Canadians urged to invest in Cambodia

Canadian Trade Minister Ed Fast yesterday said he would urge Canadians to invest in Cambodia as opportunies become more viable to potential foreign direct investment from countries that have thus far played a small role in the Kingdom. … Fast attended a ceremony recognising the first 10 customers at the Cambodian branch of Manulife, a Canadian insurance company that opened two months ago. During the short period of operations, the company’s revenue reached about US$20,000, according to David Wong, chairman of Manulife Cambodia. The company has about 100 customers, although some applicants were rejected due to age and disease, he noted. …

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