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FINANCE Monday 1st August

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PHNOM PENH: The CSX Index is currently at 473.44 Points down 2.54 Points or 0.53%

National bank of Cambodia Daily Exchange Rate is 4,100 KHR to the USD$ Now a look what else is happing in finance around the world.

Mr. Chen Jiangang, Chairman of the Board of Directors of SSEZ in a meeting with H.E. Ith Samheng, Minister of Labour and Vocational Training in Phnom Penh on July 28. Announced a Chinese firm plans to invest over US$300 million to construct a largest tyre plant at Sihanoukville Special Economic Zone (SSEZ) in Preah Sihanouk province in 2023

From January to June 2022, the export-import volume at SSEZ valuated at nearly US$1.4 billion.

SSEZ currently hosts 170 factories from the EU, United States, China, and the Southeast Asian region; and has generated some 30,000 jobs for the locals.

Council for the Development of Cambodia (CDC) has endorsed two new investment projects with a total capital of US$14.3 million in Kampong Speu and Kandal provinces. The projects are expected to create some 3,650 jobs.

Phnom Penh, July 31 2022 - Credit Bureau (Cambodia) Co., Ltd (CBC) has launched the first of its-kind advanced business intelligence tool in the country for member financial institutions to monitor credit risk levels across multiple geographies. Credit Risk Heat map is the latest solution from CBC that comes in the form of a dynamic and interactive map enabling C-level executives and senior managers from lending institutions to conveniently navigate their institution’s credit risk from one location to another.

Bitcoin rose 3.36% to $24,584.24, adding $798.93 to its previous close.

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