Business and Market
Cambodia’s Steel Imports Surge in Early 2025
Cambodia's steel imports significantly rose in the first quarter of 2025, with the nation importing iron and steel valued at USD217 million. This marks a remarkable 75% increase compared to USD124 million during the same period last year. According to a report released on 10 April by the General Department of Customs and Excise, iron and steel imports accounted for 2.9% of Cambodia's total impo...
Read MoreSchneiTec Dynamic Lists Green Bond Mobilising USD 50 million for Green Energy Development
SchneiTec Dynamic Co., Ltd has listed a green bond on the Cambodia Securities Exchange (CSX), mobilising USD 50 million for its green energy development project in Cambodia. The Official Green Bond Listing Ceremony was held on 11 April 2025, at the Cambodia Securities Exchange. During the ceremony, HE Sou Socheat, a Delegate of the Government and Director General of the Securities and Exchange ...
Read MoreFour Major Companies Plan to Make Further Investments in Cambodia’s Automotive and Electronics Sectors
Four prominent automotive and electronics companies are gearing up to expand their investments in Cambodia, aiming to bolster the nation’s economy. This commitment was announced during a recent study visit by HE Chea Socheat, Deputy Director of the Cabinet of the Council for the Development of Cambodia, on 31 March 2025. During the visit, HE Chea Socheat and his team toured the facili...
Read MoreSmart Eden Expands Cambodian Product Exports to France
In a significant development for Cambodia’s export market, Smart Eden has announced plans to expand the export of Cambodian products to France, bolstered by a robust distribution network of over 6,000 locations across the country. This major announcement was made during a meeting with HE Hem Vandy, Minister of Industry, Science, Technology and Innovation, and CEO Laurent Strauch, along with promin...
Read MoreCambodia’s Star Casino Asset at Centre of Donaco’s USD 55.6 Million Takeover by On Nut Road
Donaco International’s flagship Cambodian asset, the Star Vegas casino and hotel complex in Poipet, is now at the heart of a USD 55.6 million acquisition deal by On Nut Road, a Hong Kong-based special purpose vehicle managed by Argyle Street Management. As part of the takeover, shareholders will receive USD 0.045 in cash per Donaco share, representing a 54.10% premium to the 90-day volume-weighted...
Read MoreIKEA Explores Expansion into the Cambodian Market
Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, the Secretary-General outlined Cambodia’s att...
Read MoreCambodia’s Trade Surges to USD 9.44 Billion in Early 2025
In a promising start to the year, Cambodia’s international trade volume soared to approximately USD 9.44 billion during the first two months of 2025, marking a remarkable 16.3% increase compared to the same period in 2024, according to a recent report from the General Department of Customs and Excise of Cambodia. Export activities also showed positive growth, with goods valued at USD 4.46 billi...
Read MoreIndonesia Commits to Boost Investment in Cambodia as Trade Reaches USD 1 Billion
In a significant diplomatic engagement, HE Santo Damosumato, the Ambassador of the Republic of Indonesia to the Kingdom of Cambodia, expressed his country’s commitment to attracting more investment to Cambodia. This announcement was made during a meeting with Mr. Kuoch Chamroeun, the Governor of Kandal Provincial Council, on 6 March 2025. Ambassador Damosumato's remarks come on the heels of a n...
Read MoreCambodia-Thailand Trade Relations Soar to New Heights in 2024
In a significant boost to regional trade relations, the trade volume between Cambodia and Thailand reached an impressive USD 10 billion in 2024. This increase, marking a rise from USD 8 billion in the previous year, underscores the strengthening economic ties between the two neighbouring countries. During a pivotal meeting on 11 March 2025, Samdech Techo Hun Sen, Cambodia's Acting Head of State...
Read MoreEU Delegation Explores Investment Opportunities in Sihanoukville
A European Union delegation comprising representatives from 12 member states met with local authorities in Sihanoukville to explore potential investment avenues in the region, as it seeks to enhance economic ties and contribute to key sectors. The meeting featured HE Long Dimanche, Deputy Governor of Sihanoukville Province, who welcomed the delegation led by Mr. Andreas Berg, Deputy H...
Read More
