28 October 2026 - Daily Update - B2B Asia News

This is a B2B Asia News Daily Update for 28 October 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. Asia stocks rallied on Wednesday as renewed AI enthusiasm buoyed ​sentiment ahead of earnings from industry bellwethers later in the day. 
• South Korea's Kospi surged more than 6% and was on track for its largest one-day percentage gain since July 31, after chipmaker SK Hynix reported a more than seven-fold jump in quarterly profit and said it would return about $75 billion to shareholders this year. MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.7%, with Japan's Nikkei adding 1.1% and China's CSI300 blue-chip index advancing 0.7%.
• Zooming in on Cambodia’s market—the Cambodia Securities Exchange Index was up 1.53 points or 0.25% to 606.09. 
• Total trade volume was down with 188,473 shares changing hands at a total value of 1.15 billion riel or over $283,000 US dollars.
• On the main board, seven stocks were up, led by Royal Group Phnom Penh SEZ, while only one stock, Pestech Cambodia, was down. 
• 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 strengthened slightly to 4,083 riel per US Dollar, while the US Dollar index hovered around 102.38.
• Looking at global commodities, oil prices climbed more than 1% on Wednesday after an attack on ​a refinery in Saudi Arabia renewed concerns around supply risks from the ‌major exporter. 
• Brent crude futures gained 1.4% to $115.47 US dollars a barrel. US West Texas Intermediate crude rose 1.4% to $101.33 US dollars. (0435 GMT)
• Gold prices ​ticked lower after the previous session's climb of about 1%, ‌as higher oil prices stoked inflation fears while investors awaited the U.S. Federal Reserve's policy decision later in the day for clues to the rate outlook. 
• Spot gold was down 0.5% at $4,037.11 US dollars per ounce. US gold futures for December delivery dropped 0.6% to $4,051.30 US dollars. (0743 GMT)

• Looking at the crypto market, Bitcoin’s price held steady above $80,000 dollars as a risk-on sentiment prevailed in the global markets ahead of the U.S. Federal Reserve interest rate decision.

   

• Moving on now to other business related news,
  • The National Bank of Cambodia in collaboration with The Ministry of Women Affairs and Women’s World Banking hosted a peer dialogue and workshop on “Women’s Financial Inclusion in Cambodia” on October 27 in Phnom Penh. The workshop aimed to identify practical steps in ensuring women’s financial inclusion brings impacts to women’s economic empowerment and national economic growth, and focused on the Women-Centered Design to equip Financial Service Providers with tools to design gender responsive products and solutions. Moreover, the workshop also provided opportunities for peer-to-peer learning and discussion, highlighting challenges and opportunities for the purpose of obtaining input for policy making, and to translate implemented policies into tangible actions.
  • The Federal Republic of Germany has reaffirmed its commitment to continuing cooperation with Cambodia in supporting the nation’s decentralisation and deconcentration administrative reforms. The pledge was made by H.E. Ms. Silke Röfer, the newly appointed German Ambassador to Cambodia, during a bilateral meeting with Cambodian Deputy Prime Minister and Minister of Interior H.E. Abhisantibindit Sar Sokha, who also serves as Chairman of the National Committee for Sub-National Democratic Development (NCDD), at the Ministry on Tuesday afternoon. During the meeting, Ambassador H.E. Ms. Röfer noted her review of the strong ties between the two nations, particularly the fruitful cooperation supporting democratic reform at the local governance level. She highlighted H.E. Abhisantibindit Sar Sokha’s 2024 study tour to Germany and Switzerland to gain further insights into local governance models and confirmed plans for several upcoming joint projects. In response, H.E. Deputy Prime Minister expressed high appreciation for the key milestones achieved under Cambodia’s decentralisation policy. He emphasised the transfer of functions, resources, and budgets from the national government to sub-national authorities to bring public services closer to citizens, supported continuously by Germany across successive government mandates.
  • Cambodia’s Preah Sihanouk province has reviewed and supported 14 new investment and business projects valued at over $237 million US dollars, which are expected to generate approximately 2,700 jobs for local residents. The projects were reviewed during the 28th meeting of the Investment Promotion Working Group for Preah Sihanouk Province on October 27 at the Ministry of Economy and Finance. Long Dimanche, Deputy Governor of Preah Sihanouk province, stated that the approved proposals encompass a wide range of sectors, including multi-functional building projects, hotels, industrial parks, bonded warehouses, plywood manufacturing facilities, glue production plants, and medical equipment factories.
    Cambodia is  (https://akp.gov.kh/post/detail/385083)expanding its international air connectivity with South Korea and China through Siem Reap-Angkor International Airport, with a new seasonal service from Seoul, South Korea and additional flights from Kunming city in Yunan province, China, according to a statement from the State Secretariat of Civil Aviation on October 28. Meanwhile, China Eastern Airlines has increased its Kunming-Siem Reap service from three to four flights a week, effective October 25. The additional China Eastern flight operates on Tuesday, Thursday, Saturday and Sunday, using Boeing 737-800 aircraft. The increased frequency is expected to improve access to Siem Reap from southwestern China. Trinity Airways will launch a new seasonal daily service between Seoul-Incheon and Siem Reap from December 24, 2026 to March 3, 2027. The airline will operate the route using Boeing 737-800 aircraft during Cambodia’s peak tourist season.

Watch the 28 October 2026 Daily Update in Khmer below: