Coca-Cola Cambodia Beverage Company shows a strong dedication to sourcing local raw material partners

Coca-Cola Cambodia Beverage Company shows a strong dedication to sourcing local raw material partners

Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), Sun Chanthol, welcomed a delegation from the Coca-Cola Cambodia Beverage Company, led by CEO Paulo Gaspar Rodrigues, to the CDC’s office yesterday for a courtesy call. This meeting was organised to discuss the latest developments in the company’s investment […]

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Vietnam invests in 215 projects in Cambodia, eyes expansion in key sectors

Vietnam invests in 215 projects in Cambodia, eyes expansion in key sectors

Vietnam currently holds 215 investment projects in Cambodia, focusing on agriculture, telecommunications, banking, financial services, food processing, mining, aviation, and tourism, according to Nguyen Minh Vu, Ambassador of the Socialist Republic of Vietnam to the Kingdom of Cambodia. Speaking to AKP on the occasion of the 58th anniversary of diplomatic relations between Vietnam and Cambodia, […]

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US artificial intelligence firm expands to Cyprus

US artificial intelligence firm expands to Cyprus

Bcentriqe.ai, headquartered in Santa Clara (Silicon Valley), California, United States, has announced its strategic expansion into Cyprus. According to an announcement by Invest Cyprus, the move “aims to empower youth and entrepreneurs with pioneering artificial intelligence solutions”. The agency also said that Bcentriqe.ai’s decision “underscores its commitment to educate and recruit young people and entrepreneurs in Cyprus around […]

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Alpha Bank acquires AstroBank to become Cyprus’ third largest lender

Alpha Bank acquires AstroBank to become Cyprus’ third largest lender

AstroBank on Tuesday announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank. According to the announcement, the agreement involves the full transfer of its banking assets and obligations, including its personnel, to Alpha Bank Cyprus. The bank said that the “integration […]

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CDC, IFC collaborate to boost green investment in SEZs

CDC, IFC collaborate to boost green investment in SEZs

Synopsis: Enhanced cooperation among public and private stakeholders would help SEZs evolve into key engines of sustainable and inclusive growth. The Council for the Development of Cambodia (CDC) and the International Finance Corporation (IFC) co-hosted a workshop to advance green investment initiatives in Special Economic Zones (SEZs), aiming to align industrial development with sustainable and […]

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TotalEnergies exploring investment opportunities in Cambodia’s oil, gas and renewable energy sectors

TotalEnergies exploring investment opportunities in Cambodia’s oil, gas and renewable energy sectors

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 […]

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Driving the Future: ASEAN’s EV Ambitions Powered by Semiconductor Integration

Driving the Future: ASEAN’s EV Ambitions Powered by Semiconductor Integration

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 […]

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CBC satisfied with Moneyval assessment of Cyprus’ progress on recommendations

CBC satisfied with Moneyval assessment of Cyprus’ progress on recommendations

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 […]

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