News
Interested, but not yet committed
From the finance to the education sector, the interest from companies looking to list on Cambodia’s nascent stock exchange is on the rise, a CSX official said yesterday, after a meeting with some of the Kingdom’s largest firms. Some 30 companies, the CSX say, are eyeing ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/interested-not-yet-committed
AFD loan ‘will bring power to rural areas’
The French Agency for Development (AFD) announced yesterday that it will provide $24 million to finance privately owned water and power providers to supply rural areas that state-run utilities cannot reach. During a ceremony held at the Ministry of Economy and Finance, the AFD and the ...
Chan Muyhong
http://www.phnompenhpost.com/business/afd-loan-%E2%80%98will-bring-power-rural-areas%E2%80%99
Wing, Foreign Trade Bank partner to offer prepaid Visa Cards
Mobile payment company Wing and the Foreign Trade Bank (FTB) of Cambodia on Monday announced they had joined forces to expand the bank’s already-existing prepaid Visa card network in an effort to make it easier for locals without bank accounts to have access to electronic ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/wing-foreign-trade-bank-partner-to-offer-prepaid-visa-cards-52487/
Global Fund’s probe saw little cooperation
Financial records the Global Fund requested for its investigation into widespread corruption in health grants to Cambodia were withheld and censored by grant recipients, the probe found, suggesting a systematic attempt to cover up wrongdoing. Out of a total of $220.3 million worth of expenses the ...
Daniel Pye
http://www.phnompenhpost.com/national/global-fund%E2%80%99s-probe-saw-little-cooperation
