MoT, SAI mull events to draw more tourists to Siem Reap

MoT, SAI mull events to draw more tourists to Siem Reap

Synopsis: Siem Reap attracted nearly 2.9 million tourists in the first half of 2025, reflecting an increase of more than 50 percent compared to the same period last year. The Ministry of Tourism and Siem Reap Angkor International Airport (SAI) will jointly organise new and international tourism events to attract more national and international tourists […]

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Cashew sector sees export growth amid climate challenges

Cashew sector sees export growth amid climate challenges

Synopsis: Despite unusual weather patterns, Cambodia saw a 15 percent increase in export volume over the last five months. Cambodia saw a 15 percent increase in export volume over the last five months. However, farmers experienced rising costs due to an increased reliance on pesticides and disease management, according to the Cashew nut Association of […]

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Cambodia, China discuss ways to further boost economic cooperation

Cambodia, China discuss ways to further boost economic cooperation

Synopsis: Both sides discussed several key topics including strengthening cooperation in production and supply chains, the impact of implementing measures related to the origin of goods and challenges faced by Chinese investors. Cambodia and China Wednesday reiterated their commitment to further boost the bilateral economic, trade, and investment cooperation, with a particular focus on the […]

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Cambodia’s int’l trade reaches $30.57 bln, up 17 pct in H1

Cambodia’s int’l trade reaches $30.57 bln, up 17 pct in H1

Cambodia’s foreign trade volume hit $30.57 billion in the first half of 2025, up 17 percent over the same period last year, an official report said on Thursday. The kingdom’s total exports amounted to $14.29 billion during the cited period, a year-on-year increase of 16 per cent, and total imports reached $16.28 billion, up 18 […]

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Chief Scientist strengthens Cyprus’ innovation standing as regional gateway to Europe during UAE visit

Chief Scientist strengthens Cyprus’ innovation standing as regional gateway to Europe during UAE visit

The Chief Scientist, Demetris Skourides, has concluded a high-level business visit to the United Arab Emirates, reinforcing Cyprus’ positioning as a forward-looking hub for artificial intelligence, deep technology, and innovation-led economic growth. The visit formed part of Cyprus’ broader strategy under Vision 2035 to foster cross-border partnerships, attract international investment, and accelerate the global competitiveness […]

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Mall of Cyprus approves €13.5 million interim dividend

Mall of Cyprus approves €13.5 million interim dividend

The board of directors of Mall of Cyprus approved an interim dividend of €13.5 million, following a review of the company’s financial position based on the provisional 2025 accounts. According to an announcement, the dividend will be distributed proportionally to shareholders registered with the Cyprus Stock Exchange (CSE) as of July 23. Shareholders will receive […]

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Cyta subsidiary signs new collective agreements with trade unions

Cyta subsidiary signs new collective agreements with trade unions

Cytacom Solutions Ltd, a subsidiary of Cyta, on Thursday announced that it recently signed the renewal of its collective labour agreements for the 2025–2027 period. These agreements, the company said, cover both its monthly and hourly-paid staff. Moreover, according to a statement issued by Cyta, the agreements “confirm the strong cooperation and mutual trust between […]

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Cyprus trade deficit widens to €3.26 billion

Cyprus trade deficit widens to €3.26 billion

Cyprus recorded a trade deficit of €3.26 billion in the first five months of 2025, slightly up from €3.18 billion in the same period of 2024, according to figures released on Thursday by the statistical service. Specifically, total imports of goods from January to May 2025 amounted to €5.37 billion, rising by 13.7 per cent from €4.73 billion in […]

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Tech contest opens to startups from Cyprus and Greece

Tech contest opens to startups from Cyprus and Greece

Financial literacy and AI focus of NBG innovation programme The National Bank of Greece on Thursday announced the launch of its 16th Innovation and Technology Competition as part of its NBG Business Seeds programme. “This initiative is the longest-running innovation support institution in Greece and Cyprus, promoting individuals with vision and offering them the tools and guidance needed […]

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Invest Cyprus chief pledges long-term support for global investors

Invest Cyprus chief pledges long-term support for global investors

Invest Cyprus chairman Evgenios Evgeniou addressed foreign investors at the 13th Invest Cyprus International Investment Awards in Nicosia on Wednesday, reaffirming the organisation’s commitment to working with the international investment community to build a more diversified and innovative Cyprus. Speaking at the event, Evgeniou highlighted the growing confidence in Cyprus as an investment destination, pointing […]

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