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

Next month, a business merger sub-decree will go into effect

The Ministry of Commerce has announced that the sub-decree on requirements and procedures for business merging will take effect on September 6, 2023. The sub-decree outlines three main obligations for businesspeople when merging multiple ...

The Ministry of Commerce has a...

August 8, 2023

Industry Report

Industry Report 2023: Is Cambodian Banking Sector Highly Oversaturated?

The Cambodian banking industry is facing increasing systemic risks due to the looming economic uncertainty and rising non-performing loans (NPLs). Key indicators, such as Total Credit (% of GDP), Credit Non-financial (% of GDP), and Domestic Credit to Private Sector (% of GDP) are recorded at 195%, 188%, and 177%, respectively, as of the end of 2022..

The Cambodian banking industry...

August 7, 2023

Market Update

The insurance industry records a $28.7M premium in June

Cambodia's insurance sector experienced a 7.5% increase in premiums in June 2022, driven by 18 general insurers, 14 life insurers, seven micro-insurance companies, one reinsurance firm, and 20 insurance brokers, 34 ...

Cambodia's insurance sector ex...

August 7, 2023

Market Update

Cambodia calls on the US Congress to reinstate the GSP

Cambodia's Minister of Commerce has called on Jason Smith, chairman of the US House Committee on Ways and Means, to strongly consider re-authorising the Generalised System of Preferences (GSP) for Cambodia. The GSP scheme lapsed ...

Cambodia's Minister of Commerc...

August 4, 2023

Market Update

With more than 20.2 million e-wallets, digital payments in Cambodia have significantly increased

Cambodia has experienced a significant increase in mobile payments due to the shift from cash-based to digital transactions. The number of registered e-wallet accounts reached 20.2 ...

Cambodia has experienced a sig...

August 3, 2023

Market Update

NBC will raise its foreign currency reserve requirements to 12.5% in 2024

The National Bank of Cambodia (NBC) plans to increase the reserve requirements in foreign currency, particularly US dollars, for banks and financial institutions to 12.5% in 2024. This move follows a 9% increase since January 1, 2023, from ...

The National Bank of Cambodia ...

August 2, 2023

Market Update

$27 million in government bonds are issued by Cambodia in H1

The Cambodian government raised $27 million in bonds in the first six months of 2023, accounting for 13.5% of the $200 million target. The government issues bonds through the National Bank of Cambodia Auction Platform (NBCP), with ...

The Cambodian government raise...

August 1, 2023

Market Update

NBC: Robust lenders will continue to be important growth drivers

The National Bank of Cambodia (NBC) has praised the banking system's robustness and resilience, despite global turbulence. The system has been stimulated by credit allocation and loan restructuring, and the central bank is implementing ...

The National Bank of Cambodia ...

July 31, 2023

Market Update

Most likely by September, the ASEAN QR code

The ASEAN Business Advisory Council (Asean-BAC) Chairman Arsjad Rasjid announced that a universal QR code for the region is likely to be a reality by September. The integration will allow visitors from any ASEAN country to ...

The ASEAN Business Advisory Co...

July 28, 2023

Market Update

FSA announces the regulation on issuance of collective scheme

The Council of Non-Bank Financial Services Authority (FSA) of the Ministry of Economy and Finance (MEF) has issued a proclamation allowing investors to trade collective investment scheme funds on a unit basis in the ...

The Council of Non-Bank Financ...

July 27, 2023