Economy & Industry

Govt suspends tax prepayment for agricultural sector

The Ministry of Economy and Finance issued a prakas last week, suspending prepayment of tax on profits for companies dealing the production, supply or export of agricultural products such as paddy rice, milled rice, corn, beans, pepper, cashew nuts, cassava and rubber...

05th February 2019

Coporate News

Mobile parking application to be launched this year

A mobile parking application called Somjot, which helps vehicle owners find parking spaces, is set to be released early this year after the start-up was announced as a winner in the SmartStart Young Innovator Program, according to its co-founder Ny Chanpichmean...

04th February 2019

Economy & Industry

US-funded aquaculture project launched

US-funded project Commercialization of Aquaculture for Sustainable Trade (Cast) was officially launched yesterday, aiming to boost aquaculture growth and development in Cambodia by increasing access to fish seed and feed, and strengthening links in the value chain—from hatcheries to fish producers, buyers and distributor...

01st February 2019

Market Update

CSX index posts monthly gain of 22%

Today, the CSX index fell for a third trading day straight, down 7.52% to 586.9 pts. GTI and PAS shares plunged 10% to KHR5,580 and KHR11,700, respectively. PPWSA shares posted a daily loss of 5.00%, ending at KHR5,700, while PPSP shares dropped 3.13% to KHR3,090...

31st January 2019

Economy & Industry

Banks and MFIs see healthy growth in 2018

Cambodia’s banking and microfinance industry saw healthy growth in 2018, with total customer deposits rising 15.3% to more than $22bn and loan portfolio soaring 18.8% to nearly $24.5bn, according the National Bank of Cambodia (NBC)’s annual report...

30th January 2019

Equity Report

PPAP's 3Q18 review: Net profit jumps 60% YoY on deferred tax income

• Container throughputs handled by PPAP in 3Q18 increased 7.6% YoY (+30% QoQ) to 64,039 TEUs, seeing a single-digit YoY growth for the first time in the last seven quarters. Total container cargoes volume dropped 3.7% YoY (+24.9% QoQ), as container cargoes for imports fell 6.1% compared to the same period last year...

07th December 2018

Equity Report

PPWSA's 1H18 review: Operating profit margin narrows as expenses on salaries & electricity surge

Total water subscription reached 355,090 at the end of June, up almost 5% from the end of 1Q18. The increase of 16,798 subscribers during 2Q18 is the biggest quarterly growth since...

28th September 2018

Economy & Industry

Rising gas price hurting low-income earners

The retail price of petrol in Cambodia rose again on Tuesday, upsetting many who work in low-paying jobs, like tuk-tuk drivers and food vendors. For 10 days through June 1...

23rd May 2018

Market Update

CSX advances 1.75% as GTI posts daily gain of 9%

Today, the CSX saw the biggest advance in two months, rising 1.75% as GTI shares posted a daily gain of 9%. PPAP shares edged up 0.76% to KHR5,300, while PAS...

22nd May 2018

Coporate News

NagaCorp issues bonds on HK bourse

NagaCorp, which operates the NagaWorld casino and hotel in Phnom Penh, has become the first Cambodian issue of offshore bonds, raising $300mn to endorse further...

17th May 2018