Yuanta

Economy & Industry

Total issuance of NCDs triples in 2016

According to the 2016 annual report of the National Bank of Cambodia (NBC), total issuance of negotiable certificates of deposits (NCDs) tripled last year, with $11bn in USD-denominated certificates and KHR12tn ($3bn) in KHR-denominated certificates placed on the market over the course of the year...

06th February 2017

Market Update

CSX index inches down 0.96%

Today, the CSX index fell 0.96% from the previous close to 360.8 pts, as GTI shares dropped 4.82%. While PPWSA shares edged up 0.49%, PPAP and PPSP shares were unchanged. This morning just 2 shares changed hands...

03rd February 2017

Economy & Industry

Study shows fintech could increase GDP by about 6%

% Adopting digital financial services, or fintech, could increase the Kingdom’s GDP by about 6%, according to Accelerating Financial Inclusion in Southeast Asia with Digital Finance, a report commissioned by the Asian Development Bank (ADB)...

02nd February 2017

Economy & Industry

EDC expects electricity imports to fall in 2017

As domestic power production increases thanks to investments in hydropower resources, Cambodia’s electricity imports from neighboring countries are expected to fall this year, according to the annual report released on Monday by Electricite du Cambodge (EDC)...

01st February 2017

Economy & Industry

Outbound tourists increase during Lunar New Year

The number of Cambodians travelling overseas increased significantly during the three-day Chinese festival this year compared to the same period last year, said tourism industry insiders, attributing the rising trend to better living conditions as a result of strong economic growth...

30th January 2017

Coporate News

TRC summons Cellcard for questioning

Telecommunication Regulator of Cambodia (TRC) summoned Cellcard operator CamGSM in for questioning over concerns that the company was engaged in predatory pricing. This comes just days after Cellcard unveiled its Osja Xchange plan...

27th January 2017

Market Update

CSX index rises for third day straight

Today, the CSX index rose for a third day straight, up 1.09% from the previous close to 367.6 pts, driven by gain for PPWSA, GTI, and PPSP. This morning, 81,730 shares changed hands...

27th January 2017

Economy & Industry

Cambodia aims to increase veggie production

The government has designated eight provinces to start boosting vegetable production this year in a move to curb flow of imports from neighboring countries, mainly Vietnam. According to Vongsey Vissoth, secretary of state for the Ministry of Economy and Finance...

26th January 2017

Economy & Industry

Analysts say US withdrawal from TPP saves Cambodia

US President Donald Trump’s executive order pulling the US out of the Trans-Pacific Partnership (TPP) will save Cambodia from losing competitiveness in the garment industry, analysts said yesterday...

25th January 2017

Economy & Industry

MEF says service sector may slowdown in 2017

Modest growth in tourism and a slowdown in the logistics and real estate sectors could cumulatively have a knock-on effect that threatens the overall growth of the country’s service sector in 2017, a report from the Ministry of Economy and Finance (MEF) said yesterday...

24th January 2017