Tourist arrivals in Cyprus reached 3.73 million visitors in the first ten months of 2024, reflecting a 4.6 per cent increase compared to the same period in 2023. This also represents a modest 0.81 per cent rise compared to the record-breaking year of 2019, according to a report released on Monday by the Cyprus Statistical Service (Cystat). October […]
In the first ten months, the United States remained Cambodia’s number one export market, while Vietnam at number two, according to a data released by the General Department of Customs and Excise (GDCE). Cambodia’s exports to the US market reached $8.23 billion in the first ten months. This made the United States Cambodia’s number one […]
Authorities say that 99,279 people visited Kep to celebrate the Royal Water Festival – an increase of 7.02% (6,518 people) compared to 2023 and 134,622 tourists came to Kampot province – an increase of 59.82% compared to 2023. All images: Fresh News x
Authorities say that possibly a million people – including King Norodom Sihamoni and various dignitaries – peacefully enjoyed the celebrations of the last day of the Royal Water Festival in Phnom Penh yesterday. All images: Fresh News x
Revellers flocked to both sides of the Tonle Sap River in front of the Royal Palace to witness the thrilling boat races on the final day of the three-day Water Festival. Despite the scorching heat, many spectators shielded themselves with hats and umbrellas as excitement filled the air. Authorities reported that over 1 million people […]
In the cruise industry, there’s often a “bigger is better” mentality. In fact, this year, the Royal Caribbean launched the world’s largest cruise ship and announced that its next megaship of the same size would be setting sail next year. There’s no denying that megaships with upward of 7,000 passengers have a lot to offer, but there are tradeoffs […]
The European Commission expects growth in Cyprus to remain robust in 2025 and 2026, according to the Autumn 2024 Economic Forecast which was presented in Brussels on Friday. The Commission expects annual growth in Cyprus to be at 3.6 per cent for 2024, and growth to continue by 2.8 per cent and 2.5 per cent […]
Just 150 kilometers from Phnom Penh, Kampot offers a weekend getaway with French architecture, iconic landmarks, and a taste of Cambodian culture. Kampot is a province in southern Cambodia, located about 150 kilometers from Phnom Penh City and around 60 kilometers from Xa Xia Border Gate in Vietnam’s Kien Giang Province. Known for its old […]
Larnaca municipality on Friday planted 20 palm trees at Kastella Beach in Larnaca as part of an effort to make the area greener and more inviting. In a statement, the municipality announced that the trees were planted “to enhance the area’s greenery, upgrade the beaches and improve the quality of life for residents. This initiative […]
Minister of Commerce Cham Nimul expressed her confidence that a November 12 trade and investment forum will increase UK-Cambodia trade by boosting exports and attracting British direct investment. The “2nd UK-Cambodia Joint Trade and Investment Forum (JTIF)”, held with the theme “The Road to 2030”, was organised in Phnom Penh by the commerce ministry, in […]
❮❯ The Angkor Grace Wellness Resort, a new five-star resort located just minutes from the Angkor Wat Temple Complex, held its grand opening ceremony on November 11, 2024. Located in Siem Reap province, Cambodia’s premier tourist destination, the resort’s opening event was well-attended, with a wide array of distinguished guests, media representatives and the management […]
As part of its efforts to enhance the transportation sector and drive economic growth, the Cambodian government is rolling out plans for the development of eight major railway projects, with a projected total investment of over $10 billion. Experts and economists have highlighted how the expansion of the rail network will play a key role […]
Bilateral trade between Cambodia and Canada is expected to grow further from 2025, as the Canadian government plans to send a business mission to Cambodia next year to explore opportunities for enhancing trade cooperation with the Kingdom. In a meeting with Minister of Foreign Affairs and International Cooperation Sok Chenda Sophea at ministry headquarters on […]
Water Festival attracted a staggering 4.3 million domestic and international tourists during its first two days, according to Minister of Tourism Huot Hak. Speaking to National Television of Cambodia (TVK) on the morning of Saturday, November 16, Hak said that of the total, approximately 60,000 were international tourists. “In Phnom Penh alone, we have had […]
Nearly 350 investment projects were registered with the Council for the Development of Cambodia (CDC) in the first 10 months of 2024, showing an increase of more than 50% year-on-year. These projects are expected to create close to 300,000 jobs, according to the CDC. Sar Senera, deputy secretary-general of the CDC’s Cambodian Investment Board (CIB), […]
Cyprus recorded a record-breaking €3.2 billion in foreign direct investment (FDI) for 2023, according to Invest Cyprus, the agency tasked with driving investments to the island. This figure was reported during the organisation’s annual general meeting on November 14. The meeting took place at the premises of the Finance Ministry in Nicosia, where it unveiled and […]