Asian Development Bank pledges support for Cambodia’s finance sector

PHNOM PENH (Phnom Penh Post/ANN): Cambodian Minister of Economy and Finance Aun Pornmoniroth has announced that the Asian Development Bank (ADB) has committed to investing in projects related to climate change and private sector development. Those projects will focus on strengthening the financial sector over the next five years, in order to support small and […]

Vietnam’s VinFast electric taxis to hit Cambodia roads

VinFast, an electric vehicle (EV) and taxi company launched by Vietnam’s richest man earlier this year, is set to hit Cambodian roads. According to various reports, the company has chosen Cambodia and Laos to be the first overseas markets as part of its grand Southeast Asia expansion plans.

Kingdom’s National Solar Park most cost-efficient in ASEAN

Cambodia’s National Solar Park supported by the Asian Development Bank (ADB) will enable the country’s state-run national power utility Electricite du Cambodge (EDC) to charge local power consumers with the lowest tariff in the Association of Southeast Asian Nations (ASEAN) region, said a release by the Ministry of Mines and Energy (MME).