Yuanta

Economy & Industry

$10.2M gov't bond listed on CSX sans regulator's approval

The Ministry of Economy and Finance (MEF) recently listed a government bond equivalent worth about $10.2 million on Cambodia Securities Exchange (CSX) without the requirement for getting approval from the Securities and exchange......

28th September 2022

Economy & Industry

Holiday buzz: More than 140,000 tourists visited Siem Reap during Pchum Ben

Cambodians and foreigners traveled en masse to Siem Reap during the Pchum Ben festival and the Ministry of Tourism reported more than 140,000 tourists visited the Kingdom's cultural hub. According to the report of the Siem Reap Provincial Department of Tourism...

27th September 2022

Coporate News

Canadia Bank sponsors Global SME Finance Forum 2022 hosted for first time in Cambodia

Canadia Bank, one of Cambodia's oldest and leading commercial banks, sponsors the Global SME Finance Forum 2022, which takes place from 19th to 21st September in Phnom Penh. Cambodia hosts this global forum for the first time. The 9th Global SME...

21st September 2022

Economy & Industry

ASEAN start-ups with $1mn plus funding triple in six years

The number of start-ups in ASEAN that have raised more than $1mn in funding almost tripled between 2015 and 2021, from 652 to 1,920, registering a faster growth than India, the US and Europe, said the ASEAN Investment Report 2022, released recently...

20th September 2022

Coporate News

Wing Bank offering 8% interest for term deposits

Wing Bank (Cambodia) Plc announced that it has increased its interest rate for term deposits up to 8% p.a. and savings accounts to up to 3% p.a., bringing even greater benefits to its customers. Existing customers who maintain a minimum balance of 400,000 Khmer riel, or US$100, will qualify for the savings account's new interest rate of 3% per annum. The interest will be accrued on daily basis based on customers’ available balance, and it will be credited into their savings account...

16th September 2022

Economy & Industry

Cambodia's export value surges 26% YoY in January-August

Cambodia exported $15,641mn worth of goods in the January-August period of this year, up by 26.3% compared to the same period last year, the General Department of Customs and Excise report said on Monday...

13th September 2022

Coporate News

Canadia Bank wins Best Domestic Bank and Best SME Bank in Cambodia

Canadia Bank, Cambodia's leading commercial bank, was awarded "Best Domestic Bank in Cambodia" and "Best SME Bank in Cambodia" by International Finance Awards 2022. Canadia Bank is the first and....

12th September 2022

Coporate News

CDC okays Toyota's $36.7mn assembly plant in PP

Toyota Tsusho Manufacturing (Cambodia) Co Ltd will build an assembly plant worth $36.7mn in Phnom Penh, a statement released by Council for the Development of Cambodia (CDC) said. Cambodian Special Economic Zone Board....

09th September 2022

Coporate News

ADB launches new project to improve skills, competitiveness of Cambodia's Labor Force

ADB has been researching and developing a new project called "Skills for Future Economy" with the main purpose of improving the industry in Cambodia. Ith Samheng, Minister of Labor and Vocational Training, met with Jyotsana Varma, Country Director of the Asian Development Bank....

08th September 2022

Coporate News

Pi Pay Partners With OxPay To Explore International Payments Alli

OxPay Financial Limited is pleased to announce that its wholly-owned subsidiary, OxPay SG Pte. Ltd., has entered into a memorandum of understanding with Pi Pay, a payments solutions platform headquartered in Cambodia, to explore an international payments....

07th September 2022