Market Update

Cambodia's rice exports surge to $170 million

In 1Q24, Cambodia's rice exports surged, with 248,491 tons valued at $170.2 million shipped abroad, as reported by the Cambodia Rice Federation (CRF). April alone accounted for $46.6 million from exporting 82,491 tons of rice, with China ...

09th May 2024

Market Update

Cambodia's export growth highlights the country's economic resilience

Prime Minister Hun Manet underscored Cambodia's robust export performance, with an average growth of 13.3% between 2017 and 2023, reaching $23.47 billion in 2023 or 54.7% of the GDP. Speaking at the National Single Window ...

08th May 2024

Market Update

Cambodia plan to establish large-scale seedling nurseries across 5 provinces

The Ministry of Environment plans to establish five large-scale seedling nurseries in five provinces, with Tboung Khmum hosting Cambodia's first regional nursery capable of producing over one million seedlings annually. These nurseries ...

07th May 2024

Market Update

NBC and NGB sign MoU to reduce dollarization

The National Bank of Cambodia (NBC) and the National Bank of Georgia (NGB) inked a memorandum of understanding (MoU) aimed at bolstering financial cooperation for de-dollarization effort. This historic agreement marks the first collaboration ...

06th May 2024

Market Update

IMF updates Cambodia's GDP figures

The International Monetary Fund (IMF) recently updated Cambodia's GDP figures for 2023, now standing at $41.9 billion, a 35% increase from previous calculations using 2014 as the base year, a shift from the outdated 2000 base. Mekong Strategic Capital (MSC) ...

03rd May 2024

Market Update

Cambodia and Mexico aim to strengthen trade ties

Trade and investment collaboration between Cambodia and Mexico is set to escalate following discussions between Cambodia Chamber of Commerce (CCC) and Ambassador of Mexico to Cambodia. They highlighted the need ...

02nd May 2024

Sovereign Yield

Cambodia's Sovereign Yields and Spreads

01st May 2024

Market Update

Sihanoukville's investment program gathers momentum from Chinese investors

Sihanoukville's Governor, Kouch Chamroeun, reports that 18 private firms have applied to invest in frozen construction projects under Cambodia's 'Special Investment Promotion Program ...

30th April 2024

Market Update

Cambodia-Japan trade reaches new heights

In 1Q24, Cambodia's exports to Japan surged to $365 million, marking an 18.4% increase from the previous year and solidifying Japan as Cambodia's fourth-largest export destination. With bilateral trade reaching $507 million ...

29th April 2024

Market Update

Cambodia's furniture industry poised for tenfold growth by 2033

A recent report by 'Research and Markets' forecasts a substantial surge in Cambodia's furniture production and trade, projecting a tenfold increase by 2033, to reach a market value of $1.484 billion. Despite a slight decline in furniture ...

26th April 2024