Today: 23 May 2026
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MYX:AXIATA 15 May 2025 - 3 June 2025

Cambodia’s Internet Boom or Digital Doom? Inside the Kingdom’s Connected Revolution

Cambodia’s Internet Boom or Digital Doom? Inside the Kingdom’s Connected Revolution

Cambodia reported over 22 million cellular subscriptions in 2023, far exceeding its population of 17 million, as multiple SIM use drives mobile penetration to 131.5%. Fixed internet subscriptions stood at about 310,000. Metfone led the market with around 10 million users. A new Hong Kong–Sihanoukville submarine cable is set to add 640 km of undersea fiber in 2024.
Connected Malaysia 2025: A Complete Guide to Fiber, Mobile, Satellite & Public Internet Access

Connected Malaysia 2025: A Complete Guide to Fiber, Mobile, Satellite & Public Internet Access

By 2022, Malaysia’s JENDELA program pushed 4G coverage to about 97% of populated areas and deployed fiber to 7.74 million premises. Starlink Malaysia launched in 2023 with a 10-year license, while MEASAT ConnectMe reached over 4,000 satellite Wi‑Fi sites. By end-2023, 5G covered about 80% of the population, with a second network approved in 2024. Urban–rural gaps persist, especially in Sabah and Sarawak.

Stock Market Today

  • Remitly Global (RELY) Valuation Review After Recent Stock Gains
    May 23, 2026, 4:46 PM EDT. Remitly Global (RELY) shares have risen 26% over three months, yet recent gains contrast with a 3.4% decline over one year. At $21.58, the stock trades slightly below the fair value estimate of $22.22, implying around 2.9% undervaluation. The firm shows double-digit revenue and net income growth, supported by its expansion in cross-border payments and the Remitly One platform. However, with a price-to-earnings (P/E) ratio of 43x-well above the US Diversified Financial sector's 18x-valuation risk exists if market sentiment shifts. Investors face a balance between optimistic growth prospects and risks from competition and regulatory changes affecting stablecoins and cross-border compliance.

Latest articles

P&G Shares Edge Higher Before Market Close As Inflation Looms

P&G Shares Edge Higher Before Market Close As Inflation Looms

23 May 2026
Procter & Gamble shares closed Friday at $144.44, up 0.73% for a 2% weekly gain, ahead of the Memorial Day market closure. The stock remains well below its 52-week high of $170.99. P&G last reported a 7% rise in net sales and warned of a $1 billion post-tax profit hit in fiscal 2027 from higher oil prices. Colgate-Palmolive Pakistan plans to acquire P&G’s Karachi facility as P&G exits direct operations there.
Disney Faces Long-Weekend Risk With Yields, Streaming, and NYSE Shutdown

Disney Faces Long-Weekend Risk With Yields, Streaming, and NYSE Shutdown

23 May 2026
Disney shares closed Friday at $103.00, down 0.56% for the day but up 0.3% for the week, ahead of a three-day U.S. market break. The New York Stock Exchange is shut until Tuesday for Memorial Day. Investors await box-office results for “The Mandalorian and Grogu,” expected to open with $75 million to $100 million in U.S. and Canadian ticket sales. The next key U.S. inflation reading is due Thursday.
Energy Transfer Holds Near Highs as Market Waits on Dakota Access Decision

Energy Transfer Holds Near Highs as Market Waits on Dakota Access Decision

23 May 2026
Energy Transfer closed at $20.07 Friday, up 0.3% for the day but down 0.4% for the week. U.S. regulators allowed the Dakota Access Pipeline to keep operating under stricter conditions after an environmental review. The S&P 500 rose 0.9% for the week, while the Dow ended at 50,579.70. U.S. markets will remain closed through Monday for Memorial Day.
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