Yuanta

Economy & Industry

Government approves draft directive on corporate bond issuance

The government has approved three draft directives on corporate bonds that will pave the way for the issuance of the debt security, a new capital market tool allowing companies to raise funds for expansion, debt refinancing, or acquisitions, according to government officials...

03rd August 2017

Economy & Industry

FDI inflows into banking sector rises on new banks and higher caps

The inflows of foreign direct investment (FDI) into the Kingdom’s banking sector nearly doubled in 1H17 as two heavyweight players entered the local market and lending institutions responded to revised minimum capital requirements, a central bank official said yesterday...

02nd August 2017

Coporate News

Globalcam partners with Malaysia’s Mahdi for expressways

Cambodia’s Globalcam Project Development Ltd entered into an agreement yesterday with Malaysia’s Mahdi Holdings Investment to jointly build expressways across the Kingdom...

01st August 2017

Coporate News

Royal Group signs MoU with S. Korea’s E-Mart

Local conglomerate Royal Group and South Korea’s largest retailer, E-Mart, signed a memorandum of understanding last Friday to form a new joint venture to invests in a hypermarket—a massive retail outlet that combines a supermarket with a department store—in Cambodia...

31st July 2017

Economy & Industry

Cambodia signs DTA with Brunei

Cambodia signed a double taxation agreement (DTA) with Brunei, aiming to prevent dual taxation and fiscal evasion, the Ministry of Economy and Finance said yesterday in a press release...

28th July 2017

Coporate News

Makro offers opportunity for local veggie and fruit farmers

Makro, a joint venture cash and carry supermarket involving Siam Makro and local LYP Group, has called for supplies of vegetables and fruit from local farmers for its official opening in Phnom Penh by the end of the year...

27th July 2017

Economy & Industry

Govt offers $27mn emergency loans to struggling corn farmers

The government has made $27mn in emergency funds, initially intended for rice sector, available for struggling corn farmers at a 5% annual interest rate to help prop up low market prices and free up liquidity after farmers protested earlier this month, a state official said yesterday...

26th July 2017

Economy & Industry

Cambodia exports bananas for first time

Cambodia exported its first shipment of 100 tonnes of yellow bananas to China via Vietnam on Saturday, according to an official from the Ministry of Agriculture...

25th July 2017

Economy & Industry

Garment export growth slows in 1H17

Cambodia’s garment exports grew 4% YoY in 1H17, down from 9% in 1H16, while foreign investment in the sector declined by 30%, according to a report released by the National Bank of Cambodia (NBC) last Saturday...

24th July 2017

Economy & Industry

Government requires businesses to put price tags in riel

The Ministry of Commerce (MOC) issued a prakas (decree) yesterday requiring all businesses to put price tags on their products and services in riel, in order to boost the use of the local currency...

21st July 2017