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
Securities exchange (stock market)
Starting from 2001, work began on promoting the formation of a Cambodian Stock Exchange (CSE or CSX) as a means of supporting the economic system in Cambodia’s development. A stock exchange facilitates the buying and selling of stocks among investors. Dr. Bit Seanglim, Chairman of ...
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
Profit down in first nine months of year: PPAP
Phnom Penh Autonomous Port (PPAP), a listed state-owned river quay, reported a decline in revenue for the first nine months of 2023, a decrease attributed to unfavorable global economic conditions, largely exacerbated by the prolonged Russia-Ukraine conflict, which has adversely impacted global demand. ...
May Kunmakara
https://www.phnompenhpost.com/business/profit-down-first-nine-months-year-ppap-2
Binance to assist Cambodia in developing digital asset regulations
Crypto exchange Binance has signed a memorandum of understanding with the Securities and Exchange Regulator of Cambodia (SERC), according to a June 30 announcement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501104974/binance-to-assist-cambodia-in-developing-digital-asset-regulations/
Royal Railway issues $10M bond on CSX
Train operator Royal Railway Plc, a subsidiary of local conglomerate Royal Group of Companies Ltd, on October 31 became the eighth firm to list a corporate bond on the Cambodia Securities Exchange (CSX) to raise 41 billion riel, or about $10 million, to expand their ...
May Kunmakara
https://www.phnompenhpost.com/business/royal-railway-issues-10m-bond-csx
MoU Signing ceremony on technical assistance for promoting the development of the securities sector in Cambodia
On 18 August 2022, the Cambodia Securities Exchange (CSX) announced a press released on the Memorandum of Understanding (MoU) signing ceremony between United Nations Capital Development Fund (UNCDF) and Securities Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX).The MoU on “Technical Assistance for ...
Cambodia Securities Exchange
Two Cambodians convicted following Thailand market melee
Officials are attempting to secure the release of two Cambodian men who were sentenced to three months in a Thai prison on Thursday after being summarily convicted of attacking government inspectors at a market in Sa Kaeo province the day before, according to the Ministry ...
Khuon Narim
https://www.cambodiadaily.com/news/two-cambodians-convicted-following-thailand-market-melee-107655/
Land prices drop in capital districts
Land prices in the capital’s Sen Sok and Tuol Kork districts saw a slight decrease in the second quarter relative to the year’s first quarter, which was blamed on a stagnant property market from earlier this year. ...
Sum Manet
http://www.khmertimeskh.com/news/28974/land-prices-drop-in-capital-districts/
Millers push for China access
Amid concerns that the European Union could reject shipments of Cambodian rice, exporters are pushing for more access to China as an alternative market for the Kingdom’s principal agricultural commodity. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/millers-push-china-access
Residents left in dark again
Residents in the vicinity of Kab Ko market in Phnom Penh’s Chamkarmon district found themselves fumbling in the dark yet again yesterday on the second consecutive day of hours-long power outages. According to locals, electricity to the street failed around noon on Wednesday and was restored ...
Sen David and Stuart White
http://www.phnompenhpost.com/national/residents-left-dark-again
Tax hike cuts slaughterers’ profit
Almost 50 livestock slaughterers in Preah Vihear town yesterday protested a rise in taxes and fees they must to pay on their products. Pin Raksmey, chief of the committee at Kampong Pranak market, said that the problem was out of his hands. ...
Sen David
http://www.phnompenhpost.com/national/tax-hike-cuts-slaughterers%E2%80%99-profit
Police to investigate market fire
The Phnom Penh police’s fire brigade is creating a new committee to determine the cause of a blaze at O’Russei market on Sunday night, an official said. The fire, he said, was extinguished within an hour and led to what vendors are saying equates to ...
Mom Kunthear
http://www.phnompenhpost.com/police-investigate-market-fire
Khmer Enterprise launches second cohort of EMDG to provide further benefits to SMEs
Khmer Enterprise, a unit under the Ministry of Economy and Finance, has recently launched the second cohort of its Export Market Development Grant (EMDG) programme to provide further benefit to the small and medium sized enterprises. ...
Khmer Times Staff
https://www.khmertimeskh.com/501137817/khmer-enterprise-launches-second-cohort-of-emdg-to-provide-further-benefits-to-smes/
ARDB: Establish firm market prices for rice
In a bid to uplift the livelihood of farmers and propel the government’s ambitious export plan, Kao Thach, director-general of the Agricultural and Rural Development Bank (ARDB), has called on rice mills and milled rice export companies to purchase rice from farmers at market price. ...
Van Socheata
https://www.phnompenhpost.com/business/ardb-establish-firm-market-prices-rice
Cambodia forges ties with Antigua and Barbuda for mutual prosperity
In a diplomatic development on November 24, Antigua and Barbuda and Cambodia have embarked on a collaborative journey aimed at benefiting their respective populations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501400752/cambodia-forges-ties-with-antigua-and-barbuda-for-mutual-prosperity/
Gaming firm to expand Poipet operations
American Stock Exchange-listed Entertainment Gaming Asia Inc has announced it will build and operate a slot hall as an addition to an existing casino in Poipet city on Cambodia’s border with Thailand, according to a company statement. ...
PPSEZ to make final preparations for IPO
The Phnom Penh Special Economic Zone (PPSEZ) was given clearance on Wednesday to begin final preparations for listing on the country’s stock exchange, according to a statement released by the Securities and Exchange Commission of Cambodia (SECC). ...
Kang Sothear
https://www.cambodiadaily.com/news/ppsez-to-make-final-preparations-for-ipo-110499/