Yuanta Reports

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

Coporate News

Japan’s BTMU plans to expand in Cambodia

Japan’s largest bank, The Bank of Tokyo-Mitsubishi UFJ, plans to expand its business in Cambodia nationwide from the current sole representative office in Phnom Penh, according to a press statement released by the National Bank of Cambodia (NBC)...

22nd March 2017

Economy & Industry

CMA to ask NBC to review interest rate cap

A week after the National Bank of Cambodia announced an interest rate cap of 18% applied to all microfinance institutions (MFIs), the Cambodia Microfinance Association (CMA) said it had had discussions...

21st March 2017

Coporate News

LOLC and Bank of East Asia acquire majority stake in Prasac

According to a joint company announcement, Sri Lanka’s LOLC and Hong Kong’s Bank of East Asia (BEA) have jointly acquired a majority stake in Prasac Microfinance, in what could be the largest acquisition of a Cambodian micro-lender to date...

20th March 2017

Market Update

Farmers unconcerned over plunge of pepper prices

Pepper prices have fallen over 30% compared to last year due to growing international supply that is leading to higher competition in the market, but Cambodian farmers are unconcerned, remaining confidence in the quality of their pepper...

17th March 2017

Market Update

Weekly Market Summary

Shares in Phnom Penh Water Supply Authority (PPWSA) finished the week unmoved at KHR4,000 (-0.99% MTD, -2.44% YTD). With 46,241 shares changed hands this morning, the volume trading during the week came to 56,016 shares...

17th March 2017