Cambodia’s capital market raises $550 million, prepares for additional listings

PHNOM PENH, Cambodia (Oct. 7, 2025) — Cambodia’s Securities and Exchange Regulator said Tuesday that 25 companies have raised approximately $550 million through issuances to date, with an additional $100 million in listings expected on Oct. 8.

Sou Socheat, director general of the Securities and Exchange Regulator of Cambodia, said the 25 issuers include 11 companies that offered securities and 14 that issued various types of debt securities, including green and sustainability bonds.

Cambodia’s securities market has seen notable development over the past 15 years, driven by regulatory reforms, infrastructure improvements and the creation of a financial ecosystem. These efforts include legal frameworks and market innovations aimed at introducing new financial products and participants.

Key market infrastructure has been established, including the Cambodia Securities Exchange, which ensures orderly trading operations. Multiple intermediaries now support the development of bond-related products and services.

Deputy Prime Minister Aun Pornmoniroth, who also serves as minister of economy and finance, said the government has prioritized the promotion of green, social, sustainability and sustainability-linked bonds for the private sector.

He added that for developing countries, securities markets are not just financial mechanisms but foundational tools that support national economic and social growth.

The regulator, in partnership with the Asian Development Bank, hosted its 2025 annual capital conference on Oct. 7 to promote market development and introduce its 2025–2035 capital market development strategy .