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

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

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