Cambodia Post to tie up with Thailand

Cambodia Post, a state-owned enterprise with plans to list on Cambodia’s bourse, will sign a memorandum of understanding (MoU) today with the Thai Post intended to provide electronic money transfer services between the two ASEAN neighbours. The initiative hopes to tap the growing remittance via brokers from Thailand to Cambodia. Ork Bora, general director of Camobida Post, said remittance from Thailand sharply increased in recent years with the growing number of Cambodian migrant workers seeking work in the neighbouring country. …

http://www.phnompenhpost.com/2013030661775/Business/cambodia-post-to-tie-up-with-thailand.html