BRUSSELS – The European Commission remains “fully committed” to reaching a trade deal with the United States amid tariff twists, according to a senior European Union (EU) official. In a Monday post on social media platform X, European Commissioner for Trade and Economic Security Maros Sefcovic wrote: “The European Commission remains fully committed to constructive and […]
The CEO of a publicly-listed Malaysian company has expressed an interest in exploring further investment opportunities in Cambodia in the fields of technology and logistics. He met with Prime Minister Hun Manet to discuss the matter in Kuala Lumpur, Malaysia on May 27, following the 46th ASEAN Summit and related summits. “MMAG Holdings Berhad is […]
ASEAN released an April 10 joint statement seekinga common dialogue with the US under the ASEAN-US Trade and Investment Framework Agreement (TIFA), an agreement which by which all ASEAN members states accept a joint track to negotiate with the US. The statement indicated a strong interest in maintaining a rules and market-based trading system in […]
A breakfast meeting held on Monday at the Grand Millennium Kuala Lumpur brought together prominent leaders from the Malaysian and Cambodian business communities. The event focused on exploring opportunities and strengthening economic ties between the two nations. The meeting was honoured by the presence of Cham Nimul, Minister of Commerce, along with a delegation from […]
President of the House of Representatives Annita Demetriou praised the Cyprus Shipping Chamber for its long-standing contribution to the country’s development as a globally recognised maritime hub. Addressing the 36th Annual General Meeting of the Cyprus Shipping Chamber, she acknowledged the Chamber’s vital role in shaping Cyprus’ competitive, resilient, and innovative shipping sector over the […]
Kornos is undergoing a major transformation, with two flagship projects worth over €20 million already launched or heading for implementation, according to Lefkara mayor Sofoklis Sofokleous. “The municipal district of Kornos is expected to change radically in the next two to three years,” Sofokleous told Philenews. “Every announcement must be on track and implementable, and this […]
President Nikos Christodoulides opened the 36th Annual General Meeting of the Cyprus Shipping Chamber by highlighting the profoundly important and catalytic role of shipping in Cyprus’ economy. He emphasised that the sector significantly contributes to the country’s economic development and sustainability. He expressed his commitment to maintaining this positive momentum and wished for continued, long-lasting […]
Limassol’s pioneering office hub brings a next-generation VR experience to commercial real estate, showcasing the premier choice for workplace innovation, sustainability and convenience Tor Properties has unveiled a brand-new, state-of-the-art Virtual Reality experience for The Triangle, offering an immersive walkthrough of Limassol’s most forward-thinking new business centre. This next-generation experience gives prospective tenants and partners […]
Cyprus recorded its highest-ever number of tourist arrivals for the January–April period, which the government described as ‘historic’, reinforcing efforts to establish the island as a year-round destination. Speaking at a media briefing at the presidential palace on Tuesday, government spokesperson Konstantinos Letymbiotis said the latest figures from the Statistical Service confirm the strong trajectory […]
NS25 Written By Jim Liu Published at 1600GMT 26MAY25 Air Cambodia last week launched new service to Thailand, which saw the inaugural of Sihanoukville – Bangkok Suvarnabhumi route on 22MAY25. The airline serves this route twice weekly with Airbus A320 aircraft, although selected dates will see A321 operating. K6726 KOS1220 – 1335BKK 320 47K6727 BKK1020 – […]
Hun Sen, President of the Cambodian Senate, has congratulated President of Timor-Leste José Manuel Ramos-Horta and Prime Minister Kay Rala Xanana Gusmão on the country’s accession to ASEAN in October this year. “On behalf of the Senate of Cambodia and my behalf, I would like to convey my warmest congratulations to your Excellency, the Government, […]
Cambodia and Thailand have reaffirmed their commitment to strengthening economic ties, setting an ambitious bilateral trade target of $15 billion by 2027, according to a press release issued by the Kingdom’s Ministry of Foreign Affairs and International Cooperation (MFAIC) on Sunday. The announcement followed a bilateral meeting between Prak Sokhonn, Deputy Prime Minister and Minister […]
President Nikos Christodoulides has inaugurated Cyprus’ Business Support Center (BSC) – a one-stop-shop for both Cypriot and foreign investors seeking to establish or expand their business activities in Cyprus. The launch of the BSC marks a significant milestone in the government’s efforts to cut red tape, streamline services, and attract strategic investment. The new Business […]
The Cyprus Chamber of Commerce and Industry (Keve) has welcomed the launch of the new Business Support Center, describing it as a long-standing demand finally addressed, and a much-needed tool to reduce red tape, support investment and restore confidence in Cyprus as a business destination. In a statement posted on X, social media platform, the […]
ASEAN leaders yesterday called for a united response to the unilateral US tariffs, emphasizing unity and resilience amid global economic challenges. Presiding over the 46th ASEAN Summit themed ‘Inclusivity and Sustainability’ in Kuala Lumpur, Prime Minister of Malaysia Anwar Ibrahim, also Chair of ASEAN 2025, stressed the need to address economic challenges jointly in the […]
Limassol will host the European Maritime Day (EMD) on May 21 and 22, 2026, as Cyprus takes the helm of the EU presidency, welcoming the continent’s maritime community to the island’s for two days of dialogue, networking, and action on the future of Europe’s blue economy. The handover ceremony took place on Friday in Cork, […]