Cambodia's fiscal policy shifts towards stability in FY 2025

Economy and Industry

Cambodia's fiscal policy shifts towards stability in FY 2025 Cambodia's fiscal stance is expected to transition from contractionary to neutral in the fiscal year 2025, according to the ASEAN+3 Macroeconomic Research Office (AMRO). The shift is driven by the government's efforts to balance economic growth with financial stability. The Ministry of Economy and Finance (MEF) and the National Bank of Cambodia (NBC) are working closely to ensure macroeconomic resilience amid global uncertainties. The government aims to safeguard public debt while maintaining a solid fiscal buffer to withstand external shocks. Additionally, investments in education, healthcare, and social protection are being prioritized to enhance social resilience. The report highlights that Cambodia's economic recovery is progressing steadily, supported by robust tourism and domestic consumption. (Source: Khmer Times)

Cambodia and Thailand strengthen trade and investment ties Cambodia and Thailand have reaffirmed their commitment to enhancing bilateral trade and investment cooperation. During a recent meeting between Cambodian Prime Minister Hun Manet and Thai Foreign Minister Maris Sangiampongsa, both nations agreed to expand collaboration across various sectors, including economy, tourism, security, and energy. The two countries aim to elevate their relationship to a strategic partnership, marking 75 years of diplomatic ties. Bilateral trade between Cambodia and Thailand reached $9 billion in 2023, with a target of $15 billion by 2025. Thailand exports refined fuels, beverages, livestock, and vehicles to Cambodia, while Cambodia exports precious stones, fruits, vegetables, and metal products. The leaders emphasized the importance of people-to-people exchanges and private sector cooperation to further strengthen economic ties. (Source: Khmer Times)

Cambodia's oil imports surge past $960 million in first quarter Cambodia has spent over $960 million on oil imports in the first quarter of 2025, reflecting the country's ongoing reliance on petroleum products. Rising global oil prices and increasing domestic consumption have contributed to this substantial expenditure, impacting the national trade balance. The government is exploring alternative strategies to mitigate the economic impact of fluctuating fuel costs, including investments in renewable energy and expanded domestic infrastructure. Initiatives such as solar and hydropower projects are gaining momentum, aiming to reduce reliance on imported oil and enhance energy security. (Source: Khmer Times)

Corporate News

Financial institutions collaborate to enhance ATM services BRIDGE Bank has teamed up with BTI Payments Cambodia to enhance and upgrade its self-service banking solutions, particularly for business clients. This partnership is designed to improve accessibility and efficiency while innovating beyond conventional branch-based banking. As part of the agreement, BTI Payments will assist in rolling out advanced automated teller machines (ATMs) and cash recycling machines (CRMs) at BRIDGE Bank branches. These installations aim to enhance service dependability, streamline cash transactions, and reinforce the bank's commitment to digital transformation. The partnership between these institutions likely involves streamlining cash withdrawal services, ensuring faster transaction processing, and introducing new security features to prevent fraud. (Source: Khmer Times)

Stock Market

CSX index slips 0.39% amid mixed main board performance The CSX Index declined by 0.39% to close at 407.0 points. On the Main Board, PWSA (+0.32%) and GTI (+0.31%) posted modest gains, while PPSP (-1.41%), PEPC (-1.14%), CGSM (-0.82%), and PAS (-0.17%) edged lower. PPAP, ABC, and MJQE closed unchanged. On the Growth Board, DBDE remained flat, while JSL dropped 2.48%. Total trading volume for the day reached 71,424 shares, with a turnover of KHR 366 million. (Source: YSC Research)

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