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

JICA - Top infrastructure supporter in Cambodia

According to a survey by renowned international accounting and auditing company Pricewaterhouse Coopers, the Japan International Cooperation Agency (JICA) has surpassed all other foreign entities as the Kingdom's top infrastructure backer, accounting for 13% of all ...

According to a survey by renow...

April 27, 2023

Equity Report

PPAP's 2022 Review: A positive year with strong profitability

Container throughputs reached 417,412 TEUs in 2022, up 20% YoY. Imports of raw materials for garments represented 10% of total imports, rising 15% compared to 2021. Garment exports accounted for 74% of all exports, increasing 17.58% YoY, which contributed to the increase in container throughputs...

Container throughputs reached ...

April 27, 2023

Market Update

Cambodia's milled rice exports increased by 3.5% in the first quarter

According to a report released by the Cambodia Rice Federation (CRF) on Tuesday, April 25, 2022, Cambodia exported 176,581 tons of milled rice in the first quarter (Q1) of 2023, an increase of 3.5% from 170,539 tons in the same period last year. During the months of January through March of this year, the export of the good brought in 126 million ...

According to a report released...

April 26, 2023

Market Update

The 150 prioritized infrastructure projects in Cambodia require $30 billion

According to a press release from the Ministry of Public Works and Transport (MPWT), Cambodia has sought partners to raise about $30 billion in investment funds to implement 150 hard and soft infrastructure projects that the government has identified as priorities to include in the Comprehensive Intermodal Comprehensive Master Plan (CIT-MP) ...

According to a press release f...

April 25, 2023

Market Update

Exports of electric gear increased by 102% YoY in Q1

According to preliminary Customs (GDCE) data, Cambodia exported $736.776 million worth of electrical machinery, equipment, and related products in the first quarter (Q1) of 2023 that concluded on March 31, up 101.70% from the $365.279 million tallied during the same period in 2022. The aforementioned group of goods ...

According to preliminary Custo...

April 24, 2023

Market Update

China trade nears $2.9 billion in Q1 as deficit declines

According to preliminary Customs (GDCE) data, the value of goods traded between Cambodia and mainland China in the first quarter (Q1) of 2023 was $2.862 billion, a 0.38% decrease from the same period last year. Imports from the East Asian market made up 88.52% of this volume, a decrease of 0.28%pt ...

According to preliminary Custo...

April 21, 2023

Market Update

IFC is planning a Sihanoukville Logistics Complex study

un Chanthol, the Minister of MPWT, and Asad Yqub, the IFC Resident Representative for Cambodia, signed the Financial Advisory Services Agreement (FASA) to commission IFC to conduct the feasibility study for the Sihanoukville Logistics Complex (SHV-LC) project, ...

un Chanthol, the Minister of M...

April 20, 2023

Market Update

Due to the FTA, Cambodia's export to South Korea increased in Q1

The bilateral free trade agreement, which went into effect in December last year, has contributed to a large growth in Cambodia's exports to South Korea in the first quarter of this year. According to a report released this week by the Korea International Trade Association, Cambodia exported items worth $130 million to South Korea between January and March of this year, a rise of 17.2% ...

The bilateral free trade agree...

April 19, 2023

Market Update

Industry insiders applaud NBC's decision to revoke licenses of rural credit operators

Industry insiders and experts have reassured that the central bank's recent decision to revoke the operating licenses of 104 rural credit institutions (RCI), or nearly half of them, shouldn't have a substantial impact on the Kingdom's larger financial sector. According to NBC, the 223 RCIs in the Kingdom collectively held assets worth 234 billion riel ($56.8 million) ...

Industry insiders and experts ...

April 18, 2023

Market Update

Cambodia collects $1.9 billion in taxes in 1Q23

According to press releases issued on Thursday, April 13, 2023, Cambodia collected $1.9 billion from all sources of taxes in the first quarter of 2023, an increase of 2% from about $1.86 billion in the same period last year. According to the General Department of Taxation's news release, tax revenue for the period of January through March this year was $1.34 billion, up...

According to press releases is...

April 17, 2023