Economy & Industry

New car sales see remarkable growth in 2016

Buying brand new cars in Cambodia, a country dominated by the used car market, is becoming increasingly popular, with sales of new cars growing remarkably last year, according to industry insiders. Ly Bun Hay, general manager of Toyota (Cambodia), said...

05th January 2017

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Coporate News

PPAP signs land leasing agreement with Chinese firm

PPAP signed a land leasing agreement with Yunnan Sengmao Investment on Friday last week, allowing the Chinese firm to build a construction supply center on its 9.3 hectares of land in Russey Keo district. According to Hei Bavy,...

04th January 2017

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Economy & Industry

Angkor ticket sales reach $63.6mn in 2016

Ticket sales for the Angkor Archaeological Park near Siem Reap reached $63.6mn in 2016, up 4.2% compared to 2015, according to data released yesterday by the Angkor Institution, the park’s state-run ticketing agency...

03rd January 2017

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Coporate News

TBR Group signs $2.7bn contract for twin towers

Local real-estate company Thai Boon Roong (TBR) Group signed a $2.7bn contract with Wuhan-based Wuchang Shipbuilding Industry Group and Macao-based Sun Kian IP Holdings on Saturday to build the TBR Twin Tower World Trade Center, according to...

03rd January 2017

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Market Update

PPWSA shares post KHR85bn annual loss

Shares in Phnom Penh Water Supply Authority (PPWSA) ended the year at KHR4,100, down 19.29% from last year close, and posted an annual loss of KHR85bn...

30th December 2016

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Market Update

GTI shares gain 7.46% over last year-end close

Shares in Grand Twins International (GTI) closed at one-year high of KHR4,320, posting an annual gain of 7.46%. The garment manufacturer had been on a downtrend since the company’s announcement of stock dividend distribution on Sep. 13th, and fell to a record low of KHR2,130 on Dec. 9th...

30th December 2016

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Market Update

PPAP shares ended KHR200 lower than 2015 year-end close

Shares in Phnom Penh Autonomous Port (PPAP) ended at KHR5,300 or KHR200 lower than 2015 year-end close. Stock price showed little fluctuation during the year, swinging between KHR5,180~KHR5,500. The port operator has earned only 3.52% over the IPO price...

30th December 2016

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Market Update

PPSP shares close at IPO price

Shares in Phnom Penh SEZ Plc (PPSP) closed at its IPO price of KHR2,860, after trading on the secondary market for about half a year. Stock price was quite volatile, dropping to KHR2,490 or 12.9% below the IPO price in June...

30th December 2016

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Economy & Industry

NBC to connect all ATM and POS machines

The National Bank of Cambodia (NBC) will launch a new system called central shared switch that connects all the ATM and point-of-sale (POS) machines of local banks and microfinance deposit-taking institutions (MDIs), allowing a customer....

29th December 2016

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Economy & Industry

Transport Ministry proposes development of waterways

Ministry of Public Works and Transportation has proposed to build a waterways public transit system that will allow people to travel via boat, reducing traffic congestion and traffic accidents...

29th December 2016

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