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

Electrical exports reach $2.1 billion

Cambodia's exports of electrical machinery, equipment, and related products reached $2.1 billion in the first eight months of 2023, a nearly 100% increase from the same period last year. Exports under Chapter HS 2 Code 85 reached $2.162 billion, a 98.5% ...

Cambodia's exports of electric...

October 4, 2023

Market Update

World Bank estimates 5.5% growth for the 2023 recovery stage

The World Bank has maintained Cambodia's economic growth forecast at 5.5% this year, citing the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. This contrasts with the Asian Development Bank's revised ...

The World Bank has maintained ...

October 3, 2023

Market Update

Concessional loan payments totaled almost $1 billion in H1

Cambodia's government has disbursed $913.8 million concessional loans in the first half of 2023, an increase of 11% compared to the same period in 2022, according to the Ministry of Economy and Finance. The total public debt stock ...

Cambodia's government has dis...

October 2, 2023

Market Update

The new minimum wage is officially $204

Cambodia's National Council on Minimum Wage (NCMW) has agreed on a new minimum wage of $202 for garment, travel goods, and bag industries, with an additional $2 per month by Prime Minister Hun Manet. This will enable factory workers to receive a ...

Cambodia's National Council on...

September 29, 2023

Market Update

In a survey, 77% of Cambodian restaurants report revenue loss

A survey by the Cambodia Restaurant Association (CRA) revealed that 77% of Cambodian restaurants reported a revenue drop from 2022, indicating a slowdown in the country's economy and tourism sector. The survey, conducted by CRA, revealed that 45% ...

A survey by the Cambodia Resta...

September 28, 2023

Market Update

$140 million is lent by ADB for labor development

Cambodia has received $140 million in loans from the Asian Development Bank (ADB) to boost labor development and transform the country into a technology-driven, knowledge-based industrial economy. The loans will help the government introduce policy ...

Cambodia has received $140 mil...

September 27, 2023

Market Update

To complete unfinished projects in Sihanoukville, $1B is required

The Cambodian government is planning to invest at least $1 billion in completing unfinished buildings in the coastal city of Sihanoukville, following a standstill in real estate and related businesses due to the Covid-19 pandemic in 2019. The government plans ...

The Cambodian government is pl...

September 26, 2023

Market Update

PM makes a pitch to US investors about Cambodia

Cambodia's Prime Minister Hun Manet has urged US investors to support the country's development efforts and start businesses. The Cambodia-US Business Forum, organized by the Cambodian Chamber of Commerce and the US Chamber of Commerce ...

Cambodia's Prime Minister Hun ...

September 25, 2023

Market Update

In spite of the economic downturn, FDI increased 42% in H1

Foreign direct investment (FDI) inflows in Cambodia increased by 41.6% in the first half of 2023 compared to the same period in 2022. The Council of Ministers' plenary session on September 20 highlighted the positive FDI, expected to see the ...

Foreign direct investment (FDI...

September 22, 2023

Market Update

Cambodia's GDP was downgraded by ADB to 5.3% for 2023

The Asian Development Bank (ADB) has revised Cambodia's GDP forecast to 5.3% in the Asian Development Outlook (ADO) September 2023 from 5.5% in the ODA April 2023. The report shows that Cambodia's exports of garments, footwear, and travel ...

The Asian Development Bank (AD...

September 21, 2023