Thread: Khmer Diary
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Old 06-03-2013, 01:33 PM
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Re: Khmer Diary

Quote:
Originally Posted by kaspa80 View Post
Yep I was there in 2005 to about 2009 when the land price started crashing. Make a bit then on some land speculation but spend it mostly on entertainment. ABA Bank is owned by the same owners of Applifone before they sold it out. Yes, they are from Kazakstan and in my personal opinion, not so safe to put money there. I find Acleda pretty reputable with quarterly financial announcements made. As for Hwang Dbs, it was not DBS that wanted to open the bank there but rather the owner of Hwang Securities in Penang. So, the bank probably has some support from DBS but not much. The owner just passed away and the son is looking to sell Hwang DBS currently. Even Singapore Banking Corporation has been bought by a Taiwanese Bank is I am not mistaken. Used to be owned by Singapore owners, Andy. Of course, the safest place to put your money would be Public Bank or Maybank but the interest offered is so much less. Do explore putting your funds in Hatta or Sathaphana..they offer daily rates at 4% per annum and credited monthly. Easier to take out that way. Used to do that. Take care bro.
Quote:
Originally Posted by boysaigon View Post
one simple fact is that Sg banks are much more kiasu and kiasi compared to the malaysian ones; of course, they may wish to say they are better regulated. The same reasons why you see Public Bank in VN way before UOB.

I know how banks got started in Cam during my short stay there in early 90s. I can only say this: if you have deep enough pocket, you will have a matching set of balls.
Quote:
Originally Posted by Faidenk View Post
Thanks bro, for the info. Currently trying to gather some juicy info on a couple of assassinations Singaporeans were involved in, mainly on the losing end.
I am stuck in Bangkok or else I also want to come over and buy you all beers and listen to stories

I also had a run-in with some Cambodians before and I decided there are better places to work/invest