Prior to the 1970s, most Asian populations were very young. However, this demographic profile has shifted significantly, with several Asian countries now poised to become “super-aged.” Cambodia is well-positioned to capitalize on this demographic change. The country’s population is entering a period of rapid economic growth, fueled by a growing cohort of working-age individuals (30-49). […]
Beauty Det Sreynad has been crowned Miss Planet Cambodia 2024. She will now compete in the Miss Planet International competition, in a yet to be disclosed location.
Cyprus industrial workers’ federation (Oviek-Sek) secretary-general George Kasiouris on Thursday called for a “balanced approach” regarding the employment of third-country nationals on the island. “The strategy of granting work permits to third-country nationals must be based on a balanced approach, which combines the meeting of the needs of the domestic labour market with the safeguarding of […]
Bird Aviation announced the construction of a new hangar at the old Larnaca Airport, expanding its operations with the addition of a new narrow-body aircraft bay. The project, which recently commenced adjacent to the existing hangar on Bird Aviation’s premises, is on track for completion within the next few months. The new facility is a response […]
The Deputy Minister of Tourism, Kostas Koumis, led the Cypriot delegation at the IFTM 2024 tourism exhibition in Paris. During his visit, he met with key industry executives and promoted Cyprus as a sustainable tourism destination. Koumis expressed optimism about surpassing last year’s record of 80,000 French visitors to Cyprus. He highlighted the growing French […]
The Council for the Development of Cambodia (CDC) and the Board of Investment (BOI) of Thailand have agreed to enhance cooperation in promoting investment in Cambodia. The commitment was made during a meeting held on Wednesday chaired by Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the CDC and Patcharada Nawakawongkarn, Executive Director of […]
Under the Airport Carbon Accreditation (ACA), introduced in 2009 on the initiative of the Airports Council International Europe (ACI EU), Sihanouk International Airport has been upgraded to Level 3 certification of a program aimed at reducing greenhouse gas emissions while engaging stakeholders to curb their own emissions. Earlier this year, Phnom Penh International Airport, also […]
Japan External Trade Organization (JETRO) will strengthen cooperation with Cambodia’s Ministry of Commerce to help the Kingdom fully tap its export potential. The assurance was given to Samheng Bora, Secretary of State of the Ministry of Commerce, when a Cambodian delegation headed by him met with Sho Hideki, Director General of JETRO in Osaka, Japan, […]
Thai Airways and AirAsia will connect regular flight service to Siem Reap Angkor International Airport (SAI) in October, said Dy Rado, Deputy Governor of Siem Reap province. Thai Airways will start the daily Bangkok-Siem Reap route starting October 27 while AirAsia will start its air service between Phuket and Siem Reap on October 29, Rado […]
Cambodia-China Tourism Forum 2024 officially kickstarted yesterday in Siem Reap province under the theme ‘Revitalization of the Chinese Tourism Market to Cambodia: Challenges, Perspectives and Recommendations’. This forum aimed at promoting tourism and cultural exchange, especially to enhance cooperation between the two countries, promote tourist flow and attract more Chinese investors to Cambodia’s tourism sector […]
Prime Minister Hun Manet, received a delegation from the European Chamber of Commerce in Cambodia (EuroCham Cambodia) at the Peace Palace yesterday, according to a press release issued by the Spokesperson for the Prime Minister. At the outset, Ambassador of the European Union to Cambodia Igor Driesmans, who led the EuroCham delegation, praised the cooperation […]
Deputy Minister of Tourism Kostas Koumis on Thursday said that Cyprus is likely to set a new record for tourist arrivals from France. Speaking during a series of meetings in Paris, where he led the Cypriot delegation at the IFTM 2024 tourism exhibition, Koumis said that Cyprus is poised to surpass last year’s figure of 80,000 French visitors. According […]
The Nicosia property market is experiencing strong demand for second-floor apartments, according to real estate analytics firm Ask Wire. The company also reported notable differences in asking prices, with amounts ranging from €2,133 to €7,075 per square metre across different floors. Dozens of under-constructions and newly completed projects are currently being monitored by the firm […]
National investment promotion agency, known as Invest Cyprus, on Thursday announced that it recently participated in the India Mediterranean Business Conclave 2024. The event, held on September 6 in New Delhi, was part of the agency’s “ongoing efforts to position Cyprus as a premier destination for investment and business activities”, according to the announcement. The […]
Financial literacy and robust regulation are essential to strengthening household financial behaviour, according to a number of experts at a conference organised by the Central Bank of Cyprus (CBC) and the University of Cyprus’ Economics Research Centre (CypERC). Opening the conference, CBC governor Christodoulos Patsalides outlined Cyprus’s national strategy for promoting financial literacy. He stressed […]
Eurobank Cyprus on Thursday announced the appointment of Andreas Petsas as its new Chief Executive Officer (CEO), following a decision by the bank’s board of directors. According to the announcement, the appointment was finalised during a meeting held on September 17, 2024, in Nicosia. Petsas, who has been with Eurobank Cyprus since 2007, most recently […]