Logo of Phnom Penh Post newspaper Phnom Penh Post - Banker to lead Khmer-Chinese coterie

Banker to lead Khmer-Chinese coterie

Content image - Phnom Penh Post
Prominent banker and businessman Pung Kheav Se speaks at a press conference held at Toyoko Inn in Phnom Penh in 2015. Heng Chivoan

Banker to lead Khmer-Chinese coterie

Banking pioneer Pung Kheav Se was appointed yesterday as president of the Association of Khmer-Chinese in Cambodia, succeeding Duong Chhiv, who retired after holding the post for 16 years.

Kheav Se said during the ceremony that he would use his mandate to promote Chinese language and culture in Cambodia, further strengthen the Cambodia-China relationship, and attract more Chinese investors to Cambodia.

“We will create two more units in the association, a commercial promotion office and a legal consulting office,” he said. “These units will facilitate the flow of investment information and arrange business matchmaking, and play a key role as a bridge for Chinese people in Cambodia.”

Kheav Se, a Cambodian of Chinese decent, fled Cambodia in the 1970s to Canada. He returned in 1991 to co-found what is now Canadia Bank, currently the second-largest commercial bank.

He is also the CEO of real estate developer Overseas Cambodia Investment Corporation (OCIC), whose multibillion-dollar projects include Diamond Island City and Chroy Changvar Satellite City in Phnom Penh.

The Association of Khmer-Chinese in Cambodia is a representative body for the estimated 700,000 Cambodians of Chinese extraction living in the Kingdom.

Xiong Bo, China’s Ambassador to Cambodia, who attended yesterday’s event, said the association plays a crucial role in unifying Cambodia’s Chinese community and contributes to the country’s socio-economic development.

MOST VIEWED

  • Phnom Penh placed in two-week lockdown

    The government has decided to place Phnom Penh in lockdown for two weeks, effective April 14 midnight through April 28, as Cambodia continues to grapple with the ongoing community outbreak of Covid-19, which has seen no sign of subsiding. According to a directive signed by Prime Minister

  • Cambodia on the verge of national tragedy, WHO warns

    The World Health Organisation (WHO) in Cambodia warned that the country had reached another critical point amid a sudden, huge surge in community transmission cases and deaths. “We stand on the brink of a national tragedy because of Covid-19. Despite our best efforts, we are

  • Hun Sen: Stay where you are, or else

    Prime Minister Hun Sen warned that the two-week lockdown of Phnom Penh and adjacent Kandal provincial town Takmao could be extended if people are not cooperative by staying home. “Now let me make this clear: stay in your home, village, and district and remain where

  • Businesses in capital told to get travel permit amid lockdown through One Window Service

    The Phnom Penh Municipal Administration has issued guidelines on how to get travel permission for priority groups during the lockdown of Phnom Penh, directing private institutions to apply through the municipality's One Window Service and limit their staff to a mere two per cent. In

  • Vaccination open to foreigners in Cambodia

    The Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial

  • Ministry names types of business permitted amid lockdown

    The Ministry of Labour and Vocational Training singled out 11 types of business that are permitted to operate during the lockdown of Phnom Penh and Takmao town, which run through April 28. Those include (1) food-processing enterprises and slaughterhouses; (2) providers of public services such as firefighting, utility and