Finance minister asking Booyoung Group of S Korea for fintech boost
The finance minister has asked South Korea’s Booyoung Group to invest more in the Cambodian financial-technology (fintech) market, which has seen remarkable growth during Covid-19, as the company’s chairman revealed preliminary plans for a university in the Kingdom focused on fintech and taxation. ...
May Kunmakara
https://www.phnompenhpost.com/business/finance-minister-asking-booyoung-group-s-korea-fintech-boost
Group Says Cambodia Should Reflect After Failed UN Seat Bid
The Paris-based International Federation for Human Rights (FIDH) issued a statement on Friday praising the U.N. General Assembly for not voting in favor of Cambodia during its bid for a non-permanent seat on the U.N. Security Council. U.N. member states cast their votes on Thursday in ...
UN Security Council vote up
Cambodia will know by the early hours of tomorrow whether its bid for a seat on the UN Security Council has been a success. The Kingdom is up against South Korea – the home country of UN Secretary-General Ban Ki-moon – and Bhutan for the Asia-Pacific ...
http://www.phnompenhpost.com/index.php/2012101859285/National-news/un-security-council-vote-up.html
Cambodia proposes exclusive Special Economic Zone for Korean Firms to boost investment
Cambodian Prime Minister Hun Manet raised two initiatives to promote trade and investment of Korean investors in Cambodia. The premier spoke at the opening ceremony of the Cambodia-Republic of Korea Business Forum on 16 May 2024 in Seoul, South Korea. ...
Khmer Times Staff
https://www.khmertimeskh.com/501490362/cambodia-proposes-exclusive-special-economic-zone-for-korean-firms-to-boost-investment/
Skyscraper’s woes continue
The saga of the stalled $240 million Gold Tower 42 was revived last week when it emerged that a supplier for the project had accused the owner and builder of failing to pay out nearly $500,000 in fees, according to an injunction request obtained by ...
http://www.phnompenhpost.com/2013061866319/Business/skyscraper-s-woes-continue.html
Woori Bank: 30 years of ‘rapid expansion’
Woori Bank, one of South Korea’s leading commercial banks, is set to inject an additional $100 million into its Cambodian operations next year. This “strategic” move is in response to a notable increase in loan demand, aimed at stimulating business activities that slowed during the ...
May Kunmakara
https://www.phnompenhpost.com/business/woori-bank-30-years-rapid-expansion
South Korean pharma eyes medical device venture in Cambodia
Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...
James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/
LG Brand Shop to open Saturday
South Korea’s LG Electronics said the grand opening of its new outlet on Monivong Boulevard would take place on Saturday. ...
Chinese tourists to Cambodia's Angkor heritage site up 17 pct in first half
The number of Chinese visitors to Cambodia’s Angkor Wat temple, one of the World Heritage Sites, has reached 161,700 in the first six months of this year, a 17 percent rise over the same period last year, an official data showed Friday. The data from the ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/travel/2014-08/01/c_133524492.htm
Japan’s top diplomat set for security talks with Cambodia
Japanese foreign minister Yoshimasa Hayashi announced that he will discuss security cooperation with Cambodia on his August 3 visit, saying such talks are warranted as the international community is facing complicated situations including the Russia-Ukraine conflict, North Korea’s nuke programmes, Myanmar’s ongoing crisis and the ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/japans-top-diplomat-set-security-talks-cambodia
ASEAN seeks stronger economic partnerships with RoK, Russia
Economic ministers of ASEAN countries and the Republic of Korea (RoK) discussed the directions of negotiations for the upgrade of the ASEAN-Korea Free Trade Agreement (AKFTA) during their consultation meeting in Siam Reap, Cambodia, on September 16 within the framework of the 54th ASEAN Economic ...
Khmer Times Staff
https://www.khmertimeskh.com/501152439/asean-seeks-stronger-economic-partnerships-with-rok-russia/
Angkor air set to swoop into Seoul
Cambodia’s flagship carrier Angkor Air will commence services to South Korea, with regular flights between Phnom Penh and Seoul from April 17. ...
May Kunmakara
http://www.khmertimeskh.com/news/21904/angkor-air-set-to-swoop-into-seoul/
ASEAN forum to tackle migrant worker safety
One of the biggest challenges to protecting Cambodian migrant workers is the sheer distance between their homeland and the countries they are working in, Ministry of Labour officials said yesterday. A pattern has emerged in which brokers lure more and more Cambodians away from traditional border-country ...
Cambodia Unsuccessful in Bid for UN Security Council Seat
The U.N. General Assembly’s vote for the Asia-Pacific non-permanent seat on the Security Council went to the wire yesterday night, as a second ballot had to be held when none of the contenders, Cambodia, South Korea and Buthan, won a clear two-thirds majority. After the ...
Chinese tourists overtake S Koreans at Angkor
China has overtaken South Korea to become the largest tourist source to at the Angkor world heritage site, state-run Agency Kampuchea Press (AKP) reported yesterday. ...
Agence Kampuchea Press team
http://www.khmertimeskh.com/news/14009/chinese-tourists-overtake-s-koreans-at-angkor/
South Korean wanted by Interpol apprehended in Sihanoukville
A South Korean fugitive who is wanted by Interpol in connection with extortion in South Korea was arrested on Friday in Preah Sihanouk province, police said Sunday. ...
Ben Sokhean
https://www.cambodiadaily.com/news/south-korean-wanted-by-interpol-apprehended-in-sihanoukville-96371/
Police take delivery of new Riot control trucks
The National Police has purchased a pair of armored riot suppression trucks from South Korea that will be used against protesters and in cases of “terrorism,” officials said Monday. ...
Aun Pheap
https://www.cambodiadaily.com/news/police-take-delivery-of-new-riot-control-trucks-86886/
Cambodian mangoes could soon roll to Seoul
The Ministry of Agriculture signed a memorandum of understanding with South Korea yesterday to export Cambodian mangoes and expand its short list of export destinations, a ministry official said. ...
Sor Chandara
http://www.phnompenhpost.com/business/cambodian-mangoes-could-soon-roll-seoul
China dominates construction
China is the top-ranking foreign investor in the construction and property sectors in Cambodia, with South Korea and Japan coming second and third, according to a new government report. ...
Sum Manet
http://www.khmertimeskh.com/news/29552/china-dominates-construction/
Education official Kry Seang Long still on payroll, colleagues say
Disgraced Education Ministry official Kry Seang Long—who was arrested for sexually assaulting his interpreter in South Korea in May—is still employed at the ministry, officials said this week. ...
Kuch Naren and Ben Paviour
https://www.cambodiadaily.com/news/disgraced-education-official-still-on-payroll-colleagues-say-115051/