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B2B Asia News
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This is a B2B Asia News Daily Update for 23 February 2026, reviewing regional and global markets, and covering the daily business news you shouldn’t miss.
Watch the video in English above.
- We start with a quick look at regional markets. Asian stocks rose while the dollar fell Monday, after the US Supreme Court struck down a large part of U.S. President Donald Trump's tariff policy that sent shockwaves through the global economy last year.
- Hong Kong’s Hang Seng Index rose 2.5%.
- South Korea’s Kospi closed at a record high. Taiwan’s Taiex added nearly 2%.
- Singapore’s FTSE Straits Times Index notched its second successive intraday record.
- Mainland Chinese and Japanese stock markets were shut for holidays.
- Zooming in on Cambodia’s market—the Cambodia Securities Exchange Index was down 1.38 points or 0.32%, to 426.02.
- Total trade volume was up with 93,047 shares changing hands at a total value of 516.1 million riel, or over $129,000 US dollars.
- On the main board, four stocks were up, led by Phnom Penh Water Supply Authority, while two stocks were down, with CAMGSM as the biggest loser of the day.
- Over on the growth board, DBD Engineering and Picasso City Garden stayed flat, while JS Land was down.
- Shifting to the exchange rate, the KHR strengthened to 4,017 riel per US Dollar, while the US Dollar fell slightly to 97.65.
- Turning to global commodities, oil prices fell about 1% on Monday as the U.S. and Iran prepared for a third round of nuclear talks, easing fears of an escalating conflict. Brent crude futures were trading around $71 US dollars a barrel, while U.S. WTI crude futures were at $65.75 US dollars a barrel. (0641 GMT)
- Gold prices rose over 1% to a three-week high. Spot gold was up 0.9% at $5,146.89 US dollars per ounce.
- U.S. gold futures for April delivery were up 1.7% at $5,167.90 US dollars. (1010 GMT)
- Looking at the crypto market, Bitcoin rebounded from $64,400 dollars to above $66,000 US dollars. The move higher comes amid continued uncertainty surrounding President Trump’s proposed tariffs and U.S. tensions with Iran, factors that have weighed on broader risk sentiment.
- Moving on now to other business-related news:
- The National Bank of Cambodia (NBC) officially announced on February 23 that Panda Commercial Bank Plc.’s licence has been terminated, and local audit company, Morison Kak & Associates, will be overseeing the bank's liquidation process. Panda Commercial Bank is now suspended from providing any banking services, including accepting deposits and issuing new loans. Morison Kak & Associates previously also oversaw the liquidation of Prince Bank.
- Électricité de France, the French state-owned energy giant, has announced its intention to invest in a major 800-megawatt (MW) hydropower project in Cambodia, with total capital investment exceeding $1.2 billion US dollars. This announcement was made during a meeting between H.E. Vongsey Vissoth and a visiting delegation from the EDF.
- The Indian Embassy in Phnom Penh and the Cambodia Association of Travel Agents (CATA) convened a high-level meeting on February 20 to aggressively expand tourism and travel trade between the two nations. The meeting brought together a powerhouse of government officials and private sector leaders, with a central pillar of the discussions focused on India’s "Buddhist Circuit”.
Watch the 23 February 2026 Daily Update in Khmer below: