BEIJING Chinese stocks closed lower Monday, with the benchmark Shanghai Composite Index down 1.08 percent, at 3,531.5 points. The Shenzhen Component Index cl
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Now the time to buy stocks, says CSX’s Ha
Mon, 11 January 2021
Now is a great time for the general public to buy shares on the Cambodia Securities Exchange (CSX) as the Kingdom show gradual signs of economic recovery from the impact of Covid-19, according to its vice-chairman Ha Jong-weon.
The World Bank in mid-December projected that Cambodia’s economy would rebound to four per cent growth this year following a 1.9 per cent contraction in 2020.
The CSX index ended 0.3 per cent higher on January 8, closing out the week at 640.17 points. That day, 216,446,470 riel ($53,000) worth of shares changed hands.
Shares of ACLEDA Bank Plc (ABC) rose 60 riel to reach 16,860, Phnom Penh Water Supply Authority (PWSA) inched up 20 riel to close at 6,100, and Phnom Penh Autonomous Port (PPAP) gained 80 riel to finish the day at 11,780.
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Garment workers have been largely affected by the slowdown in exports and closure of factories in 2020. Heng Chivoan
Can Cambodia rise on the wings of Asian economic recovery in 2021?
Thu, 7 January 2021
After a tough year, the Kingdom might be able to taste growth on the back of Asia’s expected leadership in global economic recovery
At the Sihanoukville port, Cambodia’s major entry point for overseas sea freights, cranes have sprung into action, clocking an average 28 moves per hour from 25 in 2019.
Mostly dormant in 2020, port activities improved just a month before the year closed, nudging gross throughput up a marginal 0.83 per cent from a year ago.
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ACLEDA Bank unveils new logo
Thu, 31 December 2020
ACLEDA Bank Plc, the first commercial bank to be listed on the Cambodia Securities Exchange (CSX), on December 31 officially launched its new logo after nearly 30 years of operation.
Speaking at the launch ceremony, president and CEO In Channy said the change was in line with the bank’s strategic mission perspective and global fintech development.
He said: “I officially launch the new ACLEDA Bank logo with our existing digital infrastructure and will continue to develop our services through the use of the latest technologies to make them more modern, more secure and easier for our community of customers – public or private – from all backgrounds, and maintain the highest quality in the banking and financial sector.”
Xinhua summary of Asia-Pacific stocks news at 1100 GMT, Dec 29 vietnamtribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamtribune.com Daily Mail and Mail on Sunday newspapers.