‘I shed tears of joy with my coach, my wife, and my child‘ Cypriot dinghy sailor Pavlos Kontides won a silver medal at the Olympic Games on Wednesday, finishing second in the medal race in the French city of Marseille to secure overall second place behind Australian Matt Wearn. Wearn’s win in the medal race ensured […]
During a visit to local food processing enterprises yesterday, Minister of Industry, Science, Technology & Innovation Hem Vanndy emphasised the importance of maintaining high standards of quality, safety, hygiene, and innovation in the Cambodian food product sector, with the ultimate aim of gaining international recognition through exports. In a show of support for local businesses, […]
Prime Minister of Hun Manet, received a courtesy call from a delegation of the Japan External Trade Organisation (JETRO) led by Mio Kawada, Executive Vice President of the JETRO, at the Peace Palace yesterday. During the meeting, Kawada praised the Government of Cambodia’s efforts to improve the investment climate in Cambodia. Kawada informed the premier […]
The initial phase of the Nicosia Ring Road is slated to open to traffic on 8 August, following a delay of 16 months and 16 days. Lefteris Eleftheriou, Director of the Public Works Department, indicated that final works are still underway on the motorway and at the Tseriou junction to ensure user safety before the road’s handover. These […]
The number of passengers using Larnaca and Paphos airports in the first seven months of his year has increased by 4.42% on an annual basis, marking a record high. In a press release, the Ministry of Transport, Communications, and Works has announced a notable increase in passenger traffic at Larnaca and Paphos airports for July […]
The Transport Ministry on Tuesday reported a slight increase in passenger traffic at Cyprus’ Larnaca and Paphos airports for July 2024. However, the situation looks better when considering the entirety of the year leading up to July. Specifically, a total of 1,496,715 passengers passed through Cyprus’ two international airports during the month of July alone. […]
Plans to remodel Heroes’ square in Limassol were signed on Monday, with the historical area expected to boast its new €39 million (plus VAT) look in 18 months from the time works start in October. “We are handing over the area to pedestrians and placing emphasis on accessibility,” Limassol mayor Yiannis Armeftis told the Cyprus […]
The Central Bank of Cyprus (CBC) has made an upward revision to its GDP growth forecast for 2024, adjusting the projected growth rate to 3 per cent, an increase of 0.2 percentage points from its March 2024 forecast. This revision, published in the CBC’s Economic Bulletin for June 2024, reflects the bank’s assessment that the impact of the ongoing Middle East conflict […]
The Research and Innovation Foundation (RIF) on Tuesday announced a new €6 million funding programme aimed at fostering collaboration between businesses and research organisations across Cyprus. According to a RIF statement, the ‘Co-Develop’ call seeks to address critical needs in sectors such as information and communication technology (ICT), advanced materials, agri-food, health, and the environment. The foundation explained that the programme’s primary objective […]
The Cypriot economy continues to display remarkable growth and resilience in the face of a challenging global economic environment, Central Bank of Cyprus (CBC) governor Christodoulos Patsalides said on Monday. Patsalides’ comments were delivered in his introduction to the CBC’s economic bulletin for June 2024, where he highlighted the positive economic indicators that underscore Cyprus’ […]
While Ayia Napa is in peak season, brimming with tourists but also local visitors, a festival arrives to add a traditional spin. Far from the town’s party vibes, is a festival that is all about Cyprus traditions, local flavours and handicrafts. The 6th Ayia Napa Festival of Traditional Flavours, taking place on August 9, 10 […]
The Funan Techo Canal project is the symbol of national pride and progress, harkening back to the historical glory of the Khmer civilization during the Funan era. This era marked a golden age when Cambodia was the key commercial and cultural gateway of the Mekong region, facilitating trade and cultural exchanges that enriched the region […]
Cambodia Monday celebrated the commencement of the highly anticipated Funan Techo Canal project, a massive infrastructure initiative that will play an important role in transforming the country’s economic landscape. The historical day was marked with a groundbreaking ceremony, presided over by Prime Minister Hun Manet. Top government officials, business leaders and representatives from the local […]
Hem Vanndy, Minister of Industry, Science, Technology & Innovation MISTI), highlighted Cambodia’s socio-economic development and the burgeoning middle class as catalysts for the private sector’s expansion, at the LSH’s 25th anniversary celebration on Saturday. According to the Ministry, LSH is a major importer and distributor of food and non-food products in Cambodia. It has established […]
The groundbreaking ceremony of the much-awaited Funan Techo Canal (FTC) project is finally taking place, but not without its share of opposition emanating from known quarters. The Royal Government of Cambodia has adroitly addressed the criticism both technically as well as politically to defend FTC as inevitable axis to Cambodia’s march to progress on par […]
This weekend, Phnom Penh is hosting a trio of significant international trade expos at the Koh Pich Convention and Exhibition Centre. Nearly 100 companies from Cambodia, Thailand, and Malaysia are showcasing a diverse array of products at the Cambodia Architect & Décor 2024, Cambodia Health & Beauty Expo 2024, and Cambodia FoodPlus Expo 2024. Spanning […]