Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Bourse finds first home

Bourse finds first home

Bourse finds first home

The first home of Cambodia’s new stock exchange has been confirmed as Phnom Penh’s tallest building, Canadia Tower.

“We have already agreed for the home stock market to be on the tower’s 25th and 26th floor — it will open soon,” Canadia Bank President Pung Khiev Ser told The Post.

As the tower celebrated its first birthday, Pung Khiev Ser said that preparations were underway to host the bourse, with wiring for a computer network set to be installed.

Earlier this year, the business community voiced growing concerns that little progress had been made for the bourse building outlined for Phnom Penh’s US$2 billion Camko City.

Yesterday, Camko City official Kheng Ser, who is assistant team project manager for developer World City Company, confirmed that construction of the stock exchange had yet to start.
“I don’t know exactly when building will start – it depends on both sides [Camko City and the Ministry of Economy and Finance],” he said.

Hong Sok Hour, director general of the Cambodian Securities Exchange, said yesterday official finalisation of deal was expected “soon”, adding the bourse’s Canadia Tower home was “just the temporary office”.

Inpyo Lee, project director of Korean Exchange, which holds 45 percent stake in the CSX, said he would follow the government’s decision regarding its home. “Your government has a deal with Canadia Tower – we just have to follow up,” he said.

The exchange is set to launch next July “at any cost”, according to a government statement.


  • Professor beaten by mob in Phnom Penh after alleged hit-and-run

    Updated with new information: 6:44am, Tuesday March 13 2018 A university professor accused of a hit-and-run has been transported to Vietnam with serious head injuries after he was brutally beaten by a mob in Phnom Penh late Sunday afternoon. A video of the attack shows a group

  • American ‘fugitive’ arrested in Cambodia outside of US Embassy

    An American citizen was arrested on request by the US Embassy in Phnom Penh on Tuesday, according to Cambodian police. Major General Uk Hei Sela, chief of investigations at the Department of Immigration, identified the man as American Jan Sterling Hagen, and said he was

  • One Australian, one Cambodian killed in explosion at military base

    Updated: 5:20pm, Friday 16 March 2018 An Australian tourist and a Cambodian soldier were killed in an explosion on Thursday afternoon at an army base in Cambodia’s Kampong Speu province. The Australian, whom the government initially identified as a technical demining expert in his 40s, and

  • Australians protest Asean summit visit by PM Hun Sen

    Hundreds of protesters gathered in Sydney’s Hyde Park on Friday to protest against Cambodian strongman Hun Sen, who claimed to have been gifted millions of dollars by the Australian government ahead of a special Asean summit this weekend. An estimated 300 protesters, the majority of