Economy & Industry

Cambodia aims to boost exports to Eurasian states

Cambodia signed an agreement with the Eurasian Economic Commission (EEC) yesterday with the aim of diversifying its exports to the Eurasian Economic Union (EAEU) member states, a market of almost 183 million people...

14th February 2017

Market Update

PPWSA shares gain as net income jumps in 4Q16

Shares in Phnom Penh Water Supply Authority (PPWSA) rose KHR100 from the previous close to KHR4,100 (-0.49% MTD, 0.00% YTD). The stock’s gain followed the release last Friday of 4Q16’s results...

13th February 2017

Market Update

Weekly Market Summary

Today, the CSX index retreated slightly, dropping 0.67% from the previous close to 349.0 pts. Only 690 shares changed hands this morning...

10th February 2017

Economy & Industry

Water taxis expected to be launched next year

A waterway passenger transport service via the Tonle Sap and Tonle Bassac rivers is expected to be launched next year, bringing hopes of eased traffic congestion in Phnom Penh and providing a new option for tourists...

09th February 2017

Economy & Industry

Govt finalizing legislation for bond market

The government is finalizing legislation that would regulate the establishment of a bond market, officials said during a public consultation on a prakas (regulation) on public offering of debt securities...

08th February 2017

Economy & Industry

Insurance gross premium surges 35.6% last year

Cambodia’s insurance industry saw record growth last year, with total gross premium surging 35.6% to $113.6mn from $83.7mn in 2015, according to a report from the Insurance Association in Cambodia (IAC)...

07th February 2017

Economy & Industry

Total issuance of NCDs triples in 2016

According to the 2016 annual report of the National Bank of Cambodia (NBC), total issuance of negotiable certificates of deposits (NCDs) tripled last year, with $11bn in USD-denominated certificates and KHR12tn ($3bn) in KHR-denominated certificates placed on the market over the course of the year...

06th February 2017

Market Update

CSX index inches down 0.96%

Today, the CSX index fell 0.96% from the previous close to 360.8 pts, as GTI shares dropped 4.82%. While PPWSA shares edged up 0.49%, PPAP and PPSP shares were unchanged. This morning just 2 shares changed hands...

03rd February 2017

Economy & Industry

Study shows fintech could increase GDP by about 6%

% Adopting digital financial services, or fintech, could increase the Kingdom’s GDP by about 6%, according to Accelerating Financial Inclusion in Southeast Asia with Digital Finance, a report commissioned by the Asian Development Bank (ADB)...

02nd February 2017

Economy & Industry

EDC expects electricity imports to fall in 2017

As domestic power production increases thanks to investments in hydropower resources, Cambodia’s electricity imports from neighboring countries are expected to fall this year, according to the annual report released on Monday by Electricite du Cambodge (EDC)...

01st February 2017