Currently viewing the tag: "Cambodia stock exchange"
Cambodia stock exchange

Cambodia Securities Exchange launched officially

By On July 22, 2011 · 1 Comment

Creating stock exchange in the Kingdom of Cambodia is the initiative between Cambodian government and Korea Exchange since 2007. Cambodia Securities Exchange (CSX) will be held 55 percent by Cambodia and 45 percent by Korea Exchange. The both sides planned to open it at the end of 2009 but the plan failed because [...]

Continue Reading →

SECC suspended five trading companies

By On March 4, 2011 · 1 Comment

Cambodia’s the Securities Exchange Commission of Cambodia – SECC- halted temporarily five domestic trading companies without the necessary regulatory framework.

Ming Bankosal, SECC director, said that Cambodian companies offering derivatives trading had operated without the necessary regulatory framework being in place, according to the [...]

Continue Reading →

15 companies got licence to act on the Cambodia stock exchange

By On November 3, 2010 · Leave a Comment

Ministry of Finance and Economics’ the Securities and Exchange Commission of Cambodia granted 15 of 22 companies with the licence to act on the Cambodia stock exchange, which is scheduled to launch in July next year.

Keat Chhon, commission chairman and Economy and Finance Minister, said that granting the licences was [...]

Continue Reading →

Banks launch sell down of $421m Mobitel loan

By On March 27, 2010 · Leave a Comment

ANZ and Standard Bank launched the sell down of a US$421 million 18-month bridging loan this week, to back the Royal Group’s acquisition of Millicom’s majority stake in Mobitel.

The loan covers the Royal Group’s November purchase of Luxembourg-based Millicom International Cellular SA’s network operations in the Kingdom for $346 million. [...]

Continue Reading →

Hello to launch the latest Blackberry

By On March 19, 2010 · 5 Comments

After launching the Blackberry two times last year, Mobile phone operator Hello will import the latest Blackberry Bold handset, manufactured by Research in Motion’s (RIM), to Cambodia at the end of this month, according to the Post.

Gary Foo, Hello’s Brand Manager, was quoted by the Post as saying that “we’ve [...]

Continue Reading →

Acleda bank rating upheld by Global credit risk agency

By On June 29, 2009 · 2 Comments

On Friday, 19 June, 2009, Moody, US-based global credit risk agency, confirmed in its statement that it has kept up the bank’s previous ratings mainly due to the role of Acleda’s shareholders, have has long-term focus and have demonstrated their support to the bank by providing equity and debt financing since its inception.

[...]

Continue Reading →

Banker loan to small business

By On June 16, 2009 · 3 Comments

Cambodia Commercial banks are playing an important role in providing loans for Cambodia’s small and medium enterprises to drive the economic growth, but small enterprises lack the formal financial support to expand their business, it is because the banking and financing sector do not access the remote rural areas. According to studies, there [...]

Continue Reading →

Commercial banks’ ATM network expanded

By On June 11, 2009 · Leave a Comment

The global financial crisis did not affect strongly the local commercial banks in Cambodia because most of banks don’t depend on foreign source of finance, and loans from other foreign banks and also don’t buy stocks in the international market. At the mean time, Cambodia has not yet created stock exchange. As Cambodia’s [...]

Continue Reading →
Set your Twitter account name in your settings to use the TwitterBar Section.