Up to 100 job forums per day to aid returning workers starting next week

/ August 13, 2025


News Highlights

Economy and Industry

Up to 100 job forums per day to aid returning workers starting next week The Ministry of Labour and Vocational Training in Cambodia is planning to schedule daily job forums across all 25 capital-provinces to provide employment information to migrant workers who have returned from Thailand. The ministry has urged factory and company owners and managers to participate in the forums, which will begin on August 20. The ministry will also launch the third round of its commune/sangkat campaign, which will register job seekers and conduct recruitment interviews in 80 to 100 communes per day. In the second round of the job forum campaign, 305 forums were organized, bringing over 110,000 job opportunities to the public and hiring 16,824 people. In this 10-day period, more than 60,000 jobs were filled for returnees from Thailand. (Source: Phnom Penh Post)

CDC project approvals outpace 2024 by July Cambodia has approved nearly 70 investment projects with a total capital of almost $950 million, bringing the total number of approved projects in the first seven months of 2025 to 440. The Cambodian Investment Board (CIB) under the CDC approved 67 projects in July, with a total investment value of around $944 million, potentially creating around 57,000 jobs. 43 projects are located outside Special Economic Zones (SEZs), while 24 are within SEZs. The total investment capital reached $6.7 billion, up $3 billion or 84% year-on-year. The growth of factories and enterprises coincides with the return of hundreds of thousands of skilled Cambodian workers from Thailand. The government has repeatedly urged Cambodian workers in Thailand to return home, claiming that domestic jobs offer greater benefits than working abroad. Workers in Cambodian factories can earn around $300 per month, including minimum wage, benefits, and overtime pay. (Source: Phnom Penh Post)

Cambodia launches official durian exports to China via air Cambodia has successfully exported two tonnes of durians to China via Air Cambodia, marking a significant milestone in the country's fresh fruit export sector. The durians were exported by King of Durian Farm Community, whose founder and CEO, Khim Bunlene, expressed optimism about the future of the Cambodian durian market. Bunlene believes this achievement will attract more investors to evaluate Cambodia's durian quality for future export to China. He called for diversified and strategic task forces under the full empowerment of the government and inter-ministries to ensure inclusive development and growth in the sector. Bunlene aims to diversify exports beyond China to markets such as Europe, but he pointed out challenges with complex export documentations and urged the government to simplify procedures and reduce costs. Air Cambodia's support ensures low cost and fast transportation, making Cambodia's durians the fifth fresh fruit to gain direct access to the Chinese market. The official export began after Cambodia gained official approval from the General Administration of Customs of China to export durians directly to the Chinese market on July 4, after secure inspection of 112 durian plantations and 30 packing plants. (Source: Kiripost)

Corporate News

Wingmall waives fees to boost local buyers and vendors Cambodia's homegrown e-commerce platform, Wingmall, has launched a national campaign to expand digital opportunities for small merchants and everyday consumers. The campaign comes amid economic uncertainty and regional challenges, such as the recent displacement of families along the Thai-Cambodian border. Wingmall was initially developed during the Covid-19 pandemic to help Cambodian merchants stay connected with their customers and communities. Today, the platform aims to provide more inclusive tools, better service, and broader reach to communities across the country. Wingmall stands as a symbol of Khmer innovation and resilience, offering a 100% commission-free model, allowing Cambodian merchants complete control over their storefronts, pricing, and profits. The campaign focuses on three priorities: enabling more merchants to earn independently, providing transparent pricing, accessible products, and delivery without inflated costs, and expanding to underserved areas. Wingmall is the only e-commerce platform 100% owned and built in Cambodia, a point of national pride in an increasingly globalized digital landscape. (Source: Phnom Penh Post)

Stock Market

CSX rises 0.15% as PEPC leads gains On 13 August 2025, the CSX Index rose by 0.15%, closing at 406.2 points. On the Main Board, PEPC (+3.85%), MJQE (+0.50%), and CGSM (+0.41%) posted gains, while PPAP (-0.59%), GTI (-0.56%), PPSP (-0.48%), PWSA (-0.32%), and ABC (-0.29%) recorded losses. PAS remained unchanged. On the Growth Board, DBDE and JSL fell by 0.50% and 0.36%, respectively. Total trading volume reached 51,102 shares, with a turnover of KHR 243 million. (Source: YSC Research)

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
406.19 0.15 51,102 10,894

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 6,180 -0.32 0.00 -2.83 6,200 6,160 57,239 537
GTI 7,040 -0.56 6.67 38.58 7,080 6,000 42,892 282
PPAP 13,520 -0.59 0.00 -2.31 13,840 13,340 2,592 280
PPSP 2,080 -0.48 -1.89 -4.15 2,130 2,080 308,617 150
PAS 12,040 0.00 -0.50 4.15 12,160 11,960 4,652 1,033
ABC 6,840 -0.29 -0.87 -9.28 6,920 6,840 153,783 2,963
PEPC 2,700 3.85 0.00 12.97 2,710 2,600 997 202
MJQE 2,000 0.50 0.50 -3.85 2,000 1,980 74,608 648
CGSM 2,450 0.41 0.41 0.82 2,450 2,430 24,125 4,800
DBDE 1,990 -0.50 -1.00 -3.40 2,030 1,990 16,040 37
JSL 2,770 -0.36 -0.36 -19.01 2,810 2,690 1,929 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 1Q25 665 11,199 9.30 0.55 1.66 15.44
GTI 1Q25 55 7,057 127.42 1.00 0.85 42.93
PPAP 1Q25 2,951 22,115 4.58 0.61 1.57 3.95
PPSP 1Q25 468 3,866 4.44 0.54 1.49 4.33
PAS 1Q25 1,212 8,224 9.94 1.46 8.73 7.64
ABC 1Q25 544 13,790 12.57 0.50 4.33 NA
PEPC* 1Q25 -88 -17 NA -156.86 13.40 NA
MJQE 4Q24 37 307 53.88 6.52 3.95 12.02
CGSM 1Q25 26 606 93.12 4.04 6.94 16.73
JSL 1Q25 -8 685 NA 4.04 7.45 28.54
DBDE 1Q25 -12 1,840 NA 1.08 0.39 73.56
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% 2,354
ABC32B 0 0.0 - - KhAA Subordinated Bond 8.50% 2,396
CGSM33A 0 0.0 - - KhAAA Sustainability Bond SOFR +3% or 5.5% per annum, whichever is higher 3,016
CIAF28A 0 0.0 - - KhAAA N/A 6.30% Annually 1,220
CIAF30A 0 0.0 - - KhAAA Guaranteed Bond 5.60% 1,667
GT27A 0 0.0 - - N/A Plain Bond, Green Bond 7% per annum 845
PPSP29A 0 0.0 - - KhAAA Guaranteed Green Bond Term SOFR + 1.5% 1,407
RRC32A 0 0.0 - - N/A Plain Bond 7% Annually 2,615
RRGO27A 0 0.0 - - KhAAA Guaranteed Bond SOFR+3,5% or 5% per annum (take which one is higher) 862
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) 2,689
SNTD40A 0 0.0 - - N/A Green Infrastructure Bond 180-Day SOFR Average + 1.80% 5,341
SNTD40B 0 0.0 - - N/A Green Infrastructure Bond 180-Day Average SOFR + 1.60% (4.00% - 6.00%) 5,341
SNTD40C 0 0.0 - - N/A Green Infrastructure Bond 180-Day SOFR Average + 3.00% 5,341
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 18.0 0.0
Outstanding (KHR'bn) 0.0 0.0 0.0 0.0 0.0
Issuance ('K units, Latest) 34.0 0.0 12.0 8.0 0.0
Coupon rate (Latest) 2.70% 3.20% 3.50% 4.34% 5.25%
Successful yield (Latest) 3.25% - 3.50% 5.00% -
Latest bidding 23-Apr-25 21-May-25 25-Jun-25 45,861 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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