Economy and commerce
Securities exchange (stock market)
Capital market grows in face of Coronavirus
While some sectors in the country have been hit by the COVID-19 pandemic this year, the capital market in contrast saw growth in terms of listing companies and investors, said Sou Socheat, director-general of the Securities and Exchange Commission of Cambodia (SECC). ...
Sok Chan
https://www.khmertimeskh.com/50763658/capital-market-grows-in-face-of-coronavirus/
Power infrastructure company lists locally
PESTECH (Cambodia) Plc, a subsidiary of Malaysia-based power infrastructure specialist PESTECH International Bhd, yesterday officially listed on the local bourse, becoming the 13th listed company in the Cambodia Securities and Exchange (CSX). ...
Sok Chan
https://www.khmertimeskh.com/50754609/power-infrastructure-company-lists-locally/
PESTECH approved for Cambodia stock market
PESTECH (Cambodia) Plc, a subsidiary of Malaysia-based PESTECH International Bhd, has been granted an approval to proceed with its Initial Public Offering (IPO) on the Cambodia Securities Exchange (CSX), the company announced. ...
Sorn Sarath
https://www.khmertimeskh.com/50747627/pestech-approved-for-cambodia-stock-market/
Water company expects big revenue rise after 2019 loss
State-owned utility Phnom Penh Water Supply Authority (PWSA), the first Cambodian Securities Exchange-listed company, aims to collect substantially more revenue in 2020 after a sharp drop in total revenue last year, according the result of its eighth annual general shareholders’ meeting. ...
Sorn Sarath
https://www.khmertimeskh.com/50739594/water-company-expects-big-revenue-rise-after-2019-loss/
PPAP works to soften virus hit
Listed state-owned port operator Phnom Penh Autonomous Port (PPAP) has doubled down on its commitment to enhance its business performance during the global health crisis by reducing expenses and postponing non-urgent investment, director-general Hei Bavy told its annual meeting on Friday. ...
May Kunmakara
https://www.phnompenhpost.com/business/ppap-works-soften-virus-hit
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
Market Capitalisation fell by 22 percent in Q1 2020
The Capital Market saw a 22 per cent drop capitalisation in the first quarter of the year, bringing the market capitalisation to around $544million, compared with the fourth quarter of 2019. From January to March in 2020, the Phnom Penh Special Economic Zone (PPSP)’s share ...
Sok Chan
https://www.khmertimeskh.com/50726057/market-capitalisation-fell-by-22-percent-in-q1-2020/
MoU inked to promote local bourse
Cambodia Chamber of Commerce (CCC) and Securities and Exchange Commission of Cambodia (SECC) – the country’s securities regulator – signed a memorandum of understanding (MoU) in a move to team up concerning raising awareness, while encouraging firms to join the local stock market. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726581/mou-inked-to-promote-local-bourse/
Tax breaks to boost securities sector
The Ministry of Economy and Finance issued an announcement on the implementation of guidelines on withholding tax for investors in the securities sector to promote the development of stocks in the Kingdom. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50723348/tax-breaks-to-boost-securities-sector/
CSX: Four more companies to list bonds and equity
Three financial institutions and one privately owned company are expected to list their corporate bonds and equity on the Cambodia Securities Exchange (CSX) by the end of April and early May respectively. ...
Sok Chan
https://www.khmertimeskh.com/50713247/csx-four-more-companies-to-list-bonds-and-equity/
SECC approves bond issuance
Phnom Penh Commercial Bank (PPCBank) and Prasac Microfinance Institution Ltd (Prasac) have been granted initial permission to issue bonds on the Cambodia Securities Exchange (CSX). ...
May Kunmakara
https://www.phnompenhpost.com/business/secc-approves-bond-issuance
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
Koreans eyeing bank IPO
Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...
May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo
Acleda, PPCBank granted listing eligibility
Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility
PPSP reports strong revenue growth reaching $2M in Q3
The Cambodia Securities Exchange- (CSX-) listed Phnom Penh Special Economic Zone (PPSP) reported strong revenue growth reaching $2 million in the third quarter of this year – up 46.96 per cent from $1.4 million in the third quarter of last year. ...
May Kunmakara
https://www.phnompenhpost.com/business/ppsp-reports-strong-revenue-growth-reaching-2m-q3
Acleda to be listed on CSX
Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-be-listed-csx
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
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
Listed firms GTI and PAS post higher Q3 revenue
Two Cambodia Securities Exchange- (CSX-) listed firms – Grand Twins International (GTI) and Sihanoukville Autonomous Port (PAS) – reported a strong business performance with high revenue in the third quarter of this year. ...
May Kunmakara
https://www.phnompenhpost.com/business/listed-firms-gti-and-pas-post-higher-q3-revenue
Thai, Cambodian SEC sign pact on capital markets
Cambodia and Thailand’s Securities Exchange and Commission (SEC) yesterday signed a memorandum of understanding (MoU) on mutual cooperation for capital market development through cross-listing, dual listing and depositary receipt offerings. ...
Bangkok Post Staff
https://www.bangkokpost.com/business/1752539/thai-cambodian-sec-sign-pact-on-capital-markets
Water authority sees net profit more than halve
Cambodia Securities Exchange (CSX) listed Phnom Penh Water Supply Authority (PWSA) recorded a fall in net profit of more than 53 per cent year-on-year, according to an unaudited report released on the stock exchange. ...
Post Staff
https://www.phnompenhpost.com/business/water-authority-sees-net-profit-more-halve
Cambodia Securities Exchange market capitalisation up 40%
The Cambodia Securities Exchange (CSX) market capitalisation rose more than 40 per cent last year from 2017, mostly boosted by the rise in the Sihanoukville Autonomous Port (PAS) share price, the CSX said. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-securities-exchange-market-capitalisation-40
All-time high for Securities Exchange trading volume
The Cambodia Securities Exchange (CSX) recorded its highest ever trading volume on Monday, exchanging 2,150,535 shares with a total value of more than $4.43 million, according to a CSX press release. The previous record was 939,498 shares traded on July 5, 2017. ...
Hin Pisei
https://www.phnompenhpost.com/business/all-time-high-securities-exchange-trading-volume
PPSC sells 14m shares in private placement
Phnom Penh Special Economic Zone (PPSP) recently issued more than 14 million shares, bringing its total number of shares to nearly 71.9 million, according to an announcement made by the company during a press conference Friday. ...
Chea Vannak
https://www.khmertimeskh.com/50543396/ppsc-sells-14m-shares-in-private-placement/