News

Local gold sales spike following Brexit vote

Local shops dealing in gold reported a surge in activity following the United Kingdom’s vote on Friday to leave the European Union – a decision that pushed international gold prices up sharply as worried investors sought a safe-haven asset. ...

Hor Kimsay
http://www.phnompenhpost.com/business/local-gold-sales-spike-following-brexit-vote

Trading Floor Silent Two Years After CSX Launch

It is almost two years to the day since Cambodia’s stock market launched in Phnom Penh in front of proud government officials, senior financiers and eager investors from across the region. Initial expectations were that a total of three state-owned firms would be listed within six ...

Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/business/trading-floor-silent-two-years-after-csx-launch-35211/

Donors Mum On Aid Forum Postponement

Cambodia’s foreign donors are staying largely mum about the government’s decision to indefinitely  high-level aid meeting, though one donor conceded that the move had caught it off guard. Economists also said yesterday that a delay in holding the donor meeting would have little effect, but ...

Figures Reveal Inflation Increase

CAMBODIA’S prices were 7 percent higher at the end of June compared to the month in 2010, according to National Institute of Statistics official Sim Ly yesterday. Although the organisation was still preparing to release the official figures, Sim Ly said the figures would also ...

http://www.phnompenhpost.com/index.php/2011082351198/Business/figures-reveal-inflation-increase.html

Inflation rates driven by increases in food prices

The Kingdom’s consumer price index tracked a 1.4 percent increase in May over April, according to National Institute of Statistics’ latest figures. Prices at the end of May were 6.5 percent higher than the same date the year previous, the figures show. Experts said Cambodia’s ...

http://www.phnompenhpost.com/index.php/2011070650211/Business/inflation-rates-driven-by-increases-in-food-prices.html

Inflation Report To Be Delayed Official Says

With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...

Central bank mulls its inflation response

Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising ...

http://www.phnompenhpost.com/index.php/2011080250793/Business/central-bank-mulls-its-inflation-response.html

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