News

Banks raise concerns for a new derivative trading law

The Association of Banks in Cambodia has called on the Securities and Exchange Commission to ensure that over-the-counter derivatives transacted by banks do not fall under the governance of the new draft prakas governing derivatives trading on Cambodia’s stock exchange. Speaking at a workshop in Phnom ...

Hor Kimsay
http://www.phnompenhpost.com/business/banks-raise-concerns-new-derivative-trading-law

Mining giant seeks to settle corruption case with US

Australian mining giant BHP Billiton has announced that it is in negotiations with the U.S. government to settle allegations of corruption abroad, which include claims that the company paid a $2.5 million bribe to Cambodian officials to secure exploration rights in the country’s northeast. ...

Zsombor Peter
http://www.cambodiadaily.com/news/mining-giant-seeks-to-settle-corruption-case-with-us-71097/

Beeline In Negotiations with Potential Buyer

VimpelCom, the parent company of local mobile operator Beeline, is looking to sell the majority share of its Cambodian assets and has entered into negations with a possible buyer, according to a document obtained yesterday. “VimpelCom intends to dispose its entire indirect 90.0 percent stake in ...

http://www.cambodiadaily.com/business/beeline-in-negotiations-with-potential-buyer-16275/

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