Cambodia

Cambodia’s economy benefits from a dynamic tourism sector, robust garment exports and a youthful population, with almost 50% of the citizens under the age of 20. Over the past decade, the economy has grown on average by over 5%.

The government actively seeks foreign investment, offering incentives such as reduced corporate tax rates and full foreign ownership of companies. Regional integration through agreements such as ASEAN and the Regional Comprehensive Economic Partnership (RCEP) serves as an additional catalyst.

Yet, regulatory transparency concerns and systemic corruption impact investor confidence. Furthermore, despite major investments in public infrastructure, limited transport and logistics capacity, along with unreliable energy supply, continue to impose high costs on businesses and consumers. Other weaknesses include extreme weather vulnerability, dependence on imports of energy and goods, and heavy reliance on Chinese financing.

Source: IMF, CIA The World Factbook

UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

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