Cambodia’s apparel exports to South Korea up 14% to $191 million in 2022
Cambodia’s trade balance with South Korea has improved in the first quarter of 2023, with decreased imports and higher apparel exports. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277051/cambodias-apparel-exports-to-south-korea-up-14-to-191-million-in-2022/
Cambodia’s export to South Korea swells under FTA
Cambodia’s export to South Korea has increased significantly thanks to the bilateral free trade agreement, which was put into force last December. ...
Chea Vanyuth
https://www.khmertimeskh.com/501245624/cambodias-export-to-south-korea-swells-under-fta/
Cambodia and ASEAN share grave concern on North Korea’s ballistic missile launch
The Foreign Ministers of ASEAN, including Cambodia today expressed their grave concern over the launch of the ballistic missile by the Democratic People’s Republic of Korea (DPRK) on July 12, 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501324149/cambodia-and-asean-share-grave-concern-on-north-koreas-ballistic-missile-launch/
NagaCorp Ltd unveils Naga 3
NAGACORP Ltd, which owns Phnom Penh’s only licensed casino NagaWorld, announced its $4 billion Naga 3 Project on the site of the former “White Building” in Tonle Bassac commune, a 29-page document filed with the Stock Exchange of Hong Kong Limited said. The company’s announcement ...
Sorn Sarath and Hin Pisei
https://www.phnompenhpost.com/business/nagacorp-ltd-unveils-naga-3
Gambling ban driving Chinese nationals away
Tens of thousands of Chinese nationals are reportedly leaving the Kingdom following a government ban on online gambling intended to reduce the number of crimes committed by foreigners. On August 18, Prime Minister Hun Sen issued a directive banning all online and arcade gambling in the ...
Ben Sokhean
https://www.khmertimeskh.com/50641757/gambling-ban-driving-chinese-nationals-away/
Big trouble in little China? Exploring Chinese investment in Sihanoukville
The coastal city of Sihanoukville is undergoing a massive transformation. Once perceived as a seedy haunt for lethargic backpackers and expats, a flood of Chinese tourists and investors has begun to alter the landscape by setting up everything from gaudy casinos to towering luxury resorts ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/post-depth-business/big-trouble-little-china-0
Gov’t renews 70 casino and game of chance firms
The General Secretariat of Commercial Gambling Management Commission of Cambodia (CGMC) of the Ministry of Economy and Finance (MEF) has renewed the validity of 70 licenses to casino and game of chance companies nationwide in the second quarter of this year, according to a release ...
Kang Sothear
https://www.khmertimeskh.com/501135965/govt-renews-70-casino-and-game-of-chance-firms/
Macau-Backed Casino Firm to Expand Operations in Cambodia
A Macau-backed firm plans to grow its involvement in Cambodia’s casino sector as it targets the local gambling market with gaming machines and two new casinos, the company said in a financial statement filed in the US. Entertainment gaming Asia Inc, which currently provides gaming machines ...
Gaming Company Announces Casino in Poipet
Entertainment Gaming Asia Inc. (EGA), announced Monday that it will break ground Thursday on a new $7.5 million Slot Hall casino in Poipet province along the Thai border, EGA said in a statement. The casino will open by the end of the year with 300 Gaming ...
North Korea cements ties with Siem Reap museum
After five years of building and delays, the $24 million Angkor Panorama Museum in Siem Reap was opened on Friday by Deputy Prime Minister Sok An, cementing growing ties between the Kingdom and North Korea, especially in Siem Reap. ...
Ek Madra
http://www.khmertimeskh.com/news/18406/north-korea-cements-ties-with-siem-reap-museum/
Preah Ang Duong hospital starts building $8 million ENT wing
Preah Ang Duong hospital in the capital on Saturday held a ground breaking ceremony for a new building costing $8million, funded by the Korea International Cooperation Agency, to provide specialised treatment for people with ear, nose and throat problems. ...
Sen David
https://www.khmertimeskh.com/50704588/preah-ang-duong-hospital-starts-building-8-million-ent-wing/
Cambodia, South Korea endorse FTA
The Cambodia-Korea Free Trade Agreement (CKFTA) was endorsed on October 26, to pave the way for the two countries to enhance bilateral trade and investment flows. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-south-korea-endorse-fta
King signs South Korea FTA ratification into law
The bill sailed through the National Assembly on December 29, the 9th Committee of the Senate on December 30, and the Senate on January 6. All votes were unanimous. The document was enacted into law by a Royal Code signed by the King on January ...
Hom Phanet
https://www.phnompenhpost.com/business/king-signs-south-korea-fta-ratification-law
South Korean agency pushes investment in auto-parts, tech
At a recent meeting in Seoul with a Cambodian delegation led by Minister of Commerce Pan Sorasak, Yu expressed his firm belief that the Cambodia-Korea Free Trade Agreement (CKFTA) will boost trade between the two countries. ...
Van Socheata
https://www.phnompenhpost.com/business/south-korean-agency-pushes-investment-auto-parts-tech
Yoon meets with leaders of Cambodia, Laos, Philippines, Singapore
South Korean President Yoon Suk Yeol held a series of bilateral meetings with the leaders of Cambodia, Laos, the Philippines and Singapore on Thursday as he sought to expand cooperation and win support for South Korea’s bid to host the 2030 World Expo in Busan. ...
Khmer Times Staff
https://www.khmertimeskh.com/501357124/yoon-meets-with-leaders-of-cambodia-laos-philippines-singapore/
Pailin casino Dreamworld opens May 9
Entertainment Gaming Asia, an American Stock Exchange-listed company with a regional presence in both Cambodia and the Philippines, will launch its Dreamworld Casino in Pailin province on Wednesday, according to a company statement. ...
NagaWorld posts $136M profit
On the back of a quest for high-rolling Chinese clients, NagaWorld’s gross gaming revenue soared 17 per cent in 2014, although profits were slightly down due to rising costs and lower profit margins from VIP customers. Gross gaming revenue clocked in at $381.4 million for 2014, ...
Charles Rollet
http://www.phnompenhpost.com/business/nagaworld-posts-136m-profit
Korea Friendship Bridge work to begin soon
The construction of the $245 million cable-stayed Cambodia-Korea Friendship Bridge, to be built in two sections across the Tonle Sap River and the Mekong River, will begin soon as the final evaluation of the project has just been completed. ...
Manoj Mathew
https://www.khmertimeskh.com/501359850/korea-friendship-bridge-work-to-begin-soon/
Koica, Childfund in rural education drive
ChildFund and Korea International Cooperation Agency (Koica) on Monday announced a new drive to improve primary education in rural Kratie province. “Koica has made $1.6 million in funding commitments over the next three years to expand the ‘Easy to Learn’ project in remote communities in ...
Ry Sochan
https://www.phnompenhpost.com/national/koica-childfund-rural-education-drive
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/