.jpg)
The Stock Exchange of Thailand (SET) and Cambodia Securities Exchange (CSX) today have signed the extension of the Memorandum of Understanding (MoU) to promote development of capital markets in Cambodia and Thailand.
SET and CSX have also jointly arranged an exclusive networking activity in Bangkok for participants from 15 Thai securities companies, four Cambodia securities firms, as well as institutional investors and capital market executives from Thailand and Cambodia to update information, while exchanging views and experiences. In addition, the seminar on investment opportunities in Cambodia has also been organized, well attended by 80 participants from securities companies in Thailand and Cambodia. This will boost the competitiveness of CLMVT (Cambodia, Laos, Myanmar, Vietnam and Thailand) capital markets as such raising their global profiles.
SET President Kesara Manchusree stated, "As a key sub-region connector, SET has formed alliances and established collaboration with exchanges in CLMV to continually expand its products and services to serve diverse investment demands in the market. The MoU between SET and CSX started in 2014 to synergizing concerted efforts on capital market development between two countries. The extension of the MoU period will enhance our long-term collaboration on human resource training, finance and investment professional training, information sharing and promoting capital market business opportunities between the two exchanges.”
Hong Sok Hour, CEO of Cambodia Securities Exchange, said that "The MoU is the continuation of the first MoU that has opened ways for various concrete and fruitful cooperation from exchanging market data, sharing experiences. This renewal is to pursue long term cooperation and bring about closer ties for the mutual benefits and development of our respective capital markets."
