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Cambodia, South Korea commit to stronger trade relations

Prime Minister Hun Sen and his South Korean counterpart, President Moon Jae-in, on Friday agreed to work together to boost trade and investment between the two nations.​ On Saturday, Mr Moon left Cambodia after a three-day state visit during which he also led a delegation ...

May Kunmakara
https://www.khmertimeskh.com/50587660/cambodia-south-korea-commit-to-stronger-trade-relations/

South Korea FTA set to be signed Oct 26

The Cambodia-South Korea Free Trade Agreement (CKFTA) is set to be signed on October 26, ushering in a new chapter that will open up fresh avenues in trade and investment between the two Asian nations, according to a senior Ministry of Commerce official. ...

May Kunmakara
https://www.phnompenhpost.com/business/south-korea-fta-set-be-signed-oct-26

Cambodia, RoK to sign FTA soon

The Republic of Korea has said that it has made further progress in fleshing out details for the planned free trade agreement (FTA) with Cambodia as Seoul seeks to broaden economic ties with Southeast Asian nations and diversify its export portfolio. ...

Khmer Times Staff
https://www.khmertimeskh.com/50733332/cambodia-rok-to-sign-fta-soon-2/

China to hold military drills with SE Asian countries amid tensions in South China Sea

 China will hold a joint military exercise with five Southeast Asian countries this month, with experts saying on Sunday that the move is conducive to the safeguarding of regional peace and stability amid repeated provocations by the Philippines over Chinese islands and reefs in the ...

Khmer Times Staff
https://www.khmertimeskh.com/501391313/china-to-hold-military-drills-with-se-asian-countries-amid-tensions-in-south-china-sea/

Korea FDI in Kingdom reaches $5 billion, says Prime Minister

Prime Minister Hun Manet yesterday said that the bilateral trade volume between the Republic of Korea and Cambodia reached approximately $751 million while Korea’s foreign direct investment (FDI) in the Kingdom recorded $30 million last year, taking the total FDI from the country to $5 ...

Nhean Chamrong
https://www.khmertimeskh.com/501489820/korea-fdi-in-kingdom-reaches-5-billion-says-prime-minister/

Kingdom pursuing tax treaty with South Korea

South Korea is pushing forward with discussions to hammer out a double taxation agreement (DTA) with the Kingdom that would provide an additional incentive for Korean businesses to set up shop and increase fiscal transparency while shielding individuals and corporations from being taxed twice. ...

Kali Kotoski
http://www.phnompenhpost.com/business/kingdom-pursuing-tax-treaty-south-korea

Cambodia greets 333,900 Chinese tourists in 2012, up 35 pct

Cambodia attracted 333,900 Chinese tourists last year, a 35 percent rise compared with 247, 200 Chinese visitors in a year earlier, according to a report of the Ministry of Tourism on Tuesday. “We see a steady rise of Chinese tourists to Cambodia from year to ...

http://news.xinhuanet.com/english/travel/2013-02/12/c_132165732.htm

South Korea lends $52.2M for road renovation

South Korea has loaned Cambodia $52.54 million to renovate the 63.5km-long National Road 21, which connects the provinces of Kandal and Svay Rieng, according to a statement yesterday by the Ministry of Finance ...

Gov't Approves Nearly $500M in Investments

Cambodia approved a total of $479.68 million in new investment projects between January and June with more than 70 new ventures in the pipeline, according to date released yesterday by the Council for the Development of Cambodia (CDC). Investments in the garment sector continued to dominate new investments, comprising 49 of ...

PM gives recommendations at Asean veterans assembly

Prime Minister Hun Sen left recommendations for the Veterans Confederation of Asean Countries (Veconac) to help it attain new achievements in the interest of the general welfare of veterans in each member-nation. The recommendations were made on Tuesday at the 19th General Assembly of the ...

Niem Chheng
https://www.phnompenhpost.com/national/pm-gives-recommendations-asean-veterans-assembly

Cambodia hedges its bets as sea tensions rise

As Ashton Carter toured Asia this week amid rising tensions over the South China Sea, Cambodia once again backed China’s position in the dispute, warning that recent remarks by the U.S. defense secretary were “provocative” and threatened the very peace the U.S. claims to be ...

Simon Henderson
https://www.cambodiadaily.com/news/cambodia-hedges-its-bets-as-sea-tensions-rise-84954/

S Korea assists to build Digital Gov’t Co-op Centre

A digital government cooperation centre is in the works to help Cambodia reform its public service delivery as well as to revolutionise its administration system as a whole with assistance from the South Korean government. ...

Tin Sokhavuth
https://www.khmertimeskh.com/50893314/s-korea-assists-to-build-digital-govt-co-op-centre/

Seoul visit as tensions mount

In the light of growing tensions between North and South Korea, officials from the Ministry of Labour will head to Seoul on Thursday for a weeklong visit to inform Cambodian workers on emergency evacuation procedures. An estimated 25,000 Cambodians, a figure that includes roughly 5,000 illegal ...

http://www.phnompenhpost.com/2013040964963/National/seoul-visit-as-tensions-mount.html

Korea hands over aviation center

Three and a half years after signing a memorandum of understanding on the project, the Korean International Cooperation Agency (KOICA) in Cambodia handed over a $10.1 million aviation training center to the government yesterday. ...

Ven Rathavong
http://www.khmertimeskh.com/news/30685/korea-hands-over-aviation-center/

Maid firm exposed

Scores of crying women who said they had been forcibly detained and girls who claimed to have received fake documents to conceal the fact that they were as young as 16-years-old were discovered at a centre owned by the SKMM Investment Group labour recruitment firm ...

Yi Somphose, Tep Nimol, David Boyle and Eak Soung Chhay
http://www.phnompenhpost.com/national/maid-firm-exposed

Cambodia working to resolve South China Sea disputes: FM

 Cambodia’s foreign minister, Prak Sokhon, has said that the country is working behind the scenes to mediate disputes between its ally China and partners in the Association of Southeast Asian Nations over the South China Sea. ...

Hul Reaksmey
http://www.voacambodia.com/a/cambodia-working-to-resolve-south-china-sea-disputes-foreign-minister/3440442.html

Rainsy to Meet Cambodian Workers in South Korea

Opposition CNRP leader Sam Rainsy is to meet with Cambodian migrant workers during a two-day trip to South Korea later this week, at the end of a European tour that has included stops in Geneva, Brussels and Paris. “He will be visiting [South] Korea to meet ...

Mech Dara and Alice Cuddy
http://www.cambodiadaily.com/news/rainsy-to-meet-cambodian-workers-in-south-korea-51349/

Cambodia sets up working group to develop strategy to take advantage of free trade agreement with China, Korea

The Ministry of Commerce has set up a working group to study and collect input from stakeholders and the private sector to develop strategies to maximize the implementation of the Free Trade Agreement, of which Cambodia is a signatory. This was said by Pan Sorasak, ...

Khmer Times Staff
https://www.khmertimeskh.com/50966127/cambodia-sets-up-working-group-to-develop-strategy-to-take-advantage-of-free-trade-agreement-with-china-korea/

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