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Economic zone may go public

The Phnom Penh Special Economic Zone (PPSEZ) plans to raise money to fund an expansion through an initial public offering, a senior official from the Securities and Exchange Commission of Cambodia (SECC) said yesterday. If successful, PPSEZ could become one of the few companies to list on ...

May Kunmakara
http://www.phnompenhpost.com/business/economic-zone-may-go-public

Grand Twins may price Cambodia IPO below mid-point of indicative range

Tepid interest in a Taiwanese-owned garment manufacturer’s planned initial public offering in Cambodia means that the deal could be priced below the midpoint of an indicative range, a person with direct knowledge of the offering said Thursday. Grand Twins International (Cambodia) PLC had planned to sell ...

Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304688104579464942778171168?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304688104579464942778171168.html

Cambodia's second stock listing delayed

A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according ...

Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304626304579509390823129458

Cambodia's only listed company predicts 12 pct rise in profit this year

Phnom Penh Water Supply Authority (PPWSA), the single listed company on the Cambodia Security Exchange (CSX), expected a 12 percent surge in profit in 2014, a senior official said Thursday. ...

ASEAN - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/25/c_133290108.htm

PPWSA profit for Q1 down 60 pct over previous year

Phnom Penh Water Supply Authority (PPWSA) – the first listed company on the Cambodian stock exchange – has recorded a profit of $1.33 million for the first quarter, a decrease of 60 per cent from the same period last year, according to audited financial statements ...

Hor Kimsay
http://www.phnompenhpost.com/business/ppwsa-profit-q1-down-60-pct-over-previous-year

Cambodia bourse to get second IPO in April

Taiwanese garment factory Grand Twins International will be the second company to go public on Cambodia’s fledgling stock exchange, the Securities and Exchange Commission of Cambodia (SECC) confirmed yesterday. ...

Daniel de Carteret
http://www.phnompenhpost.com/business/cambodia-bourse-get-second-ipo-april

SECC targets investor scams

The Securities and Exchange Commission of Cambodia (SECC) is investigating a rise in fraudulent get-rich-quick schemes that prey on Cambodian investors, the market watchdog said yesterday. Unlicensed investment schemes operating inside Cambodia will go under the SECC’s microscope, while multilevel marketing firms that appeal to vulnerable ...

Kimsay Hor and Daniel de Carteret
http://www.phnompenhpost.com/business/secc-targets-investor-scams

Sonatra takes one-year hiatus

Local stock brokerage company Sonatra Securities has announced it will completely dilute its books and put a halt on all business activities from October 1. In a press release posted on Sonatra’s website last week, the firm stated without an explanation that it was suspending all ...

Hor Kimsay
http://phnompenhpost.com/business/sonatra-takes-one-year-hiatus

$1M Damage as Blaze Guts Siem Reap Market

A fire sparked by an electrical fault ripped through the Doeum Kralanh market in Siem Reap City early Friday morning destroying 200 stalls and causing more than $1 million in damage, according to market traders and police officials. The 8,000-square-meter market in Kokchak commune housed a ...

http://www.cambodiadaily.com/news/1m-damage-as-blaze-guts-siem-reap-market-33787/

Asia Rice- Thai Exporters Seek Vietnamese, Cambodian Rice To Meet Deals

Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...

Tourism board mulling fresh tourism strategy

Cambodia Tourism Marketing and Promotion Board, a joint institution between the government and the private sector, is studying a new strategy to attract more foreign visitors to the Kingdom, Minister of Tourism Thong Khon said. ...

Hin Pisei
https://www.phnompenhpost.com/business/tourism-board-mulling-fresh-tourism-strategy

Cassava export prices down sharply

The price per kilogram of cassava exports from Cambodia has fallen this year due to plunging market prices and a lack of processing centers in the country. The price of dried cassava in northeastern Rattanakiri province is down to 410 riel (about $0.10) per kilogram and ...

Chea Vannak
http://www.khmertimeskh.com/news/35213/cassava-export-prices-down-sharply/

Insurance becomes next emerging market

Cambodians are starting to learn about insurance, thanks to Canadian company Manulife, which held a press conference on the topic on Friday. Low awareness and a limited pool of skilled talent are challenges facing insurers in Cambodia according Prudential representative Pankaj Banerjee. Despite this, he said Prudential ...

http://www.phnompenhpost.com/index.php/2012100959185/Business/insurance-to-be-cambodias-next-emerging-market.html

Siem Reap vendors protest against removal order

A group of vendors who have been told to vacate their positions outside Siem Reap’s Angkor Kyung Yu Night Market on Monday got into a shoving match with city officials and police who were attempting to inspect the area prior to the deadline for their ...

Ben Sokhean
https://www.cambodiadaily.com/news/siem-reap-vendors-protest-against-removal-order-74278/

Exploring Cambodia’s energy market, challenges and opportunities

Cambodia’s energy market, like many emerging economies, is a fascinating blend of challenges and opportunities. The country’s rapid economic growth over the past decade has significantly increased its energy demand, necessitating a comprehensive analysis of its energy market dynamics. ...

Khmer Times Staff
https://www.khmertimeskh.com/501336310/exploring-cambodias-energy-market-challenges-and-opportunities/

Commerce ministry, PTT gas stations collaborate on project

The General Department of Trade Promotion at the Ministry of Commerce has cooperated with PTT Cambodia Ltd on a project to boost Khmer product sales at PTT gas stations in the capital and 15 provinces after the project was successfully implemented in 2022. ...

Yuth Vireak
https://www.phnompenhpost.com/business/commerce-ministry-ptt-gas-stations-collaborate-project

Cambodia launches tourism marketing, promotion board

According to a Ministry of Tourism statement on Sunday, Cambodia has launched a tourism marketing and promotion board, aiming to promote the tourism sector to international markets. ...

Khmer Times Staff
https://www.khmertimeskh.com/501515189/cambodia-launches-tourism-marketing-promotion-board/

Prices rise during mourning

Flower prices soared considerably due to the official mourning period of Cambodia’s former king, Norodom Sihanouk, according to vendors. Crowds of people set upon flower shops at different markets in Phnom Penh, where tens of thousands of mourners participated in paying their respects to the former ...

http://www.phnompenhpost.com/index.php/2012101859296/Business/prices-rise-during-mourning.html

Vietnamese equity fund to open in Cambodia

Dragon Capital, a Vietnam-based private equity firm, has announced that it is planning to launch a fund in Cambodia next year, the second such fund to be announced by a Vietnamese company this year. The firm’s CEO, Dominic Scriven, said that the initial fund would close ...

New securities dealer launches in Kingdom

Golden Fortune Securities, a Cambodian-Chinese joint venture and the Kingdom’s second securities dealer, officially opened its doors yesterday. The company was the most recent of Cambodia’s 13 licensed dealers, brokers and underwriters to launch operations. A date for company listings, or actual Cambodia Securities Exchange operations, was ...

http://www.phnompenhpost.com/index.php/2011122353575/Business/new-securities-dealer-launches-in-kingdom.html

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