The UN’s preliminary evaluation for the 2024 triennial review has given Cambodia a positive tick for its 2027 graduation from the status of Least Developed Country (LDC) with a Gross National Income (GNI) per capita score of $1,546 which is above the threshold of $1,306 or above. Cambodia also achieved a good score of 77.7 […]
On March 25, 2024, Sok Soken, Minister of Tourism, received a delegation from the Future Light Organization, led by YIT Virasy, Executive Director of the Future Light Organization, to discuss the possibility of cooperation and partnership in promoting Cambodian tourism in the Japanese market. The Ministry of Tourism and the Future Light Organization expressed their […]
Cambodia will strive to strengthen and expand tourism promotion to China, India, and Australia and promote the implementation of the Memorandum of Understanding between Cambodia and the Maldives to attract more tourists to Cambodia. This was presented at the first meeting of the National Committee for Tourism Development for the Royal Government of the 7th […]
Before the UK left the EU, private schools around the island prepared their students to study there. But they now have to look further afield The number of EU students enrolling in British universities has more than halved since its withdrawal from the European Union in 2016, with noticeable declines from Italy, Germany and France. […]
Holidaymakers in Cyprus are increasingly turning to travel agents for their vacation needs, according to the chairman of the Association of Cyprus Travel Agents (Acta) Charis Papacharalambous. Speaking to state broadcaster CyBC on Thursday, Papacharalambous, whose association turns 70 this year, said the higher number of bookings at travel agents is evident, particularly the ones […]
![President helps CBC to promote financial literacy [video]](https://cyprusconsulatecambodia.com/wp-content/uploads/2024/03/i7.jpg)
In line with the annual global awareness campaign, Global Money Week 2024, coordinated by the Central Bank of Cyprus (CBC), the CBC has taken the initiative to create educational videos aimed at raising awareness and promoting financial literacy, especially among the youth. According to an announcement released by the CBC on Friday, these videos were prepared with the contribution of President […]
The main body of the Vasilikos LNG project could be completed by the end of 2024 or early in 2025, as long as various parties can truly work together with each other, the Ambassador of China to Cyprus, Liu Yantao, has said. “The Vasilikos project is a bit complicated. Now it has come back on […]
China’s Ambassador to Cyprus Liu Yantao said the China-Cyprus trade volume was close to $1 billion last year, with Cyprus’ exports to China increasing by 11.4% year-on-year, as he stressed his country’s relationship with Cyprus has bright prospects and increasingly expanding areas of cooperation. Asked about the two countries’ bilateral relationship during a recent media workshop […]
The Index of sale of Motor Vehicles spiked by 30% in 2023, pushed upwards mainly by price hikes in used cars. According to data released by CySTAT the index in the economic activity of sale of motor vehicles in the last quarter of 2023 amounted to 193.3 units, marking an annual increase of 42%, whereas the […]
A senior official from the Hong Kong Trade Development Council (HKTDC) has committed to encouraging investors and businesspeople to consider investing in Cambodia’s technology and food-processing industries. The pledge was made during a meeting between Ministry of Commerce secretary of state Sok Sopheak and Patrick Lau, deputy executive director of the HKTDC, in Hong Kong […]
Kep provincial governor Som Piseth has announced that the construction of the Koh Tonsay Tourism Port is about 90 per cent complete, a project he said would transform the province’s islands into modern and desirable tourist destinations. While inspecting the progress of the port on March 19, he described it as an “historic accomplishment” for […]
A sustainable destination is one that respects its visitors, but at the same time respects its own resources, natural and human, said on Thursday Cyprus’ Deputy Minister of Tourism Kostas Koumis, during the annual tourism conference of the Association of Cyprus Tourist Enterprises (ACTE), held in Nicosia. Speaking at a round table discussion regarding the […]
Kition Ocean Holdings recently held its annual “Kition Volunteer Blood Donation Day” at its facilities located at the Larnaca Port Passenger Terminal. This event marked the second consecutive year of successful blood donation efforts by the company. According to an announcement by the company, the event ran under the theme of “Share The Gift Of Life”. […]
The Bank of Cyprus (BoC) on Wednesday announced that it has obtained approval from the European Central Bank (ECB) to pay a cash dividend and to conduct a share buyback programme, noting that this reflects the group’s strong financial performance and strategic progress. ‘Our ongoing commitment to delivering sustainable value to shareholders is demonstrated by our […]
A regular visitor from Sweden has been honoured with the title of ‘Tourism Ambassador of Ayia Napa’, in recognition of his 25th visit to the popular Cypriot resort town. According to a statement released on Wednesday by the Municipality of Ayia Napa, the honoree is Nils Ove Hallin, who has spent his holidays in Ayia Napa for the past 25 […]
The Commissioner for State Aid Control Stella Michaelides on Wedneday published her decision on a scheme for Small and Medium Size Enterprises (SMEs), titled “Circular Economy Project in Small and Medium Enterprises (SMEs)”, according to which the total amount for aid granted has been set at €400,000. At the same time, the plan sets €30,000 as the minimum investment […]