Minister of Commerce Cham Nimul expressed her confidence that a November 12 trade and investment forum will increase UK-Cambodia trade by boosting exports and attracting British direct investment. The “2nd UK-Cambodia Joint Trade and Investment Forum (JTIF)”, held with the theme “The Road to 2030”, was organised in Phnom Penh by the commerce ministry, in […]
❮❯ The Angkor Grace Wellness Resort, a new five-star resort located just minutes from the Angkor Wat Temple Complex, held its grand opening ceremony on November 11, 2024. Located in Siem Reap province, Cambodia’s premier tourist destination, the resort’s opening event was well-attended, with a wide array of distinguished guests, media representatives and the management […]
As part of its efforts to enhance the transportation sector and drive economic growth, the Cambodian government is rolling out plans for the development of eight major railway projects, with a projected total investment of over $10 billion. Experts and economists have highlighted how the expansion of the rail network will play a key role […]
Bilateral trade between Cambodia and Canada is expected to grow further from 2025, as the Canadian government plans to send a business mission to Cambodia next year to explore opportunities for enhancing trade cooperation with the Kingdom. In a meeting with Minister of Foreign Affairs and International Cooperation Sok Chenda Sophea at ministry headquarters on […]
Water Festival attracted a staggering 4.3 million domestic and international tourists during its first two days, according to Minister of Tourism Huot Hak. Speaking to National Television of Cambodia (TVK) on the morning of Saturday, November 16, Hak said that of the total, approximately 60,000 were international tourists. “In Phnom Penh alone, we have had […]
Nearly 350 investment projects were registered with the Council for the Development of Cambodia (CDC) in the first 10 months of 2024, showing an increase of more than 50% year-on-year. These projects are expected to create close to 300,000 jobs, according to the CDC. Sar Senera, deputy secretary-general of the CDC’s Cambodian Investment Board (CIB), […]
Cyprus recorded a record-breaking €3.2 billion in foreign direct investment (FDI) for 2023, according to Invest Cyprus, the agency tasked with driving investments to the island. This figure was reported during the organisation’s annual general meeting on November 14. The meeting took place at the premises of the Finance Ministry in Nicosia, where it unveiled and […]
Property prices in Limassol surged in 2024, with apartment prices up by over 20 per cent and house prices rising by 30 per cent, according to a report from Nicosia-based firm Landbank Analytics. The report, which reviewed data from the Department of Lands and Surveys from January to September 2024, shed light on variations in […]
Some 1,650 international tourists enjoyed boat races, a parade of illuminated floats (Pratip), and fireworks from the tourism pavilion located near the main pavilion in front of the Royal Palace in Phnom Penh on Nov. 14, the first day of the three-day Water Festival celebration. Kuch Panhasa, Secretary of State at the Ministry of Tourism, […]
The Bank of Cyprus said on Thursday it is taking proactive measures to prevent online scams while fake news about a fraudulent lucrative platform linked to the bank have been circulating online. The fraudulent AI platform marketed as the ‘Bank of Cyprus Trading AI Platform’, promises to earn users a guaranteed €15,000 a month, requiring […]
by Richard WhiddingtonNovember 9, 2024 Share This Article Archaeologists conducting safeguarding work on the royal palace at Angkor Thom, a Khmer temple complex in Cambodia, have uncovered 12 sandstone guardian statues. The discovery came during a Cambodian-Chinese initiative to assess the structural integrity of the palace’s north gate, one of four such entrances. In particular, researchers were […]
Two Cypriot villages, Pissouri and Kalopanayiotis, have been named among the “Best Tourism Villages 2024” by UN Tourism. The awards, presented during the 122nd session of the UN Tourism Executive Council, recognised 55 villages from 30 countries, selected from more than 260 applications across 60 member states. The global recognition programme, now in its fourth year, evaluates villages […]
As the sun dipped below the horizon, casting a golden hue over Phnom Penh, the capital of Cambodia was abuzz with anticipation. This year, the annual Water Festival, a cherished celebration that honours the mighty Tonle Sap River, promised to be more vibrant than ever. From Thursday until Saturday, the city will transform into a […]
Kalopanayiotis and Pissouri were on Friday rated as top tourist villages in an annual list published by the World Tourism Organisation (WTO). The initiative was launched in 2021 to promote tourism in rural areas and preserve landscapes, cultural diversity, local values and culinary traditions. During this, the programme’s fourth year, 55 villages out of a […]
The first day of the three-day Water Festival drew tens of thousands of visitors from across Cambodia to the capital city of Phnom Penh. Phnom Penh becomes a vibrant centre of excitement, featuring exhilarating boat races, mesmerising illuminated floats known as “Pratip” and a captivating moon salutation ceremony known as “Sampeas Preah Khe”. The Tonle […]
The parliament is discussing plans to build new racetracks to combat illegal street racing, following concerns about public safety and 176 related complaints filed with authorities over the past five years. The House Transport Committee debated the proposal on Thursday, which would require approximately 300,000 square metres of land between Larnaca and Limassol and an […]