Yuanta Reports

Equity Report

3Q17 review: net profit declines 20% YoY as expenses increase

Water subscription continued to see stable increase in 3Q17 with 5,616 new clients subscribing during the period. Total number of subscriptions reached 327,388 at the end of September, up 5.8% compared to the end of last year...

22nd November 2017

Economy & Industry

Wing and NSSF sign new agreement

Wing, a local provider of mobile banking services, and the National Social Securities Fund (NSSF) have signed an agreement to give employers and employees access to cashless payments...

21st November 2017

Economy & Industry

NBC allows banks and MFIs to issue bond

The National Bank of Cambodia (NBC) announced that banks and microfinance institutions (MFIs) with total equity of approximately $15million or above can now issue corporate bonds or list equity securities on the Cambodian stock market, a move industry insiders claim will help reduce reliance on foreign borrowings...

20th November 2017

Coporate News

Nippon Express plans expansion in Cambodia

Nippon Express, a Japanese company specializing in truck, rail and air transport services, is now considering an expansion of its operations in Cambodia...

16th November 2017

Economy & Industry

Govt lowers withholding tax on interest on MFI loans

According the a new prakas signed by Finance Minister on October 27, the government has decided to lower withholding tax on interest on loans that microfinance institutions (MFIs) acquired from abroad from 14% to 10%, the move it claims will keep the sector sustainable...

15th November 2017

Economy & Industry

Japanese tourist arrivals increase 6.8% YoY in first nine months of 2017

Japanese tourist arrivals to Cambodia reached 146,000 during the first nine months of 2017, a 6.8% increase compared to the same period last year, according to figures from the Ministry of Tourism...

14th November 2017

Economy & Industry

Cambodia and China sign MOU on e-commerce

Cambodia and China signed a memorandum of understanding (MOU) last Friday, under which China will provide technical assistance to help boost the Kingdom’s e-commerce sector...

13th November 2017

Coporate News

Low-cost public condo project breaks ground

Arakawa Residence, a $70mn low-cost public condominium project, broke ground yesterday, becoming the third project of its kind built in cooperation with Ministry of Land Management, Urban Planning and Construction (MLMUPC)...

10th November 2017

Economy & Industry

Govt to drop export fee next year

The Cambodian government will drop its export management fee in 2018, incurring an annual loss of $20mn in revenue, in order to reduce the cost of doing business in Cambodia, according to the draft of the 2018 national budget...

08th November 2017

Economy & Industry

National cassava policy planed

Minister of Commerce Pan Sorasak has announced that the government will be spearheading a new National Cassava Policy aiming to address challenges in the industry and work towards ensuring a sustainable and resilient crop, strong value chains and greater regional market presence...

07th November 2017