Corporate bond market in Cambodia surpasses $368 million in capital raised

Economy and Industry

Corporate bond market in Cambodia surpasses $368 million in capital raised Cambodia's corporate bond market has demonstrated significant growth, with total capital raised exceeding $368 million. This milestone reflects increasing investor confidence in the country's financial instruments and the broader economic landscape. The Securities and Exchange Regulator of Cambodia (SERC) reported that multiple companies have successfully issued bonds, signaling a maturing capital market that supports business expansion and infrastructure projects. The rise in bond issuances aligns with Cambodia's efforts to diversify funding sources beyond traditional bank loans. Key sectors, including real estate, manufacturing, and agriculture, have leveraged bonds to secure long-term financing. (Source: Khmer Times)

Cambodia generates $209 million from milled rice exports in early 2025 Cambodia's milled rice exports generated $209 million in revenue during the first four months of 2024, reinforcing the sector's vital role in the national economy. The Cambodia Rice Federation (CRF) reported steady demand from international markets, with China, Europe, and ASEAN countries remaining key buyers. The country exported over 280,000 tons of milled rice, with fragrant rice varieties dominating shipments. Despite global economic uncertainties, Cambodian rice maintains strong market access due to preferential trade agreements, including the EU's Everything But Arms (EBA) initiative and the Regional Comprehensive Economic Partnership (RCEP). However, challenges such as rising production costs and competition from neighboring rice-exporting nations persist. (Source: Khmer Times)

Chinese company considers major investment in Cambodia's oil refinery industry A Chinese energy firm, Beijing Saite Holding Co., Ltd., is exploring a substantial investment in Cambodia's crude oil refining sector, marking a potential shift toward greater energy independence for the country. The project, still in preliminary discussions, aligns with Cambodia's push to develop its energy infrastructure. If realized, it would enhance refining capacity, lower fuel costs, and create jobs in construction and operations. The government has offered incentives, including tax breaks, to attract foreign investors in this strategic sector. This initiative follows Cambodia's recent efforts to tap into its offshore oil reserves, though past ventures faced delays. A successful refinery project could position Cambodia as a regional energy hub, particularly if linked to broader ASEAN energy networks. (Source: Khmer Times)

Corporate News

Air Cambodia plans to launch flights to Japan in October Air Cambodia is set to commence direct flights to Japan in October 2025, expanding its international network and boosting tourism and trade ties between the two nations. The new route will connect Phnom Penh to Osaka via a stop in Fuzhou, China, operating four times weekly using Airbus A321 aircraft. The flights will cater to both leisure travelers and business delegates, facilitating stronger economic collaboration. The airline's expansion includes the acquisition of a new ATR 72-600 aircraft to support growing operations. Analysts highlight that increased air connectivity will enhance Cambodia's attractiveness as an investment destination while supporting its goal of reaching 7 million international tourists annually. (Source: Khmer Times)

Stock Market

CSX index slips 1.03% amid broad-based losses On 06 May 2025, the CSX Index edged down 1.03% to close at 405.9 points. On the Main Board, MJQE (+0.46%) led the gainers, while PEPC (-2.88%), ABC (-2.82%), CGSM (-0.41%), PWSA (-0.32%), PAS (-0.17%), and PPAP (-0.14%) posted losses. GTI and PPSP remained unchanged. On the Growth Board, DBDE was unchanged, while JSL declined by 0.94%. Total trading volume reached 215,847 shares, with a turnover of KHR 1,257 million. (Source: YSC Research)

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