During the 7th mandate, the government conducted busy and active foreign affairs to strengthen relationships with friendly countries and attract new investment to the Kingdom. In a press conference on the one-year achievement of the 7th mandate held at the Office of the Council of Ministers on Monday, Jean-François Tan, Minister attached to the Prime […]
Cambodia launched a payment system on Monday to enable tourists to pay at 3.3 million retail shops across Cambodia. Speaking at the launching ceremony in the northwestern province of Siem Reap, Chea Serey, Governor of the National Bank of Cambodia, said the app will facilitate international tourists’ payments, contributing to boosting the tourism sector. The […]
A total of 6.6 million passengers traveled through Cyprus’ airports from January to July this year while according to Hermes Airports, passenger traffic in August is expected to surpass 1.5 million people. According to information reported by the Cyprus News Agency (CNA), sourced from Hermes Airports, in June 2023, a total of 1.3 million passengers […]
The Frederick Research Center, in collaboration with the Cyprus Energy Regulatory Authority (CERA) and Electi Consulting Ltd, is developing an online platform for managing green energy usage at ports. According to a statement released by Frederick University on Monday, this initiative is part of the funded ‘Peer-to-Peer Green Energy Sharing Platform for Cold Ironing’ national […]
The Bank of Cyprus on Monday announced that it will hold an extraordinary general meeting (EGM) on September 13 to approve its listing on the Athens Stock Exchange (ASE) and to confirm its intention to delist from the London Stock Exchange (LSE). This was first revealed on August 8, when the bank released its financial results for […]
Cooperative banks are set to make a comeback, with regional meetings to inform the public scheduled for October, during which people will be able to sign up. Learning from the disastrous past, which saw the collapse of the co-op banking movement with €7.5 billion in non-performing loans in 2018, the new cooperative will not make […]
A total of 6.6 million passengers travelled through Cyprus’ airports between January and July this year, according to airport operator Hermes Airports. In addition, the company said that it expects the figures for August to exceed 1.5 million passengers, similar to the levels recorded in 2023. According to the Hermes Airport’s latest report, in June […]
A Cambodian bodybuilding coach Amy S Ham, became the first Cambodian woman to receive a gold medal and trophy from the President of the World Bodybuilding and Physique Sports Federation, Datuk Paul Chua. The news was shared by the President of the Cambodian Bodybuilding and Fitness Federation (CBFF), Tek Bunvy, on Thursday. He added that […]
The Petroleum Institute of Thailand has renewed its call that Cambodia and Thailand resume talks on joint development for oil and gas in the Overlapping Claims Area (OCA) as there was no progress on talks despite positive signals at the prime ministerial level early this year. The 26,000-sq km OCA in the Gulf of Thailand, […]
Cyprus, an enchanting island located in the heart of the Mediterranean, is a land of fascinating contrasts and rich history. Known as the ‘Island of Aphrodite’, it offers sun-kissed beaches, ancient ruins, and vibrant culture, Cyprus offers a unique blend of natural beauty and modern sophistication. From the pristine beaches of Ayia Napa and Protaras […]
Cambodia has become the world’s second-largest producer of raw cashew nuts, with a total production of 830,000 tonnes in the last seven months of 2024, according to the report of the Cashew Nut Association of Cambodia (CAC). CAC said, there has been a significant increase in cashew exports to Vietnam, amounting to over 780,000 tonnes […]
The Cyprus Olympic team performed flawlessly on all levels, beyond just their competitive presence at the Paris Games, head of the mission and Vice President of the Cyprus Olympic Committee Yiotis Ioannides said on Sunday. In terms of competition, the highlight was Pavlos Kontides winning the silver medal, he said, adding that “in most other […]
One reason that tourists across the globe throng to Cambodia is Angkor Wat. While that remains indisputable, there are a host of other breathtaking spots across the Kingdom that remained relatively unexploited for various reasons. It has a plethora of offerings – from the mystic mountains to rivers, sea beaches, historical sites, natural landscapes, waterfalls, […]
Sihanoukville Autonomous Port (PAS), Cambodia’s largest port, has reported a significant increase of about 25% in revenue in the first six months of this year. According to its second Quarterly Report 2024, PAS generated approximately $52 million in revenue during the first half of this year, an increase of over $10 million compared to the […]
Here are the top business stories in Cyprus from the week starting August 12: A recent study by Freedom24 has shed light on the investment preferences of Cypriots, revealing a strong inclination towards real estate and stocks, with a notable portion of the population refraining from using any investment instruments at all. The survey, which […]
The assets of investment organisations in Cyprus increased by 0.9 per cent during the second quarter of 2024, according to a report released on Friday by the Central Bank of Cyprus (CBC). The central bank’s report showed that the total assets of investment organisations reached €6.85 billion by June 2024, up from €6.79 billion in […]