News

Cambodian students win out on ASEAN stock markets

Despite the Cambodian Stock Exchange (CSX) getting off to a sluggish start over the past three years, local university students are seemingly already on the way to becoming good stock-pickers. The winners, two students from Zaman University who went by the team name of Dark ...

Eddie Morton
http://phnompenhpost.com/business/cambodian-students-win-out-asean-stock-markets

As banking sector booms, overbanking looms

Last month, Cambodia’s nascent yet rapidly expanding banking sector saw the new arrival of Phillip Bank through the acquisition of Hwang DBS Commercial Bank by Singapore’s Philip Capital in a $40 million deal. The number of banks in the country has more than doubled since 2005, ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/as-banking-sector-booms-overbanking-looms-67824/

CIMB the latest to add local insurer

CIMB Bank, Malaysia’s second-largest, has entered the insurance market via a partnership agreement signed yesterday with Cambodia Life Insurance Company (CLIC). In Meatra, director general of CLIC, said that under the partnership, CIMB had received full access to offer their insurance products to customers. ...

May Kunmakara
http://www.phnompenhpost.com/business/cimb-latest-add-local-insurer

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