News

The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...

In the frenzied run-up to the national election Sunday, Phnom Penh has been the site of concerts, rallies and streets packed with campaigners. But the energy hasn’t spread to the halls of the Cambodia Securities Exchange. At the close of trading Tuesday, five business days had ...

It is almost two years to the day since Cambodia’s stock market launched in Phnom Penh in front of proud government officials, senior financiers and eager investors from across the region. Initial expectations were that a total of three state-owned firms would be listed within six ...

If you were given all the money in the world to invest in a stock from the stock exchanges of Laos and Cambodia, which stock would you choose? You might not actually get a lot of choices – both exchanges are stagnant two years after ...

At the headquarters of the Cambodia Securities Exchange on the 25th floor of Canadia Tower, something seems to be missing. Here, in Phnom Penh’s business heart, the sights typically associated with trading shares – gesticulating, shouting traders, the confusing hand signals, the buzz in the air ...

The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...

After the listing of Taiwanese-owned garment company Grand Twins International (Cambodia) Plc on the Kingdom’s stock exchange was delayed indefinitely, its underwriter said yesterday that the firm hopes to list before the national elections in late July. According to the underwriter, Phnom Penh Securities (PPS) Plc, ...

Cambodian Prime Minister Hun Sen on Tuesday inaugurated a new water treatment plant in eastern part of capital Phnom Penh, saying that the plant would meet the rising demand of clean water in the city. The 90 million U.S. dollar plant was invested by the listed ...

The Cambodia Securities Exchange (CSX) has seen slow progress in its first year of operations because there has been only one listed firm and public knowledge about the stock market remains low, officials said Thursday. The CSX was officially launched trading on April 18 last year ...

Holders of shares in the Phnom Penh Water Supply Authority (PPWSA) have criticised the level of dividend payment that they will receive from the company. PPWSA, which is the only company listed on the Cambodia Securities Exchange (CSX), was to pay its first dividend to 1,500 ...

A major Vietnamese bank is closing its brokerage and securities arm in Cambodia, an official said yesterday, amid the ongoing drought of listings on the Cambodian Securities Exchange (CSX). Sacombank, which will continue to operate as a bank in Cambodia, set up the securities firm ...

Newly-Appointed Director General of the state-owned Telecom Cambodia (TC) Kim Vikra vowed Monday to enhance the enterprise’s governance in order to improve business operations and revenues. “I am committed to working with all colleagues in order to lead the enterprise to progress,”he said at his official ...

State-owned fixed-line company Telecom Cambodia’s (TC) plan to join the Cambodia Securities Exchange (CSX) has been postponed indefinitely because of its poor financial performance, reports The Phnom Penh Post. The company will need to redesign its business plan to improve operations, said Sarak Khan, secretary ...

State-owned Telecom Cambodia lost more than $40 million during the five-year tenure of director general Lao Saroeun, who is now set to move into a new government job despite an investigation into alleged corruption at the company, officials said yesterday. Speaking at the annual meeting ...

THE Cambodia Securities Exchange (CSX), the recently established bourse with a single player, will increase the number of trade executions from twice to six times a day, a move that will take effect on March 11. A CSX officer and the managing director of a securities ...

The listed Phnom Penh Water Supply Authority (PPWSA) earned total revenues of 36.9 million U.S. dollars in 2012, up 25 percent year-on-year, according to the firm’s unaudited financial statement on Wednesday. The report said that the firm’s net income after tax was 8.56 million U.S. dollars ...

The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...

Cambodia’s Securities Exchange (CSX) on Monday broke ground for the construction of a 3-storey building in the heart of Phnom Penh, the country’s capital. “The construction of the building reflects the government’s firm stance in developing the stock market and the building will build ...

Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...

Trading on the Cambodian Securities Exchange remained low yesterday, which also marked six months of operation for the bourse. An official said this is due to a lack of public awareness and listed companies. Ming Bankosal, General Director of the CSX, said that as listed companies ...

Every day, thousands of people drive past a big electronic billboard showing market data from the Cambodia Securities Exchange (CSX), the first securities market in the Kingdom’s history. While waiting for the traffic light, those Cambodians who are interested can get a glimpse of the ...

The price of Phnom Penh Water Supply Authority stock over the Sept. 27- Oct. 3 period was only KHR 6,200 (US$1.54), under the IPO price of KHR 6,300 (US$1.56), for nearly the whole week. But on Oct. 3, the price rose to the IPO price again, ...

Triasia Group, headed by Japanese CEO Yokoi Tomoyuki, will open its first Kiriya café in November, with plans already in place to open six more along with some Japanese and European restaurants and a coffee bean manufacturing and export operation. Triasia Group also aims at being ...

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, ...