News

Small and medium-sized enterprises, which are expected to play a key role in the Kingdom’s emergent stock market, are far from ready to list, insiders say. Most important, many SMEs lack the standardisations and controls required of publicly traded companies by the Securities and Exchange Commission ...

A logistics firm and two garment manufacturers planned to list on the Cambodia Securities Exchange during the second half of 2012, underwriter Phnom Penh Securities said yesterday. The companies are the first known private businesses to confirm their intentions of listing on the Kingdom’s still-dormant bourse. Manufacturing ...

Tong Yang Securities (Cambodia) and ACLEDA Securities yesterday signed a memorandum of understanding to partner the services they offer to the Kingdom’s budding financial markets. To expand their footprint in the market,  the companies aimed to provide a combination of advisory and underwriting services for companies ...

Cambodian Deputy Prime Minister and Minister of Economy and Finance H.E Keat Chhon said Cambodia Security Exchange (CSX) will begin trading from January 2012. Inaugurated in July, the CSX would be put on hold until next year because some rules and regulations have been being discussed ...

Stock exchange officials were conducting a five-day workshop on the IT system that will allow trading,  Securities and Exchange Commission of Cambodia director-general Ming Bankosal said yesterday. The workshop, held in conjunction with the Cambodia Securities Exchange, would also seek feedback on the system’s functionality ...

It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...

Financial experts in the Kingdom yesterday called on the banking sector to implement improved corporate governance and increase transparency in order to ensure confidence in companies ahead of trading on the Cambodian Securities Exchange. Banks in the country have been required to publicly disclose financial ...

Émile Coué was a French psychologist who introduced a method of self-improvement based on optimistic autosuggestion. “Every day, in every way, I’m getting better and better,” was his mantra. He died in 1926 and probably never visited Cambodia, but his spirit has been hovering over ...

While the Cambodia Securities Exchange (CSX) recently opened its doors for business, it’s not quite ready to actually do business. As it currently stands, there is no actual trade taking place, making it the smallest bourse in the world in terms of market capitalization. However, ...

Several securities firms are opening accounts, even as the first listing on the Cambodia Securities Exchange are not expected until later this year, company officials said yesterday. The CSX was launched on July 11 without any listed firms, though state-owned Telecom Cambodia, Phnom Penh Water Supply ...

Cambodia’s property sector is said to be recovering from the global financial crisis according to experts. There has been a 10 percent increase in the number of transactions since 2009 with foreign investment a key aspect of the growth. The formation of anti-corruption laws has ...

When the Cambodia Securities Exchange (CSX) was officially launched on Jul. 11 there were no companies listed because of a drive to ensure that everything was above board. “We want to assure full transparency,” says Huot Pum, the deputy director-general of the Securities and Exchange ...

Stock exchanges in Laos and Vietnam are being used for comparison when trying to determine the model that the Cambodia Securities Exchange (CSX) will take. The CSX has opened officially but no trading has begun. Cambodia’s stock exchange is expected to be more successful than ...

The opening of the Cambodia Securities Exchange (CSX) was marked by a speech from Minister of Finance Keat Chhon, who urged three state-owned companies to speed up their initial public offerings. No companies, state-owned or otherwise are currently trading on the new market. Telecom Cambodia, ...

The Cambodian Stock Exchange in Phnom Penh was launched by Finance Minister Keat Chhon, who has called on state-owned corporations to prepare for their initial public offerings. No companies as of yet are listed on the Cambodian Securities Exchange (CSX), though the launch was symbolic ...

The Cambodia Security Exchange (CSX) has launched though trading has yet to begin. Government officials and investors are upbeat about the launch saying that it will spur economic growth. The chance for investment in Cambodia is said to have grown significantly since the advent of ...

The Cambodian Stock Exchange(CSX) has prepared its initial public offerings in a symbolic launch, though no public trading was offered. Finance Minister Keat Chhon and his South Korean partners hold a 49 percent stake in exchange. Two state-owned companies will go public including: the Phnom ...

Sonatra Securities a designated broker has launched its operations in Cambodia ahead of the launch of the Cambodian Securities Exchange (CSX). As one of the four companies licensed by the Securities and Exchange Commission of Cambodia, Sonatra will be able to buy and sell shares ...

Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...

The former country partner and staff of Grant Thornton Law and associates in Cambodia have joined the accountancy and advisory firm BDO Malaysia effective July 1, according to a statement. BDO is one of three accounting firms licensed by the Securities and Exchange Commission ...