MSMEs secure $288m in loan guarantees from CGCC

Economy and Industry

MSMEs secure $288m in loan guarantees from CGCC As of April 2025, the Credit Guarantee Corporation of Cambodia (CGCC) has supported 4,709 micro, small, and medium-sized enterprises (MSMEs) with $288 million in credit guarantees. 86% of MSMEs used the loans for business expansion and investment, but they were mostly used for operating capital. The state-run Agriculture and Rural Development Bank and SME Bank are among the participating financial institutions in the CGCC scheme, which provides finance for working capital investments and business expansion. The government of Cambodia anticipates that banks and microfinance organizations would offer additional loans in response to MSMEs' requirements. The CGCC was founded in November 2020 with the goal of enhancing financial inclusion and the expansion of SMEs. (Source: Khmer Times)

Government reports $2.85 million in gold royalties over four-month period According to the Ministry of Mines and Energy, the gold mining industry in Cambodia has experienced tremendous expansion, with rising non-tax revenues and encouraging prospects for further growth. After a very impressive revenue in 2024, the government received almost $2.85 million in royalties from goldmines in the first four months of this year. It is emphasized that the mining industry has the ability to draw in more capital from both domestic and foreign businesses. There are ten gold refining firms in the nation at the moment, with Renaissance Minerals (Cambodia) Ltd. being the most prominent commercial operator. Private firms operate goldmines in Mondulkiri that yield 12,558 kg of dore bars with 90% gold solution. (Source: Khmer Times)

Cambodian trade team seeks U.S. investment amid tariff talks A Cambodian delegation led by Deputy Prime Minister Sun Chanthol and Minister of Commerce Cham Nimul held six high-level meetings with U.S. government and congressional leaders to promote direct investment in Cambodia. The talks were part of the first round of negotiations under the Trade and Investment Framework Agreement (TIFA), held from May 13-14, 2025. Led on the U.S. side by Sarah Ellerman, Assistant U.S. Trade Representative for Southeast Asia and the Pacific, discussions focused on strengthening bilateral trade ties, with particular attention to import tariffs. The two sides also explored ways to boost U.S. private sector investment in Cambodia. The United States remains Cambodia's top export market, with key products including garments, travel goods, footwear, bicycles, and vehicle tyres. Positive outcomes from the tariff talks could pave the way for increased U.S. investor interest in the Kingdom. (Source: Phnom Penh Post)

Corporate News

Grab integrates Nham24 into unified platform to strengthen digital ecosystem in Cambodia The integration of Nham24, the food delivery platform in Cambodia, into Grab's app ecosystem is a major step in the company's post-acquisition business combination in Southeast Asia. The action is a component of Grab's plan to strengthen its position in the Kingdom's quickly changing delivery and e-commerce industries, increase its investment in Cambodia's digital economy, and improve user experience. All services will eventually be moved to the Grab app, replacing the stand-alone Nham24 app. Through a single, cohesive platform, users will be able to access both Grab's broader range of services, including as ride-hailing and digital payments, and Nham24's well-liked food delivery choices. The Grab and Nham24 teams worked closely together for a while before the integration to guarantee continuity and high-quality service during the changeover. (Source: Cambodia Investment Review)

Stock Market

CSX index slightly down as PPAP and PEPC lead decliners On 22 May 2025, the CSX Index declined by 0.08%, closing at 406.9 points. On the Main Board, PPSP (+0.94%) and MJQE (+0.50%) led the gainers, while PPAP (-2.30%), PEPC (-1.82%), GTI (-0.49%), and PAS (-0.17%) posted losses. PWSA, ABC, and CGSM remained unchanged. On the Growth Board, DBDE was flat, while JSL gained 1.44%. Total trading volume reached 83,716 shares, with a turnover of KHR 646 million. (Source: YSC Research)

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