Tag: Cambodia

Education Development in Cambodia

Did you know that Cambodia has a literacy rate of 74 percent? That is considered one of the lowest rates in Asia. Literacy rates are used to determine education quality in each country. However, the primary education completion rate in 2009 was 84 percent and has been slowly increasing. The literacy rate is fairly low …

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Cambodia’s First IPO

Over the summer I wrote a blog post about the Cambodian Securities Exchange (CSX), which is the world’s smallest stock market—a stock market without stocks.  I explained that opening a stock market without any companies listed for trade was not as crazy as it sounded; opening a market marks a new phase of economic development …

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A Stock Exchange Without Stocks

In an interesting move to encourage economic development, Cambodia recently opened its first stock exchange, the Cambodia Securities Exchange (CSX).  What part of that is interesting, you may be wondering?  Well, currently there are no stocks to trade, no companies listed, which makes this the smallest stock exchange in the world.   It’s sort of …

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