Techo International Airport scheduled to open on September 9, says SSCA

/ July 10, 2025


News Highlights

Economy and Industry

Techo International Airport scheduled to open on September 9, says SSCA The State Secretariat of Civil Aviation (SSCA) has announced that the Royal Government of Cambodia will open the Techo International Airport on September 9, 2025. Located in Kandal province, the world-class Class 4F facility is part of the government's long-term plan to strengthen Cambodia's aviation sector and establish the Kingdom as a regional transport hub. Built on a 2,600-hectare site, the airport can accommodate the world's largest aircraft, including the Airbus A380-800 and Boeing 747-800. It has received international acclaim, being named one of the 11 greatest architectural structures globally for its design and sustainability. The government holds a 10% stake in the project via the SSCA, while the Overseas Cambodian Investment Corporation (OCIC) owns the remaining 90%. Prime Minister Hun Manet confirmed that the historic Phnom Penh International Airport will not be sold and should remain for public benefit, especially for Phnom Penh residents. The new airport is expected to mark a major milestone in Cambodia's aviation history and boost the country's global connectivity. (Source: Khmer Times)

World Bank increases support for Cambodia's water infrastructure upgrade The World Bank (WB) has increased its commitment to Cambodia's water infrastructure by enhancing long-term investment strategies, providing technical assistance, and supporting the modernisation of the irrigation system. The WB delegation met with Hem Vanndy, Minister of Industry, Science, Technology and Innovation (MISTI), and Thor Chetha, Minister of Water Resources and Meteorology (MoWRAM), in Phnom Penh from July 7-8. Vanndy expressed appreciation for WB's support in legal and policy development and called for further collaboration to improve water regulation and infrastructure for long-term sustainability. Sotomayor reiterated the WB's commitment to Cambodia, pledging expanded technical assistance and sharing of global best practices to develop a more effective and climate-resilient water regulatory framework. The WB delegation also discussed long-term investment strategies, including public-private partnerships, to modernize water infrastructure, restore reservoirs, and upgrade irrigation systems. (Source: Khmer Times)

Cambodia and Korea strengthen economic ties with $1.9B in concessional loans Cambodia and the Republic of Korea have a strong economic partnership, with concessional loans from the Korea Economic Development Cooperation Fund (EDCF) reaching $1.9 billion over the past 15 years. The Cambodian Ministry of Rural Development has received financing for seven major projects worth over $400 million under the EDCF, contributing to the construction of over 1,700 kilometers of paved roads, 42 concrete bridges, and other essential infrastructure. The Cambodia-Korea development partnership was further strengthened following Prime Minister Hun Manet's official visit to Seoul in May 2024, where the Korean government committed to increasing concessional loans to Cambodia by up to $3 billion between 2022 and 2030. The concessional loans from Korea continue to play a critical role in supporting Cambodia's rural development, driving economic growth, and laying the foundation for a long-term vision of prosperity. (Source: Khmer Times)

Corporate News

JETOUR Cambodia launches special promotions in celebration of JETOUR AUTO's $1.5B listing on the Hong Kong Stock Exchange Jetour Cambodia, the exclusive distributor under KNN Cambodia Co., Ltd., has announced special limited-time pricing on select family SUV models to mark the milestone Initial Public Offering (IPO) of JETOUR AUTO on the Hong Kong Stock Exchange. The IPO raised an estimated USD 1.5 billion, showcasing robust investor trust and paving the way for further innovation and expansion in the international automotive industry. Jetour Cambodia is offering special limited-time pricing on select family SUV models, including the JETOUR X50, JETOUR DASHING ECO, and JETOUR X70 PLUS. The brand's success, particularly in the Middle East UAE, reflects strong worldwide confidence in JETOUR's commitment to deliver stylish, reliable, and versatile vehicles for modern drivers and families. Jetour Cambodia also offers a full lineup of the latest SUVs, including the JETOUR Traveller T2, JETOUR T1, JETOUR Dashing Premium, JETOUR Dashing Eco, JETOUR X50, JETOUR X70 Plus, and JETOUR X90 Plus. Each vehicle distributed by Jetour Cambodia comes with a comprehensive factory warranty of 5 years or 150,000 kilometers, covering genuine parts and software updates according to JETOUR's global standards. (Source: Kiripost)

Stock Market

CSX index rises 0.56% as gains on main board offset growth board losses On 10 July 2025, the CSX Index rose by 0.56%, closing at 404.0 points. On the Main Board, CGSM (+0.83%), GTI (+0.66%), ABC (+0.58%), and MJQE (+0.50%) posted gains, while PEPC (-0.38%) and PPAP (-0.15%) recorded losses. PPSP and PAS remained unchanged. On the Growth Board, DBDE and JSL declined by 0.49% and 0.36%, respectively. Total trading volume reached 78,183 shares, with a turnover of KHR 354 million. (Source: YSC Research)

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
405.83 0.56 78,183 10,885

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 6,540 0.00 0.93 2.83 6,580 6,340 86,674 569
GTI 6,100 0.66 -6.15 20.08 8,700 5,860 86,550 244
PPAP 13,360 -0.15 -1.62 -3.47 13,680 13,360 2,363 276
PPSP 2,100 0.00 -0.47 -3.23 2,130 2,100 92,212 151
PAS 12,000 0.00 -2.91 3.81 12,380 11,880 44,925 1,029
ABC 6,900 0.58 -0.29 -8.49 6,960 6,860 148,847 2,989
PEPC 2,640 -0.38 0.38 10.46 2,720 2,620 1,256 198
MJQE 2,000 0.50 -0.50 -3.85 2,030 1,990 281,789 648
CGSM 2,440 0.83 0.41 0.41 2,440 2,420 44,621 4,781
DBDE 2,030 -0.49 -0.98 -1.46 2,060 2,020 11,459 37
JSL 2,770 -0.36 0.36 -19.01 2,880 2,690 2,463 71
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 6.69 0.58 1.79 13.36
GTI 4Q24 48 7,057 127.08 0.86 0.73 23.17
PPAP 4Q24 2,550 22,115 5.24 0.60 1.63 3.29
PPSP 4Q24 220 3,866 9.56 0.54 2.84 5.01
PAS 4Q24 1,478 8,224 8.12 1.46 2.24 8.01
ABC 4Q24 1,140 13,790 6.05 0.50 0.91 NA
PEPC* 1Q25 -1,009 -17 NA -153.38 4.61 NA
MJQE 4Q24 37 307 53.88 6.52 3.95 12.02
CGSM 4Q24 52 606 46.91 4.02 6.82 16.17
JSL 4Q24 14 685 197.82 4.04 3.96 17.94
DBDE 4Q24 23 1,840 88.81 1.10 0.52 8.05
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% 2,388
ABC32B 0 0.0 - - KhAA Subordinated Bond 8.50% 2,430
CGSM33A 0 0.0 - - KhAAA Sustainability Bond SOFR +3% or 5.5% per annum, whichever is higher 3,050
CIAF28A 0 0.0 - - KhAAA N/A 6.30% Annually 1,254
CIAF30A 0 0.0 - - KhAAA Guaranteed Bond 5.60% 1,701
GT27A 0 0.0 - - N/A Plain Bond, Green Bond 7% per annum 879
PPSP29A 0 0.0 - - KhAAA Guaranteed Green Bond Term SOFR + 1.5% 1,441
RRC32A 0 0.0 - - N/A Plain Bond 7% Annually 2,649
RRGO27A 0 0.0 - - KhAAA Guaranteed Bond SOFR+3,5% or 5% per annum (take which one is higher) 896
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) 2,723
SNTD40A 0 0.0 - - N/A Green Infrastructure Bond 180-Day SOFR Average + 1.80% 5,375
SNTD40B 0 0.0 - - N/A Green Infrastructure Bond 180-Day Average SOFR + 1.60% (4.00% - 6.00%) 5,375
SNTD40C 0 0.0 - - N/A Green Infrastructure Bond 180-Day SOFR Average + 3.00% 5,375
Government Bonds

Historical Issuance Summary

  1 Y 2 Y 3 Y 5 Y 10 Y
Total issuance ('K units) 238.1 312.0 187.3 10.0 0.0
Outstanding (KHR'bn) 58.0 236.0 187.3 10.0 0.0
Issuance ('K units, Latest) 34.0 0.0 12.0 0.0 0.0
Coupon rate (Latest) 2.70% 3.20% 3.50% 4.75% 5.25%
Successful yield (Latest) 3.25% - 3.50% - -
Latest bidding 23-Apr-25 21-May-25 25-Jun-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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