Hundreds of new electric vehicle chargers planned for Cambodia, potentially launching by 2026

/ November 18, 2025


News Highlights

Economy and Industry

Hundreds of new electric vehicle chargers planned for Cambodia, potentially launching by 2026 The Electricity Authority of Cambodia plans to deploy hundreds of electric vehicle charging stations across the country by early 2026, with 30 new stations anticipated by the end of 2025. Each province will have at least 2 to 3 charging stations. Currently, only four companies have licenses for these stations, and Mr. Yim Viseth, head of the authority, encourages unlicensed establishments to apply for legal status to benefit from lower electricity prices. For those licensed, the cost of charging is regulated, with fines and potential license withdrawal for non-compliance. Charging prices are set at 1,050 riel/kWh for AC, 1,350 riel/kWh for DC Fast Charge, and 1,450 riel/kWh for Super-fast Charge, monitored by a national app to ensure compliance. (Source: Khmer Times)

Cambodia's trade deficit with Vietnam Shrinks by one-third The trade imbalance between Cambodia and Vietnam has significantly reduced, with a deficit of just over $300 million in the first ten months of the year, down from nearly $400 million the previous year. Bilateral trade for this period reached $6.58 billion, up 1.3% from 2024. Cambodian exports to Vietnam rose by 3% to $3.14 billion, while imports dropped slightly by 0.2% to $3.44 billion. Cambodia's trade deficit with Vietnam decreased from $398.4 million last year to $301.98 million this year. Vietnam accounted for 12.53% of Cambodia's total trade, making it the third-largest trading partner. Economists attribute the narrowing gap to increased agricultural output, better manufacturing, and diversification of imports. The two countries reaffirmed their commitment to enhancing cooperation in trade and tourism, focusing on key sectors like agriculture and logistics for mutual economic growth. (Source: The Phnom Penh Post)

Cambodia and Sri Lanka discuss new avenues for trade and investment Both Cambodian and Sri Lankan business leaders have engaged in discussions to enhance trade and investment, particularly in sectors like manufacturing, logistics, construction, energy, tourism, and services. The meeting, led by Kith Meng from the Cambodia Chamber of Commerce and Tilak Gunawardana from the Sri Lanka-Greater Mekong Business Council, emphasized the private sector's role in economic growth and bilateral cooperation. Meng advocated for joint ventures and highlighted Cambodia's economic stability and infrastructure potential, inviting Sri Lankan Airlines to consider direct flights to boost tourism and trade. Gunawardana expressed interest in Cambodia's economic opportunities and extended an invitation for a Cambodian delegation to visit Sri Lanka. (Source: Khmer Times)

Corporate News

MB Bank (Cambodia) to enhance Cambodia-Vietnam remittance network with upcoming Kampong Cham Branch MBCambodia, a subsidiary of MB Group, has announced the opening of a new branch in Kampong Cham Province on November 15, 2025. This expansion into a key economic region positions MBCambodia to serve local customers, particularly in the agro-industry sector, and enhances its role in cross-border commerce with Vietnam. The branch will provide a variety of commercial banking services including instant money transfers to Vietnam with zero service fees for receiving funds and low fees for other transactions. MBCambodia will also launch promotional programs to celebrate the grand opening. Customers can expect updates via the bank's official website and social media. (Source: The Phnom Penh Post)

Stock Market

CSX edges up as PPAP and MJQE lead gains On 18 November 2025, the CSX Index rose 0.22% to close at 412.1 points. On the Main Board, PPAP (+0.88%), MJQE (+0.51%), CGSM (+0.40%), and PEPC (+0.39%) recorded gains, while PAS (-0.16%) posted a loss. PWSA, GTI, PPSP, and ABC remained unchanged. On the Growth Board, DBDE rose 0.47%, while JSL remained unchanged. Total trading volume reached 130,842 shares, with a turnover of KHR 797 million. (Source: YSC Research)

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
412.1 0.22 130,842 11,053

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 6,200 0.00 0.65 -2.52 6,220 6,140 35,352 539
GTI 7,040 0.00 -0.28 38.58 7,120 6,980 38,135 282
PPAP 13,800 0.88 2.07 -0.29 13,800 6,220 6,355 285
PPSP 2,060 0.00 0.49 -5.07 2,070 2,030 186,074 148
PAS 12,260 -0.16 0.99 6.06 12,280 12,080 4,264 1,052
ABC 7,000 0.00 3.55 -7.16 7,180 6,740 489,802 3,032
PEPC 2,600 0.39 3.59 7.44 2,650 2,500 1,708 195
MJQE 1,980 0.51 0.00 -4.81 1,980 1,960 92,621 642
CGSM 2,490 0.40 1.22 2.47 6,220 2,430 37,977 4,879
DBDE 2,130 0.47 5.45 3.40 2,130 2,000 12,846 39
JSL 2,700 0.00 -3.23 -21.05 2,840 2,650 5,057 69
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 2Q25 827 11,622 7.49 0.53 1.69 14.88
GTI 2Q25 29 7,023 241.59 1.00 0.86 39.69
PPAP 1Q25 2,951 22,115 4.68 0.62 1.60 4.02
PPSP 2Q25 735 4,376 2.80 0.47 0.94 2.08
PAS 1Q25 1,212 8,224 10.12 1.49 2.21 7.74
ABC 2Q25 1,460 14,410 4.79 0.49 0.84 NA
PEPC* 3Q25 -1,445 -1,303 NA NA 3.11 NA
MJQE 2Q25 45 340 43.83 5.82 3.87 12.70
CGSM 2Q25 25 618 101.35 4.03 7.11 19.70
JSL 2Q25 -82 492 NA 5.48 19.98 33.78
DBDE 2Q25 147 1,933 14.53 1.10 0.33 7.44
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% 2,257
ABC32B 0 0.0 - - KhAA Subordinated Bond 8.50% 2,299
ABC32C 0 0.0 - - khAA Subordinated Bond 7.50% p.a. 2,490
CGSM33A 0 0.0 - - KhAAA Sustainability Bond SOFR +3% or 5.5% per annum, whichever is higher 2,919
CIAF28A 0 0.0 - - KhAAA N/A 6.30% Annually 1,123
CIAF30A 0 0.0 - - KhAAA Guaranteed Bond 5.60% 1,570
GT27A 0 0.0 - - N/A Plain Bond, Green Bond 7% per annum 748
PPSP29A 0 0.0 - - KhAAA Guaranteed Green Bond Term SOFR + 1.5% 1,310
RRC32A 0 0.0 - - N/A Plain Bond 7% Annually 2,518
RRGO27A 0 0.0 - - KhAAA Guaranteed Bond SOFR+3,5% or 5% per annum (take which one is higher) 765
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) 2,592
SNTD40A 0 0.0 - - N/A Green Infrastructure Bond 180-Day SOFR Average + 1.80% 5,244
SNTD40B 0 0.0 - - N/A Green Infrastructure Bond 180-Day Average SOFR + 1.60% (4.00% - 6.00%) 5,244
Government Bonds

Historical Issuance Summary

  1 Y 2 Y 3 Y 5 Y 10 Y
Total issuance ('K units) 238.1 312.0 384.8 18.0 0.0
Outstanding (KHR'bn) 58.0 208.0 384.8 18.0 0.0
Issuance ('K units, Latest) 34.0 0.0 157.5 8.0 0.0
Coupon rate (Latest) 2.70% 3.20% 3.40% 4.34% 4.60%
Successful yield (Latest) 3.25% - 3.90% 5.00% -
Latest bidding 23-Apr-25 21-May-25 22-Oct-25 45,861 45,889
*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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