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

GDT collects over $53mn in e-commerce tax since May 2022

The General Department of Taxation (GDT) has collected over $53mn in tax from e-commerce since May 2022 in a feat seen as an indication of the rising trends of online shopping and trading in Cambodia, especially in light of the Covid-19 crisis....

The General Department of Taxa...

February 22, 2023

Market Update

Kampot contributes 50% of Kingdom's banana exports

Kampot province has contributed about 50% of Cambodia's total banana exports, as the provincial authority encourage investors to expand the cultivation. About 2,000 tonnes of banana are exported monthly to foreign markets, mostly to China, said Kampot provincial governor Mao Thonin...

Kampot province has contribute...

February 20, 2023

Market Update

Cambodia's GFT exports drop 28% YoY in Jan 2023

Cambodia exported $782mn worth of garments, footwear, and travel (GFT) goods in Jan 2023, down 28% YoY from $1.08bn in Jan 2022, according to the trade data released recently by the General Department of Customs and Excise (GDCE)....

Cambodia exported $782mn worth...

February 15, 2023

Market Update

Cambodia's exports to US surge 40% YoY in 2022

Cambodia's exports to the US surged 40% YoY to $12.2bn in 2022, according to the US Census Bureau. The Kingdom imported $450mn worth of products from the world's biggest economy, up 8% YoY. ...

Cambodia's exports to the US s...

February 13, 2023

Market Update

CSX index posts weekly gain of 0.15%

On Feb 10, 2023, the CSX index closed at a seven-month high of 493.36pts, posting a weekly gain of 0.15%. ABC shares rose for the first time this week, up 0.18% to finish at a seven-month high of KHR10,900...

On Feb 10, 2023, the CSX index...

February 10, 2023

Market Update

Cambodia overtakes China to become Adidas' largest garment manufacturer in 2021

Cambodia overtook China to become Adidas' garment manufacturer in 2021. Cambodia made 21% of Adidas' sports clothing in 2021, followed by China with 20% and Vietnam 15%, according to Bavaria-based firm' financial report....

Cambodia overtook China to bec...

February 9, 2023

Market Update

Exports to EU surge 25% YoY in 2022

Cambodian exports to the EU in 2022 were valued at $4.05bn, up more than 25% from $3.23bn in 2021, according to the Ministry of Commerce. Germany was Cambodia's largest EU trading partner in 2022, accounting for $1.25bn, up 19.3% YoY, followed by Belgium ($721.6mn; up 32.3%), the Netherlands ($596.7mn; 27%), France ($542.4mn; up 26.0%) and Spain ($503.8mn; up 38.7%)....

Cambodian exports to the EU i...

February 8, 2023

Market Update

Cambodia prepares to exit LDC status

Cambodia has conducted studies on the impacts of the exit of Least Developed Countries (LDC) status, challenges, and the loss of the trade preference scheme. To leave this status, Cambodia needs to pass at least three categories: Gross National Income (GNI) per capita, the Human Assets Index (HAI), and the Economic and Environmental Vulnerability Index...

Cambodia has conducted studies...

February 6, 2023

Market Update

Study on Bassac river-to-sea waterway completed

A key study on a proposed waterway link from Bassac river to the sea in the Kampot-Kep regioon has been completed, revealing plans for the project to connect to a seaport in Kampot province, according to the Ministry of Public Works and Transport...

A key study on a proposed wate...

February 2, 2023

Market Update

CSX index edges down slightly

On Feb 1, 2023, the CSX index retreated 0.05% from the previous close to 491.7pts. Only PAS made loss on the main board, edging down 0.43% to KHR14,000...

On Feb 1, 2023, the CSX index ...

February 1, 2023