Tuesday, November 02, 2010

Cambodia closer to exchange launch

Nov 2, 2010
AFP

PHNOM PENH - CAMBODIA moved a step closer to setting up a national stock exchange on Tuesday after 15 securities firms were granted licences to operate on the twice-delayed bourse, officials said.

'This clearly reflects the strong willingness of the government in putting the securities market into operation,' Finance Minister Keat Chhon said at a ceremony in Phnom Penh.

The licences were awarded to seven underwriters, four brokers, two investment advisers and two dealers.

Officials were working hard to ensure the stock exchange would open by July 2011, said Keat Chhon, who is also the chairman of Cambodia's securities and exchange commission.


Cambodia signed an agreement in 2008 with representatives from South Korea's stock exchange, the Korea Exchange, Asia's fourth-largest bourse operator, to establish a stock market in 2009.

But the southeast Asian nation delayed the launch when the global financial crisis struck. The government said at the time it would aim for a 2010 start, but recently pushed that back to next year.

12 comments:

Anonymous said...

"The licences were awarded to seven underwriters, four brokers, two investment advisers and two dealers"

Anyone know who they are?

Anonymous said...

There are a lot of loop holes in Cambodian law, so there will be a lot of scams like insiders’ information for well connected traders and so on….

Anonymous said...

That's great for Cambodia's economy!

I hope to see Phnom Penh Stock Exchange soon.

Anonymous said...

Please open the beggars exchange for Khmer, they need it, country of beggars and whores

Anonymous said...

My Khmer dog wanna eat shit?come to papa

Anonymous said...

SHORT LIVE VIET NAM... We wish that we would not have been born as Vietnamese …
bạn là đồ ngu người má ăn thịt chó.

We are Vietnamese and proud to be dog eaters who live and die like dogs….
Ah đồ má con chó,

Anonymous said...

Hahaha, Hey Khmer dogs, let me cut your throat and fuck your mother

Anonymous said...

11:08 PM


bạn là đồ ngu người má ăn thịt chó.
You are the mother fucker who eats dog meat.

This Vietcong is pissing off, now.

Anonymous said...

Rainsy He is chines and He got 100 politicy platforms, and he promise he will accomplish it all, We human being it required super genius to do 3 to 5 things right in our life,
you have to master all those 3 or 5 things to be success, He is a foolish madness man. all his action to Khmer so far is not peaceful way, it all street wild act. Sam rainsy you can do 100s things realty? you Dumb idiot.

Rainsy thought pagoda boy could role Cambodia why not him, Hun sen got top advice, and he listen to them, Rainsy he know everything he got degree, he got smart tactic he believe most Cambodia are ignorance, and he think all Cambodian will believe his big idea, Sam rainsy he see him self as a leader, you call your self a leader your and idiot Sam raisy. Can you imagine this big loser Rainsy believe system is fail. He is make himself looked more and more stupidity. I am don with you idiot Rainsy.
Sam rainsy don't have any leadership quality. what rainsy have been don so far can any one give me the list?.
he is a street wild politician, how people truth him if he never live in Khmer, he is not Khmer he is chines and he the real loser, loser, loser.

Mr. Sam rainsy you must be learn from the billionaire idea if their company they run is weaker than the competitor they will buy competitor acquisition (be partner). But if Raisy you are dumb don't do it no one want to share with flaw fool like you any way. keep doing what you are been doing is not work any more. You need to hire new manager to manage your mess. Mr Sam raisy you are proof 99+1 percent loser, step aside let other finish your work. Sam Raisy you are worthless.
2:00 AM

Anonymous said...

12:46, you are totally right! CPP is not good, Sam Rainsy is not good(unless they change their leader).

Cambodia needs a new opposition leader!

Sam Rainsy, you should resign to give place to a better leader.

Anonymous said...

12:46 AM

ein sor seh chea aksor khmer tov kayom min yaol ein ni yeay pi sae ey teh?

Anonymous said...

Appeal to all Khmer at home and abroad around the world.

Suong Sophorn's blood is Khmer blood

Every drop of Suong Sophorn blood is Khmer blood this Khmer blood has been shared the painful feeling by Khmer around the world.

Please join me to condemn these cowered act from Yuon solders in Hun Sun police uniform against Mr.Suong Sophorn.

If you are real Khmer solders or real Khmer polices go and fight at the border to protect our sovereignty against Yuon and Thai.

But all you can do is brutality beaten Mr. Suong Sophorn with empty hands, beaten innocent Khmer people.

You also good at hiding your heads under srey yuon 's pants.

If it was done to your family? How do you feel? Yuon slaves?

I wish Mr. Suong Sophorn to recovery pretty soon.

Khmer sympathy around the world are are with you.
You are real Khmer hero.
We all always remember what you stood up for Khmer people.

Down Ah Hun Sen yuon's slave.