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B2B Asia News
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This is a B2B Asia News Daily Update for 23 June 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 and oil prices fell on Tuesday after the U.S. waived sanctions on Iran, while traders grappled with rising expectations the U.S. Federal Reserve may take more aggressive action to tackle inflation later this year.
- MSCI's broadest index of Asia-Pacific shares outside Japan sank 2.9%.
- Japan's Nikkei 225 sank 3%, while South Korea's Kospi index plunged 8.1%.
- Hong Kong’s Hang Seng Index fell 1.8% while the Shanghai Composite Index was down 1.37%.
- Zooming in on Cambodia’s market—the Cambodia Securities Exchange Index was up 0.62 points or 0.14% to 445.8. Total trade volume was down with 162,584 shares changing hands at a total value of 925 million riel or close to $231,000 US dollars.
- On the main board, five stocks were up, led by Phnom Penh Water Supply Authority, while three stocks were down, with Pestech Cambodia as the biggest loser of the day.
- Over on the growth board, DBD Engineering and JS Land were up, while Picasso City Garden was down.
- Shifting to the exchange rate, the Khmer riel to USD remained stable at 4,024 riel per US Dollar, while the US Dollar index hovered around 101.17.
- Moving on to global commodities, oil prices fell on Tuesday, extending losses from the previous session, on signs of some progress in restoring crude flows through the Strait of Hormuz following U.S.-Iran peace talks.
- Brent crude futures were down 0.6% to $77.46 US dollars a barrel and U.S.
- West Texas Intermediate was down 0.4% to $73.56 US dollars a barrel. (0813 GMT)
- Gold prices fell more than 2%, pressured by a firmer U.S. dollar on expectations of U.S. Federal Reserve interest rate hikes this year, while investors assessed U.S.-Iran peace talks. Spot gold was down 2.2% at $4,099.84 US dollars per ounce. U.S. gold futures for August delivery fell 2% to $4,117.70 US dollars. (0753 GMT)
Looking at the crypto market, Bitcoin was trading around the $63,000 US dollar level, experiencing a 1.26% intraday pullback and down roughly 3.5% for the week. The recent crypto dip has been driven by broader market shifts, including institutional capital outflows and a tech-sector sell-off that dragged down risk assets across the board.
- Moving on now to other business-related news,
- The National Bank of Cambodia (NBC), in collaboration with the Alliance for Financial Inclusion (AFI), kicked off the 33rd Financial Inclusion Data and Impact Working Group (FIDIWG) Meeting and the 28th Financial Inclusion Strategy Peer Learning Group (FISPLG) Meeting on June 22. The meetings are being held under the chairmanship of the Governor of the National Bank of Cambodia, and the Director of Policy Programs and Implementation at AFI, from June 22 to 25 in Phnom Penh. The meetings bring together representatives from 37 AFI member countries, with the participation of more than 100 delegates.These meetings serve as important platforms for strengthening international cooperation and sharing experiences in data collection and utilisation, impact measurement, and the development of effective financial inclusion strategies.
- The official inauguration ceremony for the transit of agricultural products from Cambodia to the Chinese market via Laos was held in Vientiane on June 22. This milestone event was attended by representatives from 30 Cambodian private sector partner companies and is the result of past active efforts and negotiations by the leaders and technical officials of the Cambodian Ministry of Agriculture, Forestry and Fisheries, together with the Lao Ministry of Agriculture and Forestry. This collaboration has paved the way for the opening of new transit routes for 6 types of Cambodian agricultural products to the Chinese market via Laos, including bananas, mangoes, rice, Pailin longans, tapioca starch, and durians.
- Prime Minister Hun Manet has announced that the Cambodian government will continue providing tax incentives for domestically produced cement for an additional two years, extending support measures through the end of 2028. This announcement was made by the Prime Minister during a meeting at the Peace Palace in Phnom Penh on June 23 with the Chairman of the Board of the Cambodia Cement Manufacturers Association, and the association’s delegation. The Prime Minister reaffirmed the government’s commitment to supporting both domestic and foreign investors operating in Cambodia through policies and mechanisms aimed at ensuring business success and long-term investment confidence, which includes continuing to absorb tax burdens and maintaining existing tax incentives for domestic cement producers for another two years, extending the measure until December 2028.
Watch the 23 June 2026 Daily Update in Khmer below: