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Tag: Cambodia

Posted on May 20, 2024

Hong Lai Huat receives shareholder approval to dispose of HLHI and HLH Cambodia assets

Hong Lai Huat Group has received 99.99% shareholder approval to sell its HLHI (Cambodia) and HLH Agriculture (Cambodia) assets for a price of US$1.5 million ($2.02 million) and US$36 million ($48.4 …

( read original story …)



Posted on May 19, 2024

Jeonbuk Bank to develop cross-border credit rating system with Cambodia

This will make financial activities more convenient for Cambodians living … acquiring Phnom Penh Commercial Bank in Cambodia. The bank aims to gradually expand such cross-border initiatives to …
Posted on May 19, 2024

Jeonbuk Bank forms partnership with Credit Bureau Cambodia, Korea Credit Bureau

Jeonbuk Bank has formed a partnership with Credit Bureau Cambodia (CBC) and Korea Credit Bureau (KCB) to establish cross-border credit reporting between Cambodia and Korea, the regional bank announced …
Posted on May 18, 2024

Cambodia’s US$1.7 billion China-backed canal sparked unease. Here’s how it can soothe concerns

The 180km Funan Techo Canal project has the potential to supercharge Cambodia’s economy by providing the country’s first-ever inland-sea link But Vietnam, and its other Mekong neighbours, need …

( read original story …)



Posted on May 17, 2024

Cross-border credit reports to become available between Cambodia and Korea

With the system in place, Korean nationals living in Cambodia and Cambodians living in Korea will both be able to retrieve up-to-date and legitimate credit reports directly from the credit bureaus of …
Posted on May 17, 2024

Moody’s upgrades Cambodia outlook to stable

Moody’s Ratings has upgraded its outlook for the Government of Cambodia from negative to stable and affirmed its B2 long-term issuer rating. In a statement released in Singapore on May 16, Moody’s …

( read original story …)



Posted on May 17, 2024

Indians pulled into Cambodia cryptocurrency scam demand more local jobs as ‘quick money dream’ sours

India recently rescued dozens of its citizens who were forced to run online scams in the Southeast Asian nation.
Posted on May 17, 2024

Indians pulled into Cambodia cryptocurrency scam demand more local jobs as ‘quick money dream’ sours

India recently rescued dozens of its citizens who were forced to run online scams in the Southeast Asian nation.
Posted on May 17, 2024

S. Korea signs framework agreement with Cambodia for economic cooperation funds

South Korea signed a framework agreement with Cambodia on Thursday to double its economic cooperation funds for the Southeast Asian country, the finance ministry said. Finance Minister Choi Sang-mok …
Posted on May 17, 2024

S. Korea signs framework agreement with Cambodia for economic cooperation funds

South Korea signed a framework agreement with Cambodia on Thursday to double its economic cooperation funds for the Southeast Asian country, the finance ministry said. Finance Minister Choi Sang-mok …

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