Prudential granted approval by ministry

Prudential Corporation Asia yesterday received “in-principle” approval from the Ministry of Economy and Finance to establish a foreign-owned life insurance operation in the country, an official statement from the company said. The announcement comes after Canadian life insurance giant Manulife on Thursday made public plans for a new head office in Phnom Penh and intentions to invest…

http://www.phnompenhpost.com/index.php/2012070357155/Business/prudential-granted-approval.html