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Golden Tree Co Ltd (GT), the real estate firm behind the Cambodia Securities Exchange’s (CSX) first “green bond”, posted total revenues of 3.024 billion riel – or $740,364 – for the first quarter (Q1) of its 2023 financial year, ended March 31, down 1.99 per cent year-on-year as the global economic downturn hammered the real estate and construction sector.

Two regulators are set to collaborate with the real estate sector on bringing securities and trusts to the mainstream, highlighting their potential, creating and introducing new products into the non-bank financial marketplace, and instilling confidence among local and foreign investors.