Yuanta

Economy & Industry

JICA completes feasibility study on water treatment plant in Takhmao

The feasibility study for a Japan-funded water treatment plant in Takhmao city was recently finished, with construction due to begin April next year, the agency in charge of the project revealed...

21st November 2019

Equity Report

PPWSA's 3Q19 review: Operating profit surges 57% YoY in 3Q19, 17% YoY in first nine months

Total number of water subscriptions has maintained a steady growth, increasing by 6,391 in 3Q19 to 386,661 at the end of September. Subscription by commercial and industrial clients saw the highest quarterly increase in the last five quarters, rising by 1,000 to 60,804 (15.7% of total). Subscriptions by households reached 319,372 (82.6% of total), or 5,395 more compared to the end of 3Q18...

21st November 2019

Economy & Industry

Garment, textile and footwear exports increase 13% YoY in first nine months

Cambodia exported more than $7.97 billion worth of garment, textile and footwear (GTF) products in the first nine months of this year, up 13.18 per cent year-on-year from $7.04 billion, a report from the Ministry of Economy and Finance’s General Department of Customs and Excise said...

20th November 2019

Coporate News

Local startup “Clik” featured in Fintech100’s “Emerging 50”

Cambodia’s local startup “Clik” – a digital payments service aggregator based in Phnom Penh—was featured in the “Emerging 50” section of this year’s Fintech100 for the first time.

19th November 2019

Equity Report

PPAP's 3Q19 review: Net profit rises 47.1% YoY in first nine months despite 8.6% YoY drop in 3Q19

Container throughputs handled by PPAP in 3Q19 hit an all-time high of 92,494 TEUs, surging 44.4% compared to 3Q18, the highest YoY growth for quarterly throughputs the port has achieved since 2011. Container shipments during the period rose 27.5% YoY to 635,409 tons...

19th November 2019

Economy & Industry

Insurance premium sees strong growth in 1H19

Insurance industry continues to see strong growth in the first half of 2019, according to insiders. General insurance gross premium between January and June reached $49.3mn, a 14.7% increase compared to the same period last year, while life insurance gross premium surged 55.3% to $66.3mn...

08th November 2019

Economy & Industry

Foreign arrivals increase 10% during first nine months

The number of foreign tourists visiting Cambodia rose by 10 percent during the first nine months of the year, according to the latest report from the Ministry of Tourism, as the Chinese continue to top the list of tourist arrivals....

05th November 2019

Economy & Industry

Six agro startups join Impact Hub’s incubator programme Six

Six local agricultural startups have chosen to join the DakDam Incubator Programme, gaining $5,000 in funding and access to mentors. Run by Impact Hub Phnom Penh and supported by HEKS Cambodia and the Swiss Agency for Development and Cooperation (SDC), the programme is designed for...

01st November 2019

Economy & Industry

Rubber production up 23% in first nine months of 2019

Rubber production in Cambodia rose 23% in the first nine months of 2019, reaching 173,072 tonnes according to the latest official report. The average price during the period saw a 2% drop, selling for around $1,335 per tonne, the General Directorate of Rubber said...

25th October 2019

Economy & Industry

CGCE collects $2.4bn in custom revenue in first nine months of 2019

The General Department of Customs and Excise (GDCE) collected almost $2.4bn in custom revenue in the first nine months of 2019, a 35% increase compared to the same period last year...

22nd October 2019