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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 [...]
The Ministry of Economy and Finance reported that collecting tax revenues from casino industry increased 23 percent but casino owners felt concerned that the industry is facing challenges of shut-down and bankruptcy because of the decrease of clients.
The number of tax revenue from 20 Cambodian casinos contributed [...]
Most of goods in the market are imported from foreign countries. Not so much products are made in Cambodia. Normally, I noticed that Cambodian consumers always think that Cambodia-made goods have not good quality. How do you think about? Recently, Vietnamese investor is constructing its first supermarket in Cambodia in order to promote [...]
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 [...]
Global financial crisis is causing the increase in the loss of jobs, low income from business, the inflation, and expense on daily necessary commodities. We should prepare ourselves in order to balance family’s living standards in the future. No one knows what will happen in the near future, even though we still [...]
Due to the effect of the global economic slowdown, the large-scale investments in Cambodia are slowing down. It is hopeful that small and medium enterprises (SMEs) play an important role in improving economic development and creating sustainable employment and income, said Cham Prasidh, Ministry of Commerce, at the Tuesday’s meeting in Phnom Penh.
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In the last decade, the growth of the banking sector is playing important role in sustaining Cambodian economic growth because of three factors: political stability, economic policy and social consistency. By the way, the breakout of the world financial crisis is deeply affecting the developing and developed countries. According to Cambodian analysis did [...]
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