Cambodia's exports to EU total $1.44 billion in first four months
News Highlights |
Economy and Industry
Cambodia's exports to EU total $1.44 billion in first four months Cambodia's exports to the European Union (EU) increased by 23% to $1,449 million in the first months of 2025, compared to the same period last year. However, the country's imports from the EU fell by 8.8% to $253 million from January to April. The two-way trade rose by 17% to $1,703 million. Spain and Germany were Cambodia's biggest trade partners in the EU, with bilateral trade volumes of $338 million and $337 million respectively. Other destinations in the EU include France, Belgium, and the Netherlands. Cambodia's trade with the EU accounted for 8.6% of the total trade during the period. The substantial rise in exports to the EU signifies the competitiveness of Cambodian products, allowing them to accommodate larger orders and cater to escalating European demand. The country primarily exports textiles, footwear, bicycles, foodstuffs, milled rice, and other agricultural products to the EU under the EBA (Everything but Arms) scheme. (Source: Khmer Times)
CDRI becomes member of ASEAN+3 Finance Think Tank Network Cambodia Development Resource Institute (CDRI) has joined the ASEAN+3 Finance Think Tank Network (AFTN), an initiative under the ASEAN+3 Macroeconomic Research Office's Strategic Direction 2030. AFTN aims to foster regional cooperation and dialogue, contributing to macroeconomic and financial stability in ASEAN+3. CDRI is honored to be part of AFTN, which has hosted over 60 events, including its flagship AFTN Seminar on population aging and technology development. The network has facilitated knowledge sharing, strengthened policy coordination, and enhanced capacity building across the region. CDRI, a non-profit research and development institute in Cambodia, focuses on producing independent, objective, and policy-relevant development research to inform policymakers and stakeholders. The institute's work aims to contribute to Cambodia's sustainable development in various areas, including agriculture, economics, education, natural resources, and governance. (Source: Khmer Times)
Major economic sectors set to leverage water data centre Cambodia's Minister of Water Resources and Meteorology, Thor Chetha, has emphasized the importance of the National Water Resources Management Data Center (NWRMDC) in promoting sustainable development of key economic sectors. The NWRMDC and the Water Resources Information System (WRIS) are being established to provide timely weather updates and more accurate risk forecasts for floods, droughts, and storms. The establishment aims to protect lives, property, and the social environment while contributing sustainably to the prevention, mitigation, and reduction of natural disasters. The NWRMDC also strengthens national and international cooperation in hydrology, meteorology, and climate-related matters, reducing economic losses in key sectors and ensuring long-term sustainable development. (Source: Khmer Times)
Corporate News
ABA Bank strengthens partnership with amt scholarship program ABA Bank has donated $100,000 to the Association of Samdech Akka Moha Sena Padei Techo Hun Sen and Samdech Kittiprittbandit Scholarship Students (AMT), marking the third consecutive donation to the organization. The donation handover meeting was presided over by H.E. Sok Puthyvuth, Vice President of AMT, and Askhat Azhikhanov, President and Chief Executive Officer at ABA Bank. The bank commended AMT for its dedication to providing underprivileged Cambodian students with access to higher education through prestigious scholarships, both locally and internationally. The bank expressed gratitude to the board and leadership of ABA Bank for their support, enabling the expansion of scholarship opportunities for Cambodian students and contributing to human resource development. (Source: Cambodia Investment Review)
Stock Market
CSX index gains 0.06% amid mixed trading On 10 June 2025, the CSX index rose by 0.06%, closing at 407.7 points. On the Main Board, GTI (+1.50%) and PPSP (+1.44%) were the gainers, while PPAP (-0.30%) recorded loss. PWSA, PAS, ABC, PEPC, MJQE, and CGSM remained unchanged. On the Growth Board, DBDE declined by 0.93%, while JSL saw no change. Total trading volume reached 41,374 shares, with a turnover of KHR 210 million. (Source: YSC Research)
CSX Stocks |
CSX Index
Value | 1D % Chg | 1D Vol | Mkt Cap (KHR'bn) |
407.67 | 0.06 | 41,374 | 10,934 |
Stock Performance
Stock | Close (KHR) | 1D chg (%) | MTD chg (%) | YTD chg (%) | 1M high (KHR) | 1M low (KHR) | MTD vol (shr) | Mkt cap (KHR'bn) |
PWSA | 6,320 | 0.00 | 0.00 | -0.63 | 6,320 | 6,300 | 20,948 | 550 |
GTI | 8,100 | 1.50 | 1.00 | 59.45 | 8,200 | 7,060 | 42,699 | 324 |
PPAP | 13,380 | -0.30 | -0.15 | -3.32 | 14,200 | 13,380 | 2,641 | 277 |
PPSP | 2,120 | 1.44 | 0.00 | -2.30 | 2,160 | 2,090 | 39,476 | 152 |
PAS | 12,200 | 0.00 | 1.84 | 5.54 | 12,220 | 11,780 | 4,178 | 1,046 |
ABC | 6,900 | 0.00 | -0.29 | -8.49 | 6,960 | 6,880 | 170,624 | 2,989 |
PEPC | 2,670 | 0.00 | -2.20 | 11.72 | 2,810 | 2,600 | 4,220 | 200 |
MJQE | 2,020 | 0.00 | 0.00 | -2.88 | 2,040 | 2,010 | 55,630 | 655 |
CGSM | 2,420 | 0.00 | -0.41 | -0.41 | 2,450 | 2,410 | 30,926 | 4,741 |
DBDE | 2,120 | -0.93 | -2.30 | 2.91 | 2,170 | 2,090 | 26,535 | 39 |
JSL | 2,840 | 0.00 | 3.27 | -16.96 | 2,880 | 2,600 | 9,984 | 73 |
1D = 1 Day; 1M= 1 Month; MTD = Month-To-Date; YTD = Year-To-Date; Chg = Change; Vol = Volume; shr = share; Mkt cap = Market capitalization |
Valuation Ratios
EPS | BPS* | P/E | P/B | P/S | EV/EBITDA | ||
ttm,mrq | (ttm,KHR) | KHR | (ttm,x) | (mrq,x) | (ttm,x) | (ttm,x) | |
PPWSA | 4Q24 | 978 | 11,199 | 6.46 | 0.56 | 1.73 | 13.23 |
GTI | 4Q24 | 48 | 7,057 | 168.75 | 1.15 | 0.96 | 28.75 |
PPAP | 4Q24 | 2,550 | 22,115 | 5.25 | 0.61 | 1.63 | 3.30 |
PPSP | 4Q24 | 220 | 3,866 | 9.65 | 0.55 | 2.87 | 5.06 |
PAS | 4Q24 | 1,478 | 8,224 | 8.26 | 1.48 | 2.28 | 8.10 |
ABC | 4Q24 | 1,140 | 13,790 | 6.05 | 0.50 | 0.91 | NA |
PEPC* | 1Q25 | -1,009 | -17 | NA | -155.12 | 4.67 | NA |
MJQE | 4Q24 | 37 | 307 | 54.41 | 6.58 | 3.99 | 12.14 |
CGSM | 4Q24 | 52 | 606 | 46.52 | 3.99 | 6.76 | 16.05 |
JSL | 4Q24 | 14 | 685 | 202.82 | 4.14 | 4.06 | 18.19 |
DBDE | 4Q24 | 23 | 1,840 | 92.75 | 1.15 | 0.55 | 8.36 |
NOTE: ttm= trailing-twelve months; mrq = most recent quarter; *FY ending in June, **excluding non-voting shares |
Corporate Bonds |
Trading Summary
Bond Symbol | Trading Vol (Units) | Trading Val (KHR'mn) | Latest Yield | Credit Rating | Bond Feature | Coupon Rate (%) | Days to Maturity |
ABC32A | 0 | 0.0 | - - | khAA | Subordinated Bond | 8.50% | 2,418 |
ABC32B | 0 | 0.0 | - - | KhAA | Subordinated Bond | 8.50% | 2,460 |
CGSM33A | 0 | 0.0 | - - | KhAAA | Sustainability Bond | SOFR +3% or 5.5% per annum, whichever is higher | 3,080 |
CIAF28A | 0 | 0.0 | - - | KhAAA | N/A | 6.30% Annually | 1,284 |
CIAF30A | 0 | 0.0 | - - | KhAAA | Guaranteed Bond | 5.60% | 1,731 |
GT27A | 0 | 0.0 | - - | N/A | Plain Bond, Green Bond | 7% per annum | 909 |
PPSP29A | 0 | 0.0 | - - | KhAAA | Guaranteed Green Bond | Term SOFR + 1.5% | 1,471 |
RRC32A | 0 | 0.0 | - - | N/A | Plain Bond | 7% Annually | 2,679 |
RRGO27A | 0 | 0.0 | - - | KhAAA | Guaranteed Bond | SOFR+3,5% or 5% per annum (take which one is higher) | 926 |
RRGT32B | 0 | 0.0 | - - | KhAAA | Guaranteed Bond | SOFR+3,5% or 5% per annum (take which one is higher) and Year 6 to Year 10: SOFR+3,75% or 5% per annum (take which one is higher) | 2,753 |
SNTD40A | 0 | 0.0 | - - | N/A | Green Infrastructure Bond | 180-Day SOFR Average + 1.80% | 5,405 |
SNTD40B | 0 | 0.0 | - - | N/A | Green Infrastructure Bond | 180-Day Average SOFR + 1.60% (4.00% - 6.00%) | 5,405 |
SNTD40C | 0 | 0.0 | - - | N/A | Green Infrastructure Bond | 180-Day SOFR Average + 3.00% | 5,405 |
Government Bonds |
Historical Issuance Summary
1 Y | 2 Y | 3 Y | 5 Y | 10 Y | |
Total issuance ('K units) | 238.1 | 312.0 | 175.3 | 10.0 | 0.0 |
Outstanding (KHR'bn) | 58.0 | 236.0 | 175.3 | 10.0 | 0.0 |
Issuance ('K units, Latest) | 34.0 | 0.0 | 90.0 | 0.0 | 0.0 |
Coupon rate (Latest) | 2.70% | 3.20% | 3.50% | 4.75% | 5.25% |
Successful yield (Latest) | 3.25% | - | 4.25% | - | - |
Latest bidding | 23-Apr-25 | 21-May-25 | 19-Mar-25 | 45,581 | 45,525 |
*Total issuance is the accumulated issuance since September 2022; **Outstanding is aggregate principal value of government that remain outstanding; ***Successful yield: mid yields are shown if multiple price auction method was adopted. |
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