News
Efficiency on factory floor boosts GTI profit
Cambodia’s second listed company Grand Twins International (GTI) posted an increase in profits for the quarter ending June 30, as the company, despite losing revenue, was able to reduce the costs and improve worker productivity. ...
Ananth Baliga
http://www.phnompenhpost.com/business/efficiency-factory-floor-boosts-gti-profit
Another tax incentive to entice companies to CSX
In a bid to encourage companies to list on Cambodia’s beleaguered stock exchange, a new prakas released today will allow businesses to delay their monthly prepayment of tax on profit to the end of the year, according to an announcement on the Cambodia Securities Exchange. ...
Ananth Baliga
http://www.phnompenhpost.com/business/another-tax-incentive-entice-companies-csx
Rough start for CSX’s second listing
Grand Twins International launched its IPO one year ago to much fanfare, but a dwindling stock price has failed to generate much confidence in Cambodia’s fledgling bourse Despite the initial fanfare at the Cambodia Securities Exchange over the listing of Grand Twins International 12 months ago, ...
Ananth Baliga
http://www.phnompenhpost.com/post-weekend/rough-start-csxs-second-listing
TY Fashion to become third firm on bourse
Taiwanese-owned garment manufacturer TY Fashion (Cambodia) Plc is targeting a midyear listing on the bourse following approval on Friday from the Cambodia Securities Exchange (CSX), according to a press release from its underwriter, Phnom Penh Securities (PPS). ...
May Kunmakara
http://www.phnompenhpost.com/business/ty-fashion-become-third-firm-bourse
Cambodia's only stock plummets, shares sold off
In another record-breaking low point, shares of the Phnom Penh Water Supply Authority dipped under 5,000 riel by market’s close yesterday, while one investor sold off some 25,000 shares. The price drop came amid heightened tensions in Phnom Penh. Opposition Cambodia National Rescue Party lawmakers followed ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-only-stock-plummets-shares-sold
Museum for money planned
In January, officials broke ground on the new $4 million headquarters for the Cambodia Securities Exchange. Situated along a northern stretch of Freedom Park, a short skip from Wat Phnom, the French colonial-era building is a suitable home for the two-year-old bourse, which now operates ...
Insurance urged for CSX listings
The Ministry of Economy and Finance yesterday urged companies intending to list on the Cambodia Securities Exchange (CSX) to buy insurance to bolster public confidence. Vice President Bo Chanpiro of the Financial Industry Department of the Ministry of Economy and Finance said the finance sector relies not only ...
http://www.phnompenhpost.com/index.php/2012090658524/Business/insurance-urged-for-csx-listings.html
The week at the CSX August 2-8
The price of Phnom Penh Water Supply Authority stock from the period of August 2 to 8 remained very stable at KHR6,500 for most of the week after a slight increase from KHR6,400 (US$1.57) to KHR6,500 (US$1.6) on August 3. Trading volumes overall were lower ...