Home Authors Posts by Korea Herald

Korea Herald


Cambodian worker found dead on subzero day, probe underway

A migrant farm worker from Cambodia was found dead on a subzero day earlier this week inside a vinyl greenhouse she had been living, leading the police to open an investigation and shedding light on appalling living conditions faced by farm workers here.

JB’s Cambodian subsidiary launches e-loan repayment services

Phnom Penh Commercial Bank -- the Cambodian subsidiary of JB Financial Group’s flagship lender -- signed a deal with a Thailand-based financial technology firm to provide electronic loan repayment services to customers, the South Korean banking group said Wednesday.

S. Korea, Cambodia to hold 3rd round of FTA talks

South Korea said Monday it plans to start its third round of free trade talks with Cambodia this week to outline details, in line with Seoul's efforts to diversify its export portfolio in Southeast Asia.

Booyoung supplies housing in Cambodia

Booyoung Group said Thursday that it was entering the housing market in Cambodia for the first time and developing Borey Booyoung Sensok in Phnom Penh, the nation’s capital.

S. Korea, Cambodia to launch free trade talks in July

South Korea is seeking to launch negotiations for a bilateral free trade agreement with Cambodia next month, hoping to increase its economic influence in Southeast Asia, according to top officials Monday.

KT&G Welfare sends 60 college volunteers to Cambodia, Myanmar

KT&G Welfare Foundation has sent a total of 60 college student volunteers to Cambodia and Myanmar to improve the educational environment in the countries, the tobacco company said Monday.

North Korea museum in Cambodia closes as workers repatriated

Cambodia has confirmed the shutdown of seven North Korean businesses in the country, including a museum near the Angkor Wat temple in Siem Reap, to comply with UN-led sanctions.

KB Kookmin Bank to acquire Cambodian lender for $603.4m

South Korea’s commercial lender KB Kookmin Bank said Thursday its board has agreed to acquire a 70 percent stake in Cambodia’s lender Prasac Microfinance Institution for $603.4 million from Sri Lanka-based nonbanking lender LOLC Holdings.

Busan summit between President Moon, Cambodian PM Hun Sen canceled

South Korean President Moon Jae-in's summit with Cambodian Prime Minister Hun Sen has been canceled as the latter decided to skip a regional meeting scheduled for this week in the southern South Korean city of Busan, the presidential office said Sunday.

Woori partners with Grab Cambodia for low-interest loans to drivers

South Korea’s Woori Bank has partnered with Southeast Asian ride-hailing giant Grab’s Cambodia office to offer low-interest loans and other specialized financial products to Grab drivers in the country, the bank said Thursday.