Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Forex advice

Forex advice

Forex advice

The Editor,

Please allow me to correct a miscommunication in your article

"Royal into Forex Trading... Deckchairs Not Provided" (April 21 - May


I wish to clarify that we know that there are a few companies

operating in Phnom Penh and they have quite a number of investors as these

investors have visited us and at times, telephoned to get our opinion on the

market trends. A number of these investors that came told us that they have

suffered heavy losses as they normally trade "based on their feelings". They

also asked whether we could supply deck chairs to sleep like others do.

Unfortunately, we do not encourage our investors to do this when they can sleep

comfortably at home if they have a disciplined trading plan.

I would like

to clarify that many local companies obviously do provide data, information and

trading techniques for their investors to trade. What I am saying is that

investors here are not using these as a basis to trade, resulting in heavy

losses. No company can allow or disallow investors to trade "based on whatever"

as the money invested belongs to them, so long as it is within the agreement and

the rules & regulations of the company.

We have told visitors and

potential investors that we are operating in a different concept as we have

specifically trained more than 30 Cambodians to educate and service them with

facilities like up-to-date prices, market analysis, forecasts, trading and

hedging techniques and individual trading plans, according to their needs.

Well I hope this letter will clarify and do justice to my fellow

colleagues in the other local companies. After all, we are in the same field and

I am sure one day we may together assist the Kingdom of Cambodia to develop a

healthy Forex market, hence a healthy economy.

- Bert Lim, General

Manager, Royal Cambodia Trusts and Investments Co Ltd.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australian police investigating death threat against Kem Ley's widow

    Updated: 10:17am, Friday March 23, 2018 Australian authorities on Thursday confirmed they have launched an investigation into a crudely written death threat sent tothe family of slain political analyst Kem Ley and Victoria state MP Hong Lim. The typed letter, reported to Victoria police last week, is

  • Apparel groups including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen

    A group representing some of the largest apparel brands in the US and Europe – including Gap, H&M and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. In an open letter

  • Hun Sen says Montagnards don’t exist in Cambodia

    Prime Minister Hun Sen once again attacked ex-opposition leader Sam Rainsy for pledging “autonomy” to Montagnards, claiming – seemingly incorrectly – the ethnic minority does not exist in Cambodia. “We respect all minorities such as Jarai, Steang, Phnong, but we have never had Montagnards,” the premier said