DPM highlights Cambodia’s investment potential

DPM highlights Cambodia’s investment potential

Cambodia provides tremendous investment opportunities, especially in key sectors such as infrastructure and energy and its open Investment Law is an added attraction, said Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), to a delegation of the Vietnam Cambodia Business Association (VCBA), recently. The Deputy […]

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FinMin: Cyprus to participate in Great Sea Interconnector provided conditions are met

FinMin: Cyprus to participate in Great Sea Interconnector provided conditions are met

Cyprus will participate in the €19-billion project of electricity interconnection linking Cyprus, Greece and Israel, called “Great Sea Interconnector,” provided the conditions set out by the Cabinet are met, Finance Minister Makis Keravnos has said. Keravnos’ comments on 7 March came following the call by the Greek Independent Power Transmission Operator (IPTO) for Cyprus to […]

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Eurobank Cyprus after-tax profits surge to €199.4 million in 2023

Eurobank Cyprus after-tax profits surge to €199.4 million in 2023

Eurobank Cyprus on Friday released its financial results for the year 2023, posting an after-tax profit of €199.4 million, reflecting a significant increase of 111 per cent over the previous year. In addition, the bank’s results showed enhanced capital adequacy, as well as notable improvements in operational costs. The positive outcomes affirm the bank’s resilient trajectory, effective management of […]

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Cyprus shipping registry commemorated in Athens

Cyprus shipping registry commemorated in Athens

The Cyprus Registry marked its 60th anniversary of participation in global shipping activities earlier this week, highlighting its journey towards becoming a key player through a strategy focused on responsible and sustainable growth. Celebrated at the Great Britain Hotel in Athens, Greece, the event underscored the strong connection between Greek and Cypriot maritime sectors. The gathering was attended […]

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Commerce Minister encourages Australian business community and investors to increase business activities and further invest in Cambodia

Commerce Minister encourages Australian business community and investors to increase business activities and further invest in Cambodia

Cham Nimul, Minister of Commerce, met with Senator Hon Tim Ayres, Assistant Minister for Trade and Assistant Minister for Manufacturing of Australia, to discuss and strengthen friendship and bilateral economic and trade relations between Cambodia and Australia on March 5, 2024. The meeting was held on the occasion of accompanying Prime Minister Hun Manet to […]

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Neak Oknha Kith Meng invites Australian investors to explore diverse opportunities in Cambodia

Neak Oknha Kith Meng invites Australian investors to explore diverse opportunities in Cambodia

Neak Oknha Kith Meng, President of Cambodia Chamber of Commerce (CCC) and Chair of ASEAN Business Advisory Council Cambodia, encouraged and invited Australian companies to explore the diverse opportunities that Cambodian market presents and asked Australia to contribute their expertise to shared success as Cambodia offers as a gateway for Australian businesses seeking to diversify […]

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CDC looks to attract investment from Australia

CDC looks to attract investment from Australia

The Council for the Development of Cambodia (CDC) on Wednesday said that it working towards attracting investment partners from Australia. The CDC would also be exploring with other government departments and business chambers ways to boost semi-finished and processed product exports to Australia. The CDC in a statement on Wednesday said the Cambodia Investment Committee […]

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Chinese aircraft showcased in Cambodia

Chinese aircraft showcased in Cambodia

Commercial Aircraft Corporation of China, Ltd. (COMAC) conducted flight displays of its ARJ21 and C919 commercial aircraft in Cambodia yesterday. Showcasing of the two jetliners in Cambodia was part of the COMAC’s demonstration of flights in Southeast Asian countries such as Vietnam, Laos, Cambodia, Malaysia and Indonesia. The flight demo took place at the Phnom […]

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