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, [...]
Posts Tagged ‘capital market’
Indian bank opened its branch in Cambodia
May 28th, 2009 
Cambodia Economy 
Posted in Banking System 
Tags: banking, banking sector, Cambodian banks, capital market, commercial bank, Financial crisis, indian bank 
No Comments »Subdecree signed outlining stock exchange regulations
April 7th, 2009 Cambodia Economy THE Council of Ministers approved on Friday the draft of a subdecree detailing stock exchange regulations that officials described as necessary for establishing the exchange by the end of the year. The subdecree was drafted by the Ministry of Economy and Finance in accordance with the Law on the Issuance and Trading of Non-Government Securities, [...]
Stock market still on course
February 23rd, 2009 Cambodia Economy The Korea Exchange (KRX) and the Cambodian government will sign an official joint venture agreement on Cambodia’s proposed stock exchange Thursday next week, KRX project director Inpyo Lee told the Post, but there remained caution given the current economic climate. The agreement, to be signed by KRX chairman and CEO Lee Jung-hwan and Finance Minister [...]
