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

Bank credit growth slows, while deposits rise by 13% YoY to $52 billion

Cambodia's banking system remains strong in capital and liquidity, but credit quality and profitability have declined. In the first half of 2024, loans grew by...

Cambodia's banking system rema...

August 22, 2024

Market Update

$12.7 million in trading volume recorded on Cambodian Securities Exchange in Q2 2024

The Cambodian Securities Exchange (CSX) reported a trading value exceeding $12.7 million in Q2 2024, reflecting a dynamic but uneven performance across its Main and Growth Boards. While the Main Board ...

The Cambodian Securities Excha...

August 21, 2024

Market Update

Bakong Tourists app launched, allowing payments at 3.3 million locations

The National Bank of Cambodia (NBC) has introduced the Bakong Tourists mobile payment system to simplify transactions for travelers, address issues with damaged banknotes, promote the riel, and enhance the tourism sector. Available on both iOS and Android, the app ...

The National Bank of Cambodia ...

August 20, 2024

Market Update

Cambodia rises to the position of the world's second-largest producer of raw cashew nuts

Cambodia has emerged as the world's second-largest producer of raw cashew nuts, with a total output of 830,000 tonnes in the first seven months of 2024. This surge in production is largely due to cashew crops adapting well ...

Cambodia has emerged as the wo...

August 19, 2024

Market Update

Cambodia raises $43.6 Million in e-commerce tax revenue in seven months

Cambodia's General Department of Taxation (GDT) reported $43.6 million in e-commerce value-added tax (VAT) revenue during the first seven months of 2024, with $6 million collected in July alone. Since April 2022, the country ...

Cambodia's General Department ...

August 16, 2024

Market Update

Korean FDI is the second largest in Cambodia, according to Ambassador Park

Korea ranks as the second-largest source of Foreign Direct Investment (FDI) in Cambodia, with over 40% of its total investment concentrated in the banking and financial sectors, according to Korean Ambassador Park Jung-Wook. During a meeting ...

Korea ranks as the second-larg...

August 15, 2024

Market Update

Cambodia's GFT exports rebound with 17.95% YoY growth in first seven months of 2024

Cambodia's garments, footwear, and travel goods (GFT) exports surged by 17.95% YoY in the first seven months of 2024, generating $7.5 billion in revenue, as reported by the General Department of Customs and Excise (GDCE). This marks ...

Cambodia's garments, footwear,...

August 14, 2024

Market Update

Over 15% of Cambodia's population is covered by insurance, either through private providers or NSSF

Over 15% of Cambodia's 17.6 million population has some form of insurance, either through private insurers or the government's National Social Security Fund (NSSF). The Insurance Association of Cambodia (IAC) ...

Over 15% of Cambodia's 17.6 mi...

August 13, 2024

Market Update

Cambodia's international trade surpasses $31 billion in the first seven months of the year

Cambodia's international trade volume surged by 15% YoY in the first seven months of 2024, reaching $31.18 billion, up from $27.1 billion during the same period last year. Exports climbed 14% YoY to $14.76 billion, while ...

Cambodia's international trade...

August 12, 2024

Market Update

Phnom Penh and Takeo residents have higher savings compared to other parts of Cambodia

A recent study conducted by the Cambodia Microfinance Association (CMA) and Micro-Credit Ratings International Limited (M-Cril) has identified Phnom Penh as having the highest access to formal savings in Cambodia, with 69% of its population holding a bank account. Following closely are provinces like...

A recent study conducted by th...

August 9, 2024