Economy and commerce

Things you should know about Cambodia before investingCambodia has performed well on foreign direct investment (FDI) so far, three times better than predicted, which scored 3.6, becoming the top 25 in the world.1 The FDI reached an all-time high of 14.1% in 2012 and nearly ...

The Covid-19 pandemic has caused a major economic shock in Cambodia, having a spillover on Cambodian micro, small and medium enterprises (MSMEs) and small household farmers’ survival and business continuity.1 Digital technologies are crucial during the pandemic, in which the owners of SMEs should focus ...

In 2020, COVID-19 severely impacted both the global and Cambodia economies. The banking system in Cambodia is also affected but at a moderate and manageable level.1 The National Bank of Cambodia (NBC), Cambodia Microfinance Association, and other relevant institutions pointed out the rate of the ...

The COVID-19 pandemic has hit global and Cambodia’s economies hard, having a spillover on the stability of the banking system. Banks and financial institutions have continued to provide services to customers, which can be seen through the rise in the number of depositors’ accounts to ...

Cambodian Prime Minister Hun Sen were at the Aid for Trade Global Review 2019. Photo by World Trade Organization (WTO), taken on 03 July 2019. Licensed under CC BY-SA 2.0.International trade plays an essential role in improving Cambodia’s growth, employment and business opportunities. Trade policy ...

U.S. Secretary of State John Kerry and Cambodian Prime Minister Hun Sen at a bilateral meeting. Photo by U.S. Embassy Phnom Penh, taken on 06 January 2016. Licensed under CC BY-ND 2.0.Cambodia is a lower middle-income country with a fast-growing economy that has sustained a ...

The total value of Cambodia’s international trade amounted to $35.8 billion in 2020, a 2.5 percent increase on the $34.9 billion in 2019 even after the Covid-19 pandemic slowed global trade, according to Ministry of Commerce (MoC) reports from 2020. The main sources of Cambodia’s ...

Prime Minister of Cambodia, Hun Sen, and other Cambodian Ministers were at the Aid for Trade Global Review 2019. Photo by World Trade Organization (WTO), taken on 03 July 2019. Licensed under CC BY-SA 2.0.After two decades of strong economic performance, Cambodia moved into the ...

Cambodia’s economy has experienced an impressive performance, reflected in its rapid economic growth and significant poverty reduction. Part of this is the result of the relative openness of Cambodia towards foreign investors. Domestic investment has also been growing, although at a lower rate than other ...

Starting from 2001, work began on promoting the formation of a Cambodian Stock Exchange (CSE or CSX) as a means of supporting the economic system in Cambodia’s development. A stock exchange facilitates the buying and selling of stocks among investors. Dr. Bit Seanglim, Chairman of ...

Cambodia restructured its economy after many years of protracted war and instability. The economy grew strongly following the country’s transition to a free-market economy as it opened to trade and capital flows. Growth was supported by the flow of development assistance, access to the European ...

After the first general election in 1993, the government prepared and implemented a comprehensive micro- and macroeconomic policy and structural reform program to integrate Cambodia’s economy into the region and the world as well as stimulate its economic growth.1 In the two decades following that ...

According to the Annual supervision report 2020 by the National Bank of Cambodia (NBC), the key bodies in the banking system consists of:51 commercial banks12 specialized banks75 microfinance non-deposit taking institutions6 microfinance deposit-taking institutions245 rural credit institutionsIn addition, there are financial leasing companies, third-party processors, ...

Political stability and economic growth of all sectors have played vital role in building the public and foreign investors’ confidence and maintaining the safety and soundness of banking system in Cambodia. The banking sector continues to have substantial growth as it shares 82.2% in the ...

Since the 1990s, the Cambodian economy has recorded a substantial expansion led by the tourism, manufacturing and construction sectors. One of the highest economic growth rates in the world allowed Cambodia to become a lower-middle-income country in 2015 1The country has a strategic position in ...

For most of the 21st century, Cambodia has enjoyed significant economic expansion, moving from a period of political turmoil to emerge as one of the fastest-growing economies in the world. Cambodia achieved lower-middle-income status in 2015, largely as a result of free-market reforms, the introduction ...

Small and medium enterprises (SME) have long been considered a vital driver to economic growth for developing economies. SMEs stimulate job creation throughout the country. Migration of employment to neighboring countries and the unemployment rate has significantly decreased due to a rising number of SMEs, ...

Counting money. Photo by Aaron Gilson, taken on 5 April 2013. Licensed under CC BY-NC-ND 2.0.Cambodia re-opened for international trade in the 1980s, opened up to foreign investment in 1994, joined ASEAN in 1999, and became a member of the WTO in 2004. Its bilateral ...