Cambodia could see 7 to 10 companies on the stock exchange by the end of next year
PHNOM PENH—Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. More…
Foreign direct investment in Cambodia is set to surpass $1 billion this year
PHNOM PENH—Cambodia’s highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve’s latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior official at the country’s central bank said. More…
A woman counts Cambodian riel notes at a business in Phnom Penh
The stabilisation of the riel over the first half of this year is a reflection of increased confidence in using riel in the economy as well as improvements in the agricultural sector, according to economists and the National Bank of Cambodia (NBC).
The slowdown in the US economy has led to the depreciation of the dollar against other currencies, which has also been a contributor to the appreciation of the riel this year. More…
Cambodia Stock Exchange
April 18 (Bloomberg) — Phnom Penh Water Supply Authority surged 48 percent on its first day of trading on the Cambodian exchange, which opened today as the government seeks to lure foreign capital by selling shares in state-run companies. More…
Khmer Riel
Reposted from the Phnom Penh Post
By May Kunmakara
Cambodia’s currency, the Khmer riel, held its ground versus the US dollar in 2011, staying virtually unchanged year-on-year. More…
