Cambodian Stock Exchange Opened but No Stocks to Exchange

With great fanfare, Cambodian Finance Minister Keat Chhon, opened the Cambodian Stock Exchange, yesterday. The exchange has been a source of some embarrassment  for the Cambodian government with the due date for beginning of business having been delayed time and again.

So, not wanting to suffer more embarrassment, Keat Chhon finally cut the ribbon. The problem is though, there won't be any stock-trading going on; there isn't a single Cambodian company that has it's business in order enough to trade publicly.

So like a pub without beer, we have a stock market without a single stock.