PM urges banks and MFIs to reduce loan burden on returning workers
News Highlights |
Economy and Industry
PM urges banks and MFIs to reduce loan burden on returning workers Cambodian Prime Minister Hun Manet has called on the Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) to help ease the financial burden on Cambodian workers returning from Thailand, particularly those facing outstanding debts with financial institutions. The government is ready to handle any potential mass return of migrant workers and emphasizes the importance of national solidarity in times of challenge. Relative ministries and institutions, including the armed forces and provincial administrations along the Cambodian-Thai border, have been instructed to facilitate border crossings, provide temporary shelter, food, and basic health services for returnees. The Ministry of Labour and Vocational Training is prepared to help returning workers secure jobs, and the Ministry of Economy and Finance is developing economic and social intervention packages to improve the livelihoods of returnees. Both associations pledge to continue working closely with the National Bank of Cambodia and other stakeholders to ensure that financial institutions contribute effectively to national socio-economic stability. (Source: Khmer Times)
MoUs signed to strengthen securities investment in Cambodia The Securities and Exchange Regulator of Cambodia (SERC) has signed two memoranda of understanding (MoUs) with China to encourage investment in the country, particularly in the securities sector. The MoUs were signed during a visit by a Cambodian delegation led by SERC Director General Sou Socheat to Chongqing, China. The first MoU focuses on promoting cooperation between the SERC and Alpha Group for the development of Cambodia's commodity futures market, while the second MoU promotes investment in Cambodia, particularly in the securities sector, between the SERC and the Shapingba District, Chongqing. The delegation met with Governor Qi Meiwen to discuss research on the development of Cambodia's commodity futures exchange. Both parties emphasized the friendly relationships between Cambodia and China. (Source: Khmer Times)
CDC reviews 12 investment project proposals valued at $128 million The Council for the Development of Cambodia (CDC) has reviewed 12 Qualified Investment Projects (QIPs) worth $128 million through the Single Window Scheme. The projects, which include manufacturing of furniture, home appliances, utensils, and toys, are expected to create over 4,600 jobs in the country. The CDC also reviewed one tourism project, a five-star hotel. The projects are spread across six provinces and have an investment capital of approximately $816 million. The number of registered investments increased by 16%, while investment capital grew by 231% compared to 2024. The National Single Window is a key achievement of the Royal Government in promoting international trade facilitation and promoting a business environment, equitable investment, competition, transparency, accountability, and integrity for both domestic and foreign investors. (Source: Khmer Times)
Corporate News
ABA Bank sustains partnership with TYDA in ongoing humanitarian efforts ABA Bank has made an additional $100,000 contribution to the Samdech Techo Voluntary Youth Doctor Association (TYDA), marking a further step in addressing healthcare needs. This follows a MoU signed in 2023, which outlined a total of $300,000 in financial assistance. The support enables TYDA to maintain and expand its free health check-up campaigns across Cambodia. The donation handover meeting was presided over by Assistant Professor Sou Syphanna, TYDA's Chief Executive Officer, and Askhat Azhikhanov, ABA Bank's President and CEO. ABA Bank staff have actively participated in TYDA's Health Check-up and Treatment Days over the years, and the collaboration reflects a shared vision for resilience and community well-being throughout Cambodia. ABA Bank is proud to stand alongside TYDA and its humanitarian efforts to provide free and essential medical care to Cambodia's underserved communities. (Source: Kiripost)
Stock Market
CSX index edges down amid mixed performance on main and growth boards On 16 June 2025, the CSX Index declined by 0.08%, closing at 409.1 points. On the Main Board, GTI (+4.82%) and PAS (+0.33%) were the gainers, while PEPC (-0.74%), PPSP (-0.47%), CGSM (-0.41%), and ABC (-0.29%) recorded losses. PPAP and MJQE remained unchanged. On the Growth Board, DBDE fell by 0.49%, while JSL remained unchanged. Total trading volume reached 147,161 shares, with a turnover of KHR 828 million. (Source: YSC Research)
CSX Stocks |
CSX Index
Value | 1D % Chg | 1D Vol | Mkt Cap (KHR'bn) |
409.09 | -0.08 | 147,161 | 10,972 |
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 | 6,440 | 0.31 | 1.90 | 1.26 | 6,440 | 6,300 | 48,045 | 560 |
GTI | 8,700 | 4.82 | 8.48 | 71.26 | 8,700 | 7,760 | 252,535 | 348 |
PPAP | 13,400 | 0.00 | 0.00 | -3.18 | 13,920 | 13,340 | 7,917 | 277 |
PPSP | 2,120 | -0.47 | 0.00 | -2.30 | 2,160 | 2,090 | 77,759 | 152 |
PAS | 12,220 | 0.33 | 2.00 | 5.71 | 12,220 | 11,780 | 8,288 | 1,048 |
ABC | 6,900 | -0.29 | -0.29 | -8.49 | 6,960 | 6,880 | 313,150 | 2,989 |
PEPC | 2,690 | -0.74 | -1.47 | 12.55 | 2,790 | 2,630 | 5,308 | 202 |
MJQE | 2,020 | 0.00 | 0.00 | -2.88 | 2,030 | 2,010 | 87,357 | 655 |
CGSM | 2,420 | -0.41 | -0.41 | -0.41 | 2,450 | 2,410 | 72,836 | 4,741 |
DBDE | 2,040 | -0.49 | -5.99 | -0.97 | 2,170 | 2,040 | 43,059 | 38 |
JSL | 2,800 | 0.00 | 1.82 | -18.13 | 2,860 | 2,600 | 12,353 | 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 | 6.59 | 0.58 | 1.76 | 13.30 |
GTI | 4Q24 | 48 | 7,057 | 181.25 | 1.23 | 1.03 | 30.43 |
PPAP | 4Q24 | 2,550 | 22,115 | 5.25 | 0.61 | 1.64 | 3.30 |
PPSP | 4Q24 | 220 | 3,866 | 9.65 | 0.55 | 2.87 | 5.06 |
PAS | 4Q24 | 1,478 | 8,224 | 8.27 | 1.49 | 2.28 | 8.11 |
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 | 46.52 | 3.99 | 6.76 | 16.05 |
JSL | 4Q24 | 14 | 685 | 199.97 | 4.09 | 4.00 | 18.05 |
DBDE | 4Q24 | 23 | 1,840 | 89.25 | 1.11 | 0.53 | 8.09 |
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% | 2,412 |
ABC32B | 0 | 0.0 | - - | KhAA | Subordinated Bond | 8.50% | 2,454 |
CGSM33A | 0 | 0.0 | - - | KhAAA | Sustainability Bond | SOFR +3% or 5.5% per annum, whichever is higher | 3,074 |
CIAF28A | 0 | 0.0 | - - | KhAAA | N/A | 6.30% Annually | 1,278 |
CIAF30A | 0 | 0.0 | - - | KhAAA | Guaranteed Bond | 5.60% | 1,725 |
GT27A | 0 | 0.0 | - - | N/A | Plain Bond, Green Bond | 7% per annum | 903 |
PPSP29A | 0 | 0.0 | - - | KhAAA | Guaranteed Green Bond | Term SOFR + 1.5% | 1,465 |
RRC32A | 0 | 0.0 | - - | N/A | Plain Bond | 7% Annually | 2,673 |
RRGO27A | 0 | 0.0 | - - | KhAAA | Guaranteed Bond | SOFR+3,5% or 5% per annum (take which one is higher) | 920 |
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) | 2,747 |
SNTD40A | 0 | 0.0 | - - | N/A | Green Infrastructure Bond | 180-Day SOFR Average + 1.80% | 5,399 |
SNTD40B | 0 | 0.0 | - - | N/A | Green Infrastructure Bond | 180-Day Average SOFR + 1.60% (4.00% - 6.00%) | 5,399 |
SNTD40C | 0 | 0.0 | - - | N/A | Green Infrastructure Bond | 180-Day SOFR Average + 3.00% | 5,399 |
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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