Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Cambodia's Future Leaders Celebrated as Prime Minister Hun Manet Speaks at Asia-Europe University Graduation | The National Bank of Cambodia and Central Bank of Madagascar seal a partnership to enhance bilateral economic cooperation. | Minister of Health Delivers Lecture on Leadership and Innovation on "Methods of Critical Thinking – Part 2" | BREAKING: Takeo Provincial Court President Dismissed for Premature Release of Murder Convict | BREAKING: Samdech Hun Sen Announces Absence from Senate Plenary Session After Positive COVID-19 Test |
Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Cambodia's Future Leaders Celebrated as Prime Minister Hun Manet Speaks at Asia-Europe University Graduation | The National Bank of Cambodia and Central Bank of Madagascar seal a partnership to enhance bilateral economic cooperation. | Minister of Health Delivers Lecture on Leadership and Innovation on "Methods of Critical Thinking – Part 2" | BREAKING: Takeo Provincial Court President Dismissed for Premature Release of Murder Convict | BREAKING: Samdech Hun Sen Announces Absence from Senate Plenary Session After Positive COVID-19 Test |

FINANCE Tuesday 23rd August

  • Posted Aug 23, 2022 14:25 by Anthony Ellis
  • 2629
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PHNOM PENH: National bank of Cambodia Daily Exchange Rate is 4,103 KHR to the USD$ The CSX Index is currently at 471.51 Points down 1.27 Points or 0.27%

The Commercial Gambling Committee of Cambodia (CGCC) confirmed that state tax revenue from the industry reached just 8% of the amount required by budget law in the six months to 30 June 2022.

The sector was severely impacted by the global pandemic; here has been a significant decline in tax revenue.

NagaWorld operations in Phnom Penh, posted a net loss of $77.2 million during the second quarter in 2021, but reported a net profit of $52.7 million for the second quarter of 2022.

ABA Bank has recorded a, posting a half-yearly net profit of $130.57 million.

Wall Street ended sharply lower on Monday as investors fretted about a U.S. Federal Reserve gathering later this week.

All 11 S&P 500 sector indexes declined, led lower by consumer discretionary (.SPLRCD), down 2.84%, followed by a 2.78% loss in information technology (.SPLRCT).

Nvidia Corp (NVDA.O) dropped 4.6% and Amazon.com Inc (AMZN.O) fell 3.6%, while Microsoft Corp (MSFT.O) and Apple Inc (AAPL.O) each lost more than 2% as the benchmark 10-year U.S.

The S&P 500 declined 2.14% to end the session at 4,137.99 points.

The Nasdaq declined 2.55% to 12,381.57 points, while Dow Jones Industrial Average declined 1.91% to 33,063.61 points.

The Bitcoin price is $21,170.00, a drop of 0.70% over the past 24 hours

Brent crude was trading at $92.47 per barrel, with West Texas Intermediate changing hands for $87.01 per barrel.

Gold prices traded near one-month lows below $1,740 an ounce.

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