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.

Economy & Industry

Garment sector sees robust growth despite wage increase

Cambodia’s garment sector growth remained healthy despite increased wages for workers, Minister of Labor Ith Sam Heng said at an event commemorating International Labor Day yesterday. According to the minister, the sector employs 750,000 workers and pays $2bn in salaries annually, with the minimum wage increasing by nearly 10% to $153 a month...

Cambodia’s garment sector gr...

May 2, 2017

Market Update

Monthly Market Summary

Shares in Phnom Penh Water Supply Authority (PPWSA) ended the month up 0.50% to KHR4,040 (-1.46% YTD). The volume trading in April came to 20,455 shares. Based on the last close and 2016 earnings, the stock is trading at P/E of 6.96x.

Shares in Phnom Penh Water Sup...

April 28, 2017

Coporate News

GE signs sales agreement for 135Mw coal plant

US-based General Electric (GE) signed a sales agreement yesterday to supply parts to the new 135-megawatt coal-fired plant in Preah Sihanouk province that is being constructed by a subsidiary of Toshiba...

US-based General Electric (G...

April 27, 2017

Economy & Industry

ADB provides $9.2mn in loan for solar farm in Cambodia

The Asia Development Bank (ADB) announced yesterday that it will provide a $9.2mn loan to Singapore-based energy provider Sunseap Group that plans to build a large-scale solar farm in Bavet. In its press release, the ADB said the loan would take the form of a debt financing package that was co-financed by an unnamed private sector institution...

The Asia Development Bank (ADB...

April 26, 2017

Coporate News

Railway firm eyes Cambodia

Chinese locomotive and railway equipment giant CRRC Zelc is to conduct a feasibility study into the investment potential of Cambodia to help improve the kingdom’s railway system while contributing to the One Belt One Road initiative.

Chinese locomotive and railway...

April 25, 2017

Economy & Industry

Farmers urged to grow chemical-free vegetables

At a workshop last Friday, in which officials from the Agricultural Ministry, NGOs, and farming organizations exchanged ideas on boosting the domestic vegetable market, farmers were urged to reduce their reliance on pesticides in order to address the concerns of consumers who are worried about high levels of chemicals...

At a workshop last Friday, in...

April 24, 2017

Coporate News

Sihanoukville port officially announces date for IPO

Sihanoukville Autonomous Port (PAS), the Kingdom’s only deep-sea port, has officially announced its initial public offering (IPO) on the Cambodia Securities Exchange (CSX), and will launch its six-day book building and...

Sihanoukville Autonomous Port ...

April 21, 2017

Coporate News

Vietnam’s Virtue Resources to invest in massive casino

Vietnamese investment firm Virtue Resources plans to build a massive $200mn mixed-use development that includes a hotel, casino, and water park in the Cambodian border town of Bavet through its fully owned Malaysian subsidiary, a government official confirmed yesterday...

Vietnamese investment firm Vir...

April 20, 2017

Economy & Industry

Rice exports grow 3% YoY in 1Q17

Cambodian rice exports grew only 3% YoY in 1Q17 despite double-digit growth in January and February due to a dramatic decline in March. According to the Ministry of Agriculture, Cambodia exported a total of 166,678 tonnes in 1Q17, up from 162,220 in 1Q16...

Cambodian rice exports grew on...

April 19, 2017

Economy & Industry

Unseasonable rainfall a glimpse into future farming woes

Record low temperatures and unseasonable rainfall over Khmer New Year holiday were an occurrence that had never been seen before, and were believed to be a glimpse into the potential, intensifying effects of climate...

Record low temperatures and un...

April 18, 2017