PPAP 4Q23 Review: Net Profit Plunges 34% YoY
In 4Q23, container throughput slightly increased 2.9% YoY to 91,186 twenty-foot equivalent units (TEUs). On the other hand, the total volume of the containers decreased by ...
26th March 2024
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ABC 4Q23 Review: Bottom Line Declines on High Credit and Funding Costs
At the end of 4Q23, the number of loan accounts reached 661,941, up 11.9% YoY. Gross loan portfolio saw a slight uptick of 3.7% YoY, totaling USD 6,657.3mn at the end of 2023, mainly driven by 5.0% YoY growth ...
26th March 2024
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PPWSA 4Q23 Review: Strong Recovery and Resilience in Challenging Times
In 4Q23, total water subscription reached 478,141 connections, an increase of 2.4% compared to the previous quarter, and 5.9% compared to the same period last year. Of the total subscriptions, household clients account for 381,752 ...
26th March 2024
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Cambodia's rice sector targets global market expansion
Cambodia has emerged as a crucial player in global food security, exporting over 650,000 tons of milled rice and 2.7 million tons of unmilled rice to more than 50 destinations in 2023. With a long-term vision to bolster its contribution to global food security, ...
26th March 2024
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Former Cambodia PM calls for enhanced relations with Thailand
Former PM Hun Sen advocated for strengthening Cambodia-Thailand relations by elevating the current Strategic Partnership to a Comprehensive Strategic Partnership during a meeting with Wanmuhamadnoor Matha, President of the National Assembly ...
25th March 2024
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Cambodia-Vietnam trade surges in early 2024
According to the General Department of Customs and Excise (GDCE), cross-border trade between Cambodia and Vietnam surged notably in the first two months of 2024, reaching $1.41 billion, a 30.4% increase compared to the same period the year prior. Cambodia's exports to ...
22nd March 2024
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Cambodia and Hong Kong foster trade and investment relations
Cambodia and the Hong Kong Special Administrative Region (SAR) are intensifying efforts to enhance their relationship, particularly in trade and investment domains. During a meeting in Hong Kong on March 19, Sok Sopheak, Secretary of State at the Ministry of Commerce, engaged with ...
21st March 2024
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Cambodia's rubber exports surge
According to the General Department of Customs and Excise (GDCE), Cambodia's rubber exports surged in the first two months of 2024, reaching $215 million, a 90% increase from the previous year. This growth trend follows a global decline in natural rubber production ...
20th March 2024
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Customer deposits into MDIs increase
In 2023, as per data from the Cambodia Microfinance Association (CMA), deposit balance at AMK, Amret, LOLC, and Mohanokor increased from $2 billion to $2.22 billion, representing a 11% increase YoY. Meanwhile, the number of depositors only increased by ...
19th March 2024
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Cambodia's public debt stands at $11.24 billion
According to the Ministry of Finance (MEF), Cambodia's public debt stood at $11.24 billion by the end of 2023 - the majority of public debt is in US dollars (46%) and in Special Drawing Rights (19%). Furthermore, 99.5% of the public debt is owed ...
18th March 2024
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