Logo of Phnom Penh Post newspaper Phnom Penh Post - In Brief: Bourse prakas passed

In Brief: Bourse prakas passed

In Brief: Bourse prakas passed

CAMBODIA’S securities regulator signed off on two prakas (edicts) Friday, one regulating securities firms and the other setting out rules for operators within the securities market, said a statement Friday by the Securities and Exchange Commission of Cambodia (SECC). The prakas are part of 30 being prepared by the SECC to run the bourse, it said. Among the minimum financial requirements set, securities firms wishing to underwrite offerings must have minimum capital of US$9.52 million, dealers $6 million, brokers $1.42 million and investment advisors $0.97 million, the prakas said.

MOST VIEWED

  • Kingdom may hire Turkish power ship

    Cambodia is considering negotiating with Turkey to hire a 200MW-capacity power ship to meet electricity demands as the country faces an ongoing electrical shortage, according to the prime minister. Speaking to garment workers in Pursat province on Wednesday, Prime Minister Hun Sen said Electricite du

  • ‘Kingdom lacks up to 400MW in available electricity’

    Prime Minister Hun Sen has called on the general public, hoteliers and businesspeople with generators to use them as back-up as the Electricity Authority of Cambodia cannot generate enough electricity to meet needs due to low water levels in power station reservoirs. On Saturday evening

  • EDC tackles power shortfall

    Electrcite Du Cambodge (EDC) on Monday issued a statement updating the public on its efforts to tackle insufficient electricity supplies during the ongoing dry season. Reductions in electricity prices have resulted in a steady increase in consumers in the Kingdom, while local and international investors

  • African swine fever spreads to VN-Cambodia border

    African swine fever has spread to parts of Vietnam that border Cambodia’s Ratanakkiri and Kratie provinces, a Ministry of Agriculture, Forestry and Fisheries official said on Friday. Tan Phannara, the General Directorate of Animal Health and Production director-general, told a Phnom Penh workshop that