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 banking sector sees 2.9% YoY credit growth in first half of 2025

Cambodia's banking and financial institutions experienced slow credit growth in the first half of 2025, primarily due to a slow recovery of construction and real estate. Outstanding loans rose 2.9% YoY to $61.8 billion by June 2025, while customers' deposits increased 14.5% YoY ...

Cambodia's banking and financi...

August 5, 2025

Market Update

Cambodia aims to become ASEAN's automotive manufacturing hub

Cambodia has been granted exclusive rights by General Motors (GM) to assemble Chevrolet vehicles, marking a significant milestone in the country's automotive industry. The announcement was made during the official launch of the Chevrolet Colorado pickup truck. The Secretary ...

Cambodia has been granted excl...

August 4, 2025

Special Report

Explicit Solutions for Debt Sizing with Sculpted Repayment in Project Finance Modeling

A Technique in Project Finance Modeling

A Technique in Project Finance...

August 4, 2025

Market Update

U.S. reduces tariffs on Cambodian exports from 36% to 19%

U.S. President Donald Trump has approved a significant reduction in import tariffs on Cambodian goods, lowering the rate from 36% to just 19%. This move will take effect on August 1, 2025, and is part of Washington's latest update to its international customs ...

U.S. President Donald Trump ha...

August 1, 2025

Market Update

Cambodia and China companies ink 9 deals to enhance investment in strategic sectors

Cambodian and Chinese firms have signed nine agreements to enhance cooperation and attract investment in key sectors. The agreements were signed during the 'Cambodia-China Industrial Park Promotion Forum' in Phnom Penh. The aim is to attract ...

Cambodian and Chinese firms ha...

July 31, 2025

Market Update

Cambodian banks directed to forgive loans up to $20K for fallen soldiers' families, pause payments for military and refugees

Cambodia's National Bank of Cambodia (NBC) has instructed banking and financial institutions to cancel debts of up to 80 million riel (approximately $19,967) for families of soldiers killed in the Cambodia-Thailand border conflict. The directive also ...

Cambodia's National Bank of Ca...

July 30, 2025

Market Update

Insurance policy uptake surges over 130% YoY in May 2025

Cambodia's insurance industry has seen a significant increase in May 2025, with an increase of 130.97% from 94,818 in May 2024 to 218,998 in May 2025, indicating strong growth of no. of insurance policies. The life insurance sector saw a 103.64% YoY increase, ...

Cambodia's insurance industry ...

July 29, 2025

Market Update

NBC urges banks and money changers to use market-based exchange rates for Thai Baht

The National Bank of Cambodia (NBC) has directed all banking and financial institutions, including currency exchangers, to offer Thai Baht exchange services at market rates to support Cambodian citizens returning from ...

The National Bank of Cambodia ...

July 28, 2025

Market Update

MEF launches capital gains tax implementation framework

The Cambodian Ministry of Economy and Finance has officially implemented the Capital Gains Tax (CGT) framework, aiming to align with international tax practices and strengthen fiscal equity. The tax is imposed on profits realised on the sale of non-inventory ...

The Cambodian Ministry of Econ...

July 25, 2025

Market Update

Cambodia's economic growth projection revised to 5.2% by AMRO

Cambodia's GDP forecast for 2026 has been revised to 5.2% due to global economic uncertainties influenced by US tariff measures. The World Bank also revised its growth forecast for Cambodia from 5.5% to 4.0%. AMRO estimates that CPI inflation will ...

Cambodia's GDP forecast for 20...

July 24, 2025