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Migrant workers boost national economy

While improving their livelihood, Cambodian migrant workers, including those in the Republic of Korea (RoK), have significantly contributed to boosting the national economy. ...

Khmer Times Staff
https://www.khmertimeskh.com/501274997/migrant-workers-boost-national-economy/

Press release: Signing of MoU on development cooperation between Republic of Korea and 5 ASEAN Countries during the Investment ASEAN 2019

On Monday Afternoon 25th November 2019 in Busan, Republic of Korea, H.E Chhieng Yanara, Minister Attached to the Prime Minister, has signed on behalf of the Royal Government of Cambodia on MoU on Development Cooperation between Republic of Korea and 5 ASEAN countries such as ...

The Council for the Development of Cambodia

Download: pdf

Fake Orphanage Ordered Closed After Alleged Migrant Scam

The Ministry of Interior has suspended the operation of an orphanage after it found that its director had colluded with a recruitment agency to cheat migrant workers out of an alleged $600,000, officials said Tuesday. “The Ministry of Interior temporarily suspends all activities of Our Friends ...

Khuon Narim
http://www.cambodiadaily.com/news/fake-orphanage-ordered-closed-after-alleged-migrant-scam-51114/

Japan to support more pro-environment initiatives

The Environment Ministry yesterday said Japan renewed its desire to support pro-environment initiatives in Asean countries, including Cambodia. Asean Plus Three countries (China, Japan and South Korea) are currently here attending the 15th Asean Ministerial Meeting on Environment. Japan expressed its desire to support the initiatives ...

Khy Sovuthy
https://www.khmertimeskh.com/50649708/japan-to-support-more-pro-environment-initiatives/

Protest at Pursat’s monkey business factory

More than 100 striking workers at the Vanny Bio-Research company in Pursat town agreed to go back to work yesterday after mediators promised to find an adequate resolution to their demands for a wage hike. The company breeds and cares for 30,000-40,000 monkeys they sell to ...

Mom Kunthear
http://www.khmertimeskh.com/news/27154/protest-at-pursat---s-monkey-business-factory/

Workers say ASEAN integration won’t bring them home

When Asean more closely integrates economically later this year, more goods and services will flow freely between member states.But that will likely mean a greater outflow of Cambodian workers abroad, and not the reverse, workers say. That includes travel to countries outside Asean, like South ...

Sok Khemara
http://www.voacambodia.com/content/workers-say-asean-integration-wont-bring-them-home/2947051.html

Machinery Imports Soar Through First Six Months

Sihanoukville Autonomous Port has seen an increase of 520 percent in the amount of construction machinery being imported. According to Chea Sambath, director of the port’s planning and statistics department, the increase is as a result of the increased investment in roads, hydropower dams and ...

Medicine smugglers jailed

After being found guilty yesterday, the Phnom Penh Municipal Court handed four men prison sentences and fines for their involvement in a smuggling ring, which brought more than two and a half tonnes of illegal cold medicine into the Kingdom from South Korea. Both men ...

http://www.phnompenhpost.com/index.php/2012032055129/National-news/medicine-smugglers-jailed.html

National carrier expands routes

The Kingdom’s national flagship carrier Cambodia Angkor Air is now setting its sights to fly to international destinations in an interline agreement with South Korea-based Jin Air. A memorandum of understanding (MoU) signed between Cambodia Angkor Air and Jin Air late last week paves the ...

May Kunmakara
http://www.khmertimeskh.com/news/25814/national-carrier-expands-routes/

Cambodia has 2.36 million registered automobiles, motorcycles

Cambodia has currently had 2.36 million registered automobiles and motorcycles, according to the figures of the Ministry of Public Works and Transport on Friday. The country has 377,660 cars, buses, and trucks, and 1.98 million motorcycles, said the figures. Vehicles are mostly purchased from Japan, Thailand, Vietnam, ...

Global Times News Staff
http://www.globaltimes.cn/content/828641.shtml#.UpwIytKBlmM

Maiden landing at beachside airport

Sihanouk Ville International Airport received its first international flight this week, a landing the industry hopes will open up the coastal resort destination to more foreign tourists. A flight by South Korea-based Skywings Asia Airlines, an international charter carrier, arrived from Seoul on Tuesday. One hundred ...

Post Staff
http://www.phnompenhpost.com/business/maiden-landing-beachside-airport

PPCBank raises $10M, lists first corporate bond on CSX

South Korea-owned Phnom Penh Commercial Bank Plc (PPCBank) on Tuesday officially listed its first corporate bond on the Cambodia Securities Exchange (CSX). ...

May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-raises-10m-lists-first-corporate-bond-csx

Migrant workers receive aid

The International Organisation for Migration (IOM) and the Korea International Cooperation Agency (KOICA) visited migrant workers returning from Thailand at a quarantine centre in Prey Veng province. ...

Mom Kunthear
https://www.phnompenhpost.com/national/migrant-workers-receive-aid

Cambodian delegation attends South Korean Green network conference

Cambodia calls on South Korea to expand bilateral cooperation, including private investment in waste management and recycling, carbon credit projects, green financing and human resource development. ...

Sok Raksa
https://www.phnompenhpost.com/national/cambodian-delegation-attends-south-korean-green-network-conference

Posts ministry offers rapid test kits at cost from S Korea, China

The Ministry of Posts and Telecommunications has announced that it will distribute two types of Covid-19 antigen rapid tests from South Korea and China, which will be made widely available at cost price. ...

Voun Dara
https://www.phnompenhpost.com/national/posts-ministry-offers-rapid-test-kits-cost-s-korea-china

China's investment in Cambodia reaches 8.8 bln USD

PHNOM PENH– Cambodia has received 8.8 billion U.S. dollars of investments from China from 1994 to July 2011, making China the leading country in the investments in the country, according to the reports from the Council for the Development of Cambodia (CDC) on Tuesday. The ...

http://news.xinhuanet.com/english2010/china/2011-09/06/c_131104903.htm

The Kingdom’s first IPO

The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...

http://www.phnompenhpost.com/index.php/2012030854926/Business/the-kingdoms-first-ipo.html

Press​ Release​ on​ a​ courtesy​ meeting​ between​ H.E​ Dr.​ Aun​ Pornmoniroth,​ Deputy​ Prime​ Minister​ and​ Minister​ of​ Economy​ and​ Finance,​ with​ Dr.​ Lee​ Joong​ Keun,​ Chairman​ of​ Booyoung​ Group​ of​ the​ Republic​ of​ Korea

On 18 October 2022, the Ministry of Economy and Finance issued a press release on a​ courtesy​ meeting​ between​ H.E​ Dr.​ Aun​ Pornmoniroth,​ Deputy​ Prime​ Minister​ and​ Minister​ of​ Economy​ and​ Finance,​ with​ Dr.​ Lee​ Joong​ Keun,​ Chairman​ of​ Booyoung​ Group​ of​ the​ Republic​ of​ ...

Ministry of Economy and Finance

Download: pdf

Seoul looks abroad for farmland

The South Korean government is looking to procure farmland aboard, approximately 380,000 hectares by the year 2018. The government is providing assistance to companies that lease arable land or buy stakes in overseas operations and are looking for such potential in Cambodia as well as ...

Angkor Wat Visits Up on Asia Tourist Arrivals

THE number of international tourists visiting Siem Reap’s Angkor Wat temples increased 23 percent year-on-year through July, with statistics showing notable growth in travellers from Vietnam, South Korea, China and Japan. Some 907,463 tourists arrived at Angkor Wat in the first seven months of 2011, up ...

http://www.phnompenhpost.com/index.php/2011082251171/Business/angkor-wat-visits-up-on-asia-tourist-arrivals.html

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