Economists See Growth Potential in Stock Exchange

Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will help companies expand their businesses using the capital acquired from the stocks,” said Duch Darin, adjunct professor at Tallahassee Community College in Florida, as a guest on “Hello VOA” last week. “Therefore, this will create jobs for people and increase profits for the companies.” Cambodia opened its stock exchange on July 11, but so far only three state-owned companies are listed.