Seven months after City Hall called for companies to submit proposals for the city’s first-ever bus service, Phnom Penh Municipality has announced that four out of seven companies who have shown interest will be considered. The municipality in May and June 2011 invited all interested companies ...

More Cambodian migrant workers headed to South Korea in the first half of this year than in all of 2011, data from the Ministry of Labour shows. A suspension on Vietnamese migration, coupled with an improving Korean economy, primarily accounted for the jump, officials say. Working ...

International arrivals to Cambodia bounced back in October with a growth of 20% after a below average performance in the third quarter. Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 24.8% to 290,959 during October. The percentage increase for 10 months lifted ...

North Korea yesterday proposed to lower tax and trade barriers with Cambodia. The proposal, if made into a formal agreement, would join a long list of agreements between the two countries that have never been followed through. Hong Ki Chol said such an agreement could ...

Increases in Cambodia’s GDP and foreign direct investment (FDI) are helping to drive the supply and demand in the Kingdom’s office sector, according to a new report from global property agents CBRE. Increasingly, international businesses are favouring Cambodia, in particular Phnom Penh, mainly due to ...

The South Korean Embassy on Wednesday denied a news report that it had lobbied Cambodian military authorities to “crack down on protesters” in a bid to shield Korean investments in the garment industry, prior to Friday’s killing of five protesters and the wounding of more ...

Authorities issued an arrest warrant last week for the director of a local NGO involved with an operation that allegedly bilked thousands out of money by claiming the company could find them work in South Korea. Warrants for the arrests of Theun Samnang, head of NGO ...

North Korea aims to import rice from Cambodia, as well as explore for mineral resources, officials said yesterday. High-ranking officials from Pyongyang met with their Cambodian counterparts in Phnom Penh yesterday, signing agreements on economic and trade cooperation.The two countries had signed seven cooperation agreements beginning ...

Trade between Cambodia and South Korea has risen by almost 40 percent in 2012, a South Korean trade official said. Ki Bong-moon manager of the trade and investment unit at the intergovernmental body the Asean-Korea Centre, said in an email on Sunday that trade between ...

Sun Chanthol, the Minister of Public Works and Transport, said last week that Hanshin Engineering and Construction Company, a Korean firm that won the contract to improve National Road 21, violated the contract with the government by hiring a subcontractor to do the job. ...

Cambodia-Korea Alumni Association (CAMKAA) in cooperation with The Korea International Cooperation Agency (KOICA) Cambodia Office launched the 3rd Seminar on the “Exchange Experiences of the Cambodia Korea Alumni Association” on August 26th to observe the mutual cooperation between Cambodia-South Korea. Mr. Seng Setha, President of CAMKAA, ...

Cambodia on Friday adopted the national policy and strategic plan for green growth 2013-2030, aiming at developing the economy with consideration for environmental and natural resources sustainability. It said the country has already adopted several legal instruments for the green growth implementation. Those included ...

A prime piece of Phnom Penh real estate was put up for auction last week by a South Koran government agency attempting to recoup taxpayers’ money lost during a bank collapse last year. Bids have been made that could see a new development on the site, ...

Cambodian Deputy Prime Minister and Minister of Economy and Finance H.E Keat Chhon said Cambodia Security Exchange (CSX) will begin trading from January 2012. Inaugurated in July, the CSX would be put on hold until next year because some rules and regulations have been being discussed ...

The Phnom Penh Municipal Court ordered on Tuesday that workers striking at Cambo Handsome 1 return to work within 48 hours and banned them from striking in front of the garment factory, in the capital’s Dankgor district. Seang Sambath, president of the Federation of Friendship Unions, ...

A top executive from Cambodian company Vattanac yesterday denied the firm had damaged colonial-era buildings along the capital’s riverfront, as one local business owner sought a new home. Construction at a Vattanac building site – situated on Phnom Penh’s Sisowath Quay – has been at ...

Tourism authorities are concerned that the role of Siem Reap’s Cambodian tour guides catering to Korean tourists is being usurped by interpreters, with the tour guides being relegated to mere porters. This is mainly due to the lack of tour guides who can converse in the ...

Cambodia’s Minister of Commerce Sun Chanthol said Tuesday that the country is expected to achieve its goal of exporting one million tons of milled rice in 2015. “The country had exported more than 400,000 tons in 2013 and there is two years more toward the goal, ...

US-based broker Decker and Co has announced a partnership with the Cambodian unit of South Korea’s Tongyang Securities Inc, one of only seven underwriters licensed by the Cambodia Securities Exchange. In a statement late Tuesday, Decker said partnerships with Tong Yang in Cambodia and BPI Securities ...

Cambodian handicrafts and home decor products could take off with South Korean buyers if certain obstacles – conceptual design, development techniques, and slow delivery services – are overcome, business owners and merchants said yesterday. Speaking at a seminar on Korean Market Access for Cambodia’s textiles at ...