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 ...
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
Press release: "Leading private equity fund manager in the region, EMIA, to invest in Amru Rice to bolster Cambodia’s status as a high-quality rice producer and exporter"
On 10 March 2023, Singapore-based private equity fund manager, Emerging Markets Investment Advisers, announced its first investment in Amru Rice, Cambodia’s largest certified organic rice producer and exporter, through its new fund, ASEAN Frontier Markets Fund (AFMF). ...
Amru Rice Cambodia Co., Ltd
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 ...
Port shares ‘likely to rise’ on market debut
Shares of Phnom Penh Autonomous Port (PPAP) will likely rise when they begin trading on the Cambodia Securities Exchange (CSX) next Wednesday, Han Kyung Tae, managing director of the Yuanta Securities (Cambodia), said yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/news/18263/port-shares----likely-to-rise----on-market-debut/
Positive growth has ports upbeat
Cambodia’s two international ports – the Phnom Penh Autonomous Port (PPAP) and Sihanoukville Autonomous Port (SAP) – yesterday reported increases in container traffic last year, with the latter looking to go public this year in a bid to fund an expansion plan. ...
Sor Chandara
http://www.phnompenhpost.com/business/positive-growth-has-ports-upbeat
Third tranche of port shares snapped up swiftly
The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ...
Sum Manet
http://www.khmertimeskh.com/news/18432/third-tranche-of-port-shares-snapped-up-swiftly/
Revenue surges 40 percent at water supplier
Revenue for the state-owed Phnom Penh Water Supply Authority (PPWSA) surged more than 40 percent last year from 2014, according to a preliminary report released last week. ...
May Kunmakara
http://www.khmertimeskh.com/news/20582/revenue-surges-40-percent-at-water-supplier/
Cargo at Phnom Penh Port Jumps 15.24 Percent
The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port has increased 15.24 percent through the first nine months of this year, compared to the same period last year, a port official said yesterday. Hei Bavy, general director of the Phnom Penh Autonomous Port, ...
Bank to join growing group from Taiwan
Taiwan-based Shanghai Commercial & Savings Bank Ltd plans to open a representative office in Cambodia, joining an increasing number of Taiwanese banks and garment industry investors in the Kingdom. Shanghai Commercial & Savings would enter a crowded sector, behind other Taiwanese-based financial intuitions [sic]. Hua ...
http://www.phnompenhpost.com/2013061366235/Business/bank-to-join-growing-group-from-taiwan.html
Grand Twins sets listing date
Taiwanese garment manufacturer Grand Twins International says it will officially list and start trading on the Cambodia Stock Exchange (CSX) on May 8 after spending several weeks whipping up interest from local investors, whose appetite remains on the low side so far. Stanley Shen, a spokesman ...
Eddie Morton
http://www.phnompenhpost.com/business/grand-twins-sets-listing-date
Slow start for GTI as public firm
Grand Twins International (GTI) ended trading yesterday with a slight decline. The newly listed company was changing hands at 9,480 riel ($2.36) per share at the 1pm close, down from 9,640 riel ($2.40) at the morning’s opening. ...
Eddie Morton
http://www.phnompenhpost.com/business/slow-start-gti-public-firm
Grand Twins’ listing date official, but late
The Cambodian Stock Exchange (CSX) has approved Grand Twins International’s (GTI) final submission of IPO documents and issued an official listing date of June 16. “Cambodia Securities Exchange has a great honor to inform the public that Grand Twins International (Cambodia) Plc is approved to be ...
Eddie Morton
http://www.phnompenhpost.com/business/grand-twins%E2%80%99-listing-date-official-late
Real estate firm ready for CSX listing
Bonna Realty Group will prepare to list on the Cambodia Securities Exchange, the company’s president said this week. The real estate firm joins a small but growing group of private companies that say they are gearing up for initial public offerings on the new exchange. ...
http://www.phnompenhpost.com/index.php/2012070657246/Business/real-estate-ready-for-csx.html
Korea opens market to Cambodian mangoes
Mango growers now have access to the South Korean market following an agreement signed on Friday between officials from Korea and the Ministry of Agriculture, Forestry and Fisheries. ...
Sum Mane
http://www.khmertimeskh.com/news/24424/korea-opens-market-to-cambodian-mangoes/