Pursat to reap fruits of labour
It takes three hours by car to get to the quiet province of Pursat from Phnom Penh, winding westwards along approximately 200 kilometres on National Road 5. Recently, though, the sleepy town has been stirring under some ongoing developments in the form of a combined ...
Vandy Muong
http://www.phnompenhpost.com/post-property/pursat-reap-fruits-labour
Aeon anniversary highlights shifting market for local malls
AEON Mall, the first large-scale modern shopping mall in Cambodia, recently celebrated its third year of operation in the Kingdom, but with several new high-end malls slated to open over the next few years, analysts expect more competition and sweeping changes in the country’s retail ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/aeon-anniversary-highlights-shifting-market-local-malls
Smart eyes 41.5% stake sale for expansion
Malaysian telecom giant Axiata Group will consider divesting a portion of its stake in Cambodian mobile operator Smart Mobile in a bid to free up capital to “pursue opportunities”, including infrastructure expansion and future acquisitions, a company executive said yesterday. ...
Kali Kotoski and Cam McGrath
http://www.phnompenhpost.com/business/smart-eyes-415-stake-sale-expansion
Platform to unify online trading for CSX
A central online trading platform expected to launch by the end of the year will allow investors to trade securities listed on the local stock market using a desktop computer or smartphone. ...
Brian Ng
http://www.phnompenhpost.com/business/platform-unify-online-trading-csx
Sihanoukville port rides wave of increasing container traffic
Sihanoukville Autonomous Port (PAS), which operates the Kingdom’s only deepsea port, reported a modest increase in container traffic during the first six months of the year, compared to a year earlier, a trend its director said should result in higher profits for the listed company. ...
Hor Kimsay
http://www.phnompenhpost.com/business/sihanoukville-port-rides-wave-increasing-container-traffic
Bonds starting to take shape
The Cambodian government is finalising legislation that would regulate the establishment of a corporate bond market, and plans to find a suitable private sector company to pilot the first issuance, officials said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/bonds-starting-take-shape
More container traffic buoys port’s profits
Phnom Penh Autonomous Port attributed its growth in profits last year to a rise in container traffic and shipments through the capital’s river port, as well as increased profits from leasing equipment and returns on interest, it said in a filing to the Cambodia Securities ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/more-container-traffic-buoys-ports-profits
Profits sink in Q1 for capital industrial park
Listed industrial park operator Phnom Penh SEZ reported revenue of $1.46 million for the first quarter of 2017, a decline of $1.72 million, or nearly 54 percent, compared with the same period last year, according to a filing yesterday on the Cambodia Securities Exchange. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/profits-sink-q1-capital-industrial-park
Flexibility measures weighed for CSX
Cambodia’s capital market regulator will meet soon to discuss a proposal to permit market orders for trading stocks on the Kingdom’s bourse, a move that would give investors more flexibility when buying or selling shares, officials have said. ...
Brian Ng
http://www.phnompenhpost.com/business/flexibility-measures-weighed-csx
PPAP profit nears $9M in first nine months of 2019
Cambodia Securities Exchange- (CSX-) listed Phnom Penh Autonomous Port (PPAP) reported $8.97 million in net profit during the first nine months of this year – up 46.9 per cent from $5.98 million during the same period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/ppap-profit-nears-9m-first-nine-months-2019
CSX trade volume plummets 92 per cent in third quarter
Trade volume at the nascent Cambodia Securities Exchange (CSX) in the third quarter of this year was down 92.1 per cent on the second, the Securities Exchange Commission of Cambodia (SECC) Securities Trading Statistical Bulletin said on Tuesday. ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-trade-volume-plummets-92-cent-third-quarter
Rough start for CSX’s second listing
Grand Twins International launched its IPO one year ago to much fanfare, but a dwindling stock price has failed to generate much confidence in Cambodia’s fledgling bourse Despite the initial fanfare at the Cambodia Securities Exchange over the listing of Grand Twins International 12 months ago, ...
Ananth Baliga
http://www.phnompenhpost.com/post-weekend/rough-start-csxs-second-listing
Rules passed for derivatives
Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month.On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. ...
May Kunmakara
http://www.phnompenhpost.com/business/rules-passed-derivatives
Efficiency on factory floor boosts GTI profit
Cambodia’s second listed company Grand Twins International (GTI) posted an increase in profits for the quarter ending June 30, as the company, despite losing revenue, was able to reduce the costs and improve worker productivity. ...
Ananth Baliga
http://www.phnompenhpost.com/business/efficiency-factory-floor-boosts-gti-profit
Regulator touts achievements of local stock market
The Cambodia Securities Exchange (CSX) continues to go from strength to strength, with the average trading value growing nearly five-fold from 2018 to 2019 to surpass $157,000, the latest report from the market regulator shows. ...
May Kunmakara
https://www.phnompenhpost.com/business/regulator-touts-achievements-local-stock-market
CSX index up 7.25 per cent, $1.25 million in shares traded
Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO). At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-index-725-cent-125-million-shares-traded
Future bourse potential touted
The lacklustre performance of Cambodia’s stock exchange, which has attracted only four companies since it launched in 2011 and whose stocks see days without a single trade, is expected to turn a corner soon, capital markets experts said during a panel discussion yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/future-bourse-potential-touted
CSX developing app for securities trading
A new online trading platform is being developed to spur interest in Cambodia’s sleepy stock market by allowing traders to access the exchange remotely via software compatible with smartphones, a bourse spokesman said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/csx-developing-app-securities-trading
Port operator, Pestech book decent business performance
Two locally-listed firms on October 8 reported recoveries in business performance this year thanks to improvements across regional and global economies as they emerge from the Covid-19 health crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/port-operator-pestech-book-decent-business-performance
DBD becomes Growth Board’s first listing
DBD Engineering Plc, a local multi-purpose engineering and construction firm, went public via initial public offering (IPO) on the Cambodia Securities Exchange’s (CSX) Growth Board on September 6. ...
Thou Vireak
https://www.phnompenhpost.com/business/dbd-becomes-growth-boards-first-listing