Rasmei Kampuchea
Cambodia Securities Exchange (CSX) will be officially launched on July 11, said the Ministry of Economy and Finance last week.
CSX will be launched in line with the first securities trading which is scheduled to begin by the end of this year, said the ministry in its press release issued last week.
CSX, whose head office is located at the Canadia Tower in Phnom Penh, is a securities market operator, a securities clearing and settlement facility operator, and a depository operator.
The Securities and Exchange Commission of Cambodia has decided to license 15 stock exchange firms to take part in the operation of stock market in Cambodia.
Three public enterprises - Sihanoukville Autonomous Port, Telecom Cambodia and Phnom Penh Water Supply Authority - will be listed in the CSX.
3 comments:
Not even the US could control the crooks, why do we know if we can trust the Cambodian government?
Our money is either in the ground or under the mattresses.
Stock exchange is about raising money for companies to invest in projects to growth and for putting in your money you should make some profits.
I'm not pessimistic person, but I have to say your money you put in will not be even enough for the government commissions.
I have known people who want to help Cambodia by importing products from there, but the commissions go thru about 10 stages which to you have the products very expensive to make money.
If you ended up selling the products in America, even Bill Gates could not even afford to buy it.
correction:
which to you have to sell the products
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