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Cambodia, South Korea ink five agreements, discuss migrants

Cambodia and South Korea yesterday signed five agreements, including the launch of a joint study on the possibility of a free trade agreement.​​ The agreements were signed by Foreign Affairs Minister Prak Sokhonn and his Korean counterpart Kang Kyung-wha on the sidelines of the Asean-Republic ...

Ben Sokhean
https://www.khmertimeskh.com/50664054/cambodia-south-korea-ink-five-agreements-discuss-migrants/

Foreign ministry calls on S Korea to take on more Cambodian migrant workers

Minister of Foreign Affairs and International Cooperation Prak Sokhonn on Monday requested the government of the Republic of Korea to receive more Cambodian migrant workers. The request was made at a bilateral meeting with South Korean Minister of Foreign Affairs Kang Kyung-wha during the Asean-Republic of ...

Long Kimmarita
https://www.phnompenhpost.com/national/foreign-ministry-calls-s-korea-take-more-cambodian-migrant-workers

South Korea pledges to support Kingdom’s ongoing development

The government yesterday highlighted the success of regional summits in South Korea, noting its government pledged to support the Kingdom’s socio-economic development. ...

Ben Sokhean
https://www.khmertimeskh.com/50665349/south-korea-pledges-to-support-kingdoms-ongoing-development/

S Korea asked to better conditions for workers

Cambodia made a rare show of defending its migrant workforce in South Korea on Friday, calling attention to a labour scheme that has come under fire for perpetuating exploitation and abuse. During meetings with the outgoing South Korean ambassador, president of the National Assembly Heng Samrin ...

Laignee Barron
http://phnompenhpost.com/national/s-korea-asked-better-conditions-workers

Warning issued on possible effects of ’17th Typhoon’ on Cambodia

The Ministry of Water Resources has issued a notification stating that:On October 8, active low pressure occurred in the Philippines. This active low pressure will gradually increase its impact into the South China Sea, possibly increasing its impact to the 17th typhoon (not yet officially ...

Khmer Times Staff
https://www.khmertimeskh.com/50947163/warning-issued-on-possible-effects-of-17th-typhoon-on-cambodia/

South Korea to give $3M for Mondulkiri crop project

The South Korean government has vowed to provide a $3.3 million grant to the Ministry of Agriculture, Forestry and Fisheries to implement a project to boost production of high-value vegetable crops and improve farmers’ livelihoods in the northeastern province of Mondulkiri, according to a senior ...

Thou Vireak
https://www.phnompenhpost.com/business/south-korea-give-3m-mondulkiri-crop-project

South Korea to approve $1.5b loan to develop Cambodia’s economy

Cambodia is preparing to ink a deal that will see South Korea offer $1.5 billion in loans to further develop the kingdom’s energy sector and infrastructure. ...

Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy

SCB focus on Myanmar, Laos, Cambodia

Siam Commercial Bank will begin expanding its footprint across the region in anticipation of greater business opportunities and competitive pressures with the launch of the Asean Economic Community in 2016. SCB, Thailand’s third-largest Bank in terms of assets, operates branches in Laos, Singapore and Hong ...

http://www.bangkokpost.com/business/economics/322667/scb-focus-on-myanmar-laos-cambodia

ACLEDA reports 20% less net profit in Q1

Mainboard-listed commercial bank ACLEDA bank Plc’s net profit for the first quarter ended March 31 fell 20 per cent to $35.36 million from $44.10 million last year as a result of widening net impairment loss, interest expense, and general and administrative expenses. ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-reports-20-less-net-profit-q1

NBC: Loans, deposits see double-digit 2022 growth

The Kingdom’s banking and financial institutions posted very solid business performance overall last year despite regional and global uncertainty and inflationary pressures tied to Covid-19 and the Ukraine crisis. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-loans-deposits-see-double-digit-2022-growth

MoU to improve tech skills

A Thailand-based technical university yesterday signed two memorandums of understanding (MoUs) with technical training institutes in Cambodia to improve human resources in the technical sector. The MoUs were signed between the Thai Rajamangala university of Technology and the National Polytechnic Institute of Cambodia and the National ...

http://www.phnompenhpost.com/2013012961037/Business/thailand-cambodia-sign-agreement-to-improve-tech-skills.html

Korea University Anam Hospital wins KOICA bid to upgrade the National Pediatric Hospital Cambodia

Korea University Medical Center (KUMC) said that Korea University Anam Hospital (KUAH) has successfully secured the project for enhancing the internal medicine department at the National Pediatric Hospital Cambodia project, sponsored by the Korea International Cooperation Agency (KOICA). ...

Khmer Times Staff
https://www.khmertimeskh.com/501390495/korea-university-anam-hospital-wins-koica-bid-to-upgrade-the-national-pediatric-hospital-cambodia/

Thai princess to visit kingdom

Thailand’s Princess Maha Chakri Sirindhorn will visit Cambodia next month to boost bilateral education ties between the kingdoms, a topic she has worked on since her first visit in 1992. ...

Vong Sokheng
http://www.phnompenhpost.com/national/thai-princess-visit-kingdom

Fine arts university to relocate

The government will spend at least $12 million to relocate the Royal University of Fine Arts (RUFA) and build a cultural center on four hectares of land in Chroy Changvar district, while the old University buildings will be used to expand the National Museum. ...

Pech Sotheary
http://www.khmertimeskh.com/news/36128/fine-arts-university-to-relocate/

Kratie University construction complete

The recently constructed Kratie University, which was mostly funded by the Chinese government, was handed over to the Education Ministry yesterday. ...

Ven Rathavong
http://www.khmertimeskh.com/news/37563/kratie-university-construction-complete/

Thai uni offers scholarships to 40 Cambodian students: PM

Prime Minister Hun Sen requested that Thailand’s Krirk University meet with the Ministry of Education, Youth and Sport to discuss recruitment after the school announced scholarships for 40 Cambodians. ...

Ry Sochan
https://www.phnompenhpost.com/national/thai-uni-offers-scholarships-40-cambodian-students-pm

Sumimoto Mitsui sins agreement with Acleda

One of Japan’s biggest banks, Sumimoto Mitsui banking Corporation (SMBC) signed agreement with Acleda bank to share market data and banking services. The deal will give Japanese investors information on the economy and offer other banking services and is aimed at improving bilateral trade and investment. The deal would ...

Former Manager Admits Stealing $2.3M From Canadia Bank

The former manager of Canadia Bank’s credit section has admitted to stealing $2.3 million from the Bank’s accounts, the suspect’s lawyer said Tuesday, in what is one of the largest embezzlement schemes ever undertaken in Cambodia’s nascent Banking industry. The testimony from Yeth So­pheaktra, 30, to ...

Eang Mengleng and Colin Meyn
http://www.cambodiadaily.com/news/former-manager-admits-stealing-2-3m-from-canadia-bank-44689/

Government establishes sub-committee on universal health coverage

The government is establishing a Sub-committee on Univeral Health Coverage in Cambodia to direct, coordinate, monitor and review all policies, strategies and action plans set out in the “Roadmap for Univeral Health Coverage in Cambodia 2024-2035” policy planning document. ...

Torn Vibol
https://www.khmertimeskh.com/501529683/government-establishes-sub-committee-on-universal-health-coverage/

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