Cambodian products to be on hand in 6,000 French stores
Following a year of success, a French cashew nut and dried mango production company is planning to expand its investment in Cambodia to export a wider range of agricultural products to 6,000 distribution points across France. The proposal was discussed during a meeting between Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), and […]
Cambodia, Vietnam eye $20 billion trade goal
Cambodia and Vietnam have reaffirmed their commitment to bolstering economic partnerships across key sectors, aiming to achieve $20 billion in bilateral trade. This pledge was underscored at the Business Dialogue 2025, hosted by the Vietnamese Embassy in Phnom Penh, which provided a platform for businesses to develop strategic investment plans in Cambodia. The event, held […]
Cashew nuts yield in 2025 to remain stable, MAFF says
Khim Finan, Undersecretary of State and Spokesman for the Ministry of Agriculture, Forestry and Fisheries (MAFF), said that preliminary assessments suggest the total cashew yield in 2025 could remain stable or increase compared to 2024. Finan told reporters on Tuesday that Cambodia has no issue supplying 3,000 tonnes of processed cashew nuts per year to […]
Cyprus looks to UAE for mobile desalination units
As Cyprus faces its third consecutive year of severe water scarcity, the government is exploring solutions to secure adequate water supplies for citizens and agriculture. Agriculture Minister Maria Panayiotou is in Abu Dhabi today to discuss potential cooperation with the United Arab Emirates’ National Energy Company (TAQA). The visit aims to investigate the possibility of […]
CCLEI continues its upward trajectory, up by 2.9% Y-o-Y in February
The Cyprus Composite Leading Economic Index (CCLEI), constructed and estimated by the Economics Research Centre (CypERC) of the University of Cyprus, recorded a year-over-year (YoY) increase of 2.9% in February 2025. This shows it is continuing its upward trajectory, following year-over-year increases of 2.5% and 2% recorded in January 2025 and December 2024, respectively, according to the most recently […]
This year’s season to be at least as good as 2024, says Koumis
Cyprus’ tourism sector is entering 2025 with increased optimism, according to Deputy Minister of Tourism Kostas Koumis. Speaking in Paphos on 1 April, he highlighted that early indicators suggest the new year will have at least as good results as 2024—a landmark year for Cyprus, as the country surpassed 4 million tourist arrivals and €3 […]
Central Bank maintains CCyB rate at 1.5%
The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical buffer (CCyB) rate unchanged at 1.5%, with effect as of 14 January 2026. In a press release, CBC notes that, in accordance with the provisions of the Macroprudential Oversight of Institutions Laws of 2015 to 2022, deemed appropriate to maintain the CCyB rate at 1.5%, which […]
Cyprus to court US investors
Cyprus is making a bold push to attract American investment, with President Nikos Christodoulides leading a high-profile delegation to the United States. Over the next few days he will visit New York, Texas, and California, meeting with key business leaders, energy giants, and tech investors. The goal is to strengthen economic ties, boost foreign investment, […]
Bank of Cyprus completes 28 per cent of share buyback plan
The Bank of Cyprus on Wednesday provided an update on its total voting rights, share capital, and the progress of its share buyback programme. Specifically, the bank reported that 28 per cent of the buyback programme has already been executed. According to the announcement, as of March 31, 2025, the company had repurchased 1,496,122 shares at a weighted average price […]
Cyprus’ cruise season begins with Marella Discovery II from Limassol
Limassol port to host 26 cruise calls Cyprus’ cruise season began on Wednesday with the arrival of Marella Discovery II at the port of Limassol, according to an announcement by operator DP World Limassol. This marks the country’s first ‘Fly and Cruise’ operation since the Covid-19 pandemic, something which the port operator described as a “reaffirmation of its […]
