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/
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
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
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/
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 ...