Category Archives: Market

Asian Markets Begin the Week on Major Upswing

The indexes in Hong Kong and Shanghai are leading Asia’s huge rally in equities trading Monday as investors ignore multiple crises around the world. The Hang Seng in Hong Kong is up 3.3% in late afternoon trading, while Shanghai is

Philippines Allows Soft Post-Lockdown Reopening to Avert Dire Economic Fall

TAIPEI, TAIWAN – The Philippine government lifted some of its strictest coronavirus containment measures Monday in what observers called a bid to salvage an economy battered by unemployment and new signs of poverty. Most businesses were allowed to re-open and

World Bank Outlines Two Scenarios for Cambodian Economy

The World Bank expects Cambodian economic activity to shrink 1 percent this year before rebounding 6 percent next year under its baseline scenario for the country. Under this scenario, contained in the bank’s biannual update for Cambodia released Friday, agriculture

Japan to Grant US$22.73 Million to Support Cambodia’s Health and Education Sectors

Government of Japan is planning to provide a grant aid of 2.501 million yen, or US$22.73 million, to support the areas of education and health in Cambodia. The good news was shared by H.E. Mikami Masahiro, Japanese Ambassador to Cambodia,

Vietnamese Military Shelters Remain in Disputed Border Area Despite Cambodian Diplomatic Protest

Vietnam has yet to dismantle a string of military shelters set up in a disputed area along its border with Cambodia more than a week after Phnom Penh lodged a diplomatic protest through its embassy in Hanoi, Cambodian Ministry of

A Pedestrian Bridge to be Constructed at Tram Knar Market

Ministry of Public Works and Transport (MPWT) is planning to construct a pedestrian bridge shortly at the area of Tram Knar market along the National Road No. 3, between the provinces of Takeo and Kampong Speu. The update was shared

Nests of Endangered Ibis Found

Ten nests of White-shouldered Ibis, considered as the most endangered animal, have been found at the northeastern Rattanakiri province. The team of BirdLife International Cambodia Programme, according to its recent press release, spotted the nests of the rare bird and

SECC, CCC Sign MoU on Promoting Securities Sector

Securities and Exchange Commission of Cambodia (SECC) and Cambodia Chamber of Commerce (CCC) have reached a memorandum of understanding (MoU) on cooperation on Raising Awareness and Promoting the Participation of Company in Cambodia Securities Sector. The MoU was signed on

Cambodia Consumes Some 570 Tonnes of Veggies Per Day

Amount of vegetable consumption in Cambodia is at a high record as the government has urged for the increase of chemical-free vegetable production to supply domestic demand and reduce imports. Figures from the Ministry of Agriculture, Forestry, and Fisheries show

Cambodia, IRRI Partner to Modernise and Accelerate Rice Sector

Ministry of Agriculture, Forestry and Fisheries and the International Rice Research Institute (IRRI) have partnered to strengthen the cooperation in modernising and enhancing the rice sector. The agreement on the four-year Collaborative Work Plan for 2020-2023 was signed here in