Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - In Brief: Bank of China interested

In Brief: Bank of China interested

In Brief: Bank of China interested

THE Bank of China is exploring the possibility of setting up a subsidiary in Cambodia, National Bank of Cambodia Director General Tal Nay Im said Wednesday after meeting with a delegation from the Chinese bank. “We have met with them, they are interested in investing in Cambodia, but they want to study the banking market in Cambodia first,” she said. The delegation, which was led by Wang Lijun, the president of its overseas operations administration, did not set a timetable for entry, she added. The delegation also met with Finance Minister Keat Chhon. The bank had 10,789 domestic and overseas branches, subsidiaries and outlets as of the start of 2009.

RECOMMENDED STORIES

  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all