Chanmony urges support for local farm products

Chanmony urges support for local farm products

PIch Chanmony, spouse of Prime Minister Hun Manet, Saturday called for support to promote Cambodia’s agricultural products. Presiding over the launch of the two-day ‘Khmer Agricultural Village’ exhibition, Chanmony encouraged food service companies, chefs’ associations, tourism associations and restaurants to collaborate with Cambodian agricultural associations and cooperatives to promote local agricultural products. The exhibition was […]

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Vinci’s sustainable initiatives and technology to be used in €94 million water plant extension project in Cambodia

Vinci’s sustainable initiatives and technology to be used in €94 million water plant extension project in Cambodia

France-based construction company Vinci has been awarded a €94 million contract to design and build an extension to Cambodia’s major water treatment plant. The municipal water supply authority for Phnom Penh, the capital of Cambodia, has commissioned Vinci’s Construction Grands Projets (CGR) division for the project. The extension, a testament to Vinci’s capabilities, will serve […]

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Cyprus government surplus doubles in 2024

Cyprus government surplus doubles in 2024

The surplus in the government balance during the period of January-April 2024 was almost double compared to last year, attributed to the faster increase in revenues compared to expenditures, allowing the Government to be more flexible in its social policy. Preliminary fiscal results prepared by the Statistical Service for the period of January-April 2024 indicate […]

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Angkor Archeological Park Draws Over 470,000 International Visitors in Early 2024

Angkor Archeological Park Draws Over 470,000 International Visitors in Early 2024

PHNOM PENH, June 3, 2024 – Angkor Archeological Park, Cambodia’s premier tourist attraction, has welcomed 472,258 international visitors from January through May this year, marking a substantial 37 percent increase compared to the same period last year, according to a recent report by Angkor Enterprise, the entity responsible for managing the park’s entrance passes. The […]

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A survivor of the Khmer Rouge, Sovanna Chan raised her family in East Oakland, where she and her husband own a donut shop. In recent years, she’s also found stardom on social media. Sovanna Chan piles slices of lemongrass, turmeric, and galangal in a heavy stone mortar, crushing them methodically with a pestle. A bright, […]

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Government achieved 13% implementation of development expenditure by April 2024

Government achieved 13% implementation of development expenditure by April 2024

The implementation rate of development expenditures from the state budget reached 13% at the end of April 2024, marking a slight increase from the decade’s average of 12%, according to the Treasury. Income-wise, indirect taxes recorded a €150 million increase compared to last year, attributed to rising VAT revenue. Additionally, direct tax revenue increased by €170 […]

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Spokesman stresses Cyprus’ commitment to responsible economics after IMF report

Spokesman stresses Cyprus’ commitment to responsible economics after IMF report

Government Spokesman, Konstantinos Letymbiotis, has reaffirmed Cyprus’ commitment to responsible economic policies, stressing their pivotal role in the country’s economic growth and prosperity. During a media briefing on 30 May, he welcomed the latest observations and recommendations released by the International Monetary Fund (IMF) regarding Cyprus. Letymbiotis commented on IMF’s Executive Board’s conclusions following its latest […]

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Electricity interconnection with third countries a priority for Cyprus, official says

Electricity interconnection with third countries a priority for Cyprus, official says

Electricity interconnection with third countries is a constant priority for Cyprus, the Permanent Secretary of the Ministry of Energy, Commerce and Industry, Marios Panayides, has told the Transport, Telecommunications and Energy Council of the EU. He was speaking at the event, which took place in its Energy Ministers configuration, in Brussels on 30 May. Moreover, he noted that the […]

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