Besides attracting international investors, Cambodia’s new stock exchange is expected to nudge this Southeast Asian country towards greater transparency.
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 Commission of Cambodia. 'Financial information has to be audited and disclosed regularly.' Read more
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