Trade activity between Cambodia and Laos is expected to grow after the two governments signed a double taxation agreement (DTA) aimed at addressing income tax issues and preventing tax evasion, despite the currently modest trade volume between the neighbouring countries. The agreement was signed on December 4 in Phnom Penh by Minister of Economy and […]
Krama Khmer (Cambodian scarf) was inscribed on the UNESCO Representative List of the Intangible Cultural Heritage of Humanity during the 19th session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage, being held in Asunción, Paraguay tonight (Cambodian time). This is another new pride for the 7th-mandate Royal Government for having attained […]
The bloc is actively working as an organisation to remove barriers to intra-regional trade WHILE the world debates the next chapter of globalisation, it’s a case of full steam ahead in Asean markets. Investors are flocking to the region, drawn by its trade links, digital transformation and the demand for sustainable infrastructure. Less visible, but […]
Vietnam invested $557 million in Cambodia in the first eleven months of 2024, and ranked third, said Chea Vuthy, Secretary General of the Cambodian Investment Board (CIB) of the Council for the Development of Cambodia (CDC), on Wednesday. Vuthy disclosed this while addressing the inauguration ceremony of the local-grown-tree processing plant of TNTVN Forestry Co., […]
The Christodoulides administration has prioritised addressing climate change with targeted actions, a commitment echoed by Cyprus’ tourism industry, Deputy Minister Costas Koumis said on Thursday. Koumis’ comments were delivered during a speech at a conference titled ‘Tourism in the Era of Climate Change: Challenges and Innovations‘, held under the auspices of President Nikos Christodoulides. The Christodoulides administration has prioritised addressing climate change with […]
Minister says housing permits will take just 40 working days Cyprus has revamped its planning and building permit system, cutting approval times to just 40 working days for small-scale developments, Interior Minister Constantinos Ioannou announced this week. The initiative is part of a broader strategy to eliminate delays and modernise housing construction processes. The reforms target low-risk “Category A” […]
Cypriot DIY retail chain Superhome Centre is set to change ownership in a €94 million deal, it emerged this week. The prospective buyer is reportedly a billionaire investor of Greek descent, according to Economy Today. The same reports said that the buyer, who has previously been listed among the world’s top 200 richest individuals by Forbes, initially […]
CySEC officer Elena Karkoti on Thursday highlighted the ongoing issue of underrepresentation of women on corporate boards and in leadership roles. She described this phenomenon as “a profound social and political contradiction” during a time where equality has been in the spotlight. Karkoti said that despite progress in gender equality, “women remain trapped on the margins of decision-making centres and are often a […]
Cyprus is stepping up as a leading destination for international investment, president Nikos Christodoulides said on Wednesday. Speaking at the ‘EY Cyprus Attractiveness Forum 2024,’ the president outlined the government’s strategic plans to bolster economic growth and investor confidence. Addressing industry leaders, Christodoulides reaffirmed the government’s dedication to fostering economic stability and enhancing the business […]
Cambodia marked the 46th anniversary of the establishment of the December 2 Front yesterday, officially known as the Kampuchean United Front for National Salvation (KUFNS). This pivotal movement led to the overthrow of the genocidal Khmer Rouge regime on January 7, 1979. The KUFNS was founded through the collective efforts of patriots both within and […]
The Cambodian scarf, known as krama, was inscribed as an Intangible Cultural Heritage of Humanity by UNESCO during the 19th session of the Intergovernmental Committee of the 2003 UNESCO Convention for the Safeguarding of Intangible Cultural Heritage in Asunción, Paraguay. In a congratulatory message, Cambodian Senate President Hun Sen expressed pride in this historic achievement, […]
Beautiful Than Ratana was last night crowned as Miss Mera Cambodia 2024.The pageant, held at the T.Y Media E-Sports Center in Phnom Penh states that ‘This crown represents the perfect balance between elegance and power. It symbolizes not just physical beauty, but the inner strength, wisdom, and transformative potential that each individual carries. the crown of […]
African migrant workers and labour organisers gathered in Nicosia’s Old Town on Sunday for Cyprus’s first African workers’ conference. The six-hour event, organised by the Industrial Workers of the World Cyprus Regional Organising Committee (IWW-CyROC) and African community members, combined labour activism with cultural exchange through music and food. Cameroonian community representatives discussed their homeland’s history and current […]
In a bid to boost the national economy, Prime Minister Hun Manet revised the roles and responsibilities of the deputy prime ministers of the Royal Government. The decree on the ‘Adjustment of the Arrangements and Distribution of Duties of RGC Leaders’ was signed by Prime Minister Hun Manet on November 27, and a statement was […]
The Royal Government has announced a comprehensive 10-year roadmap outlining potential investment projects to be undertaken through public-private partnerships (PPP) from 2025 to 2035. The PPP investment projects mainly focuses on infrastructure such as roads, bridges, ports, logistics, energy, clean water supply and waste management, according to a recent statement from Prime Minister Hun Manet. […]
According to a report from Angkor Enterprise, on 4 December 2024, American tourists ranked first among nearly 400,000 international visitors to the Angkor Archaeological Park. In the first 11 months of 2024, 898,339 tourists purchased tickets to Angkor Archaeological Park, an increase of 28.33 percent compared to the same period in 2023. This generated nearly […]