Two-way trade between Cambodia and the Republic of Korea (roK) is expected to surge sharply this year as turnover reached 27.7 million USD in January, a year-on-year rise of 77 percent.
Viettel Cambodia, a subsidiary of Vietnam's military-run telecom service provider, now owns 42 per cent of the base transceiver stations (BTS) and 88 percent the optic-fibre cable in Cambodia.
The VTC Online Cambodia, a joint venture between Vietnam Multimedia Corporation (VTC) and a Cambodian partner, on Feb. 21 launched its first services and products in the Kingdom.
At least 106 garment and shoe factories were closed last year, mostly because of a slump in Cambodia’s key export industry, forcing more than 45,000 workers out of employment, Ministry of Labour figures showed late Monday.
The country's fledgling insurance industry saw revenues pick up at the end of the year to record an annualised 2.86 percent drop in premiums, officials said.
Vietnamese companies Viet Loa, Dong Phu Snoul and Rubber Kontum are set to receive 21,000 hectares of economic land concessions for rubber plantations, it was announced at an annual industry meeting.
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The VTC Online Cambodia, a joint venture between Vietnam Multimedia Corporation (VTC) and a Cambodian partner, on Feb. 21 launched its first services and products in the Kingdom.
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