Posts Tagged ‘capital market’

Cambodia’s banking sector gains in public confidence

Thursday, October 22, 2009 7:35 No Comments

In the last decade, Cambodia’s banking sector has been growing sharply because the operation of commercial banks in Cambodia has gotten the public confidence. People got started to deposit their money at bank rather than keep it at home. The public confidence in the banking sector and financial system is reflected through the increase in [...]

This was posted under category: Banking System Tags: , , ,

Korean Securities Firm Ready for Bourse

Thursday, June 25, 2009 8:05 No Comments

Tong Yang Securities is the only company that has so far opened for business in anticipation of a stock exchange that officials hope to have up and running by the end of the year.
“We came to Cambodia with a long-term perspective,” the company’s chief representative, Han Kyung Tae, told VOA Khmer. “We are ready to [...]

This was posted under category: Economy Tags: , , , ,

Slow start expected for new bourse

Tuesday, June 9, 2009 9:50 No Comments

WHEN the opening bell rang on the first day of trading at the Ho Chi Minh Securities Trading Centre on July 28, 2000, just two companies were listed. From the outset, trading was a muted process.
“It takes time – in the case of Vietnam, it took five years [to gather momentum],” says Hang Chuon Naron, [...]

This was posted under category: Economy Tags: , , , , ,

Indian bank opened its branch in Cambodia

Thursday, May 28, 2009 7:02 No Comments

Despite the global financial crisis, the new Indian bank still starts operating its door in Cambodia following the South Korean bank-Kookmin- operated in Phnom Penh in the earlier this month. The opening of the bank of India is part of a growing interest from foreign banks that have sought to invest in the Cambodian economy, [...]

This was posted under category: Banking System Tags: , , , , , ,
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