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Manulife targets Cambodia life insurance market

Manulife Financial has received “approval in principle” from Cambodia’s Ministry of Economy and Finance to set up a wholly foreign-owned life insurance operation. Cambodia expands Manulife Asia’s operations to an 11th territory. David Wong, senior vice president, ASEAN Operations said, “We are grateful for the Cambodian Government’s support. This expansion demonstrates our commitment to Asia and our success as a…

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