AirAsia Cambodia’s inaugural flight graced the skies of Phnom Penh International Airport on April 20, bringing with it the promise of enhanced connectivity and a tourism boost for Cambodia. As noted by Prime Minister Hun Manet in a recent social media post, the aircraft, adorned with the iconic image of Angkor Wat and traditional Cambodian […]
PHNOM PENH, April 22, 2024 — In a boost to the healthcare sector, the Cambodian government has pledged to invest more than $170 million in strengthening the capacity of health centers throughout the nation. Prime Minister Hun Manet announced the substantial financial commitment during the inauguration of the new Japan-funded Centre of Surgical Service at […]
This spring season will bring a unique spectacle of local and Japanese cherry blossoms. The sight is so magnificent that a Japanese Cherry Blossom festival is organised for the first time in Cyprus, specifically at Sakura Park in Kambos. This Sunday, the Kambos Community Council, the Kambos-Tsakistra Development Cultural Association and the Embassy of Japan […]
A Cambodia-China cultural tourism exhibition is scheduled in the northern part of Bayon Temple in Cambodia’s famed Angkor Archaeological Park, said the Cambodian Ministry of Tourism in a statement released on Saturday. According to the statement, a joint martial arts show titled “When Shaolin Meets Bokator at Angkor Event” will be interspersed with the event […]
The Cyprus Securities and Exchange Commission (CySEC) has called for financial education to be included in the core curriculum in schools as it completed its rich and targeted activities program for this year’s Global Money Week 2024 (GMW 2024). The GMW campaign is an international initiative dedicated to enhancing financial literacy, especially among the youth. As pointed […]
Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. Cambodia implemented DTAs with Singapore, China, Thailand, Brunei, Vietnam, Indonesia, China’s Hong Kong Special Administrative Region, Malaysia and […]
PHNOM PENH, April 22, 2024 — On April 21, Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Cambodia, met with Wang Yi, a senior member of China’s Political Bureau and the Minister of Foreign Affairs, during his official visit to Cambodia. The discussions underscored the dynamic growth in […]
The Commonwealth and the Republic of Cyprus have taken a significant step forward by signing a three-year Memorandum of Understanding (MoU) for the establishment of a Commonwealth Blue Charter Centre of Excellence in Larnaca. This initiative aims to strengthen governance for a sustainable blue economy and support scientific research for ocean protection. Notably, under Cyprus’ […]
Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long period of disagreements”. He described it “as an important day for labour relations in the banking sector.” Panayiotou had submitted a mediation proposal which both Hellenic Bank […]
The Lamda Development group announced a new record high for 2023 on Wednesday. Its consolidated operating result (EBITDA) for 2023 showed profits of 206 million euros, a 69% increase compared to €122 million in 2022. The group’s total EBITDA before asset valuations and other adjustments amounted to a profit of €132 million in 2023, compared […]
The Cyprus Securities and Exchange Commission (CySEC) has called for financial education to be included in the core curriculum in schools as it completed its rich and targeted activities program for this year’s Global Money Week 2024 (GMW 2024). The GMW campaign is an international initiative dedicated to enhancing financial literacy, especially among the youth. As pointed […]
Anexartisias in Limassol will be converted into a one-way street according to the decision of the Municipal Council, as a temporary solution and until the proper conditions for it being opened only to pedestrians are created, something considered difficult amid conditions in Cyprus. Essentially, cars will enter from Pentadromos in the direction of the sea […]
Cyprus has, in the last two years, one of the largest increases in the share of Renewable Energy Sources (RES), among the EU member states, Energy Minister George Papanastasiou has said. He was speaking during the 14th Assembly of the International Renewable Energy Agency (IRENA) in Abu Dhabi on 18 April. In the framework of […]
According to the Bangladesh-based Daily Star, Siem Reap, a cultural province of Cambodia, has been classified among the five Budget-Friendly Summer Vacation Destinations in Asia. Located in Southeast Asia, Siem Reap is a gem with breathtaking temples, vibrant cafés, and serene canals, the Daily Star commented. One of the most amazing sights in the world, […]
Cambodia exported garment, footwear and travel goods worth 20 percent more than $2.9 billion in the first quarter, as per a report from the General Department of Customs and Excise. This compared to $2.4 billion in goods sold for the same period last year. Year-to-date (January-March) there was an increase of 23 percent in exports […]
Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period last year, according to data released by the General Department […]