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.

Equity Report

PPWSA's 3Q22 review: water sales continue to see solid growth

Water subscription reached 447,679 connections at the end of 3Q22, an increase of 1.2% compared to the end of 2Q22, and 5.2% compared to 3Q21. Of the total subscriptions, household clients account for 358,770 connections, or 80.1%, while commercial and industrial clients account for 82,193 connections or 18.4%, with the other 6,716 connections being subscriptions from government institutions, autonomous state authorities, private water distributors, and others....

Water subscription reached 447...

January 18, 2023

Market Update

Cambodia-Japan bilateral trade up 12% YoY in 2022

he bilateral merchandise trade between Cambodia and Japan reached $1.95bn in 2022, up 12% YoY, according to the General Department of Customs and Excise (GDCE).

he bilateral merchandise trade...

January 17, 2023

Market Update

Study finds Cambodians are very concerned about inflation

A market research study of more than 500 Cambodians found that 71% of them are very concerned about inflation. Standard Insights surveyed more than 500 Cambodians and found that almost 95% of respondents are concerned about inflation.

A market research study of mor...

January 16, 2023

Market Update

NBC projects 6% growth for 2023

The National Bank of Cambodia has forecasted that Cambodia's GDP is expected to grow around 6% in 2023, according to its latest report.

The National Bank of Cambodia ...

January 13, 2023

Market Update

Cambodia's GFT exports rise 15% in 2022

Cambodia's exports of garments, footwear, and travel (GFT) goods increased by 15% from $10.99bn in 2021 to $12.63bn in 2022, according to the latest report on trade by the General Department of Customs and Excise (GDCE).

Cambodia's exports of garments...

January 12, 2023

Market Update

Cambodia's exports surge 16% in 2022

Cambodia's total merchandise exports reached $2.48bn in 2022, surging 16.4% YoY, narrowing its international trade deficit by 20.6% to $7.46bn, according to the General Department of Customs and Excise (GDCE).

Cambodia's total merchandise e...

January 11, 2023

Market Update

CDC approves $4.68bn worth of investment project in 2022

The Council for the Development of Cambodia (CDC) approved $4.68bn worth of investment projects in 2022, up 7.5% over $4.36bn in 2021. The figures were revealed in a Jan 6 report issued by the CDC. The leading source markets were mainland China, Hong Kong, Macau, Taiwan, Japan, the Cayman Islands, Thailand, and Singapore, the report noted,

The Council for the Developmen...

January 9, 2023

Market Update

Cambodia's e-commerce market value expected to reach $1.78bn by 2025

The market value of e-commerce in Cambodia is estimated to reach $1.1bn in 2022, $1.28bn in 2023, $1.50bn next year, and $1.78bn in 2025, thanks to the growing reach of the internet, better access to newer technologies, increasing digitalization, and rise in income levels.

The market value of e-commerce...

January 5, 2023

Market Update

National Social Assistance Fund (NSAF) launched

National Social Assistance Fund (NSAF) was officially launched on Jan 1, 2023. NSAF has been created through the integration of the National Social Security Fund for Civil Servants, the National Veterans Fund and the Department of Social Welfare.

National Social Assistance Fun...

January 3, 2023

Market Update

Cambodia welcomes nearly 2 million foreign visitors in first 11 months

Cambodia welcomed more than 1.9 million international visitors in the first 11 months of 2022, a 12-fold increase YoY. However, it is still down 67.6% compared to 5.9 million booked for the same period of record-breaking 2019, according to the Ministry of Tourism.

Cambodia welcomed more than 1....

January 2, 2023