The growth in container volume and cargo throughput in 2025 enabled the Sihanoukville Autonomous Port (PAS) to generate a profit of nearly $43 million, an increase of more than 35% over the previous year. Alongside rising vessel traffic, ongoing development and capacity expansion at the port have also continued. The PAS annual financial report, released on March 18, shows that in 2025 the Sihanoukville Autonomous Port generated total revenue of 621,458,546 thousand riel (approximately $155.36 million), an increase of 35.33% compared to 2024. After deducting operating expenses and taxes, PAS recorded a net profit of 171,978,947 thousand riel (about $42.99…
Author: Hin Pisei
A representative of the World Bank (WB) declared that his institution intends to continue providing technical assistance and sharing its international experience to help Cambodia achieve its vision of becoming a high-income country by 2050. Carlos Felipe Jaramillo, WB vice-president for East Asia and the Pacific, met with Minister of Economy and Finance Aun Pornmoniroth at the finance ministry on March 16. Jaramillo informed the ministry leadership that the bank is strongly committed to continuing its cooperation and support for Cambodia’s journey toward achieving its 2050 vision. This will be implemented through the new Country Partnership Framework (CPF 2025–2029) between…
Ratanakiri province, Cambodia: LOLC Cambodia demonstrated its strong commitment to responsible lending and customer well-being through the successful organisation of a comprehensive training program on “debt stress management” for staff in Ratanakiri province. The two-day programme, conducted from March 13-14, was facilitated and delivered by independent consultants Mr Gordon Paterson and Ms Waralak Pinthammarak, and brought together staff to deepen their understanding of debt-related challenges while enhancing their capacity to effectively support clients experiencing financial stress. This initiative reflects LOLC’s ongoing efforts to strengthen staff capacity and promote ethical and responsible financial practices across every one of its operations. The…
A senior executive from one of the world’s largest multinational companies has shared its intent to invest in Cambodia’s cashew processing industry. Gaurav Patil, senior vice-president and country head of Olam Food Ingredients (OFI) Vietnam, met with Minister of Commerce Cham Nimul on March 17, in Phnom Penh. Patil shared that after recognising Cambodia’s strong potential, his company intends to further expand its investment in the Kingdom. Olam Food Ingredients (OFI) Vietnam is a subsidiary of Olam Group, a large multinational company headquartered in Singapore and operating in more than 60 countries. The Group is a leading player in the…
A delegation of major Austrian companies has reportedly expressed strong interest in exploring investment opportunities and establishing long-term partnerships with Cambodia. The Cambodia–Austria Business Forum was held at the Council for the Development of Cambodia (CDC) headquarters, this morning, March 17. Andreas Sumper, deputy head of mission at the Austrian embassy to Cambodia, led a delegation from 19 major Austrian companies to the forum, which was also attended by CDC first vice-president Sun Chanthol. Also in attendance were representatives from numerous Cambodian government institutions, along with the Cambodian Oknha Association and the Cambodia Chamber of Commerce. According to the CDC,…
The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have called on the public not to fall for rumours or information from unclear sources when it comes to the Kingdom’s financial institutions, instead suggesting that they get their information from the National Bank of Cambodia (NBC) and licensed banks. Following widespread social media claims that several banks in Cambodia are facing cash shortages when customers attempted to withdraw money, the private financial sector in Cambodia — represented by the ABC and CMA — issued a March 16 joint press release. “The ABC and CMA urge the…
In the face of recent posts circulating on social media claiming that several banks are facing closure due to a shortage of cash to serve depositors, Chea Serey, governor of the National Bank of Cambodia (NBC), has affirmed that Cambodia’s banking system remains strong, although she acknowledged that a small number of banks have experienced liquidity issues caused by depositors withdrawing funds at the same time. In a more than five-minute video on the afternoon of March 16, Serey noted that there has recently been information on social media suggesting that certain banks have closed. However, she stressed that the…
The Phnom Penh Autonomous Port (PPAP) generated more than $9 million in revenue in the first two months of the year, an increase of nearly 40% compared with the same period in 2025. Analysts have attributed the rise to the Kingdom’s expanding import-export activities. A report issued by the port late last week described its performance as showing strong progress. The port recorded $9.11 million in revenue, up 37% compared with the $6.67 million from the same period in 2025. Total revenue consisted of $7.69 million from port operations, $1.24 million from port authority services and $0.18 million from other…
Tax cooperation between Cambodia and the Republic of Korea is expected to improve after Cambodia’s General Department of Taxation (GDT) signed a memorandum of understanding (MoU) with the National Tax Service of the Republic of Korea on the exchange of information for tax purposes. GDT director-general Kong Vibol and Lim Kwang Hyun, commissioner of the Korean tax service, signed the agreement during a March 12 ceremony at the GDT headquarters. During the visit, the tax authorities of both countries discussed several key topics, including the investigation of tax crimes and combating money laundering. They also shared experiences on modernisation and…
In 2025, the Royal Government of Cambodia signed concessional loans with development partners (DPS) totalling more than $1.2 billion, bringing Cambodia’s public debt stock to more than $13 billion by the end of 2025. In the same year, the government repaid a total of $678 million in public debt. The Cambodia Public Debt Statistical Bulletin was issued by the Ministry of Economy and Finance of Cambodia on March 3. Signed by finance minister Aun Pornmoniroth, it listed year-end total public debt stock at $13.05 billion, 98% (approximately $12.81 billion) of it public external debt, 60% from Bilateral Development Partners -…