Yuanta Reports

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

Coporate News

Ezecom launches Cambodia’s first submarine fiber-optic cable

Telcotech, a subsidiary of local internet provider Ezecom, officially launched Cambodia’s first undersea fiber-optic cable yesterday after nearly two years of construction, promising faster, cheaper and more secure internet connectivity...

16th March 2017

Economy & Industry

Asean members agree to cut 90% of tariffs over next 15 years

Experts yesterday welcomed recent moves by Asean members to agree to cut 90% of tariffs in the Regional Comprehensive Economic Partnership (RCEP) for between 5,000 to 6,000 kinds of products over the next 15 years...

15th March 2017

Economy & Industry

NBC sets microfinance interest rate cap at 18%

The National Bank of Cambodia (NBC) set the interest rate cap at 18% for microfinance institutions (MFI), deposit-taking MFIs, and licensed rural credit institutions to help the poor, curb over-indebtedness, and reduce poverty, according to an announcement released yesterday...

14th March 2017

Economy & Industry

Number of factories increases 74% over last five years

According to the yet-unpublished 2016 annual report of the Ministry of Industry and Handicraft, total number of factories jumped 74% during the last five years, from 907 in 2012 to 1578 in 2016, marking significant progress of Cambodia’s industrialization...

13th March 2017

Market Update

Weekly Market Summary

Today, the CSX index edged up 0.04% to 351.9 pts, as PPWSA shares gained 0.25%. This morning 12,099 shares changed hands...

10th March 2017

Coporate News

Cambodia Brewery opens second factory

Cambodia Brewery Ltd (CBL), a wholly-owned subsidiary of Heineken Asia Pacific, inaugurated its second brewery on the outskirts of Phnom Penh, tripling its beer production capacity and opening a new line to produce its Dutch parent company’s flagship lager, Heineke...

09th March 2017

Economy & Industry

Moody’s maintains Cambodia’s sovereign rating at B2 Stable

Global credit rating agency Moody’s has maintained Cambodia’s sovereign rating at B2 Stable, stating in its latest credit opinion released at the end of February that the rating was underpinned by credit strengths,...

07th March 2017