Cashew exports surpass $700M in H1

Cashew exports surpass $700M in H1

Synopsis: Officials are actively working to attract more foreign investment into the cashew nut sector, particularly in processing and value-added production. Cambodia exported cashew nuts worth over $700 million in the first six months of 2025, an increase of 56 percent compared to the same period last year. According to a report released by the […]

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Cars top Cambodian imports from Britain

Cars top Cambodian imports from Britain

Synopsis: Trade between the Kingdom and UK exceeded $300 million in the first four months of 2025, up nine percent compared to the same period last year. At a total import cost of $10.3 million, cars topped Cambodian imports from Britain last year, according to the latest statistics released by the British Department for Business […]

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Kingdom-South Korea trade hits nearly $450M amid deepening economic ties

Kingdom-South Korea trade hits nearly $450M amid deepening economic ties

Synopsis: Both countries are pursuing initiatives to enhance their economic relationship, creating a more favourable environment for trade and investment. Bilateral trade between Cambodia and South Korea has shown impressive growth in the first half of 2025, amounting to $438 million, up 10.7 percent from $396 million in the same period last year, an official […]

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Harmonised inflation up 0.5% y-o-y in June – 1.6% in first half of 2025

Harmonised inflation up 0.5% y-o-y in June – 1.6% in first half of 2025

Cyprus’ Harmonised Index of Consumer Prices (HICP) rose by 0.5% year-on-year in June 2025, according to data released by Cystat. On a monthly basis, the index increased by 0.4% compared with May. The largest annual price increases compared to June 2024 were recorded in Recreation and Culture (7.5%) and Restaurants and Hotels (5.5%), while Clothing […]

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Cyprus assesses clean energy costs in new EU-backed study

Cyprus assesses clean energy costs in new EU-backed study

The cost of transitioning to a net-zero emissions economy in Cyprus depends heavily on the chosen policy mix, particularly regarding how carbon tax revenues are used, according to research conducted by the Finance Ministry in collaboration with the University of Cyprus’ Economics Research Centre (CypERC). The findings of this research were published in a European Commission study aimed […]

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Cyprus energy use in services holds firm despite EU decline

Cyprus energy use in services holds firm despite EU decline

Cyprus recorded one of the smallest declines in energy use across the EU services sector in 2023, as the bloc’s overall consumption fell by 1.9 per cent compared with the previous year, released on Thursday  by Eurostat, the statistical office of the European Union.  The EU’s services sector consumed a total of 4 937 petajoules (PJ) last […]

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Paphos tourism board sees change in leadership

Paphos tourism board sees change in leadership

The Paphos regional tourism board (Etap) on Thursday announced a change in leadership, with Michalis Mitas appointed as its new president. Mitas takes over following the conclusion of previous president Kyriakos Drousiotis’ two consecutive terms from 2021 to 2025. At a special session held on Wednesday, the outgoing president said that he was “handing over a financially healthy tourism […]

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Paphos property sales rise 20 per cent to hit 485 million

Paphos property sales rise 20 per cent to hit 485 million

Cyprus’ property market remained resilient in the first half of 2025, with sales documents rising 16 per cent year-on-year and the total value of property transfers approaching €2.3 billion. Paphos continued its upward trend, posting €485 million in transfer values and a 20 per cent rise in sales documents to 1,653, both for permanent and […]

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British tourists flock to Cyprus as June arrivals hit half a million

British tourists flock to Cyprus as June arrivals hit half a million

Germany and Denmark boost Cyprus tourist numbers Tourism in Cyprus continued to strengthen in June 2025, with tourist arrivals rising 3.4 per cent year-on-year to reach 498,527, compared to 482,261 in June 2024, according to the state statistical service. For the first half of the year, tourist arrivals totalled 1,843,013, up 11.5 per cent from 1,652,475 in the […]

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Cambodia Launches Informal Economy M&E Framework with Support from Australia, UNDP, and ILO

Cambodia Launches Informal Economy M&E Framework with Support from Australia, UNDP, and ILO

Cambodia Investment Review Cambodia has officially launched a new Monitoring and Evaluation (M&E) Framework to drive the implementation of its National Strategy on the Development of the Informal Economy (NSIED) 2023–2028, marking a significant step toward formalising a sector that currently accounts for approximately 88% of the national workforce. Developed under the leadership of the Coordinating […]

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