Category: Economy

South Korean stocks ended lower Wednesday as investors attempted to cash in recent gains while weighing the odds of a debt ceiling deal passing U.S. Congress. The local currency rose against the U.S. dollar.The benchmark Korea Composite Stock Price In…

The Menu Rahmah initiative has successfully contributed to the reduction of the inflation rate of the food-outside-the-home prices for the first time since August 2021, said Domestic Trade and Cost of Living Minister Datuk Seri Salahuddin Ayub.He said…

Asiana Airlines Inc., South Korea’s second-biggest carrier, said Sunday it has stopped selling certain emergency seats of A321-200 passenger jets following a recent incident in which a passenger opened a door of the same aircraft model just before lan…

Cambodia and the United Kingdom have launched the inaugural Joint Trade and Investment Forum (JTIF) to boost their trade relations.The launching ceremony took place here at the Cambodian Ministry of Commerce on May 26 under the presidency of H.E. Pan …

South Korea’s top trade official has discussed a variety of issues, including the Inflation Reduction Act (IRA), with the United States Trade Representative Katherine Tai, his ministry said Saturday.On the sidelines of a meeting of Asia Pacific Econom…

South Korean stocks traded higher late Friday morning as top-cap chip shares rose sharply on hopes for a market turnaround.The benchmark Korea Composite Stock Price Index had added 8.9 points, or 0.35 percent, to 2,563.59 as of 11:20 a.m.The index ope…

A Cambodia-Japan Digitalised Manufacturing Centre (CJDM) at the Royal University of Phnom Penh (RUPP) complex has been put for official use to support Cambodia’s human resource development, especially under the Fourth Industrial Revolution.The inaugur…

The Federal Agricultural Marketing Authority (FAMA) aims to open 14 new farmers’ markets across the country this year.FAMA acting director-general Abdul Rashid Bahri said so far, five new farmer’s markets have been opened to the public after studies f…

President Yoon Suk Yeol has accepted the state-run utility Korea Electric Power Corp. (KEPCO) chief’s resignation to have him take responsibility for the firm’s snowballing losses and financial woes, officials said Friday.Last week, KEPCO President an…

The Council for the Development of Cambodia (CDC) has approved two new investment projects with a total capital of US$11.4 million.The new projects belong to Genmei Industrial (Cambodia) Co., Ltd. and Tai Fong Shoes (Cambodia) Manufacturing Co., Ltd.,…