Requirements for the public offering of equity securities in Cambodia
Generally, funds can be obtained from banks and other financial institutions, fund management companies, family members, friends or a securities market by issuing equity and/or debt securities. This article will outline the requirements, mechanisms, procedures and approval for the public offering of equity securities. ...
CSX sets ambitious targets for 2023 as GDP picks up
A mix of equity and bond listings are expected to double Cambodia Securities Exchange (CSX)’s total new securities to 14 in 2023, the CSX said on Wednesday. ...
Kiripost staff writers
https://kiripost.com/stories/cambodia-csx-sets-ambitious-targets-for-2023-as-gdp-picks-up
UN agency signs deal to help develop securities sector
The Cambodian securities sector sees tailwinds after the regulator, the bourse and the UN’s capital investment agency for the least developed countries entered into a partnership on development through technical assistance. ...
Hin Pisei
https://www.phnompenhpost.com/business/un-agency-signs-deal-help-develop-securities-sector
SERC, CSX launch online trading account opening
Securities and Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX) signed an agreement yesterday introducing the API (Application programming interface) linkage for registering investor ID online and opening trading accounts online. ...
Chea Vanyuth
https://www.khmertimeskh.com/501381930/serc-csx-launch-online-trading-account-opening/
PAS profits jump 45 percent in one year
The Sihanoukville Autonomous Port (PAS), the only international deep-sea port of Cambodia, yesterday, reported a net profit of KHR 121.96 billion for last year, a surge of KHR 37.81 billion or 44.93 percent compared to 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501466079/pas-profits-jump-45-percent-in-one-year/
RGPPSEZ reports strong growth in revenues for 2023
The Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) recorded a total revenue of almost $64 million throughout the 2023 year, marking an increase of 137 percent compared to 2022 annual revenues, says the Cambodia Securities Exchange (CSX). ...
James Whitehead
https://www.khmertimeskh.com/501474093/rgppsez-reports-strong-growth-in-revenues-for-2023/
Brown rice standards are being promoted
Cambodian officials have begun to raise awareness on the forthcoming government issued standards for Cambodian milled brown rice, in an effort to guage reactions ahead of the official approval by the National Standards Board, according to officials. The official approval, aimed at promoting brown rice in ...
Cambodia's Developers Again Aim at Stars
PHNOM PENH — Cambodia’s low-rise capital city is reaching for the sky—again. Long known as one of the last major Asian cities without a skyline, Phnom Penh embarked on a high-rise building boom in the middle of the last decade, only to see it derailed ...
http://online.wsj.com/article/SB10001424052970203315804577207352952177994.html?mod=googlenews_wsj
CSX part of a larger capital market system
The Cambodia Securities Exchange (CSX) is an important component of a larger ecosystem of capital markets, according to Eugene Lam, CEO of OSK Indochina Securities Ltd, one of Cambodia’s securities underwriters approved by the Securities and Exchange Commission of Cambodia (SECC). Lam says one of ...
PPSEZ IPO fully subscribed
After an unexpected surge in Thai investor interest, Phnom Penh SEZ Plc has secured sufficient commitments to fully cover the strategic and bookbuild share allocations of its initial public offering (IPO), and has determined an issue price for shares to be listed on the Cambodian ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-ipo-fully-subscribed
Interested, but not yet committed
From the finance to the education sector, the interest from companies looking to list on Cambodia’s nascent stock exchange is on the rise, a CSX official said yesterday, after a meeting with some of the Kingdom’s largest firms. Some 30 companies, the CSX say, are eyeing ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/interested-not-yet-committed
CSX gets help from Thailand
Cambodia Securities Exchange (CSX) will partner with the Stock Exchange of Thailand (SET) to bolster technical knowledge and potential investment into Cambodia’s nascent stock market. An agreement between the two financial institutions was signed in Phnom Penh yesterday at the CSX office, a deal that will ...
Hor Kimsay
http://www.phnompenhpost.com/business/csx-gets-help-thailand
Japanese Bank to Sign Agreement With Acleda
One of the largest banks in Japan, Sumimoto Mitsui Banking Co., will sign an agreement with Acleda Bank Friday to share market data and banking services, Acleda announced yesterday. The deal would allow Sumimoto Mitsui, which currently only has a representative branch in Cambodia, to access ...
Garment industry stokes Cambodia’s political growth
Under dazzling white strip-lights, a production line of young Cambodians stitch, iron and fold their way to the day’s target of 820 two-piece children’s pajamas. These garments are destined for the shelves of Los Angeles, shop price $9.97. The workers, mostly women, start at 7:30 ...
Slow is good: The real estate market’s slower current growth is better in the long run, experts say
While the Cambodian real estate market has still not fully recovered from its steep decline during the 2008-2009 economic crisis, its slower but steady growth is more sustainable than the rapid ascent seen in the years leading up to the fall, experts say. although growth ...
Exports up despite EU crisis
While sovereign debt crises in Europe and a lagging US economy have yet to curtail cheap Cambodian exports, industry watchers said domestic producers should diversify their target markets to avoid a future slow down. Exports saw a more than 40 per cent increase year-on-year between January ...
http://www.phnompenhpost.com/index.php/2011102052246/Business/exports-up-despite-eu-crisis.html
Residents concerned over low land price
At least 22 families living in the capital’s Chamkarmon district say they are being forced to sell their land at below market value to Thailand’s Bun Roong Company in order to make way for a housing development. Village representative Chhim Veasna said on Wednesday that the ...
Myanmar’s economic promise no threat to investment here: experts
Myanmar’s moves toward economic and political reform would not subtract from Cambodia’s regular stream of foreign investment, experts and insiders said – at least not in the short run. Word of an investor-friendly Myanmar has spread quickly with the US’s partial waiver on trade sanctions in ...
China stalls Cambodia’s first rice exports at border
Cambodia had made its first direct shipment of rice to China, an official revealed yesterday, but the test run, which was hoped to open the vast Chinese rice market to local exporters, was largely unsuccessful. Golden Rice Co Ltd shipped 48 tonnes of milled rice to ...
Officials discuss future Kep developments
Tourism Ministry officials held a meeting yesterday to discuss a project to develop a tourist port in Kampot province and a planned drainage system for Kep’s Crab Market – two tourism infrastructure projects backed by the Asian Development Bank (ADB). ...
Post Staff
http://www.phnompenhpost.com/business/officials-discuss-future-kep-developments