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Tag Archives: Cambodian economy
Cambodia Securities Exchange got licence from SECC
Finance Ministry’s the Securities Exchange Commission of Cambodia –SECC- granted licence to The Cambodian Securities Exchange as a market machinist. Ming Bankosal, SECC director All-purpose, said that it had certified the Cambodia Securities Exchange, meaning another hurdle has been cleared before its launch, according to the Post. Meanwhile, trading firms got certificates at Phnom Penh … Continue reading
The Securities Exchange Commission of Cambodia suspended 5 trading firms
After the government has been granting license to local domestic trading firms to run its business of stock market in Cambodia, recently, the Securities Exchange Commission of Cambodia – SECC- halted temporarily five domestic trading firms because of lack of the necessary regulatory framework. According to the SECC issued announcement on March 1, there are … Continue reading
Rice Experts See Better Prospects in New Seeds
For five years now, Yin Narong has used a new method to plant rice. Instead of planting from the seeds of the previous year’s harvest, he buys new seeds from a local company. The difference, he said in an interview, has been a boost in yield of 200 kilograms of rice each harvest on one-fifth a hectare Continue reading
Japanese electronics giant Panasonic opened its office in Cambodia
Cambodian market has high potential for Japanese electronics giant Panasonic that launched its first representative office in Phnom Penh, the Kingdom of Cambodia. Last year, the company gained a 68-percent market share of air conditioner unit sales. Managing executive officer of Panasonic Corporation, Ikuo Miyamoto, was quoted by the Post as saying that “I strongly … Continue reading
Cambodian people feel confidence of Cambodia banks
In the last decade, it is because of sustainability of politics and economics, Cambodian people feel confidence of Cambodian banking sector, and they dare to deposit their money at banks, not keep it in home as before. Public confidence in Cambodia’s banking sector is growing and has managed to withstand the onslaught from the global … Continue reading
Vietnamese company invested US$3M to construct supermarket in Phnom Penh
A Vietnamese company, Z38 Company, which is a member of Vietnamese Business Association in Cambodia, invested its total capital of US$3 million in constructing the first Vietnamese supermarket in the Kingdom of Cambodia. The Vietnamese supermarket will open on December 29, located on 3,300 square meters, along Monivong Blvd in Phnom Penh. The supermarket will … Continue reading