Yuanta

Coporate News

Chinese firm to build tyre factory in Cambodia

China's General Science Technology is to build a $200mn plant in Cambodia the capacity to produce 6 million passenger car tyres annually, according to the firm announcement. To be located in Sihanoukville Special Economic Zone, the plant is expected to take 15 months to complete and is set for operation in Sep 2022. Once fully operational, the plant will create...

09th June 2021

Coporate News

Haystack Asia acquires 25% stake in Camboticket

Haystack Asia Capital Limited has acquired 25% stake in Camboticket, the foremost online booking platform for buses, ferries and taxis in Cambodia, Laos, Thailand and Vietnam. Camboticket was founded in 2014 with a singular mission to revolutionize Cambodia's inefficient counter booking system and bring its booming travel into the new age of online booking...

07th June 2021

Economy & Industry

Chilli exports up 95% in first five months

Cambodia's fresh chilli export saw a dramatic rise during the first five months of this year, according to the statistics shared recently by Minister of Agriculture, Forestry and Fisheries Veng Sakhon. From January to May 2021, 56,507 tonnes of fresh chillies have been exported...

04th June 2021

Economy & Industry

Mango exports reach nearly 157,000 tonnes in first five months

Cambodia exported in total 156,7234 tonnes of fresh mangoes to international markets during the first five months of this year, according to MAFF. It is a jump by 255% compared to the same period last year, MAFF....

03rd June 2021

Economy & Industry

Cambodia introduces e-commerce tax

Cambodia will require tech companies without a physical presence in the country to pay a 10% value-added tax (VAT) on their sales of digital goods and services, making it the latest country in Southeast Asia to levy charges on recognizable firms like Google, Facebook, Netflix, and AliExpress...

02nd June 2021

Coporate News

Foodpanda to expand to K. Speu province

Food delivery giant Foodpanda has announced its plan to expand into Kampong Speu province, which will mark the 11th Cambodian province in which the company has a presence. Foodpanda is one of the most successful and popular food delivery companies...

01st June 2021

Economy & Industry

Crude palm oil exports up 36% YoY in first five months

Cambodia's exports of crude palm oil reached 19,916 tonnes in the first five months of 2021, an increase of 36% compared to the same period last year, according to data from the Ministry of Agriculture, Forestry, and Fisheries. Favorable weather has been cited as the key factor for the increase in domestic production of palm oil, while the world's largest producers...

27th May 2021

Industry Report

Industry Report 2021: Healthcare Services Sector in Cambodia

The demand for private health services has continued to rise in tandem with the rapid economic growth, showing promising signs for investment into the private sector. The report is aimed at offering a glimpse on the overall healthcare system in Cambodia, highlighting the key investment points and opportunities that potential investors should consider...

14th May 2021

Equity Report

PPWSA's 2020 review: net profit skyrockets to record high

Water subscription increased by 17,712 connections or 4.5% to 407,779 connections at the end of 2020. The number household clients were up 3.7% to 333,099 connections, accounting for 81.7% of total subscriptions, while the number of commercial and industrial clients rose 9.3% to 68,136 connections (16.7% of total)...

12th May 2021

Equity Report

PPAP's 4Q20 review: Revenue decreases for second straight quarter

In 4Q20, container throughputs increased 1.6% YoY to 69,565 TEUs. The positive growth was achieved after a decline of 7.4% YoY in 3Q20 likely as a consequence of COVID-19 impact. Total container shipments reached 520,800 tons between Oct and Dec 2020, up 8.2% compared to the same period in 2019, driven mainly by 13.2% YoY increase in export shipments....

17th February 2021