South Korea’s KB Kookmin Bank, New York-listed KB Financial Group Inc’s (KB) commercial banking unit, on October 20 announced the completion of the acquisition the remaining 30 per cent interest in Prasac, Cambodia’s largest microfinance institution, as it expands its business into the Kingdom’s financial ...

South Korean ambassador to Cambodia Park Heung-kyeong has joined in the pursuit to encourage residents of the East Asian country who are fully vaccinated against the novel coronavirus to choose the Kingdom as their next holiday getaway, after tourism revival plans kick off in end-November. ...

South Korea plans to establish an ASEAN tree garden in Siem Reap province next year, as a symbol of enhanced relations, cooperation and connectivity between the East Asian country and the regional bloc. ...

The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...

In an effort to boost Cambodia’s entertainment industry, local television broadcasters will soon dedicate an hour of prime time programming to airing Cambodian-produced shows and films. During a meeting with the Ministry of Information on Monday, TV station representatives agreed to broadcast locally produced films and ...

Inside a nondescript villa in central Phnom Penh, men and women in white lab coats peer through lenses, carefully studying the magnified objects in front of them. But these aren’t biologists researching cell division or bacteria; these are gem testers concerned with inclusions and refractive indices on rubies, sapphires and other precious stones. They are working ...

Open Development Cambodia (ODC) publishes a new topic page on the “Banking and financial services”. On the new bilingual page, the public will be able to get more information regarding banking and financial services in Cambodia, together with an understanding of the evolution of policies ...

Open Development Cambodia (ODC) publishes a new topic page on the “Securities exchange (stock market)”. On the new bilingual page, the public will be able to get more insights into the development and evolution of the securities exchange in Cambodia, together with some related data, ...

Cambodian police officers need to step up their game, the Kingdom’s top cop told his department hierarchy this week.Speaking at a ceremony to promote two senior officers on Monday, National Police chief Neth Savoeun said staff who want to be promoted or rewarded needed to ...

Australian-listed firm Donaco International, which currently has operations in Vietnam, has confirmed it is entering Cambodia’s already-crowded casino and gaming industry. The company announced on Friday that it had entered into an acquisition agreement to purchase the Star Vegas Resort and Club casino in Cambodia’s Poipet ...

The Ministry of Industry, Science, Technology and Innovation is teaming up with South Korea to find a suitable location in Cambodia to set up a food testing centre over the next five years, and make inspections of domestic and export products for quality, safety and ...

A Korean-style forest park will be set up near Angkor Wat Buddhist temple complex, Cambodia’s most famous tourist destination, using South Korean forest management technology. ...

South Korea’s Ministry of Science and ICT have expressed interest in enhancing cooperation between Korean digital companies and those in Cambodia, in order to support digital business development in the Kingdom. ...

Preah Sihanouk province plans to attract a new type of Chinese investor which could restore the image of Sihanoukville as a tourist city and shift investment away from casinos. In a meeting with Chinese embassy officials in August, provincial governor Kuoch Chamroeun said the current ...

The latest crackdown on illegal logging in Cambodia is “just a game” and big timber traders are winning, says Ouch Leng, a former government official who has spent two decades helping poor villagers fight poaching of precious tropical forests. Leng’s tenacious and perilous crusade to stop ...

The Human Rights Party closed yesterday of its own accord, officially removing itself from any conversation about potential challengers to the ruling party in the absence of the CNRP. The move was met with mixed responses yesterday – with some lamenting the loss of a “back-up” ...

A Cambodian Monk in South Korea alleged that there are some officials in the Foreign and Interior Ministries illegally issuing service passports for Cambodian migrants in order to work in South Korea, according to video footage posted by a local media outlet on Monday. The ...

The bodies of a 39-year-old woman and her 18-month-old nephew were recovered Thursday two days after a riverbank collapse caused their home in Kandal Province’s Khsach Kandal district to plunge into the Mekong River while they slept, but the woman’s 3-year-old son has not yet ...

NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

The Ministry of Labour announced yesterday that thousands of Cambodian workers can register to work in South Korea through the Employment Permit System (EPS). ...