German market boosts Paphos tourist season
A crucial element that instils greater optimism in Paphos for this year’s tourist season is the significant increase in traffic anticipated from Germany to the province this summer. Data until mid-April from German travel agencies indicate that the estimates and data analyzed for Paphos during the recent international tourism exhibition ITB Berlin are now fully […]
Major developments underway in Cyprus
Cyprus is in the midst of a major development boom, with billions of euros being poured into a wide range of projects. This includes improvements to the country’s infrastructure, such as roads and ports, as well as the construction of new marinas, hotels, medical and diagnostic centres, university buildings, student dorms, golf courses, schools, and […]
Govt calls for more Japanese investment in Kingdom
After several large companies expanded their business operation including the Toyota Tsusho Manufacturing Corporation (Cambodia) Co Ltd, the Ministry of Commerce (MoC) urged Japanese investors to explore more investment opportunities in the Kingdom. Lork Piseth, Secretary of State of MoC led the delegation to attend the opening ceremony of the ‘8th Cambodia Festival 2024’ from […]
Top 10 Business Chambers in Cambodia: Driving Business Connections
B2B Cambodia’s editorial team has combed through on-site comments to compile a list of the most recommended businesses according to you. To be listed in our Top Businesses in Cambodia series, each business needs to have consistently received positive feedback and maintain a minimum average of 4/5 stars on both Google and Facebook reviews. Cambodia’s growing economy […]
FTC to drive activities at PAS to 90%
The soon-to-be-built Funan Techo Canal (FTC), a public-private partnership project, will push shipment activities of the state-owned Sihanoukville Autonomous Port (PAS) up to 90 percent, a report by the Council for Development of Cambodia (CDC) showed. Currently, 67 percent of the country’s exported goods go via PAS and 33 percent via the Phnom Penh Autonomous […]
Retail sector sees 5.5% surge in March
The Retail Trade Turnover Value Index increased by 5.5% in March 2024 compared to the same month of the previous year, while during the same month, the Retail Trade Turnover Volume Index increased by 5.2% compared to the corresponding month of the previous year, the Statistical Service announced on Maundy Thursday. It is added that […]
Restaurant review: Onar, Paphos
When the team behind the very successful Oniro by the Sea decided to launch another restaurant, it would have been straightforward for them to repeat the same winning formula. However, with the opening of Onar in the heart of the old town of Paphos, this is not what they have done. Instead, they created a […]
Restaurant review: The Shopkeeper & Co, Limassol
Seated at The Shopkeeper & Co’s communal table, with headphones on, the music serving as a sufficient block between your own thoughts and any adjacent conversations, you could be forgiven for thinking that you weren’t in Cyprus. This has less to do with the self-styled concept store and coffee bar’s customer base, which is quite […]
RIF launches research support programmes worth €14.5 million
The Research and Innovation Foundation (RIF) this week announced the launch of two new programmes, titled Excellence and Post-Doc respectively, with a total budget of €14.5 million. According to the announcement, the aim of these programmes is to foster scientific excellence by strengthening the production of new knowledge and giving young researchers the opportunity to lead research projects. […]
Cyprus industrial turnover index rises in February
Cyprus’ Industrial Turnover Index reached 124.3 units in February 2024, with 2021 being the base year, set at 100 units, marking a 5.2 per cent increase compared to the same month in 2023. According to a report released this week by the Cyprus Statistical Service (Cystat), the index experienced a total increase of 4 per cent […]
CDC committed to becoming a high-level consulting institution for all investors
The Council for the Development of Cambodia (CDC) is committed to becoming a high-level consultant institution to all investors by providing them with key information about Cambodia so that they have sufficient and clear basis before deciding to invest in the Kingdom. The commitment was made by Sun Chanthol, Deputy Prime Minister and First Vice […]
Roll out of tyre industry pumping up rubber producers
Prime Minister Hun Manet has announced two significant developments in the Kingdom’s tyre manufacturing sector. He shared the exciting news as he addressed an April 28 celebration, held to observe the 138th anniversary of International Labour Day, due to be marked on May 1. According to Manet, two new companies are set to join the […]