KDIC digs in to recover local Korean assets
South Korea’s state-run deposit insurer opened its first overseas branch in Phnom Penh yesterday in a move to sell off the bank and property assets of Korean banks that went belly up in 2011. ...
Kali Kotoski
http://www.phnompenhpost.com/business/kdic-digs-recover-local-korean-assets
Korean firm plans JV expressway to Sihanoukville
Cambodia’s Global CAM Project Development Plc on Friday signed a memorandum of understanding (MoU) with Korea’s Green Eco Energy Co. Ltd. to build a high-speed expressway from Phnom Penh to Sihanoukville, executives from the two firms said. ...
Sok Chan
http://www.khmertimeskh.com/news/18056/korean-firm-plans-jv-expressway-to-sihanoukville/
Samsung C&T mulls investing in Cambodia
South Korea’s Samsung C&T Corp has expressed interest in investing an undisclosed sum in Cambodian transport infrastructure, to enhance the economic growth of the ASEAN country. ...
May Kunmakara
https://www.phnompenhpost.com/business/samsung-ct-mulls-investing-cambodia
Protest still on: youth leader
Ignoring objections and even vague threats made by the Foreign Affairs Ministry, Cambodian activists in South Korea plan to stage a protest on Sunday ahead of a five-day summit Prime Minister Hun Sen is scheduled to attend on December 10. Around 1,500 opposition supporters intend to ...
Laignee Barron
http://phnompenhpost.com/national/protest-still-youth-leader
Hyundai Engineering wins $120mn order to build a mall in Cambodia
South Korea’s Hyundai Engineering won a $120 million deal from a Japanese retail giant Aeon Co. to build a shopping mall in the Kingdom of Cambodia, a deal that is expected to help the Korean engineering company that has been focusing on plant construction diversify ...
Lee Han-na
http://pulsenews.co.kr/view.php?year=2016&no=407384
Press release signing ceremony between H.E. PAN Sorasak, Minister of Commerce of Cambodia and H.E. YOO Myung-Hee, Minister for Trade of Republic of Korea on the Joint Statement on the Launch of the Joint Study on a Possible Free Trade Agreement between Cambodia-Republic of Korea
On 25 November 2019, the Ministry of Commerce issued a press release on the signing ceremony between H.E. PAN Sorasak, Minister of Commerce of Cambodia and H.E. YOO Myung-Hee, Minister for Trade of Republic of Korea on the Joint Statement on the Launch of the ...
Ministry of Commerce
New Cafe to Enter Growing Cambodian Market
Caffe Bene, South Korea’s second-largest coffee chain, on Tuesday announced plans to open in Cambodia, according to a Korean media report. But while its entrance adds one more competitor to the more than half-a-dozen coffee chains already in the country, local franchises said the market is ...
http://www.cambodiadaily.com/business/new-cafe-to-enter-growing-cambodian-market-36434/
Ukraine considers military shipbuilding cooperation with Cambodia
Ukraine is considering plans to cooperate with Cambodia, Thailand and South Korea in the field of military shipbuilding, according to Interfax-Ukraine. A report late Wednesday quoted Ukroboronprom State Concern as saying that prospects for military and technical cooperation with Cambodia were discussed with Cambodian Navy officials ...
Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MTQ5MmUxYWEwZjB
Key joins Asian free trade talks
Prime Minister John Key has joined a launch of Asian free trade talks – but made it clear he favours a US-backed deal. The East Asian Summit wrapped up in Phnom Penh yesterday with Asian leaders formally announcing a start to negotiations towards a Regional Comprehensive ...
http://www.stuff.co.nz/business/7978019/Key-joins-Asian-free-trade-talks
Policy to expand sector
The government plans to implement an industrial policy designed to promote development of the manufacturing sector. Speaking at a business networking dinner prepared by the Cambodian Federation of Employers and Business Associations on Wednesday, Sok Chenda Sophea, secretary general of the Council for the Development of ...
http://www.phnompenhpost.com/2013031161862/Business/policy-to-expand-sector.html
Speaking in tongues: Young Cambodians learning foreign languages to improve economic opportunities
In the globalised world, being able to communicate in more than one language is becoming essential for many people seeking rewarding careers. Young Cambodians have taken this message to heart and are learning Cambodia is slowly moving up the development ladder but low-wage factory labour still ...
http://www.bangkokpost.com/business/news/365365/speaking-in-tongues
Preah Ang Duong ENT hospital opens with funding from Korea
The Ear, Nose and Throat (ENT) Centre of Preah Ang Duong Hospital, completed at a cost of about $8 million – received as a grant from South Korea through the Korea International Cooperation Agency – was inaugurated on March 28. ...
Mom Kunthear
https://www.phnompenhpost.com/national/preah-ang-duong-ent-hospital-opens-funding-korea
Government warns of bird flu
The Ministry of Health has called on all travelers to beware of a new strain of bird flu that is now spreading in South Korea and Japan. In a notice released yesterday, the Health Ministry said the discovery of H5N6, a new strain of the bird ...
Taing Vida
http://www.khmertimeskh.com/news/33918/government-warns-of-bird-flu/
KB Kookmin Bank launches integrated bank in Cambodia
South Korea’s KB Kookmin Bank on Sunday said it received final approval on Friday from Cambodia’s Ministry of Commerce to launch the integrated commercial bank KB Prasac Bank. ...
Khmer Times Staff
https://www.khmertimeskh.com/501338603/kb-kookmin-bank-launches-integrated-bank-in-cambodia/
South Korean bank invests in Kingdom
The embassy of Cambodia to the Republic of Korea signed a memorandum of understanding (MoU) with DGB Bank to provide cooperation in promoting investment in Cambodia as well as protection for Cambodians in South Korea. ...
Sok Chan
https://www.khmertimeskh.com/50818388/south-korean-bank-invests-in-kingdom/
Cambodians and Koreans Join Protest in Seoul
Hundreds of Cambodians living in South Korea protested in front of Seoul’s City Hall on Sunday, demanding justice for five garment workers killed in clashes with police on January 3, and calling for Prime Minister Hun Sen to step down. With public protests indefinitely banned in ...
Colin Meyn
http://www.cambodiadaily.com/news/cambodians-and-koreans-join-protest-in-seoul-50459/
Cambodia receives 3.6 mln overseas tourists in 10 months
Cambodia welcomed 3.6 million overseas tourists in the first 10 months of 2014, up 6 percent compared to the same period last year, a tourism official said on Wednesday. Kong Sopheareak, chief of the statistics and planning department at the Ministry of Tourism, said the top ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-12/10/c_133845725.htm
Armac receives $2 million from South Korea gov’t for mine victims
The ASEAN Regional Mine Action Center (Armac) in Phnom Penh has received approximately $2 million from the government of South Korea through the ASEAN-Korea Cooperation Fund (AKCF) for victims of mines or explosive remnants of war (ERW). .. ...
Rhea Mae Soco
https://www.khmertimeskh.com/50803967/armac-receives-2-million-from-south-korea-govt-for-mine-victims/
Kingdom to export fresh food to S. Korea by end of June
Hyundai Agro (Cambodia) will export fresh vegetables and other fresh ingredient from Cambodia to South Korea by the end of June this year, its managing director said. ...
Sok Chan
https://www.khmertimeskh.com/50720708/kingdom-to-export-fresh-food-to-s-korea-by-end-of-june/
Retail, luxury sectors set for lift from Cambodia-Korea JV
The local WorldBridge Group of Companies and South Korean-owned Luxury Business Group (LBG) entered into a joint venture (JV) to develop professional training in the Cambodian retail industry, with a focus on the luxury segment. ...
May Kunmakara
https://www.phnompenhpost.com/business/retail-luxury-sectors-set-lift-cambodia-korea-jv