Yuanta

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

Coporate News

Chip Mong Group acquires Grand Phnom Penh

Chip Mong Land, a subsidiary of Chip Mong Group Co Ltd, has acquired Grand Phnom Penh International City Co Ltd (GPPIC), the developer of the Grand Phnom Penh International City project, at an undisclosed price...

18th October 2019

Coporate News

Cargo traffic at PAS up 18% YoY

Cargo traffic at Sihanoukville Autonomous Port (PAS) rose 18% YoY during the first nine months of 2019, according to the company CEO Lou Kim Chhun. President of the Cambodia Freight Forwarders Association (CAMFFA) Sin Chanthy said that...

17th October 2019

Economy & Industry

CDC approves 222 projects in first eight months of 2019

The Council for the Development of Cambodia (CDC) approved 222 projects worth more than $6bn during the first eight months of 2019, 81 projects or $1.88bn more compared to the same period last year...

14th October 2019

Industry Report

Industry Report 2019: Securities Sector in Lao PDR

The Lao stock market has been growing faster—in terms of listed companies, total market capitalization, and trading activities—than its Cambodian counterpart although the bourse began trading just one year earlier...

14th October 2019

Coporate News

NagaWorld’s gross gaming revenue reaches $1.29bn in first nine months

NagaWorld earned nearly $1.29bn in gross gaming revenue in the first nine months of 2019, up 20% YoY, according to GGRAsia citing a report filed at the Hong Kong Stock Exchange...

10th October 2019

Economy & Industry

Moody’s maintains Cambodia’s credit rating at B2 with outlook stable

Moody’s Investors Service Inc maintained Cambodia’s B2 long-term issuer rating with stable outlook on the back of robust GDP growth, modest and highly affordable government debt, and low external vulnerabilities...

09th October 2019

Equity Report

PPWSA's 1H19 review: net profit falls on forex loss & rising income tax expense

The total number of water subscriptions rose solidly by 3.6% over the first half of 2019, reaching 380,270 at the end of June. Subscription by households saw the biggest increase, rising 12,143 to 313,977, while commercial and industrial clients was up 1,015 to 59,804. Other type of subscriptions—including public institutions & autonomous state authorities, ...

30th August 2019

Equity Report

PPAP's 1H19 review: Net profit more than doubles as container throughputs reach record high

In 2Q19, container throughputs came to 60,875 TEUs, the largest throughputs PPAP has ever handled during a second quarter. The 24.5% YoY growth was mainly driven by 45% YoY jump in imports of construction materials, 22% YoY increase in exports of garment & textile products and 30% YoY surge in rice exports...

30th August 2019