Cambodia
After decades of political mismanagement and civil war, Cambodia has recently begun to capitalize on its economic potential. Since adopting free-market economic policies in the 1990s and increasing its integration within the international community, Cambodia’s economy has flourished. From 1998 to 2007, Cambodia’s GDP growth ranked sixth in the world (9.8%) and fastest in the Far East after China. Several factors will drive Cambodia’s continued upward trajectory. Cambodia is resource-rich with newfound offshore oil and gas deposits in the Gulf of Thailand and mineral deposits in the northern provinces. Tourism is also proliferating, as Cambodia is home to pristine beaches, world-class cultural relics (Angkor Wat) and a burgeoning eco-tourism sector. Cambodia also benefits from a young and cheap workforce and a growing middle-class.
Cambodia - GDP Growth Rate (%)
Cambodia - CSX Composite Index
Stock Market:
The Cambodia Securities Exchange (CSX) was established on 11th July 2011 and is headquartered in Phnom Penh. Stock trading started with the first listing of Phnom Penh Water Supply Authority (PWSA) on 18th April 2012. There are currently 11 companies listed (“Main Board” and “Growth Board” combined) and the market capitalization was USD 4.8 billion as of September 2024. The second listing on the CSX was Grand Twins International which listed on 16th June 2014 followed by Phnom Penh Autonomous Port on 9th December 2015, Phnom Penh Special Economic Zone on 30th May 2016, Sihanoukville Autonomous Port on 8th June 2017, ACLEDA Bank on 25th May 2020, Pestech (Cambodia) on 12th August 2020 and finally DBD Engineering, the first company listed on the “Growth Board”, on 6th September 2021 followed by JS Land on 10th February 2022 as the second company listed on the “Growth Board”. In 2023 CAMGSM, one of Cambodia’s six mobile phone network operator, was listed on 27th June 2023 and Mengly J. Quach Education Plc. on 28th June 2023.
Useful Links:
Cambodia Securities Exchange website: www.csx.com.kh
Price Quotes:
ACLEDA Bank (ABC) Quote
CAMGSM (CGSM) Quote
DBD Engineering (DBDE) Quote
Grand Twins International (GTI) Quote
JS Land (JSL) Quote
Mengly J. Quach Education (MJQE) Quote
Pestech Cambodia (PEPC) Quote
Phnom Penh Autonomous Port (PPAP) Quote
Phnom Penh Special Economic Zone (PPSP) Quote
Phnom Penh Water (PWSA) Quote
Sihanoukville Autonomous Port (PAS) Quote
CAMBODIA
Population: 15.8m
5 Year average GDP Growth: 7.1%
Main Industries: Garments, Tourism, Agriculture
- Abundant natural resources
- Strategic location in dynamic region
- Favourable demographics
- Stable government with favourable investment policies
- Stock market established in 2011
- First IPO completed in April 2012