Cambodia's diesel, gasoline, and combustion gas imports exceed $834 million in four months

/ June 12, 2025


News Highlights

Economy and Industry

Cambodia's diesel, gasoline, and combustion gas imports exceed $834 million in four months Cambodia's imports of diesel fuel, gasoline, and combustion gas decreased by 12.6% in the first four months of 2025, according to a Ministry of Commerce report. The total value of these imports was $834.37 million, down from $954.88 million in the same period last year. The country spent $449.76 million on diesel fuel, $272.25 million on gasoline, and $112.36 million on compressed natural gas. The Ministry of Mines and Energy predicts that Cambodia's demand for oil and gas products will reach 4.8 million tonnes in 2030, up from 2.8 million tonnes in 2020. (Source: Khmer Times)

New infrastructure debt securities regulation introduced to support development projects Cambodia is launching the Praks on Offering of Infrastructure Debt Securities, a new financial instrument that will enable infrastructure management companies to raise capital for their projects. The Securities and Exchange Regulator of Cambodia (SERC) has approved a proclamation on the offering and draft guidelines for eligible assets used for the offering. The Securities and Exchange Regulator of Cambodia (SERC) Director-General Sou Socheat said that investors can now invest capital at any time and companies can easily seek financing from the securities market using existing financial instruments. The new financial mechanism is expected to play a crucial role in mobilizing domestic and international capital to meet ambitious targets, supporting projects such as roads, bridges, ports, and airports. The Securities and Exchange Regulator of Cambodia and the Cambodia-Australia Partnership for Resilient Economic Development have worked closely on drafting the guidelines. (Source: Khmer Times)

Cambodia-Thailand trade reaches $1.87 billion in first five months of the year Thailand remains a key partner in Cambodia's regional trade strategy, ranking behind China, Vietnam, and the US but ahead of Japan and Canada. Trade between the two countries reached $1.87 billion in the first five months of 2025, with Cambodian exports to Thailand totaling $395 million between January and May, a 1.1% year-on-year increase. Imports from Thailand surged to $1.48 billion, a 10.4% rise compared to the same period last year. The data underscores the growing importance of Cambodia's economic ties with its neighboring country as both nations navigate a shifting global trade landscape. The report noted that China remained Cambodia's largest trade partner ($7.63 billion), followed by the US ($4.47 billion), Vietnam ($3.84 billion), Thailand ($1.87 billion), Japan ($1.02 billion), and Canada ($518 million). Both countries should work to prevent border disputes from disrupting trade, as any obstacles would cause losses to both sides. Strengthening domestic processing capacity is crucial to address the trade imbalance and create more jobs for Cambodians. (Source: Khmer Times)

Corporate News

TUBE COFFEE launches new app, offering quicker and more convenient customer experience The TUBE COFFEE Mobile App, launched on June 12, 2025, is a digital platform designed to cater to the changing way Cambodians order drinks. The app offers features such as pre-ordering, customizable drinks, secure payment, exclusive promotions, and a loyalty program. The app was developed in collaboration with Cambodian technology company MONAKOM Technology, demonstrating TUBE COFFEE's commitment to local innovation and global digital trends. The app is available for download on the App Store and Play Store, allowing customers to enjoy a more convenient and fast service. (Source: Kiripost)

Stock Market

CSX inches up 0.02% amid mixed main and growth board activity On 12 June 2025, the CSX Index rose by 0.02%, closing at 408 points. On the Main Board, PEPC (+2.28%), PWSA (+0.32%), and PPAP (+0.30%) were the gainers, while GTI (-0.74%), PPSP (-0.47%), and PAS (-0.17%) recorded losses. ABC, MJQE, and CGSM remained unchanged. On the Growth Board, DBDE was up by 0.49% and JSL declined by 1.41%. Total trading volume reached 59,724 shares, with a turnover of KHR 372 million. (Source: YSC Research)

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
407.99 0.02 59,724 10,943

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 6,340 0.32 0.32 -0.31 6,340 6,300 28,828 551
GTI 8,000 -0.74 -0.25 57.48 8,200 7,400 62,348 320
PPAP 13,380 0.30 -0.15 -3.32 14,020 13,340 3,190 277
PPSP 2,120 -0.47 0.00 -2.30 2,160 2,090 49,730 152
PAS 12,080 -0.17 0.83 4.50 12,220 11,780 5,794 1,036
ABC 6,900 0.00 -0.29 -8.49 6,960 6,880 253,280 2,989
PEPC 2,690 2.28 -1.47 12.55 2,790 2,600 4,636 202
MJQE 2,020 0.00 0.00 -2.88 2,030 2,010 66,651 655
CGSM 2,430 0.00 0.00 0.00 2,450 2,410 32,265 4,761
DBDE 2,050 0.49 -5.53 -0.49 2,170 2,040 41,092 38
JSL 2,790 -1.41 1.45 -18.42 2,880 2,600 11,384 72
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 6.48 0.57 1.74 13.25
GTI 4Q24 48 7,057 166.67 1.13 0.95 28.47
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 8.18 1.47 2.26 8.05
ABC 4Q24 1,140 13,790 6.05 0.50 0.91 NA
PEPC* 1Q25 -1,009 -17 NA -156.28 4.70 NA
MJQE 4Q24 37 307 54.41 6.58 3.99 12.14
CGSM 4Q24 52 606 46.71 4.01 6.79 16.11
JSL 4Q24 14 685 199.25 4.07 3.99 18.01
DBDE 4Q24 23 1,840 89.68 1.11 0.53 8.12
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% 2,416
ABC32B 0 0.0 - - KhAA Subordinated Bond 8.50% 2,458
CGSM33A 0 0.0 - - KhAAA Sustainability Bond SOFR +3% or 5.5% per annum, whichever is higher 3,078
CIAF28A 0 0.0 - - KhAAA N/A 6.30% Annually 1,282
CIAF30A 0 0.0 - - KhAAA Guaranteed Bond 5.60% 1,729
GT27A 0 0.0 - - N/A Plain Bond, Green Bond 7% per annum 907
PPSP29A 0 0.0 - - KhAAA Guaranteed Green Bond Term SOFR + 1.5% 1,469
RRC32A 0 0.0 - - N/A Plain Bond 7% Annually 2,677
RRGO27A 0 0.0 - - KhAAA Guaranteed Bond SOFR+3,5% or 5% per annum (take which one is higher) 924
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) 2,751
SNTD40A 0 0.0 - - N/A Green Infrastructure Bond 180-Day SOFR Average + 1.80% 5,403
SNTD40B 0 0.0 - - N/A Green Infrastructure Bond 180-Day Average SOFR + 1.60% (4.00% - 6.00%) 5,403
SNTD40C 0 0.0 - - N/A Green Infrastructure Bond 180-Day SOFR Average + 3.00% 5,403
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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