French behemoth TotalEnergies is seriously exploring investment opportunities in the Kingdom’s oil, gas and renewable energy sectors, a statement issued by the Ministry of Mines and Energy on Monday said. This was revealed as Keo Rottanak, Minister of Mines and Energy, received Mehmet Celepoglu, TotalEnergies Deputy Director for Oceania and Southeast Asia region, at the […]
The rise of electric vehicles (EVs) is transforming the global automotive industry, driving an unprecedented demand for high-performance semiconductors. As ASEAN positions itself as a regional hub for EV production and battery manufacturing, it faces a strategic opportunity: integrating its expanding semiconductor capacity with the EV value chain to establish the region as a cornerstone […]
Synopsis: According to official data, trade between Cambodia and Korea in first five months reached over $362 million, up 11% compared to the same period last year. Minister of Commerce Cham Nimul Friday encouraged Korean investors to invest and do more business, especially in potential sectors such as modern agriculture, food processing industry, automotive, electronics, […]
Synopsis: Mr Hun Manet hoped that investors will continue to invest in the Kingdom and that those who have just come to seek investment opportunities can choose to invest and connect production chains between Cambodia and other countries across the world. Prime Minister Hun Manet Friday urged Chinese, local, and international investors, particularly new foreign […]
The Central Bank of Cyprus (CBC) has welcomed with particular satisfaction the announcement by the Council of Europe’s Moneyval Committee regarding the Enhanced Follow-up Report and Technical Compliance Re-Rating. The CBC said in a press release that the progress and upgrades achieved demonstrate that Cyprus continues to actively strengthen its legal and regulatory framework for combating […]
Logicom Public Ltd on Friday announced the approval of a dividend payment of 10 cents per share, representing 29.4 per cent of the nominal share value, following decisions taken at its annual general meeting (AGM) held on June 19 in Nicosia. The proposed record date for determining shareholders entitled to receive the dividend is July 3, 2025, […]
In a significant step towards enhancing bilateral ties between Penang and Cambodia, Cambodia Airways is set to launch a new direct flight service connecting Phnom Penh with Penang. The inaugural flight is scheduled to take off on June 26, 2025, offering twice-weekly services every Thursday and Sunday. This new route is expected to be a […]
Mr Hun Manet, Prime Minister of the Kingdom of Cambodia, received Dato’ Sri Tiong King Sing, Minister of Tourism, Arts, and Culture of Malaysia, this afternoon at the Peace Palace in Phnom Penh. On the occasion, Dato’ Sri Tiong King Sing expressed his appreciation for the strong relationship and cooperation between Malaysia and Cambodia, particularly […]
As of 2024, investment in Cambodia’s automotive sector reached approximately $746 million, while exports exceeded $1.1 billion, the majority of which came from tyre manufacturing. Sun Chanthol, first vice-president of the Council for the Development of Cambodia (CDC), highlighted this remarkable progress during a June 17 meeting of the Executive Committee overseeing the implementation of […]
Synopsis: The forum in September will feature 50 booths showcasing digital products and services, e-commerce platforms, marketplaces, banks, and online businesses. The Ministry of Commerce (MoC) will organise the 2nd Cambodia Digital Trade Forum and Online Expo on September 12-13, at Koh Pich Convention and Exhibition Centre, aiming to promote and boost the export of […]
Synopsis: The Cambodian rice sector has recorded significant growth. With the solid backing from the Royal Government over the past decade, the Cambodia Rice Federation (CRF) registered a record growth of producing over 14 million tonnes of rice in 2024. Marking its 10th anniversary on Monday, the CRF summed up its achievements saying it has […]
Cambodia’s financial sector is undergoing a significant transformation, with a strong focus on sustainability, responsibility, and community empowerment. Financial institutions, including commercial banks and microfinance institutions (MFIs), are increasingly adopting ethical lending practices and environmental, social, and governance (ESG)-aligned financing to foster inclusive economic development. The movement gained traction in 2019 with the introduction of […]
The production of rice is considered a key strategic crop by the government for ensuring food and nutritional security. It is also a high-potential export commodity among the priority-listed agricultural products selected for annual promotion in international markets, according to Minister of Commerce Cham Nimul. Speaking at the 10th anniversary celebrations of the Cambodia Rice […]
Synopsis: 70,000 show up on TVET Day to find out how a technical and vocational education can give them an edge in job market. The 8th National Technical and Vocational Education and Training (TVET) Day event ended yesterday, having attracted more participants than last year. Sovann Vannaroth, Permanent Secretary of the Ministry of Labour and […]
Cambodia earned $6.14 billion from the export of garments, footwear, and travel products (GFT) during the first five months of 2025, marking a 23.5 percent increase compared to $4.97 billion in the same period last year, pointed out a report from the General Department of Customs and Excise (GDCE) under the Ministry of Commerce. The […]
Cambodia’s trade volume with its fellow ASEAN member states reached $7.2 billion in the first five months of 2025, a 5.5 per cent increase over the same period last year, according to a report released on Monday. The country exported products worth $2.7 billion to other ASEAN countries during the January-May period this year, a […]