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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

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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

Agreement signed for national road repairs

The Ministry of Public Works and Transport yesterday signed an agreement with Korean company Hanshin Engineering and Construction for the long-awaited reconstruction of National Road 2 and National Road 22. According to a press release from the ministry, the reconstruction of National Road 2 and ...

Sen David
https://www.khmertimeskh.com/50617730/agreement-signed-for-national-road-repairs/

Thousands of Cambodians going to work abroad every month

Up to 10,000 Cambodians seek legal employment abroad every month, according to a Labor Ministry official, and some civil society groups are not pleased with the large exodus of workers from the country. Labor Minister Ith Samheng told reporters on Wednesday that the government sends thousands ...

Mom Kunthear
http://www.khmertimeskh.com/news/31111/thousands-of-cambodians-going-to-work-abroad-every-month/

Cambodia's Angkor Wat Temple attracts 1.36 mln foreign visitors in 8 months, up 31%

About 1.36 million international tourists visited Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, in the first eight months of this year, a 31 percent rise compared with 1.04 million during the same period last year, a report of Siem Reap provincial tourism ...

http://news.xinhuanet.com/english/culture/2012-09/26/c_131874967.htm

Visitors to Cambodia Increase by 27 Percent

The number of visitors to Cambodia increased 27 percent to 1.27 million people in the first four months of the year compared to the same period last year, according to figures released yesterday by the Ministry of Tourism. Kong Sopheareak, director of the tourism statistics department, ...

KOICA plan projects to 2024

Korea International Cooperation Agency (KOICA) has introduced a number of new plans and projects to support Cambodia’s development goals from 2022 to 2024. ...

Nov Sivutha
https://www.phnompenhpost.com/national/koica-plan-projects-2024

ASEAN Plus Three countries boost trade, investment ties

Ten member states of Southeast Asian Nations (ASEAN), Japan, China, and Korea have boosted cooperation in trade and investment by taking advantage of the existing free trade agreements. ...

Chea Vanyuth
https://www.khmertimeskh.com/501184060/asean-plus-three-countries-boost-trade-investment-ties/

Garment industry stokes Cambodia’s political growth

Under dazzling white strip-lights, a production line of young Cambodians stitch, iron and fold their way to the day’s target of 820 two-piece children’s pajamas. These garments are destined for the shelves of Los Angeles, shop price $9.97. The workers, mostly women, start at 7:30 ...

http://www.winnipegfreepress.com/opinion/westview/Garment-industry-stokes-Cambodias-political-growth-171990021.html

Trade logistics centre west of Phnom Penh is in planning

An assessement of plans to build a groundbreaking trade logistics centre west of Phnom Penh will begin soon, the Ministry of Public Works and Transportation said. An early stage feasibility analysis of the Phnom Penh Logistics Complex is set to begin early next year, supported ...

Hor Kimsay
https://www.phnompenhpost.com/business/trade-logistics-centre-west-phnom-penh-planning

$110 million contributed toward demining

The government has contributed more than $110 million toward mine clearance operations, management of mine action institutions and through tax exemptions on demining equipment over the last 10 years. Ly Thuch, first vice president of Cambodian Mine Action and Victim Assistance Authority, yesterday disclosed this ...

Khy Sovuthy
https://www.khmertimeskh.com/50593878/110-million-contributed-toward-demining/

Ministry pushing mango exports

The Ministry of Agriculture, Forestry and Fisheries is pushing mango farmers to increase their knowledge of growing the fruit before exporting to South Korea in an effort to boost production.Hean Vanhorn, deputy director general at the ministry, said at a workshop in Kampong Speu province ...

Sum Manet
http://www.khmertimeskh.com/news/35409/ministry-pushing-mango-exports/

Cambodia greets 2.86 mln foreign visitors in 10 months

Cambodia attracted approximately 2.86 million international tourists in the first ten months of this year, up 24 percent over the same period last year, a report of the tourism ministry showed Wednesday. The report said Vietnam remains the largest source of foreign visitors to Cambodia ...

http://news.xinhuanet.com/english/travel/2012-11/28/c_132004445.htm

Worker applications eased

Candidates for a government program that sends Cambodians to work in South Korea can file paperwork closer to home this year, as applications will now be distributed in 13 provinces. Applications will be available until Friday in provincial labour offices in Battambang, Kampong Cham, Kampong ...

http://www.phnompenhpost.com/national/worker-applications-eased

City Hall orders 40 more buses

Phnom Penh City Hall has purchased 40 secondhand buses from South Korea for an expansion of the city’s fledgling public bus service, said a municipal official who declined to reveal the details of the order. City Hall spokesman Long Dimanche said the buses are slotted to ...

Hul Reaksmey
http://www.cambodiadaily.com/news/city-hall-orders-40-more-buses-62352/

Direct flights start from Seoul to Sihanoukville

Skywings Asia Airlines completed its maiden voyage from Seoul to Sihanouk International Airport on Tuesday, marking the launch of seasonal direct charter flights between Sihanoukville and South Korea. The new service, which will run from July through August, will connect the beach resort to the large ...

George Styllis
http://www.cambodiadaily.com/business/direct-flights-start-from-seoul-to-sihanoukville-65284/

Economic growth could slow as workers migrate

Cambodia’s growth largely depends on a labor-intensive economy in agriculture, garment factories, and goods and services. Due to lower wages and poor incentives, there is a large outflow of Cambodian workers to Thailand, Malaysia, South Korea and China, and that, in the long run, could cause ...

Ten Soksreinith
http://www.voacambodia.com/content/economic-growth-could-slow-as-workers-migrate/2694075.html

Upgrading Cambodia’s quality infrastructure

The United Nations Industrial Development Organization (UNIDO) and the Ministry of Industry and Handicraft (MIH), in partnership with the Republic of Korea, have conducted a training programme to sensitize policymakers to the requirements for upgrading the country’s quality infrastructure (QI). ...

Newsroom
https://moderndiplomacy.eu/2020/03/12/upgrading-cambodias-quality-infrastructure/

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