Yuanta Reports

Economy & Industry

Foreign tourists up 9% YoY in 1Q17 despite price increase

The number of foreign tourists visiting Angkor Wat in the first quarter of the year rose 8.95% to 764,146, while ticket sales surged 51% to $30.85mn, according to a report from the state-run ticketing agency Angkor Enterprise...

06th April 2017

Coporate News

Cambodia Post to launch e-commerce service

State-owned Cambodia Post is ready to launch an e-commerce company by 2H17 in a move to tap the growing demand for online transactions in the Kingdom and to diversify its revenue stream, a company executive said yesterday...

05th April 2017

Economy & Industry

Japanese firm pledges to boost silk industry

Japanese-owned Il Brille, which runs two beauty salons and a shop in Phnom Penh, will invest in Cambodian silk production to supply the local market and export to Asia and the United States...

04th April 2017

Economy & Industry

GDT extends deadline of corporate tax filings

The General Department of Taxation (GDT) has announced a one-month extension to its traditional Mar 31 deadline for companies to submit their annual corporate tax filings, giving companies until Apr 30 to do so without penalty...

03rd April 2017

Coporate News

Wing to offer e-ticketing system for city bus

Wing (Cambodia) Limited Specialized Bank, the Kingdom’s leading mobile banking services provider, signed a memorandum of understanding with City Hall yesterday to offer e-payment options for passengers using the Phnom Penh city bus service

30th March 2017

Coporate News

Khmerload attracts Silicon Valley’s investment

Khmerload, a Cambodian entertainment news website modeled after American media giant Buzzfeed, becomes the first local tech startup to attract an investment from Silicon Valley investors called 500 Startups, which is a global venture capital seed fund and startup accelerator founded by PayPal and Google alumni, Dave McClure and Christine Tsai

29th March 2017

Economy & Industry

Tourism Ministry curbs price rises

The Ministry of Tourism issued an order last Thursday to curb price rises during big festivals in a bid to promote local tourism. The ministry told tourism operators to manage and list their services based on regulations, free market principles,...

28th March 2017

Coporate News

Vinamilk to take full stake of Angkormilk

Vietnamese state-owned diary giant Vinamilk will take a full stake of Angkor Dairy Products, better known as Angkormilk, by acquiring another 49% stake from its Cambodian partner, according to Vietnamese media...

27th March 2017

Economy & Industry

NBC agrees to help ease burden on micro-lenders

The Cambodian Microfinance Association (CMA) announced yesterday that the National Bank of Cambodia (NBC) had tentatively agreed to a number of measures in order to help ease the burden on micro-lenders following last week’s decision to cap annual interest rates at 18% as of Apr 1...

24th March 2017

Economy & Industry

SECC suspends issuance of new derivatives license

The Securities Exchange Commission of Cambodia (SECC) announced yesterday that it would suspend the issuance of new central counterparty licenses to derivatives trading firms, saying that four firms are sufficient to serve the current market demand...

23rd March 2017