PM Hun Manet reviews informal economy progress, unveils next steps

Economy and Industry

PM Hun Manet reviews informal economy progress, unveils next steps Cambodia's Prime Minister, Hun Manet, presented a progress report on the National Strategy for the Development of the Informal Economy (2023-2028). He emphasized the strategy's role in advancing the Royal Government's Pentagonal Strategy - Phase I, which focuses on growth, employment, equity, efficiency, and sustainability. Key achievements include the launch of a digital platform to simplify registration for informal workers and businesses, the expansion of vocational training programs, broader social security coverage, and efforts to encourage banks and microfinance institutions to support small informal enterprises. However, Manet acknowledged ongoing challenges, including uneven registration rates across provinces and concerns about the long-term financial sustainability of extending comprehensive social security to the informal sector. To address these issues, the government plans to strengthen institutional capacity, expand outreach and public awareness campaigns, launch mobile registration units, and implement SMS-based information campaigns. (Source: Khmer Times)

Canadian businesses encouraged to leverage Cambodia as entry point to ASEAN Rath Saravuth, Secretary of State at the Ministry of Commerce, has called on Canadian investors and businesspeople to expand trade and investment in Cambodia. Speaking at the "Cambodia-Canada Business Mission" held at the Hyatt Regency Phnom Penh, Saravuth emphasized Cambodia's commitment to strengthening trade relations with Canada and attracting Canadian investment across various sectors. The event was organized by the Canada Trade Mission Team and hosted by the Canadian Embassy in Cambodia, with notable participation from Dr. Sok Sipanna, Minister Attached to the Prime Minister and Special Envoy, and Sara Wilshaw, Senior Advisor to the Deputy Minister of International Trade and Canada's Trade Commissioner. Saravuth also encouraged Canadian investors to fully leverage the trade mission, particularly by identifying local partners with the potential to develop mutually beneficial projects in Cambodia. (Source: Khmer Times)

Cambodia's insurance sector records $27M in gross premiums for April The Insurance Regulator of Cambodia (IRC) reported a 7% growth in the country's insurance sector for April, with total gross premiums reaching USD 27 million. Life insurance premiums increased by 9.83% to USD 16.33 million, while general insurance rose by 2.07% to USD 10.93 million. The total amount of claims paid by insurers also saw a significant increase, rising 56% to USD 8.18 million compared to USD 5.21 million during the same period last year. In terms of product breakdown, endowment policies accounted for 73% of total life insurance sales, followed by term life insurance. For general insurance, property insurance generated the highest sales, followed by medical and auto insurance. Bou Chanphirou, Director General of the IRC, highlighted the importance of insurance in strengthening Cambodia's social security system and contributing to national economic development. (Source: Khmer Times)

Corporate News

ASEAN forum recognizes OCIC leadership for outstanding business contributions At the ASEAN Leadership & Partnership Forum 2025 in Kuala Lumpur, Thierry Tea, Vice President of Overseas Cambodian Investment Corporation (OCIC), received the ASEAN Rising Star Award. He also accepted the ASEAN Outstanding Entrepreneur Award and the ASEAN Business Excellence Award on behalf of OCIC's Founder and Chairman, Pung Kheav Se. These accolades recognize OCIC's significant contributions to Cambodia's economic development over the past 25 years, particularly under Pung's leadership, which emphasized empowering young talent in management roles. Tea has been instrumental in steering OCIC's digital and green transformation initiatives, positioning the conglomerate at the forefront of sustainable and innovative business practices in the region. The awards were presented in the presence of notable dignitaries, including Vietnamese Prime Minister Pham Minh Chinh, Thai Prime Minister Paetongtarn Shinawatra, and Senior Minister Dr. Sok Siphana, representing Cambodian Prime Minister Hun Manet. This recognition underscores OCIC's growing influence and commitment to fostering entrepreneurial excellence within ASEAN. (Source: Cambodia Investment Review)

Stock Market

CSX index edges up 0.22% to 409.1 points On 03 June 2025, the CSX Index rose by 0.22%, closing at 409.1 points. On the Main Board, GTI (+2.58%), CGSM (+0.41%), and PAS (+0.17%) were the only gainers, while MJQE (-0.49%), PPSP (-0.47%), PEPC (-0.37%), and PPAP (-0.15%) posted losses. PWSA and ABC remained unchanged. On the Growth Board, DBDE and JSL rose by 0.46% and 0.35%, respectively. Total trading volume reached 43,778 shares, with a turnover of KHR 191 million. (Source: YSC Research)

CSX Index

Stock Performance

Valuation Ratios

Trading Summary

Historical Issuance Summary

Main Board

Growth Board