Moody’s Investors Service affirmed Wednesday Cambodia’s government issuer rating at B2 with a stable outlook, stating that recent labour unrest could result in only slightly slower economic growth this year. “Cambodia’s underlying credit strengths are expected to withstand the impact of recent political tensions and labor ...

Woori Bank, South Korea’s second-largest Bank in terms of assets, is vying to purchase a 50 per cent stake Cambodia’s largest microfinance institution, Prasac, the company’s CEO confirmed yesterday. ...

Cambodia’s largest financial institution, Acleda Bank, has been adopted into the World Economic Forum’s group of Global Growth Companies (GGC), an exclusive club made up of some of the world’s fastest-growing medium-size firms. The WEF yesterday announced that 20 companies from the Asia-Pacific region had been ...

A new $10 million project by the Korea International Cooperation Agency (KOICA), to improve rural living conditions and strengthen governance of rural development in the northwestern region of Cambodia, has started successfully. ...

During a Khmer New Year visit to South Korea, Labour Minister Ith Samheng on Monday signed a $3.1 million agreement with his South Korean counterpart to empower Cambodia’s public employment services over the next four years. ...

A group of South Korean delegates on Monday announced that it was seeking to invest in six priority areas in the Kingdom, a move aimed at boosting trade between the two countries. The plans were discussed during a meeting between the Council of Development of Cambodia ...

Cambodia is sending 429 peacekeepers to participate in the United Nations’ joint activities in Mali and South Sudan today as 309 officers in the region are due to return on Friday. ...

Cambodian exporters are hopeful that a free trade agreement with South Korea will boost trade between the nations and attract more investment into the Kingdom.​ Chang Hoon Lee, managing director of Korean exporter Hyundai Agro, said the move is a positive development. A free-trade pact ...

Riding a motorcycle with a cage, Pov Nat scours rural areas for dogs. He pays between 30,000 ($7.38) and 80,000 riel a head and sells the animals to a butcher in Siem Reap. The 21-year-old native of Kampong Cham province began buying dogs after coming to ...

Cambodian Prime Minister Hun Sen plans to visit Seoul next week for talks with South Korean President Park Geun-hye on furthering their economic partnership, Park’s office said Friday. The two leaders are set to hold talks on Saturday on how to boost bilateral cooperation in such ...

Actions by some claimant countries in the South China Sea dispute are further complicating Asean’s diplomatic efforts to draw up a binding Code of Conduct (CoC) to help defuse the ongoing spat. ...

In the wake of 35 documented cases – including two deaths – of Middle East Respiratory Syndrome (MERS) in South Korea, Cambodian Ministry of Health officials are warning Cambodian migrant workers there about the risk. ...

Thousands of people flocked to high schools across Phnom Penh over the weekend to sit for a Korean language test in the hopes of finding higher-paying work in South Korea, students said Sunday. According to a schedule released earlier this month by the Labor Ministry, which ...

The Kingdom of Cambodia and the Republic of Korea will sign a draft free trade agreement (FTA) next week, as the two countries witness their bilateral trade amount on the rise. ...

Bilateral trade between Cambodia and South Korea in the first 10 months of 2021 was worth $791.59 million, down by 10.6 per cent from $885.32 million in the same period in 2020, as the prolonged Covid-19 community transmission continues to take its toll. ...

On 08 February 2022, the Ministry of Foreign Affairs and International Cooperation issued a press release on visiting to the Republic of Korea to co-host the World Summit 2022.Samdech Akka Moha Sena Padei Techo HUN SEN, Prime Minister of the Kingdom of Cambodia, will lead ...

Minister of Foreign Affairs and International Cooperation Prak Sokhonn, who has been appointed as ASEAN Special Envoy on Myanmar, has announced plans for an official visit to the beleaguered nation in March, expressing his intention to meet all “relevant” sides that Naypyidaw will permit.   ...

Cambodia urged the EU and its partners to boost cooperation with Southeast Asian countries to help them enlarge their strategic autonomy through efforts based on mutual respect and trust in order to maintain peace and stability.   ...

On 29 March 2022, the Ministry of Economy and Finance issued a notification on a courtesy meeting between H.E. Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, and H.E. KOO Yun Cheol, Minister for Government Policy Coordination of the Republic of ...

ASEAN foreign ministers have expressed deep concern over the armed conflict between Russia and Ukraine and urged all parties to show the utmost restraint in order to prevent the situation from escalating.   ...