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

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

Market Update

Bakong system sees 180% YoY increase in number of KHR transactions in first half of 2024

The National Bank of Cambodia (NBC) reported a significant surge in local currency payments through the Bakong system, with a 180% YoY increase in 'Riel currency' transactions during the first half of 2024, totaling ...

The National Bank of Cambodia ...

August 8, 2024

Market Update

Cambodia's major ports invest in first phase of Funan Techo Canal project

Cambodia's two major public-listed ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), have announced their investment decisions for the initial 21-km phase of the Funan Techo Canal project. PAS will invest 26% ...

Cambodia's two major public-li...

August 7, 2024

Market Update

New visa system to streamline entry process for international travelers

Cambodia is set to introduce an electronic visa payment system on September 1, aiming to increase foreign tourist numbers. The move eliminates the need for foreign tourists to wait in queues to make cash payments, which they previously had to manually fill out at embassies or consulates. The new management system, developed ...

Cambodia is set to introduce ...

August 6, 2024