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FSC imposes fines on foreign financial firms for illegal short selling

July 14, 2023

South Korea’s financial regulator has imposed fines on foreign financial companies, including Mizuho Securities Asia Ltd. and J.P. Morgan Securities plc, for illegal short selling, sources said Friday.According to the sources, the Securities and Future…

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S. Korea, Poland sign 33 MOUs on nuclear power, advanced industries

July 14, 2023

South Korean and Polish companies signed a total of 33 memorandums of understanding (MOUs) on Friday aimed at enhancing cooperation on nuclear power generation, construction, batteries and other advanced industry sectors, Seoul’s industry ministry said…

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Cambodia Earns US$2.4 Billion from Agricultural Exports in H1

July 13, 2023

Cambodia has exported 3.9 million tonnes of agricultural products in the first six months of 2023, earning some US$2.4 billion in revenue, according to a report of the Ministry of Agriculture, Forestry and Fisheries (MAFF).The export value of agricult…

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NBC, UnionPay Enter Cross-Border QR Code Payment Cooperation

July 11, 2023

The National Bank of Cambodia (NBC) and UnionPay International Co., Ltd. have entered into a partnership on “Cross-Border QR Code Payment Cooperation” to promote innovation and financial technology on the use of banking and financial services.The Memo…

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CDC Approves US$1.1 Billion Worth Investment Projects in First Half 2023

July 11, 2023

The Council for the Development of Cambodia (CDC) has approved 113 investment projects and investment expansion projects in the first half of 2023, with a total investment capital of US$1,105 million.A CDC’s report stated that the number of investment…

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