Coporate News

CamboTicket receives fund for expansion

Local tech startup CamboTicket is looking to improve its bus ticket booking platform after receiving $100K in early-stage funding from Cambodia-based venture capital and project management firm OBOR Capital, its executive said yesterday...

17th May 2017

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Economy & Industry

Physical and digital connectivity needed for Asean growth

Multilateral connectivity, both physical and digital, was needed to ensure that Asean’s development and growth was not restricted by national borders, Southeast Asian business and political leaders said yesterday at World Economic Forum (WEF) on Asean in Phnom Penh...

12th May 2017

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Coporate News

Sihanoukville port to expand with more aid from Japan

Sihanoukville Autonomous Port (PAS), which is expected to list on the CSX by the end of this month following an initial public offering, may introduce an electronic system for handling import and export procedures with help from the Japanese government...

11th May 2017

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Coporate News

Sihanoukville port poise to list on CSX

Sihanoukville Autonomous Port (PAS) is poise to list on the Cambodia Securities Exchange (CSX) following a book-building process to determine what price to offer in an initial public offering (IPO)...

09th May 2017

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Economy & Industry

Japanese firm to offer inverter to PPWSA’s water plant

Japan-based company Metawater will provide its power-saving inverter equipment to a water treatment plant operated by Phnom Penh Water Supply Authority (PPWSA) through an arrangement that will help the Japanese government earn carbon reduction credits, according to a Nikkei Asian Review report...

08th May 2017

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Coporate News

CPC breaks ground for oil refinery

Cambodia Petrochemical Company (CPC) yesterday broke ground for the Kingdom’s landmark oil refinery, a $1.62bn project with an updated completion date set for the middle of 2019...

05th May 2017

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Coporate News

Angkor Air launches first charter flight to Japan

National carrier Cambodia Angkor Air will launch its first charter flight from Siem Reap to Japan today and is considering a regular service on the route, a senior airline executive said...

03rd May 2017

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Economy & Industry

Garment sector sees robust growth despite wage increase

Cambodia’s garment sector growth remained healthy despite increased wages for workers, Minister of Labor Ith Sam Heng said at an event commemorating International Labor Day yesterday. According to the minister, the sector employs 750,000 workers and pays $2bn in salaries annually, with the minimum wage increasing by nearly 10% to $153 a month...

02nd May 2017

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Market Update

Monthly Market Summary

Shares in Phnom Penh Water Supply Authority (PPWSA) ended the month up 0.50% to KHR4,040 (-1.46% YTD). The volume trading in April came to 20,455 shares. Based on the last close and 2016 earnings, the stock is trading at P/E of 6.96x.

28th April 2017

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Coporate News

GE signs sales agreement for 135Mw coal plant

US-based General Electric (GE) signed a sales agreement yesterday to supply parts to the new 135-megawatt coal-fired plant in Preah Sihanouk province that is being constructed by a subsidiary of Toshiba...

27th April 2017

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