The foreign commercial arbitration case between South Korean Kookmin Bank and World City Asset Management and World City, two real-estate development firms, has been received by the Cambodian Court of Appeals. World City Asset Management received a loan from Kookmin bank in Korea in 2007 to ...

One of the top three manufacturers of mobile phones for the Cambodian market, LG, is likely to roll out its new flagship product, the Optimus G, by the end of the year. Success in the smartphone market would signal a successful turnaround for LG. Prior ...

After two years of assembling Hyundai vehicles in Cambodia for the domestic market, South Korea-based Hyundai Motor Company is increasing its production to meet rising demand, aiming to reach 800 units in 2013, a company’s representative said. Located in the Koh Kong Special Economic Zone, ...

The growth in international tourists visiting Cambodia is almost 27 per cent that of the numbers seen during the first six months of 2011, according to tourism officials who are predicting that the growth may be 25 per cent at the end of this year. Visitors ...

Cambodia planned to set up the first ever Civil Aviation Training Center with South Korean assistance in order to boost development of air transport industry and tourism, a spokesman said Saturday. “South Korea agreed to provide 10.1 million U.S. dollars in grant aid to Cambodia for ...

Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...

The government on Thursday slammed a report that described the Kingdom as highly corrupt. Government spokesperson Phay Siphan dismissed the latest Transparency International (TI) report as “just an advertisement of NGOs to promote their own interests”. Released on Thursday, the report puts Cambodia near the bottom ...

Prime Minister Hun Sen will be opening the 44th ASEAN Economic Ministers Meeting and related meetings will kick off August 27 in Siem Reap, the centre of Khmer culture and civilization in Cambodia, and will run to September 1, according to the Ministry of Commerce. The meeting ...

Opposition leader Sam Rainsy is scheduled to return to Phnom Penh tonight where he could face arrest and a two-year prison sentence over a defamation case dating back to 2008, his party said yesterday.Eng Chhay Eang, a spokesman of the opposition Cambodia National Rescue Party, ...

Many Cambodian women arrive in South Korea or China for marriage, only to find themselves being chosen as mistresses, say labour rights activists. While young Cambodian men, who travel to Thailand to work on fishing boats, often fall prey to drug abuse. Loss of land, debt, ...

The following is the full text of the joint press communique between China and Cambodia issued on Tuesday during the official visit by Prime Minister Samdech Akka Moha Sena Pedei Techo Hun Sen of the Kingdom of Cambodia to China: Joint Press Communique Between the People’s ...

Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...

The “11th ASEM Summit” held on 15-16 July 2016 in Ulaanbaatar, Mongolia, under the overall theme “2o years of ASEM: Partnership for the Future through Connectivity”, was concluded with the adaption of three important outcome documents: (1) Ulaanbaatar Declaration on ASEM into the Third Decade; ...

Although the Ministry of Heath estimates that 40 to 50 percent of Cambodians use traditional medicine, the Kingdoms Pharmaceutical industry is growing rapidly. In 2012, according to the latest forecast from Business Monitor International (BMI) people in Cambodia spent $263 million on pharmaceuticals, compared with $217 ...

Cambodia Angkor Air (CAA) intends to acquire seven more planes by 2015, more than doubling its existing fleet of five, as the airline plans new routes in the next few years to China, South Korea, Hong Kong and India. The plan was unveiled at an industry ...

nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...

Cambodia has welcomed 2.43 million international tourists in the first seven months of the year, up 19 percent compared with the 2.04 million tourists over the same period last year, the figures of the Ministry of Tourism said Thursday. During the January-July period this year, Vietnam ...

On 15 March 2021, the Korea International Cooperation Agency (KOICA) issued a press release providing $10M to increase Cambodia’s mine clearance and victim assistance efforts in 2021 and beyond, focusing on undertaking landmine and Explosive Remnants of War (ERW) clearance, increases victim assistance, mine risk ...

On 24 March 2021, the Korea International Cooperation Agency (KOICA) issued a press release on the provision of a $7 million grant which aims to promote Information and Communications Technology (ICT) capacity for regional teacher training centers and lower secondary education. The major thrust of ...

On 25 March 2021, the Korea International Cooperation Agency (KOICA) issued a press release on the provision of a $2-million grant to formulate a master plan of eastern Mekong Delta-IWRM (Integrated Water Resources Management) in Cambodia. This project aims at mitigating the damages caused by ...