News

The volume of cargo passing through the Sihanoukville Autonomous Port (SAP) rose 15 per cent in the first quarter of this year compared with the corresponding period last year. Experts say milled-rice exports and fuel imports contributed to the boost in activity. From January to March, ...

Malaysia-based Harta Packaging Industries Sdn Bhd opened a new Cambodian factory to meet the demands of a growing exports sector and benefit from Sihanoukville port’s ambitious expansion plans, officials said. Harta Packaging, a wholly owned subsidiary of HPI Resources Berhad and part of the Oji Paper ...

Cambodia's waterways are significantly under-used for the transport of commodities such as rice, and enhanced infrastructure and a review of government fees is needed at the Kingdom’s ports to make exports more competitive, industry experts say. According to figures from the Alliance of Rice Producers and ...

Cambodia will earn about $50 million a year from exports of dried cassava to China through Sihanoukville Autonomous Port, Deputy Prime Minister Yim Chhay Ly said Thursday. ... Cambodia's agricultural exports previously went through Vietnam and Thailand, amounting to between 7,000 and 8,000 tons a year. ...

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 ...

Despite the inaugural train traveling between Phnom Penh and Sihanoukville by a new rail link a month ago, no goods have yet been transported between the capital and the country's largest port. Toll Royal Railways, a joint venture between Australia's Toll Group and local conglomerate Royal ...

The amount of air cargo entering and leaving Phnom Penh increased by almost 40 percent last year, and nearly 100,000 more business travelers to the capital were recorded during the first 11 months of last year compared to the same period in 2011, data from ...

Cambodia's Securities Exchange (CSX) may have its first private company listing early next year with Grand Twin International, a Taiwanese-owned garment factory, submitting its letters of intention to the Securities Exchange and Commission of Cambodia (SECC). Industry representatives and government officials believe the listing will be ...

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 ...

With cargo traffic at the Phnom Penh Autonomus Port growing rapidly, a nearly completed container terminal just south of the city on the Mekon River should help ease the congestion. The 30-hectare port, in Kandal province's Kein Svay district, was completed late last month, though cranes ...

Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...

Less than two months after opening a $60 million brewery on the outskirts of Phnom Penh, Cambodia Beer will be exported for the first time today when vessels carrying the beer set out for Japan from Sihanoukville Autonomous Port, according to a statement issued yesterday ...

Revenues generated at the Sihanoukville Autonomous Port increased 13.6 percent to $14 million in the first five months of 2012, compared to the same period last year, a port official said yesterday. Lou Kimchhun, director-general of the port, said that revenues came from a 9 percent ...

Revenue at Sihanoukville Autonomous Port increased 13.6 per cent year on year between January and June, port officials confirmed yesterday. As the state-owned enterprise gears up for listing on the Cambodia Securities Exchange, the neighbouring Sihanoukville Special Economic Zone will play an increasingly important role in ...

Two foreign-owned garment manufacturers will submit disclosure documents to Cambodia’s capital market regulator next month, the companies’ underwriter Phnom Penh Securities Firm Plc. said yesterday. The initial public offerings for the two private companies, expected by the end of the year, should boost action on the ...

An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country's nascent bourse. ... Ho Hongsik, director of SBI Royal ...

The Republic of Korea donated more than 200 military trucks to the Cambodian government last month, a port official said yesterday. Sam Heng, administrative chief of the Sihanoukville Autonomous Port, said the 241 trucks were strictly for transportation. “The trucks arrived before the elections. They’re military cargo ...

The Sihanoukville Autonomous Port was making every effort to speed up preparations for its listing on the Cambodia Securities Exchange, the port's chief executive officer, Lou Kim Chhun, said this week. ... The company would list 15% of it's stock to begin with, and would 'study ...

Sihanoukville Autonomous Port, one of two state-owned companies slated to list on the Cambodia Securities Exchange this year, yesterday called the price decline in the country’s first publicly traded company worrisome. The eight-day slide in price that neared Phnom Penh Water Supply Authority’s initial public offering ...

The government will spend a total of $85 million, funded by a Japanese government loan, for the third and final phase of the expansion of Sihanoukville Autonomous Port, which will more than double the port's import-export capacity by 2012, Prime Minister Hun Sen said yesterday. "It ...

While the Phnom Penh Water Supply Authority's (PPWSA) share price continued to fall yesterday, a second state firm came a step closer to joining it on Cambodia's nascent stock exchange by announcing plans to register by the end of July. At a ceremony marking the first ...

Investors, along with the next two companies expected to list on the Cambodia Securities Exchange, will watch carefully this morning the action on the country’s first initial public offering, nine months after the CSX officially opened. After a book-building process that was 17 times over-subscribed, Phnom Penh ...

Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country's first initial public offering—of shares in a local ...

After a string of false starts, Cambodia's stock market finally started trading on Wednesday, marking a significant step forward for an impoverished country blighted by corruption and scarred by decades of civil war. ... But on Wednesday, traders were reaping fast gains as the price of ...