In the post-epidemic era, Cambodia’s financial market has sprung up

Titan Stone Research
The year of the Covid-19 pandemic has passed, and many countries’ economic activities have been severely hit, and Cambodia is no exception. However, due to the setbacks of the overall environment, the Cambodian financial market has sprung up and delivered a beautiful report card. Despite the epidemic, the stock market will perform well in 2020 After 2020, with Covid-19 as the representative word, many industries around the world, such as tourism, aviation, etc., have been hit hard. Cambodia's economy can't escape its fate. The economic performance in 2020 will plunge, and the economic growth rate will go from 7% in the past to negative growth in 2020. Even if all industries are affected, the Cambodian stock market is active. According to a report from the Cambodia Stock Exchange, the daily…
Read More

Coca-Cola price increase! The global inflation may begin

Titan Stone Research
A few days ago Coca-Cola announced a price increase next year, and other world-renowned companies have also issued announcements about product price increases. Not only did food companies adjust their prices, but the agricultural product price index also broke new highs in recent years. Does this mean that the clarion call for future inflation has sounded? World-renowned manufacturers have raised their prices Coke is an indispensable drink in European and American countries, and some countries even drink more Coke than water. A few days ago, Coca-Cola launched a shock bomb, and decided to increase the price of some products due to increased costs. Although it has not been stated whether Coke will be adjusted upwards, it has attracted market attention. In addition, Baoqiao (P&G), a major consumer goods manufacturer, also…
Read More

Cambodia’s digital currency development is the second in the world

Titan Stone Research
In response to the rise of mobile payments and Bitcoin, central banks have begun to consider the possibility of issuing central bank digital currencies (CBDC). In terms of the development of digital currencies by global central banks, Cambodia's digital currency maturity ranks second in the world. Cambodia's CBDC development, second in the world PWC, an internationally renowned accounting firm, released the "Global CBDC Index" report, which pointed out that in the development of retail CBDC, Cambodia ranks second in the world. Bahamas ranks first. Cambodia’s CBDC is called Bakong. Both CBDC have been officially issued. The third-placed China is still in the experimental stage and only tested in a few cities. According to a Bloomberg report, 60 central banks around the world have begun to study CBDC. Central banks of…
Read More