Posts made in May 9th, 2013

APAD 132: Figures

Posted by The Insider on May 9, 2013 in A Photo a Day, Addicted to Meme, All things Khmer, Cambodia life, Cycle 2, sights, Signs of Times, That's My World, What's On in Cambodia | 5 comments

This LED signboard greets commuters along the junction of Monivong and Russian Boulevards. It displays daily the figures reflecting the “activities” happening at the from the fledgling Securities Exchange of Cambodia (CSX).

CSX was opened in 2011 and it has now about 12 companies trading there, a third of which are foreign accounts. The idea of a stock exchange is new to most Cambodians and, according to this report, it has been a slow progress.

With majority of the population barely earning the minimum wage, I wonder how many have few dollars left over to invest in stocks. Does an ordinary Cambodian even understand what this is all about, and much more, about investing?