Cambodia shifts focus to high-tech industries amid strong economic growth

Cambodia shifts focus to high-tech industries amid strong economic growth

The Cambodian government is prioritizing the diversification of its industrial sector by transitioning from labour-intensive industries to knowledge-based and high-tech industries. With a 15.7 percent export growth in 2024, the government is positioning Cambodia as a regional production hub. The economy is projected to achieve a growth rate of approximately 6 percent of GDP in […]

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Energy giant lauds Kingdom’s favourable investment climate

Energy giant lauds Kingdom’s favourable investment climate

Prime Minister Hun Manet (right) greets Mehmet Celepoglu, Executive Vice President for Oceania and Southeast Asia, TotalEnergies, at the Peace Palace in Phnom Penh, on Wednesday. KT/Tep Sony A multinational energy company with a global presence in various energy sectors, Wednesday praised the Royal Government of Cambodia’s (RGC) efforts in reforming tax policies and promoting transparency […]

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Inspired Living & Working by Tor Properties

Inspired Living & Working by Tor Properties

Tor Properties is transforming real estate in Cyprus by creating exceptional projects in prime locations. With a focus on modern comfort and convenience, each project is designed to offer a contemporary lifestyle complemented by superior facilities. Through innovation and thoughtful planning, Tor Properties delivers both practicality and premium living and working, contributing to vibrant, well-connected communities. Shinko Residences: […]

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Hellenic Bank posts €383 million profit for 2024 — Eurobank merger imminent

Hellenic Bank posts €383 million profit for 2024 — Eurobank merger imminent

Hellenic Bank on Thursday reported a net profit of €383 million for the full year 2024, highlighting its strong financial performance and solid capital position. “2024 was a landmark year for Hellenic Bank in terms of financial performance and ownership structure,” said chief executive officer Michalis Louis. “The bank achieved strong financial performance in 2024 with a net profit of €383 million, up […]

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Famagusta tourism campaign exceeds expectations

Famagusta tourism campaign exceeds expectations

The Famagusta branch of the Cyprus Hoteliers Association (Pasyxe) together with the local tourism board (Etap), celebrated the successful conclusion of their online campaign ‘Live Unforgettable Moments’. The campaign, which ran from April until the end of October 2024, has been deemed as “a major success”, reaching over 4.5 million unique users and marking a significant first in […]

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Cyprus becomes EU’s fastest-growing startup hub in 2024 rankings

Cyprus becomes EU’s fastest-growing startup hub in 2024 rankings

Limassol named top startup city in Southern Europe Cyprus has leapt nine places in the 2024 StartupBlink Ecosystem Index, marking it as the fastest-growing startup ecosystem within the European Union, the Research and Innovation Foundation (RIF) has reported. According to the RIF, this jump showcases Cyprus’ rising prominence in this space, especially among countries with populations under 2 million, […]

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[Webinar] Unlocking Trade & Investment in ASEAN: Economic Priorities Under Malaysia’s 2025 Chairship

[Webinar] Unlocking Trade & Investment in ASEAN: Economic Priorities Under Malaysia’s 2025 Chairship

Time & Location Mar 04, 2025, 10:00 a.m. – 11:00 a.m. GMT+8 Webinar Event Details Introduction  In 2025, Malaysia assumes the ASEAN Chairmanship under the theme of “Inclusivity and Sustainability”, reflecting its vision for regional growth and equitable progress. Concurrently, Malaysia will also lead the ASEAN Business Advisory Council (ASEAN-BAC), the apex private sector organization […]

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Cambodia highlights need to preserve peace in ASEAN amid geopolitical tensions

Cambodia highlights need to preserve peace in ASEAN amid geopolitical tensions

Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn highlighted the significance of preserving the region’s peace, referencing the Myanmar case, amid rapid, unpredictable, and often perilous changes driven by escalating geopolitical tensions. “Over the past five decades, ASEAN has stood as a beacon of peace, stability, and prosperity,” he said. […]

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