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Ken Frost in Finals of Accountancy Personality of The Year

Phoenix Commercial Ventures Ltd is proud to announce that Ken Frost MA FCA FIPFM, a director of Phoenix and member of the Institute of Chartered Accountants in England & Wales (ICAEW), has reached...

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Ken Frost Ranked In Financial Power List 2013: Big Hitters

FOR IMMEDIATE RELEASE: Ken Frost Ranked In Financial Power List 2013: Big Hitters Pyongyang/London, January 8th buy cialis online 2013 Phoenix Commercial Ventures Ltd is proud to announce that Ken...

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Happy Lunar New Year

The board of Phoenix Commercial Ventures Ltd would like to wish its partners, investors, staff, business associates and friends a Happy Lunar New Year. The Lunar New Year, beginning 10th February 2013,...

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Phoenix Commercial Ventures Ltd Reacquires Sinji Brand

Phoenix Commercial Ventures Ltd is pleased to announce that it has reacquired the Sinji brand, trademark and associated intellectual property rights. Sinji JVC was a 50/50 joint venture between Phoenix...

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Daedong Credit Bank Issues Anti Money Laundering Policy

Daedong Credit Bank is proud to be the first bank operating the Democratic People’s Republic of Korea (DPRK) to announce that they have a detailed set of written procedures against money laundering....

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Counterfeit Note Accusation Proven False

The Daedong Credit Bank (DCB) wishes to issue an urgent correction to the false stories that have recently been published by some sections of the media, concerning a deposit for cash made with its...

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Phoenix Commercial Ventures Attends 11th Pyongyang Spring International Trade...

The trade fair ran from 12th to 15th May and attracted businesses, their representatives, ambassadors and delegates from countries including the DPRK, China, Taiwan, Singapore, Australia, Indonesia,...

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Daedong Credit Bank Response To UST Advisory Note Dated 18 June 2009

The Daedong Credit Bank (DCB) notes the recent publication (18th June 2009) by the United States Treasury of an advisory note entitled: North Korea Government Agencies’ and Front Companies’ Involvement...

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The Restaurant At Hana

Hana Electronics Opens “The Restaurant at Hana” Pyongyang/London, July 8th 2011 Phoenix Commercial Ventures Ltd (www.pcvltd.com) is proud to announce that Hana Electronics JVC (a 50/50 joint venture...

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Ken Frost Appointed To The CanKor Brain Trust of North Korea Experts

Phoenix Commercial Ventures Ltd and Daedong Credit Bank are proud to announce that Ken Frost, board member of Phoenix Commercial Ventures and Daedong Credit Bank, has been appointed to the CanKor Brain...

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Foreign Shareholding in Daedong Credit Bank Sold

The Board of Daedong Credit Bank is pleased to announce that the foreign shareholding in Daedong Credit Bank has been sold to a Chinese based corporate entity, the “Nice Group”. The foreign-appointed...

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Ken Frost in Finals of Accountancy Personality of The Year

Phoenix Commercial Ventures Ltd is proud to announce that Ken Frost MA FCA FIPFM, a director of Phoenix and member of the Institute of Chartered Accountants in England & Wales (ICAEW), has reached...

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Ken Frost Ranked In Financial Power List 2013: Big Hitters

Ken Frost Ranked In Financial Power List 2013: Big Hitters Pyongyang/London, January 8th 2013 Phoenix Commercial Ventures Ltd is proud to announce that Ken Frost MA FCA FIPFM, a director of Phoenix and...

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Phoenix Commercial Ventures Reacquires Sinji Brand

Phoenix Commercial Ventures Ltd is pleased to announce that it has reacquired the Sinji brand, trademark and associated intellectual property rights. Sinji JVC was a 50/50 joint venture between Phoenix...

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Phoenix Commercial Ventures Terminates Its Association with Hana Electronics

As a result of irreconcilable differences between the board of Phoenix and the local management, Phoenix Commercial Ventures Ltd has terminated its association with Hana Electronics JVC with immediate...

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Phoenix Commercial Ventures Withdraws From The DPRK

The board of Phoenix Commercial Ventures Ltd has decided to withdraw from the DPRK with immediate effect. As a consequence Phoenix Commercial Ventures Ltd will be dissolved. A further announcement will...

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Phoenix Commercial Ventures Files for Dissolution

Further to our decision to withdraw from the DPRK, as per our statement dated 3rd June 2016, the members of the Board of Phoenix Commercial Ventures Ltd have signed and submitted the relevant...

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