Cambodia: Much-delayed stock exchange targets July launch

At least three SOEs expected to list; Debate over currency unresolved

The Cambodian authorities have announced that the country’s stock exchange is to launch in July this year, after a series of delays stretching back over many years. Euromoney last reported on the progress of the exchange in November 2008 (Cambodia builds stock exchange, Euromoney, November 2008), when the country’s government, in partnership with the Korea Stock Exchange, announced a September 2009 launch date. Those plans appeared to have been put on hold while Cambodia dealt with the economic fallout from the global financial crisis, including a severe slowdown in the critical garments sector and rapidly rising inflation.

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