Market Update

CSX index advances 0.72% as PPSP shares rise to record high

Today, the CSX index advanced 0.72% from the previous close to 338.4 pts. PPSP shares saw the biggest daily gain ever, rising 9.75% to a record high of KHR3,040. Meanwhile, PPWSA shares dropped 2.12% to...

09th February 2018

Economy & Industry

Condo prices may fall as supply increases: CBRE

According to a new report by real estate services firm CBRE, condominium prices may likely fall this year as more than a dozen large projects come online, adding thousands of new units to a market beginning to show sign of...

08th February 2018

Economy & Industry

Thai Life Insurance looking to enter Cambodian market

Thai Life Insurance Plc, Thailand’s third largest life insurer, is studying the possibility of entering the Cambodian market, according to the Bangkok Post...

06th February 2018

Coporate News

Circle K opens its first outlet in Cambodia

US convenience store chain Circle K officially opened its first store in Cambodia yesterday amid rising competition in the food mart sector. Opened in Phnom Penh’s Toul Kork district, the store will soon be followed by two more outlets...

02nd February 2018

Coporate News

Omni Navitas plans massive solar farm in Cambodia

US-based solar energy developer Omni Navitas announced a plan to set up a $500mn, 150-MW solar energy farm in Cambodia, making it the largest in Southeast Asia by capacity...

01st February 2018

Market Update

CSX index falls 1.17%

Today, the CSX index fell 1.17% from the previous close to 327.9 pts. GTI shares dropped more than 9% for a second day straight, closing at KHR3,860...

30th January 2018

Economy & Industry

Hyundai’s fruit-processing factory breaks ground

South Korea’s Hyundai Corporation Group broke ground on its $10mn factory in Kampong Speu province yesterday, in the hopes that it would enable Cambodian fruits to be shipped abroad without first being sent to Vietnam...

29th January 2018

Economy & Industry

Cambodia will still benefit from EBA

Cambodia will continue to benefit from the European Union’s Everything-but-arms (EBA) principle, according to a recent report submitted by the European Commission to the European Parliament and the European Council on...

26th January 2018

Coporate News

Amru Rice and SNV partnership hits its initial targets

The collaboration between Amru Rice and development organization SNV has borne fruit, with more than 2,000 tonnes of rice purchased from smallholder farmers stored in warehouses...

25th January 2018

Economy & Industry

Cambodia’s palm oil sector likely affected by EU

Cambodia’s nascent palm oil sector could be affected by the new proposed rules from European Union restricting the import of palm oil, but the country’s exporters is hoping that demand from Asian countries will cushion the blow...

24th January 2018