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Business Korea

Korea Energy Agency Promoting Solar Bikes in Cambodia

The Korea Energy Agency announced on April 22 that it will invest 10 billion won this year in a project aimed at supplying electric bikes and building solar charging stations in Cambodia.

KB Kookmin Bank Wraps Up Acquisition of Prasac in Cambodia

KB Kookmin Bank has completed the acquisition of Prasac Microfinance, Cambodia's No. 1 microfinance deposit-taking institution (MDI).

Shinhan Bank Enters Cambodia’s Simple Payment Market

Shinhan Bank is entering the Cambodian simple payment market. The bank announced on Dec. 4 that it will launch e-wallet service jointly with Cambodia's mobility company MVL.