Cambodia Securities Exchange (CSX) has agreed to renew the “Liquidity Provider” (LP) status of Yuanta Securities (Cambodia) for the common stock Phnom Penh Autonomous Port (PPAP), according to an official announcement yesterday. The statement said the renewal will be valid for two years starting from Dec 21 this year with the exchange noting that Yuanta […]
Read MoreThe Logistics Business Association (LOBA) and European Cham-ber of Commerce and Industry (EACHAM) have signed a memorandum of understanding (MoU) towards improving trade investment and logistics between Cambodia and China. The agreement was signed “virtually” with both parties using Zoom to facilitate the signing event. Chandara Chea, president of LOBA, said: “Huge potential has been […]
Read MoreThe National Bank of Cambodia (NBC) will allow banks and financial institutions to continue loan restructuring until mid-2021, according to a letter sent to the Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) last week. Signed by NBC Governor Chea Chanto, the letter said, “I would like to inform you [ABC […]
Read MoreAsiatic Group (Holdings) Ltd (AGHL), a Singapore Exchange listed company, has started arbitration proceedings against the Phnom Penh Special Economic Zone Plc (PPSP) seeking a minimum of $14.4 million in relief over a disputed power supply contract. A disclosure document submitted by AGHL on Thursday stated, “on June 30 2020, the Electricity Authority of Cambodia […]
Read MoreSihanoukville Special Economy Zone Co Ltd (SSEZ), the developer and operator of Cambodia’s largest industrial zone in terms of size and occupancy, on November 16 reiterated its interest in listing on the Cambodia Stock Exchange (CSX), tapping into the capital market to raise more funds. Deputy Prime Minister Hor Namhong said this following a meeting […]
Read MoreThe COVID-19 pandemic triggered a precipitous drop of 78 percent in passenger traffic at Cambodia’s three international airports during the first 10 months of 2020 compared with 2019 figures, said a senior executive of the Cambodia Airports. “It has been a challenging situation as our airports and air connectivity play a critical role in the […]
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