KOCHAM Strengthens Business Partnerships, Welcomes First Securities Firm as Member

Monthly MOU signings expand business cooperation as Cambodia Securities joins KOCHAM
New Media Response Committee outlines plans to promote accurate reporting and improve Cambodia’s image

The Korean Chamber of Commerce and Industry in Cambodia (KOCHAM), led by Chairman Kim Sung Soo, continues to strengthen its business network through regular monthly meetings, strategic partnerships and memorandums of understanding (MOUs) aimed at creating new opportunities for its members.

KOCHAM held its final monthly meeting of 2026 on November 5 at Chery Cambodia’s headquarters in Sen Sok, Phnom Penh, also home to Hyundai Motors and Autopia 24. The meeting featured an MOU signing, the introduction of new members, an update from the newly established Media Response Committee, an overview of the HRCC Expo and discussions on key organizational matters.

Beyond networking, KOCHAM has increasingly used its monthly meetings as a platform for businesses to introduce their operations, explore partnerships and develop new opportunities. Regular MOU signings have become an important part of this approach, helping translate business connections into practical cooperation.

At the November meeting, KOCHAM signed an MOU with Cambodia Securities Plc., which became the chamber’s first member from the securities industry.

Cambodia Securities is a fully licensed securities firm specializing in investment banking services, including initial public offerings (IPOs), mergers and acquisitions (M&A), corporate financing and financial advisory services.

Licensed by the Securities and Exchange Regulator of Cambodia (SERC), the company provides securities underwriting, dealing, brokerage and investment advisory services, connecting domestic and international investors with businesses seeking capital and investment opportunities.

Chairman Kim welcomed the new member and highlighted KOCHAM’s growing role in facilitating cooperation between Korean and Taiwanese businesses. He also noted that the addition of companies from the securities and trust sectors reflects the increasing diversity of KOCHAM’s membership.

Media Response Committee to Promote Accurate Reporting

The meeting also introduced the activities and future plans of KOCHAM’s newly established Media Response Committee.

Committee Chairman Oh Byung Hee emphasized the need for a coordinated private-sector response to misleading or unfavorable media coverage that affects Cambodia’s image and the local Korean business community.

Committee Secretary Choi Joo Hee outlined a five-part strategy focused on responding to inaccurate reporting, strengthening connections with South Korean media, promoting positive stories about Cambodia and expanding cooperation with media organizations.

The committee plans to establish a network of local correspondents and Korean media contacts by the end of November, followed by the launch of a short-form video campaign under the hashtag #RealCambodia in December.

The initiative will also highlight the contributions of Korean businesses to Cambodia’s economy and communities, with further activities planned for 2027 to coincide with the 30th anniversary of the re-establishment of diplomatic relations between Korea and Cambodia.

Chery Cambodia Highlights New Electric SUV and After-Sales Services

Chery Cambodia, the host of the November meeting, introduced its expanding operations and the new Chery Q electric SUV under the leadership of CEO Ko Seok Kyu.

Since entering the Cambodian market in 2025, Chery Cambodia has established its headquarters in Sen Sok, an additional showroom at OCIC and an authorized service center. The company provides integrated services covering vehicle sales, maintenance and genuine parts supply.

A key focus of the presentation was its after-sales service capabilities. Chery Cambodia emphasized that its technicians have undergone specialized training in China, allowing customers to receive professional maintenance and technical support locally.

Alongside new vehicle launches, the company continues to organize customer events and lifestyle activities to strengthen customer relationships and expand its presence in the Cambodian automotive market.

The November gathering marked KOCHAM’s final regular monthly meeting of 2026, providing an opportunity to reflect on a year of membership growth, new partnerships and expanded committee activities.

Having strengthened its business network through new member recruitment, MOU signings and industry-focused initiatives, KOCHAM will conclude the year with its general assembly in December. The chamber enters 2027 with a broader network and a stronger foundation for creating practical business opportunities and delivering greater value to its members.