Bank South Pacific’s expansion into the South East Asian market in Cambodia has seen a positive start with its finance looking at announcing a profit of US$1 million (K3.4 million).
Group chief executive officer Robin Fleming said Cambodia is on track from an overall joint venture perspective recognising that BSP (PNG) is a 50 per cent owner of that business.
When asked about its performance since establishment two years ago, Mr Fleming said it’s on track for a profit of US$1 million this year.
In full: https://postcourier.com.pg/cambodia-investment-performing-well/