign reserves increase to $20 billion

In 2023, Cambodia's international reserves soared to $20 billion, reflecting a robust 12.3% surge from the previous year, as reported by the central bank. These reserves, encompassing foreign currencies, gold, and Special Drawing Rights, were ...

In 2023, Cambodia's internatio...

January 26, 2024

Market Update

Tax revenue increased to $3.6 billion, up 4.49%

Cambodia's General Department of Taxation (GDT) has demonstrated a robust fiscal performance, registering a notable 4.49% YoY increase in tax collection, reaching $3.6 billion in 2023. This achievement surpassed the targeted goal by an impressive ...

Cambodia's General Department ...

January 25, 2024

Market Update

Cambodia rises to the eighth rank in the world as a hub for garment exports

Cambodia has ascended to become the world's 8th largest garment exporter, climbing from 11th place in 2021, as reported by the World Trade Organization. The country's garment exports now constitute 1.6% ...

Cambodia has ascended to becom...

January 24, 2024

Market Update

CSX wants to reach an ambitious goal of 100,000 trade accounts

The Cambodia Securities Exchange (CSX) has revised its target, aiming to increase the number of trade accounts to 100,000 by the end of this year, a significant jump from the 49,000 accounts registered as of the conclusion of 2023. This updated goal ...

The Cambodia Securities Exchan...

January 23, 2024

Market Update

In 2023, 5.4 million foreign visitors visit Cambodia

Cambodia witnessed a remarkable surge in international tourism, welcoming 5.43 million visitors in 2023 - a staggering 139% increase from the 2.27 million recorded in 2022, as reported by the Ministry of Tourism. Notably, Thailand led ...

Cambodia witnessed a remarkabl...

January 22, 2024