Research

Our research reports provide comprehensive, up-to-date
information and analysis on the Cambodian economy in regional
and global context, selected industries, and the equity market in Cambodia.

Market Update

CSX index posts weekly gain of 0.54%

The CSX index edged down for the second day straight, dropping 0.13% from the previous close to 476.77pts, but posting a weekly gain of 0.54%. ABC shares saw the biggest weekly gain of 0.8% to end at KHR10,660, followed by PAS shares rising 0.5% from last Friday to KHR13,060. PPWSA and PPAP gained slightly over the week to KHR7,480, and KHR14,000, respectively. PEPC shares were unchanged from last Friday, while GIT shares posted a weekly loss of 2.1%.

The CSX index edged down for ...

December 16, 2022

Market Update

CSX index rises for sixth trading day straight

The CSX index rose for the sixth trading day straight, up 0.31% from the previous close to 477.8pts. The heavyweight ABC saw the biggest daily gain in the last 13 trading days, advancing another 0.56% from yesterday to end at a one-month high of KHR10,700. GTI, PPAP and PAS shares, however, edged down 0.80%, 0.14%, and 0.15% to KHR3,700, KHR13,960, and KHR13,040, respectively. PPWSA, PPSP, PEPC, DBDE, and JSL shares remained unchanged.

The CSX index rose for the six...

December 14, 2022

Market Update

Exports of GFT see sharp decline during Jul-Oct period

Cambodia's export of garments, footwear and travel goods (GFT) declined sharply during the last four months, wiping out the growth made in the first half of the year, according to GFT industry insiders. Ken Loo, secretary general of the Textile, Apparel, Footwear & Travel Goods Association in Cambodia, said that the exports during Jul-Oct period of this year came down by about 15% due to the drop in demand across the world. Loo said the decline in demand could continue till the first six months of next year, adding that Cambodia would have to work hard to remain competitive.

Cambodia's export of garments,...

December 13, 2022

Market Update

CSX index posts weekly gain of 0.42%

The CSX index rose for the third day straight, up 0.14% from the previous close to 474.21pts, posting a weekly gain of 0.42%. PPSP shares saw the biggest weekly gain, rising 0.8% from last Friday to end at KHR2,280. This is followed by ABC, which gained 0.6% over the week to finish at KHR10,580. Meanwhile, PPWSA and PAS shares edged up 0.3% from last Friday to KHR7,460 and KHR13,000, respectively. GTI shares posted a weekly loss of 1.0%, ending at KHR3,770, while PPAP closed the week 0.3% lower to KHR13,940.

The CSX index rose for the thi...

December 9, 2022

Market Update

Cambodian GDP is on 4.8% growth path in 2022

Cambodia's GDP is on the growth path of 4.8% in 2022 as the post-pandemic recovery expands, according to the World Bank's Cambodia Economic Update for Dec 2022. The economy is recovering well, but global headwinds could pose risks to a positive outlook in months to come, the report says. Cambodia's garment industry, travel goods and footwear exports have been resilient. The services sector, especially travel and tourism, has done well with total international visitor arrivals reaching 1.2 million in the first nine months of the year. Business and consumer confidence have risen and both domestic and foreign investment have increased. Economic growth is projected to accelerate further to 5.2% in 2023, but face serious risks due to gloomy global growth outlook next year (global trade growth slowed in 2H22, and is projected to slow sharply in 2023). Mariam Sherman, World Bank's Country Director for Myanmar, Cambodia and Lao PDR, said that in order to shield its economy from a possible drop in external demand, Cambodia could take steps to strengthen its fiscal position and promote its domestic economy.

Cambodia's GDP is on the growt...

December 8, 2022

Market Update

Cambodia churns out 4.85 tonnes of dore bar so far since Jun 2021

Cambodia has so far produced 4.85 tonnes of dore bars as of Dec 2 since the first commercial gold pour took place in Jun 2021, according to Minister of Mines and Energy Suy Sem. Four official gold producers are currently active. Australian-owned Renaissance Minerals (Cambodia) Ltd in the Okvau area of Mondulkiri province's Keo Seima district produced over 95% of the bars, weighing a total of 4.598 tonnes.

Cambodia has so far produced 4...

December 7, 2022

Market Update

South Korea looking to import Kampot fish sauce

South Korea is looking to import Kampot-style fish sauce from prominent maker E Chei Ngov Heng Food Production of Kampot, more commonly known as just Ngov Heng, after the Cambodia-Korea Free Trade Agreement (CKFTA) took effect on December 1, according to a commerce ministry statement.

South Korea is looking to imp...

December 5, 2022

Market Update

Investors urged to set up EV assembly plants

Even as some companies are planning to install EV charging stations across the country, the Minister of Public Works and Transport (MPWT) has urged investors in the private sector to invest in the establishment of electrical vehicle assembly plants, said a release by the ministry earlier this week.

Even as some companies are pla...

December 2, 2022

Market Update

Investment projects worth $460M approved in Q3

The Council for the Development of Cambodia (CDC) approved 52 fixed asset investment projects worth over $460 million in the third quarter of 2022, up 10.6 percent as compared to the same period last year.

The Council for the Developmen...

November 29, 2022

Market Update

Acleda Bank's market share unsatisfactory, despite profit

2022.11.25-Yuanta_Daily-Market-Update_-1669361550.pdf

2022.11.25-Yuanta_Daily-Market...

November 24, 2022