Category: Titan Stone Research

The recent news of more and more people being trafficked to Cambodia by fraudulent syndicates has discouraged people from working overseas and has brought Cambodia to the forefront of everyone's mind. The overwhelming media coverage has given many people an extremely bad first impression of Cambodia. Cambodia is equated with human trafficking, as if the country is all about crime. But is this the real Cambodia? Or is the media using the heat to demonize a developing country that many people are not familiar with? If it weren't for the media coverage these past few weeks, I'm sure some people wouldn't know where Cambodia is or have even heard of the country. On the contrary, Angkor Wat is known as a world heritage site, the place where the internationally renowned…

The recent news of more and more people being trafficked to Cambodia by fraudulent syndicates has discouraged people from working overseas and has brought Cambodia to the forefront of everyone's mind. The overwhelming media coverage has given many people an extremely bad first impression of Cambodia. Cambodia is equated with human trafficking, as if the country is all about crime. But is this the real Cambodia? Or is the media using the heat to demonize a developing country that many people are not familiar with? If it weren't for the media coverage these past few weeks, I'm sure some people wouldn't know where Cambodia is or have even heard of the country. On the contrary, Angkor Wat is known as a world heritage site, the place where the internationally renowned…

The Cambodian government has spared no effort in the development of digital currency. After its digital currency Bakong is launched in 2020, it will not only receive support from the domestic banking community. This year, it has attracted the attention of countries such as Japan and Malaysia. Cambodia's digital currency will also become more and more influential in the international arena. Cambodia Pioneer in the investment of national digital currency In recent years, because of blockchain technology, it has broken through the dilemma of currency encryption technology and strengthened the development of national digital currency. According to a report by PWC, a world-renowned accounting firm, the Bahamas, China and Cambodia are the three countries with the best retail digital currency development. The Central Bank of Cambodia chose to cooperate with…

Both Europe and China were hit by floods this month, causing serious casualties and economic losses. In recent years, droughts, floods... and other natural disasters have continued, mostly due to extreme weather. The climate is becoming more and more unstable, which may severely hit the global economy. Natural disasters continue to suffer in many countries around the world Recently, western European countries and China have experienced torrential rains. One month or one year of rainfall in the disaster area caused floods, causing serious casualties and property losses. In the first half of this year, the United States caused a fire in California due to a high temperature and heat wave, causing $30 billion in economic losses. According to data from the National Oceanic and Atmospheric Administration (NOAA), the average temperature…

In 2020, most industries around the world were hit by the new crown pneumonia pandemic, the market fell avalanche, the people's livelihood and the economy were sluggish, and the Cambodian economy did not perform as expected. In the face of the cold winter in various industries, the insurance industry has performed beautifully. [caption id="attachment_2103" align="alignnone" width="1280"] Photographer：Olya Kobruseva[/caption] In the adversity of the epidemic, the insurance market is still growing According to the International Monetary Fund (IMF) report, Cambodia's GDP will decline by 3.5% in 2020. The epidemic has severely hit many industries in Cambodia, but the insurance industry has grown against the trend in a severe environment. The latest information released by the Insurance Association of Cambodia pointed out that last year, Cambodia’s overall insurance premiums increased by 7.3%…

Before the epidemic, digital payments had been popular for many years. Last year, the new crown pneumonia pushed up the number of users of digital payments, which in turn led to the acceleration of the development of digital currencies. However, countries have completely different views on digital currencies. Is it necessary to develop digital currencies? [caption id="attachment_2093" align="alignnone" width="1200"] Photo by Bermix Studio on Unsplash[/caption] Many countries around the world have invested in digital currency development The popularity of digital payments and the rising prices of cryptocurrencies, coupled with the epidemic has fueled the flames, many governments or central banks around the world have invested in the development of digital currencies, or increased their schedule. According to a report by PWC, the top three countries developing retail digital currencies are…

The Cambodian stock market performed well in the first quarter. Amidst the decline of most industries, a group of companies stood alone and grew against the trend. Why did the Cambodian stock market achieve such a result? The financial industry is most favored by foreign capital The Cambodian financial industry has always been loved by foreign investors and has been the first in all industries to receive foreign direct investment in recent years. According to information from the Central Bank of Cambodia, the manufacturing industry was still in command in 2014 and 2015, receiving the most funds from the net FDI inflow industry, but it has gradually shifted its focus to the financial industry. In 2016, the financial industry received the most foreign investment and officially ranked first in FDI…

Affected by the epidemic, global foreign direct investment (FDI) has declined by 40%, which has also affected Cambodia's economic development. Construction and real estate were also hit, with FDI falling by 10.8% year-on-year. Is the Cambodian real estate market, which is loved by foreign investors, entering an industrial ice age? [caption id="attachment_2074" align="alignnone" width="1200"] Photo by Paul Szewczyk on Unsplash[/caption] The global FDI recession, Cambodia only slightly reduced The world is affected by the new crown pneumonia epidemic, not only the economy is shut down, but foreign direct investment has also plummeted by more than 40%. According to the United Nations Conference on Trade and Development (UNCTAD) report, global FDI fell by 42% last year to only US$859 billion. Such a low amount only appeared in the last century and…

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…

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…