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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Vehicle industry exports exceed $1 billion, growth driven by tyre manufacturing

Vehicle industry exports exceed $1 billion, growth driven by tyre manufacturing

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 […]

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MoC prepares for 2nd Cambodia Digital Trade Forum

MoC prepares for 2nd Cambodia Digital Trade Forum

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 […]

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Cambodia’s financial institutions lead the way in responsible and inclusive finance

Cambodia’s financial institutions lead the way in responsible and inclusive finance

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 […]

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Commerce minister lauds role of rice in Cambodia’s export economy

Commerce minister lauds role of rice in Cambodia’s export economy

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 […]

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