News
Demand for Gold Rises as World Price Falls
Gold prices in Phnom Penh have plummeted by almost a quarter in the past six months as international prices dropped, sparking a rush on buying gold locally, traders said Tuesday. Gold was selling at $1,540 per damlung (26.67 damlung is equal to 1 kg of gold) ...
http://www.cambodiadaily.com/business/demand-for-gold-rises-as-world-price-falls-33097/
Cambodia Real Estate Could Benefit From QE3
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 ...
http://online.wsj.com/article/SB10001424127887323894704578106160673901682.html?mod=googlenews_wsj