Thursday, October 21, 2010

Cambodia commodity exchange remains shelved

October 20, 2010

PHNOM PHEN (Commodity Online) : More than three months after its scheduled opening date, Cambodia’s only commodity exchange remained shelved as authorities failed to draft regulations to govern the exchange.

The privately-owned Cambodian Mercantile Exchange was due to launch on July 30 and begin online trading of 11 commodities by mid-August.

CMEX officials have repeatedly declined to comment on the reasons for the delay.

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