Yuanta

Coporate News

NagaWorld casino earns $390mn in net income in 2018

NagaWorld casino earned $390.6mn in net income in 2018, a 53% increase YoY. Listed on the Hong Kong stock exchange, NagaCorp Ltd released its annual financial report for last year, showing a 55% increase in gross gaming revenue to $1.4bn...

18th February 2019

Coporate News

Mobile parking application to be launched this year

A mobile parking application called Somjot, which helps vehicle owners find parking spaces, is set to be released early this year after the start-up was announced as a winner in the SmartStart Young Innovator Program, according to its co-founder Ny Chanpichmean...

04th February 2019

Coporate News

NagaCorp issues bonds on HK bourse

NagaCorp, which operates the NagaWorld casino and hotel in Phnom Penh, has become the first Cambodian issue of offshore bonds, raising $300mn to endorse further...

17th May 2018

Coporate News

KrisEnergy invests more for next year oil extraction

Singapore-based KrisEnergy plans to invest $39.4mn in Cambodia this year, aiming to produce oil from offshore Block A oil deposit next year, according to the company’s 2017...

04th May 2018

Coporate News

New Japanese condo building breaks ground

L’attrait, a new condominium building funded with $18mn from Japanese investors, broke ground yesterday in BKK. Standing 26 floors tall, the new project expected for...

27th April 2018

Coporate News

Royal Group’s luxury hotel on Koh Rong island official opens

The Royal Group’s Royal Sands Koh Rong hotel on Monday marked its official launch as the first luxury resort on Cambodia’s most visited island. The hotel, which has been..

23rd April 2018

Coporate News

Industrial Bank of Korea to open a rep office in PP

South Korea’s Industrial Bank of Korea (IBK) has announced that it will open a representative office in Phnom Penh this year. IBK will become the third Korean bank to be...

20th April 2018

Coporate News

Geopacific discovers gold in Northern Cambodia

Australia-based mining company Geopacific Resources has confirmed the discovery of gold and silver deposits at its Prospect 118 site at the company’s Kou Sa project in...

19th April 2018

Coporate News

Tomato Specialized Bank acquired by KB Card

Tomato Specialized Bank has been acquired by South Korea’s KB Kookmin Card Co for $10.8mn. The transaction was carried out after a long search for a buyer following the...

06th April 2018

Coporate News

Taiwan’s Evergreen Marine Corporation expands operation in Cambodia

Evergreen Marine Corporation, a Taiwanese shipping giant that accounts for 7% of the global vessel fleet capacity...

05th April 2018