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

Cambodian GDP is on 4.8% growth path in 2022

Cambodia's GDP is on the growth path of 4.8% in 2022 as the post-pandemic recovery expands, according to the World Bank's Cambodia Economic Update for Dec 2022. The economy is recovering well, but global headwinds could pose risks to a positive outlook in months to come, the report says. Cambodia's garment industry, travel goods and footwear exports have been resilient. The services sector, especially travel and tourism, has done well with total international visitor arrivals reaching 1.2 million in the first nine months of the year. Business and consumer confidence have risen and both domestic and foreign investment have increased. Economic growth is projected to accelerate further to 5.2% in 2023, but face serious risks due to gloomy global growth outlook next year (global trade growth slowed in 2H22, and is projected to slow sharply in 2023). Mariam Sherman, World Bank's Country Director for Myanmar, Cambodia and Lao PDR, said that in order to shield its economy from a possible drop in external demand, Cambodia could take steps to strengthen its fiscal position and promote its domestic economy.

Cambodia's GDP is on the growt...

December 8, 2022

Market Update

Cambodia churns out 4.85 tonnes of dore bar so far since Jun 2021

Cambodia has so far produced 4.85 tonnes of dore bars as of Dec 2 since the first commercial gold pour took place in Jun 2021, according to Minister of Mines and Energy Suy Sem. Four official gold producers are currently active. Australian-owned Renaissance Minerals (Cambodia) Ltd in the Okvau area of Mondulkiri province's Keo Seima district produced over 95% of the bars, weighing a total of 4.598 tonnes.

Cambodia has so far produced 4...

December 7, 2022

Market Update

South Korea looking to import Kampot fish sauce

South Korea is looking to import Kampot-style fish sauce from prominent maker E Chei Ngov Heng Food Production of Kampot, more commonly known as just Ngov Heng, after the Cambodia-Korea Free Trade Agreement (CKFTA) took effect on December 1, according to a commerce ministry statement.

South Korea is looking to imp...

December 5, 2022

Market Update

Investors urged to set up EV assembly plants

Even as some companies are planning to install EV charging stations across the country, the Minister of Public Works and Transport (MPWT) has urged investors in the private sector to invest in the establishment of electrical vehicle assembly plants, said a release by the ministry earlier this week.

Even as some companies are pla...

December 2, 2022

Market Update

Investment projects worth $460M approved in Q3

The Council for the Development of Cambodia (CDC) approved 52 fixed asset investment projects worth over $460 million in the third quarter of 2022, up 10.6 percent as compared to the same period last year.

The Council for the Developmen...

November 29, 2022

Market Update

Acleda Bank's market share unsatisfactory, despite profit

2022.11.25-Yuanta_Daily-Market-Update_-1669361550.pdf

2022.11.25-Yuanta_Daily-Market...

November 24, 2022

Market Update

Stock trading in red in Q3 amid low market liquidity

The quarterly data of securities market operations shows that the trading value and volume in Cambodia's stock exchange decreased in the third quarter of this year compared to the previous period as the market has been negatively affected by the slowdown of the economy, low market liquidity, according to the top official of the country's regulator.

The quarterly data of securiti...

November 21, 2022

Market Update

Tax revenue passes target amid money laundering cases

he General Department of Taxation (GTD) has collected more than $2.94 billion of tax revenue for the first 10 months of this year, which passes the amount set in the budget law 2022 and increases 26.96 percent compared to the same period last year, according to a press release by GDT on Tuesday.

he General Department of Taxat...

November 17, 2022

Market Update

SSEZ trade volume hits $2B in 10 months

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) totalled $2.069 billion in the first 10 months of 2022, marking a 17.09 per cent rise year-on-year from $1.767 billion, according to statistics posted by the operator at the weekend.

The volume of imports and expo...

November 16, 2022

Market Update

Cambodia's Panda Commercial Bank inks deal with Artronic in blockchain R&D

ARTRONIQ Bhd's wholly owned subsidiary, EA Global Integrated Sdn Bhd, has entered into a letter of intent to provide services and consultation to Cambodia's Panda Commercial Bank PLC in the research and development of blockchain financial services.

ARTRONIQ Bhd's wholly owned su...

November 15, 2022