The Kingdom is gearing up for a transformative trade event as the Ministry of Commerce unveils the ‘Cambodia Trade Expo 2024’ (CTF), scheduled to take place from December 13-16 at the PH Center’s French Hall in Borey Peng Huot in the capital. The expo promises to be a pivotal platform for local producers, international buyers, […]
Cambodia approved 386 fixed-asset investment projects worth 6.4 billion during the first 11 months of 2024, generating over some 305,000 jobs, said a Council for the Development of Cambodia (CDC)’s report on Friday. The new projects were mainly focused on garment, travel goods, and footwear sectors, hotel development, hydroelectric power station, freshwater port, solar power […]
Academician Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance of Cambodia, projected that Cambodia’s economic growth in 2024 will be 6 per cent, mainly supported by continued momentum in export-oriented sectors and the garment sector. With sustainable peace, social order, safety and security, and political stability as strong foundations, Cambodia has consistently […]
The first Green Community of Kato Pyrgos has been presented by President Christodoulides during a full day visit in the area, accompanied by his Cabinet. During the 7 December visit he announced projects worth a total of €55 million for Tillyria and Polis Chrysochous areas and €50 million for the expansion of the port of […]
Setting goals, starting early and diversifying your portfolio Smart investing comes down to a few key principles that when linked to an individual’s financial goals ensures preparedness and peace of mind. With the rise of digitalisation and easy access to information, it’s easy to become overwhelmed about where you should start, what you should choose […]
Hybrid vehicles claim 36.9 per cent of new cars Motor vehicle registrations in Cyprus rose by 10.1 per cent from January to November 2024, with the growing popularity of electric and hybrid vehicles driving the market shift. According to the statistical service, electric car registrations increased to 4 per cent, while hybrids surged to 36.9 per cent, reflecting changing consumer preferences. […]
Limassol topped Cyprus’ property market from January to September 2024, leading in sales values for houses and apartments, 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 contracts of sales in Cyprus. In the Nicosia […]
Research and Innovation Foundation (RIF) director general Theodoros Loukaidis was recently presented with the Athenian Glaive award in Athens. According to an official announcement released on Monday, the RIF chief was given the award for his “instrumental role in positioning Cyprus as a leader in research and innovation”. The award was presented by Cyprus’ Ambassador […]
The Royal Government is working to enhance the country’s investment climate by negotiating Double Taxation Agreements (DTAs) with six countries in the region and Europe. While Cambodia has implemented DTAs with Singapore, China, Thailand, Brunei, Vietnam, Indonesia, China’s Hong Kong Special Administrative Region, Malaysia and South Korea, DTAs with China’s Macau Special Administrative Region and […]
The Lloyd’s List Greek Shipping Awards 2024 brought together hundreds of industry leaders in Athens, celebrating the achievements of local and international shipping. Deputy Minister of Shipping Marina Hadjimanolis attended on behalf of the Republic of Cyprus and presented the ‘Achievement in Education or Training 2024’ award to Captain Panagiotis Tsakos. Speaking at the event, […]
Over 100 Cypriot antiquities, including pottery jewellery, coins and religious icons illegally removed from the island have now been repatriated from the UK, the antiquities department said on Monday. The artefacts had been handed over to the Cyprus High Commission in London by UK police after being returned by various individuals who had them in […]
Even as the recent spike in tourism numbers in Kampot is yet to scale up to the same level as those witnessed in 2018-2019, the inflow of tourists in 2024 is quite encouraging. By sheer numbers, Kampot is now the Kingdom’s second most popular count-down destination, only after Siem Reap. What’s the reason for this […]
Freedom24 is honoured to present the second article in its series dedicated to the development of chess in Cyprus. This special series explores the rich history and dynamic evolution of chess on the island, highlighting Freedom24’s commitment to promoting the strategic and cultural significance of the sport. The first article is available in the Sport […]
Credit rating agency Fitch on Saturday upgraded Cyprus’ credit rating from BBB+ to A-, becoming the second such agency in the space of three weeks to give the island an ‘A’ grade. The agency said it had upgraded Cyprus’ score on account of “the rapid reduction in public debt, strong fiscal surpluses, and limited fiscal […]
Trendy without trying too hard By George Demetriades Nestled in the heart of Nicosia, on evergreen Pindarou, Beba is a restaurant that seems to have mastered the delicate art of being trendy without trying too hard. You know the type, effortlessly cool, with a vibe that feels more like a friend’s well-curated dinner party than […]
Even as the recent spike in tourism numbers in Kampot is yet to scale up to the same level as those witnessed in 2018-2019, the inflow of tourists in 2024 is quite encouraging. By sheer numbers, Kampot is now the Kingdom’s second most popular count-down destination, only after Siem Reap. What’s the reason for this […]