Market Update

Cambodia achieves milestone in road network expansion

Cambodia expanded its national road network by nearly 300 kilometers last year, reaching over 20,307 kilometers. The Ministry of Public Works and Transport (MPWT) reported work on 854 national highways, including key expressways, and provincial and rural roads...

30th January 2025

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Market Update

Cambodia shines with 20 ASEAN Tourism Awards

At the ASEAN Tourism Forum (ATF) 2025 held in Johor Bahru, Malaysia, Cambodia was honored with 20 prestigious awards across four categories, showcasing its excellence in tourism standards. The awards included five ASEAN Green Hotel Awards, five ...

29th January 2025

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Market Update

MLVT seeks nearly 80,000 workers in key sectors

The Ministry of Labour and Vocational Training (MLVT) in Cambodia has announced a significant demand for nearly 80,000 workers across three major sectors: industry, services, and agriculture. This demand highlights the need for skilled labor to support the country's economic growth and development....

28th January 2025

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Market Update

Cambodia's foodgrain production reaches 39.4 million tonnes

In 2024, Cambodia's foodgrain production reached an impressive 39.4 million tonnes, with 12 million tonnes exported to 95 countries, generating approximately $5.3 billion in revenue. The Ministry of Agriculture, Forestry and Fisheries (MAFF) highlighted that crops contributed to 61% ...

24th January 2025

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Market Update

Derivatives market set for growth with new SERC and IFC partnership

The Cambodian derivatives market is poised for significant growth following a new cooperation agreement between the Securities and Exchange Regulator of Cambodia (SERC) and the International Finance Corporation (IFC). The agreement aims to build a robust market ...

23rd January 2025

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Market Update

Cambodia's export growth in garments and textiles reaches new heights in 2024

In 2024, Cambodia's export sector saw remarkable growth, with the export of garments, textiles, shoes, and travel goods reaching nearly $14 billion, marking a 23% increase from the previous year. Garment exports alone accounted for $9.79 billion, a 24% rise, while ....

22nd January 2025

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Market Update

Cambodia's trade with RCEP countries reaches $34.52 billion in 2024

In 2024, Cambodia's trade volume with RCEP countries reached $34.52 billion, marking a significant milestone. The RCEP agreement, along with bilateral free trade agreements, has played a crucial role in driving this growth. The kingdom's total export to fellow RCEP members ...

21st January 2025

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Market Update

World Bank projects Cambodia's economic growth at 5.5% for 2025 and 2026

The World Bank has projected Cambodia's GDP growth to reach 5.5% in 2025 and 2026. This growth is driven by the revival of the travel and tourism industries, manufacturing exports, and foreign direct investment. Despite the positive outlook, challenges such ...

20th January 2025

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Market Update

Significant increase in Cambodia's EV registrations in 2024

Cambodia experienced a significant increase in electric vehicle (EV) registrations in 2024, with a total of 2,253 EVs registered, marking a 620% rise from the previous year. The most popular EV brands in Cambodia are BYD from China, Toyota from Japan, and Tesla from the United States...

17th January 2025

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Market Update

Cambodia sees major investment in industry and manufacturing in 2024

In 2024, Cambodia experienced a significant boost in investment projects, particularly in the industrial sector. The Council for the Development of Cambodia (CDC) approved 414 investment projects, with nearly 400 in the industrial sector alone. This marks a 40% ...

16th January 2025

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