Reason for this visit

In view of Cambodia's economic structure that is highly dependent on foreign exchange reserves, it is bound to be highly open to investment, and there is almost zero threshold for foreign capital to enter Cambodia. Cambodia also relies on open policies, sustained economic growth, rapid expansion of domestic production capacity, and continuous improvement of national infrastructure and financial investment regulations, all of which are conducive to its growth as the next "financial center." Recently, investors have called to ask for more exposure of Cambodian licensees whose actual addresses are inconsistent with the regulatory addresses. Based on the feedback from investors and the work plan of the survey team, the survey staff are going to visit BIC Market, a licensed dealer in Cambodia, to learn more about the actual situation.

On-site visit

Regulatory information shows that the address of the licensed company of BIC Market in Cambodia is No 462, St 93, Sangkat Tonle Bassak, Khan Chomkarmon Phnom Penh, Cambodia. The investigators conducted a field visit to this location.

The building where the dealer's office is located can be found in the prosperous area of Phnom Penh, the capital of Cambodia. It is a professional office building, next to a large shopping mall, crowded with people. The company uses the entire building independently on a large scale. Unfortunately, the investigators were not allowed to go in for a visit.

Conclusion

The investigators went to visit the dealer BIC Market in Cambodia as planned. The dealer’s logo can be found on the publicly displayed address, indicating that the dealer has a real business place. Unfortunately, the investigators failed to enter the company for further visit, so the specific scale of the business remains unknown. Investors are asked to make a sensible choice after careful consideration.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.