Yuanta Reports

Economy & Industry

Farmers urged to grow chemical-free vegetables

At a workshop last Friday, in which officials from the Agricultural Ministry, NGOs, and farming organizations exchanged ideas on boosting the domestic vegetable market, farmers were urged to reduce their reliance on pesticides in order to address the concerns of consumers who are worried about high levels of chemicals...

24th April 2017

Coporate News

Sihanoukville port officially announces date for IPO

Sihanoukville Autonomous Port (PAS), the Kingdom’s only deep-sea port, has officially announced its initial public offering (IPO) on the Cambodia Securities Exchange (CSX), and will launch its six-day book building and...

21st April 2017

Coporate News

Vietnam’s Virtue Resources to invest in massive casino

Vietnamese investment firm Virtue Resources plans to build a massive $200mn mixed-use development that includes a hotel, casino, and water park in the Cambodian border town of Bavet through its fully owned Malaysian subsidiary, a government official confirmed yesterday...

20th April 2017

Economy & Industry

Rice exports grow 3% YoY in 1Q17

Cambodian rice exports grew only 3% YoY in 1Q17 despite double-digit growth in January and February due to a dramatic decline in March. According to the Ministry of Agriculture, Cambodia exported a total of 166,678 tonnes in 1Q17, up from 162,220 in 1Q16...

19th April 2017

Economy & Industry

Unseasonable rainfall a glimpse into future farming woes

Record low temperatures and unseasonable rainfall over Khmer New Year holiday were an occurrence that had never been seen before, and were believed to be a glimpse into the potential, intensifying effects of climate...

18th April 2017

Economy & Industry

Trade with Vietnam up 21.2% YoY in first two months of 2017

Trade between Cambodia and Vietnam rose 21.2% YoY in the first two months of 2017 to about $624.1mn, according to the Vietnamese ambassador to Cambodia...

13th April 2017

Economy & Industry

Master plan for tourism development unveiled

The Ministry of Tourism unveiled a master plan for the development of the industry in provinces and cities at its first quarter meeting last Thursday...

12th April 2017

Economy & Industry

NBC identifies technology as important for promoting financial inclusion

As the National Bank of Cambodia (NBC) strives to ensure the delivery of formal financial products and services to all segments of the population, the role of technology in promoting financial inclusion will be the theme of the central bank’s Fourth Annual Macroeocnomic Conference in November...

11th April 2017

Coporate News

Pestech obtains $100mn transmission line contract

Malaysian-owned power infrastructure provider Pestech (Cambodia) Ltd has been awarded a contract to build a 230- kilovolt transmission line valued at $100mn to connect Koh Kong province’s Stung Tatai hydropower dam to Phnom Penh, according to a filing on the Malaysian stock exchange...

10th April 2017

Economy & Industry

Economy to see stable growth over next two years

According to the Asian Development Bank (ADB) flagship report, titled “Asian Development Outlook 2017: Transcending the Middle-Income Challenge”, Cambodia’s economic growth will remain stable over the next two years at 7.1%, but the Kingdom must now...

07th April 2017