The Paphos regional tourism board (Etap) on Thursday announced a change in leadership, with Michalis Mitas appointed as its new president. Mitas takes over following the conclusion of previous president Kyriakos Drousiotis’ two consecutive terms from 2021 to 2025. At a special session held on Wednesday, the outgoing president said that he was “handing over a financially healthy tourism […]
Cyprus’ property market remained resilient in the first half of 2025, with sales documents rising 16 per cent year-on-year and the total value of property transfers approaching €2.3 billion. Paphos continued its upward trend, posting €485 million in transfer values and a 20 per cent rise in sales documents to 1,653, both for permanent and […]
Germany and Denmark boost Cyprus tourist numbers Tourism in Cyprus continued to strengthen in June 2025, with tourist arrivals rising 3.4 per cent year-on-year to reach 498,527, compared to 482,261 in June 2024, according to the state statistical service. For the first half of the year, tourist arrivals totalled 1,843,013, up 11.5 per cent from 1,652,475 in the […]
Cambodia Investment Review Cambodia has officially launched a new Monitoring and Evaluation (M&E) Framework to drive the implementation of its National Strategy on the Development of the Informal Economy (NSIED) 2023–2028, marking a significant step toward formalising a sector that currently accounts for approximately 88% of the national workforce. Developed under the leadership of the Coordinating […]
Synopsis: Vietnam remains among the top five foreign investors in Cambodia with investments covering a wide range of sectors including agriculture, telecommunications, banking and finance, food processing, etc. Cambodia and Vietnam have reaffirmed their longstanding commitment to deepening economic cooperation by setting an ambitious goal of raising bilateral trade to $20 billion over the next […]
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $19.7 billion in the first half of 2025, a 16.5 per cent increase from $16.9 billion over the same period last year, according to an official report released on Wednesday. The country’s exports to fellow RCEP member countries totalled $5.03 billion during the […]
The Spring edition of the Business Barometer by the Limassol Chamber of Commerce and Industry (LCCI) demonstrates a perception among Limassol’s business community that the economy is currently in a better state than it was six months ago. At the same time, the significantly increased demand for staff and the willingness of businesses to proceed […]
Tucked deep in Cambodia’s northern jungles, far from Angkor’s crowds, lies Koh Ker—an ancient Khmer capital lost to time. Surrounded by dense forest and haunting ruins, it offers a surreal, isolated glimpse into a forgotten era of history Nestled deep in the jungles of northern Cambodia, far from the tourist-trodden paths of Angkor Wat, lies […]
When asking Faye Tsui—fashion stylist, content creator and one of our July 2025 cover star Heart Evangelista’s most fabulous friends—for a travel recommendation, one might expect her to name an electric, fashion-forward city. But Siem Reap, the Cambodian city charged with tranquility and historic charm, makes sense for the Hong Kong-based creative, for when she wants a […]
SSH Solar Finance Plc on Wednesday announced that it will pay interest to bondholders for the period from January 31, 2025 to July 31, 2025, relating to its listed green bonds. The annual interest rate for the bonds is set at 8 per cent, composed of a fixed coupon rate of 4 per cent and a variable interest rate of […]
Demetra Holdings Plc on Wednesday published its investment portfolio report for the second quarter of 2025, revealing a total asset value of €528.64 million as of June 30, 2025. According to the report, cash and bank deposits accounted for the largest share of assets, with a total of €408.03 million, representing 77.19 per cent of the company’s total. The […]
The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Space Exploration Organisation (CSEO) signed a Memorandum of Understanding (MoU) on Wednesday, to strengthen innovation and link the space technology with research. According to the announcement, the memorandum was signed by Keve president Stavros Stavrou and the CSEO president George Danos. The chamber explained that the agreement aims […]
Synopsis: The growth in the number of factories and enterprises is a testament to the trust that both domestic and especially international investors have in the Royal Government. The number of factories and enterprises in Cambodia has increased by over 5,000 or more than 13 percent in less than two years, according to a report […]
Synopsis: The significant rise is primarily attributed to the growing demand for raw rubber latex from several tire manufacturing factories operating in the Kingdom. Domestic consumption of rubber latex in Cambodia surged to 85,000 tonnes in the first six months of 2025, marking a remarkable 92 percent increase compared to the entirety of 2024, according […]
Synopsis: Nearly 75,000 French tourists visited the Kingdom during the first six months of 2025, an increase of 14 percent compared to the same period last year. Cambodia continues to be a preferred destination for French tourists, with the Kingdom welcoming around 75,000 French visitors during the first six months of 2025, an increase of […]
Synopsis: Cambodia maintains a trade surplus with China, largely due to its role as a low-cost manufacturing hub, experts say. Bilateral trade between Cambodia and China surged past $9.2 billion in the first six months of 2025, representing a strong 26 percent increase compared to the same period last year, according to a recent report […]