News

PM urges Korean investment in processing, tech industries

Prime Minister Hun Sen on Saturday morning last week asked former Deputy Prime Minister Ou Myung and an industrial delegation of South Korea to urge investors to invest in processing and high-end technology industries in Cambodia, said a release. ...

Kang Sothear
https://www.khmertimeskh.com/501219858/pm-urges-korean-investment-in-processing-tech-industries/

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

Cambodia, South Korea trade up 14 percent

The bilateral trade between Cambodia and South Korea reached $818 million in the first nine months of this year, up 13.8 percent compared with the same period last year, according to a report of the Korea International Trade Association (KITA) issued this week. ...

Chea Vanyuth
http://khmertimeskh.com/501175675/cambodia-south-korea-trade-up-14-percent/

Cambodia seeks more Korean funds in textiles

As part of the process to strengthen and widen the base of the economy as the country has entered the fourth quarter of 2022, the Government of Cambodia is seeking to tick all the right boxes, and it includes tourism, textiles exports as well as ...

Khmer Times Staff
https://www.khmertimeskh.com/501171566/cambodia-seeks-more-korean-funds-in-textiles/

Cambodia exports to South Korea up 22% H1

Cambodia exported $111.35 million worth of merchandise to the Republic of Korea in the first half of this year, a 22 percent increase year-on-year, according to a report by the General Department of Customs and Excise. ...

Chea Vanyuth
https://www.khmertimeskh.com/501119197/cambodia-exports-to-south-korea-up-22-h1/

The Cambodia-South Korea Free Trade Agreement: Increasing potential for downstream sectors

The Cambodia-South Korea Free Trade Agreement can help boost Cambodian exports of garments, textiles, and footwear to South Korea. The agreement also presents opportunities for value-added investments in Cambodia’s downstream processing industries through a ‘plus one business model’, in which South Korean companies could expand ...

Khmer Times Staff
https://www.khmertimeskh.com/501090924/the-cambodia-south-korea-free-trade-agreement-increasing-potential-for-downstream-sectors/

Cambodia, Korea discuss trade potential

Cambodia and the Republic of Korea have discussed trade potential between both countries, mainly the import of Cambodian mangoes. ...

Khmer Times Staff
https://www.khmertimeskh.com/501069705/cambodia-korea-discuss-trade-potential/

More Korean volunteers dispatched to Cambodia

KOICA Cambodia Office late last week dispatched another 14 members of project volunteers to Cambodia for the “Capacity Building Project for Cambodia National and Public Youth Centers” discovered by the KOICA and carrying out by Soon Chun Hyang University. ...

Khmer Times Staff
https://www.khmertimeskh.com/501068978/more-korean-volunteers-dispatched-to-cambodia/

Cambodia-Korea bilateral trade jumps 22.8 percent in Q1

The bilateral free trade between Cambodia and South Korea surged 22.8 percent to $234.4 million in the first three months of this year.   ...

Chea Vanyuth
https://www.khmertimeskh.com/501060027/cambodia-korea-bilateral-trade-jumps-22-8-percent-in-q1/

Korea reaffirms continued support for Cambodia’s development

The Republic of Korea has reaffirmed its position to continue to support Cambodia’s development. The reaffirmation was made by visiting Koo Yun-cheol, Minister for Government Policy Coordination, Prime Minister’s Office of the Republic of Korea during a meeting with Chhieng Yanara, Minister Attached to the ...

Khmer Times Staff
https://www.khmertimeskh.com/501050818/korea-reaffirms-continued-support-for-cambodias-development/

Construction of Cambodia-South Korea Friendship Bridge to start next year

After a year of wait, the government has finally identified the location to build the Cambodia-South Korea Friendship Bridge crossing the Mekong River in Phnom Penh and construction work is set to commence next year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501036866/construction-of-cambodia-south-korea-friendship-bridge-to-start-next-year/

Cambodian PM to Co-host World Summit 2022 in S. Korea

Prime Minister Hun Sen will lead a high level delegation to pay a visit to the Republic of Korea from Feb. 10 to 13, according to a press release of the Ministry of Foreign Affairs and International Cooperation (MFAIC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501021639/cambodian-pm-to-co-host-world-summit-2022-in-s-korea/

Cambodia-Korea Free Trade Agreement Law promulgated

His Majesty King Norodom Sihamoni, King of the Kingdom of Cambodia, has signed into law the ratification of the Free Trade Agreement between Cambodia and South Korea on January 29, 2022, after it was cleared by the National Assembly and Senate. ...

Khmer Times Staff
https://www.khmertimeskh.com/501018386/cambodia-korea-free-trade-agreement-law-promulgated/

Hun Sen and Ban Ki-moon to co-chair World Summit 2022 in Seoul in February

The Universal Peace Federation and  Cambodia have announced the upcoming World Summit 2022 (Summit for Peace on the Korean Peninsula), which brings together Keynote Speakers and participants from 157 nations to explore the prospects for peaceful reconciliation of the Korean Peninsula. ...

Khmer Times Staff
https://www.khmertimeskh.com/501010873/hun-sen-and-ban-ki-moon-to-co-chair-world-summit-2022-in-seoul-in-february/

Diplomatic ties with South Korea ‘on right track,’ says Prime Minister

Prime Minister Hun Sen said yesterday that diplomatic relations between Cambodia and South Korea started late but are on the right track. He expressed his hope for ties to be further enhanced. ...

Sar Socheath
https://www.khmertimeskh.com/50999920/diplomatic-ties-with-south-korea-on-right-track-says-prime-minister/

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

Cambodia exported 1,204 tonnes of agricultural products to South Korea

A total 1,204 tonnes of agricultural products were exported to the Republic of Korea in the first nine months of this year, a 106 percent increase compared to a year before. ...

Khmer Times Staff
https://www.khmertimeskh.com/50959981/cambodia-exported-1204-tonnes-of-agricultural-products-to-south-korea/

Commerce Minister signs free trade deal with S. Korea

Cambodia and South Korea have signed a free trade agreement (FTA), cutting import tariffs by more than 90 percent. Commerce Minister Pan Sorasak inked the deal with South Korean Trade Minister Yeo Han-koo in a virtual ceremony yesterday. ...

Michael Firn
https://www.khmertimeskh.com/50959499/commerce-minister-signs-free-trade-deal-with-s-korea/

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