IELTS test takers preparing to take the world’s most popular English language test can now access a new feature to help them attain the score they need to achieve their global learning and career goals. Now available in Cambodia, IELTS One Skill Retake enables IELTS on Computer test takers to retake one of the four skills – Listening, Reading, Writing or Speaking – if they did not achieve the score they aimed for the first time around. IELTS One Skill Retake is currently accepted by the Australian Department of Home Affairs and Australian Health Practitioners Regulation Agency, as well…
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The USD/JPY pair rebounded from a 129.65 low recorded on March 24 and soared to a high of 143.88 not seen in around seven and a half months, entering the high range of the previous November 10. During this period, all major technical points – the Ichimoku conversion line, baseline, cloud upper/lower limit, 21/90/200-day moving average line and Bollinger mid-band – were surpassed, and an upward trend was established. This indicated a strong buying signal in technical charts – such as an Ichimoku triple bullish trend reversal, a band walk bullish signal and a Dow Theory upward trend – which…
Misota Food is putting Cambodia’s dried fruit products firmly on the global map with its delicious and healthy range of natural dried fruit snacks and beverages – as well as its adherence to the highest international standards. Founded in 2017 in Battambang by Michel Tan and his wife Sophie Chhuy, Misota currently exports its wide selection of natural dried fruits, soft dried fruits and chocolate-coated dried fruits to Japan, Thailand and France. And the US and Australia are the next destinations for Misota’s dried fruit delights, with market tests currently underway. “We are glad to be fulfilling increasing demand from…
Technically, the price of gold has been trading in a strong sideways drift since May 18, with a support price of $1,930 per ounce and a resistance of $1,983. PP Link Securities (PPLS) business manager Long Samnang said the market’s sideways movement was largely due to the wait on the US Federal Funds Rate announcement, which was set for release at 1am on Thursday, June 15, Cambodian time. Following the release of the statement by the Federal Open Market Committee, the sideways drift was likely to come to an end, he said, with either a bullish or bearish trend emerging…
Odom was brought closer to realisation as Urban Living Solutions (ULS) held the glittering groundbreaking ceremony to officially launch the architectural “new gold standard” in Phnom Penh’s ever-evolving urban landscape. The event – attended by the project’s top management, including ULS Founder and Managing Director Kim Leang Kean, and other distinguished guests – marked the long-awaited start of Cambodia’s most ambitious community-focused development. Construction on Phnom Penh’s new iconic luxury mixed-use development began on June 11, with Odom’s architect Khai Saharom having spoken of the project representing “a future of possibilities and opportunities”. Odom shareholders and distinguished partners hold the…
Escape to Six Senses Koh Krabey, the captivating resort located just 15 minutes off the Cambodian coast from Ream in Preah Sihanouk province. Immerse in an unforgettable summer holiday experience that rejuvenates the body and uplifts the spirit. Wellness, sustainability and luxury: At Six Senses Koh Krabey, wellness is prioritised and sustainability embraced as the utmost luxury is delivered. The “Grow with Six Senses” concept invigorates guests’ every sense, offering a unique opportunity to change perceptions. Unique arrival ritual: On arriving on the untouched tropical island, guests are invited to take part in a special ritual, offering water to the…
Despite bullish sentiment earlier this month – with prices rising from a low of $67.50 per barrel to a temporary high of $74.30 – oil was trading steadily in Wednesday’s trading sessions, based on PP Link Securities’ MetaTrader5 platform. In Asian trading sessions on Wednesday (June 7), crude fell to around $71 per barrel after having risen on June 1 as prices recovered with progress made in preventing a US debt default. Meanwhile, positive signs in Chinese manufacturing also brought optimism regarding the country’s recovering demand for oil. Supporting bullishness in the oil markets was the private “China Caixin Manufacturing…
CP Cambodia Co, Ltd has offered strong support and encouragement for the Kingdom’s athletes, while providing high-quality, safe food products, as a major sponsor of the 32nd SEA Games and 12th ASEAN Para Games. Having sponsored the Cambodia 2023 SEA Games and now doing so at the ASEAN Para Games, a memorandum of understanding (MoU) on the cooperation was signed at the National Olympic Stadium in Phnom Penh on May 31, 2023. The ceremony was presided over by HE Vath Chamroeun, secretary-general of the Cambodia SEA Games Organising Committee (CAMSOC), and Wittaya Kreangkriwit, President of CP Cambodia. CP Cambodia President…
Last week, the USD/JPY currency pair rose as a result of increased risk appetite and yen selling, initially driven by rising Japanese stock prices. Despite some minor setbacks midweek, the dollar surged due to remarks from Federal Reserve officials indicating a hawkish stance on interest rates, which led to higher US Treasury bond yields. Additionally, technical targets and strong economic indicators pushed the dollar up to 140.73 by the end of the week, resulting in a three yen drop in the Japanese currency’s value. While there is generally a correlation between the rise of the Nikkei and yen selling in…
Sathapana Bank and Mastercard – the leading global technology company in the payments industry – on May 30 announced a partnership to launch the “Tap on Phone” service in Cambodia. Tap on Phone is a simple, convenient and safe mobile acceptance solution that allows business owners to accept payments for their products or services via a smartphone. The partnership marks a new milestone between Sathapana Bank and Mastercard to bring innovative, simple and cost-effective acceptance solutions that will help boost contactless payments in Cambodia, especially at micro-merchants, small businesses and mobile venues. “We are thrilled to announce our exciting partnership…