Cambodia, China ink deal for 500,000 tonnes of dried cassava exports

Economy and Industry

Cambodia, China ink deal for 500,000 tonnes of dried cassava exports Cambodia has signed a Memorandum of Understanding (MoU) with China to supply 500,000 tonnes of dried cassava chips for 2025-2026. The agreement, signed at the Ministry of Commerce headquarters, underscores the Royal Government's commitment to promoting Cambodian agricultural products, expanding and diversifying export markets, and improving production and processing standards. The new MoU builds on a previous 200,000-tonne agreement signed in March 2025, reflecting growing confidence in Cambodian agricultural products and strengthening bilateral trade cooperation. The deal is expected to generate economic benefits for farmers and processors, create jobs, and support sustainable agricultural growth. Cambodia ranks as the fourth-largest cassava producer in Asia and the tenth-largest globally. In 2024, the cassava sector recorded notable expansion, with fresh cassava exports rising by more than 160% in the first three quarters to surpass two million tonnes, while dried cassava exports reached over 860,000 tonnes, down 12.54% YoY. (Source: Khmer Times)

Cambodia's fuel imports reach $1.45 billion in January-July Cambodia's total imports of diesel fuel, gasoline, and combustion gas decreased by 13.1% in the first seven months of 2025, according to a Ministry of Commerce report. The value of imports for these fuels amounted to $1.45 billion from January to July 2025, compared with $1.67 billion in the same period last year. The report showed that the kingdom spent $786 million on diesel fuel, down 12%; $459.7 million on gasoline, down 20.6%; and $204.6 million on combustion gas, up 6.3%. Cambodia remains heavily reliant on oil and gas imports, as its offshore oil reserves have not yet been exploited. The Ministry of Mines and Energy projects that demand for oil and gas products will rise to 4.8 million tons by 2030, up from 2.8 million tons in 2020. (Source: Khmer Times)

Malaysia welcomes Cambodian patients for medical tourism The Malaysia Healthcare Travel Council (MHTC) and the Embassy of Malaysia in Phnom Penh co-organized a healthcare promotion event to boost Malaysia's medical tourism market. The event, titled "Bridging Borders: Unlocking World-Class Healthcare in Malaysia for Cambodians", aimed to bring Malaysia's world-class healthcare services closer to Cambodian patients. The collaboration also sought to create opportunities in hospital services, medical studies for students, and specialist training for Cambodian professionals. Held from August 19-22, the event featured leading Malaysian healthcare providers, including the National Heart Institute (IJN), KPJ Healthcare Berhad, Sunway Healthcare Group, and Optimax Eye Specialist Centre. The initiative responds to the growing demand for quality healthcare among Cambodians, who are increasingly seeking treatment abroad. In 2024, Malaysia welcomed 1.6 million healthcare travelers, generating approximately 2.72 billion ringgit ($640 million) in revenue. (Source: Khmer Times)

Corporate News

$60 million aluminium plant planned in Preah Sihanouk Cambodia's Preah Sihanouk Province is set to host a $60 million aluminium processing plant, expected to create over 500 jobs. The investment, led by Cambodian Kuna New Energy Co., Ltd., will be located in the Preah Sihanouk Special Economic Zone and will process semi-finished aluminium ingots into sheets and assemblies for export to ASEAN countries and the United States. The project is anticipated to bring significant economic benefits, including 540 direct jobs, skills transfer to local workers, and a stronger investment environment to support provincial growth. Its development will follow the Ministry of Environment's strict requirements on environmental risk management, workplace safety and health standards, and the use of local labour and technical expertise. Preah Sihanouk's strategic advantages-its prime coastal location, expanding infrastructure, and reputation as a major tourist hub-continue to attract investors. The province's GDP per capita is projected to exceed $13,000 within the next 15 years, driven by rapid development. (Source: Khmer Times)

Stock Market

CSX gains 0.09% as PEPC and PPAP lead advances On 22 August 2025, the CSX Index rose by 0.09%, closing at 405.0 points. On the Main Board, PEPC (+2.69%), PPAP (+1.48%), and GTI (+0.28%) posted gains, while no stocks recorded losses. PWSA, PPSP, PAS, ABC, MJQE, and CGSM remained unchanged. On the Growth Board, DBDE gained 1.00%, while JSL declined 0.36%. Total trading volume reached 26,100 shares, with a turnover of KHR 144 million. (Source: YSC Research)

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