Cambodia’s banking and financial institutions reported a slow credit growth in the first half of 2025, mainly due to sluggish recovery of construction and real estate, the central bank said in a report on Monday. Outstanding loans rose 2.9 percent year-on-year to $61.8 billion by June 2025, while customers’ deposits increased 14.5 percent to $61.5 […]
PHNOM PENH — Before completing his tenure as ambassador to Cambodia, Jacques Pellet spoke with Cambodianess’ Ky Soklim, reflecting on a range of accomplishments spanning education, health, and cultural heritage. At the same time, he expressed continued support for peaceful dialogue and welcomed the effective ceasefire between Cambodia and Thailand amid ongoing border tensions. Ky […]
How IDEA has helped build 100 startups, empowered over 260 entrepreneurs and shaped Cyprus’ growing innovation ecosystem IDEA Innovation Center, Cyprus’ largest non-profit incubator – accelerator, is celebrating 10 years of nurturing local entrepreneurship and fostering an innovation-driven economy. Founded in 2015 by the Bank of Cyprus and other strategic partners, IDEA operates as a […]
The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced that it will be participating Eastern Mediterranean Conference & Exhibition (EMC) 2025 as an official partner. The event, set to take place in Cyprus from October 20 to October 21, 2025, is the largest of its kind organised in the Eastern Mediterranean region with […]
The Cyprus Investment Funds Association (CIFA) on Tuesday issued a statement welcoming the latest data published by the Cyprus Securities and Exchange Commission (CySEC), which reflect the sustained momentum of Cyprus’ investment fund sector during the first quarter of 2025. According to the Q1 2025 Quarterly Statistical Bulletin, Cyprus had a total of 322 Management Companies […]
Redefining how fast, flexible and human – centred digital ecosystems are built At SPORTSOFT, speed isn’t just a nice-to-have. It’s a necessity. In just a few years, the Cyprus-based tech company has grown into a strategic partner for organisations navigating the sharp demands of digital transformation. Led by CEO Liudmila Marochkina, SPORTSOFT helps clients move […]
Bank sees €509 million in revenue in first half of 2025 The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half of 2025, the bank posted a net profit of €235m, reflecting a 13 per cent […]
Burned out, alone, and done pretending.Then she created Soula It’s not every day you meet someone blending neuroscience, AI, and empathy into a tool designed to change women’s lives, not just their routines. That’s the calm, unrelenting energy Natallia Miranchuk brings to Soula.As founder and CEO, she took her own journey through infertility, postpartum depression, […]
Cyprus-flagged MV CYMONA OCEAN, a new Kamsarmax bulk carrier built by Japan’s Oshima Shipbuilding, has been delivered to the fleet of shipowner Nicolas Hadjioannou and will be managed by Athens-based Alassia NewShips Management Inc. The 82,000 DWT vessel, registered in Limassol, is powered by a MAN B&W 5S60ME-C10.5-EGRBP main engine and classed by a member of the […]
Revenue from taxes and social contributions climbs, but spending also accelerates Cyprus recorded a general government budget surplus of €557.6 million (1.6 per cent of GDP) in the period from January to June 2025, according to preliminary figures released by the state statistical service on Monday. This marked a slight increase from the €550.7m (also 1.6 per cent of […]
Local businesses embrace AI but face skills gap challenges Cyprus is steadily emerging as a regional player in digital innovation, technology adoption and artificial intelligence, transforming itself into a competitive hub in the Eastern Mediterranean. At the core of this evolution is a growing recognition among policymakers, business lead ers and technologists that the digital […]
Greece’s four systemic banks have posted strong profitability in the second quarter, with projections indicating that total earnings could reach €4.7 billion by the end of 2025. According to Greek news outlet Newmoney, the robust performance is largely driven by sustained credit activity, with full-year estimates for net credit expansion projected at €13 billion or […]
ABA Bank, Cambodia’s largest commercial bank, has been named Best Bank in Cambodia by the international Euromoney magazine for the twelfth consecutive year. This prestigious award recognises the Bank’s continued excellence and leadership in both physical and digital banking, reinforcing its role as a benchmark in the Cambodian and regional financial landscape. Digital innovation driving […]
Synopsis: The proposed plant will focus on producing high-quality, safe, and sustainable vehicles for both domestic and regional markets. Cambodia has been selected as the only country in ASEAN to be granted exclusive rights by General Motors (GM) to assemble Chevrolet vehicles, marking a major milestone in the Kingdom’s automotive industry. The announcement was made […]
Cyprus’ real estate market remains resilient and in high demand, with a strong start to 2025 confirming last year’s momentum, according to Cyprus Real Estate Agents Registration Council president Marinos Kyneyirou. In a statement released on Monday, Kineyirou said that demand remains high from both local buyers and foreigners, particularly from third countries such as […]
TUI BLUE Angkor Grace, a new five-star resort located just minutes from the iconic Angkor Wat Temple complex, officially opened its doors on July 30, setting a new benchmark for wellness-focused luxury in Cambodia’s premier tourist destination. The grand opening ceremony brought together high-ranking government officials, global travel industry leaders, media representatives and distinguished guests, […]