A delegation of Japanese companies led by the Japan External Trade Organization (JETRO) has sought investment opportunities in Cambodia, particularly in green industries. The delegation mentioned this during a meeting with Prime Minister Hun Manet on Tuesday in Phnom Penh. JETRO’s Executive Vice President Mio Kawada said that the delegation comprised representatives from 19 Japanese […]
The Council for Development of Cambodia (CDC) has greenlighted 44 new investment projects worth $396 million in July 2024. These projects are expected to generate approximately 25,000 jobs for the local workforce, stated a CDC report issued on Wednesday. China remains the top investor in Cambodia, accounting for 68 percent of the total investment capital, […]
Cambodia’s Ministry of Labour and Vocational Training (MLVT) renewed its association with the American Center for International Labor Solidarity (ACILS) by signing a Memorandum of Understanding (MoU) on Tuesday. The MoU signed between Heng Sour, Minister of Labour and Vocational Training and William Conklin, Country Director of the American Center for International Labor Solidarity (ACILS) […]
Kao Thach, Delegate of the Royal Government In Charge as the CEO of Agricultural and Rural Development Bank (ARDB) urged cashew farmers to join the Cashew Nut Association of Cambodia (CAC) and other farming communities to learn production development, strengthen quality and have the power to sell their products. On Tuesday, Thach led his colleagues […]
The Paphos Regional Tourism Board (Etap) this week announced the conclusion of its latest campaign aimed at attracting domestic tourists. The board said that this initiative, which has received support from the Deputy Ministry of Tourism, encompassed the entire Paphos district. In addition, it featured an organised and intensive social media campaign, particularly on Facebook […]
The Cyprus Chamber of Commerce and Industry (Keve) this week announced the launch of the Shorewinner project. This initiative, Keve explained, is aligned with the European Green Deal, and seeks to enhance skills and promote growth in the wind energy sector. According to the announcement, the project supports the EU’s ambitious targets of achieving 60 GW of wind power and […]
Fifty palm trees have been planted along the Mackenzie seafront promenade as part of a long-term programme aimed at enriching green areas around the district, Larnaca’s tourism development company Etap said on Tuesday. In addition, it said since the beginning of the year it has also planted over 200 palm trees in Oroklini and restored three fountains […]
‘I shed tears of joy with my coach, my wife, and my child‘ Cypriot dinghy sailor Pavlos Kontides won a silver medal at the Olympic Games on Wednesday, finishing second in the medal race in the French city of Marseille to secure overall second place behind Australian Matt Wearn. Wearn’s win in the medal race ensured […]
During a visit to local food processing enterprises yesterday, Minister of Industry, Science, Technology & Innovation Hem Vanndy emphasised the importance of maintaining high standards of quality, safety, hygiene, and innovation in the Cambodian food product sector, with the ultimate aim of gaining international recognition through exports. In a show of support for local businesses, […]
Prime Minister of Hun Manet, received a courtesy call from a delegation of the Japan External Trade Organisation (JETRO) led by Mio Kawada, Executive Vice President of the JETRO, at the Peace Palace yesterday. During the meeting, Kawada praised the Government of Cambodia’s efforts to improve the investment climate in Cambodia. Kawada informed the premier […]
The initial phase of the Nicosia Ring Road is slated to open to traffic on 8 August, following a delay of 16 months and 16 days. Lefteris Eleftheriou, Director of the Public Works Department, indicated that final works are still underway on the motorway and at the Tseriou junction to ensure user safety before the road’s handover. These […]
The number of passengers using Larnaca and Paphos airports in the first seven months of his year has increased by 4.42% on an annual basis, marking a record high. In a press release, the Ministry of Transport, Communications, and Works has announced a notable increase in passenger traffic at Larnaca and Paphos airports for July […]
The Transport Ministry on Tuesday reported a slight increase in passenger traffic at Cyprus’ Larnaca and Paphos airports for July 2024. However, the situation looks better when considering the entirety of the year leading up to July. Specifically, a total of 1,496,715 passengers passed through Cyprus’ two international airports during the month of July alone. […]
Plans to remodel Heroes’ square in Limassol were signed on Monday, with the historical area expected to boast its new €39 million (plus VAT) look in 18 months from the time works start in October. “We are handing over the area to pedestrians and placing emphasis on accessibility,” Limassol mayor Yiannis Armeftis told the Cyprus […]
The Central Bank of Cyprus (CBC) has made an upward revision to its GDP growth forecast for 2024, adjusting the projected growth rate to 3 per cent, an increase of 0.2 percentage points from its March 2024 forecast. This revision, published in the CBC’s Economic Bulletin for June 2024, reflects the bank’s assessment that the impact of the ongoing Middle East conflict […]
The Research and Innovation Foundation (RIF) on Tuesday announced a new €6 million funding programme aimed at fostering collaboration between businesses and research organisations across Cyprus. According to a RIF statement, the ‘Co-Develop’ call seeks to address critical needs in sectors such as information and communication technology (ICT), advanced materials, agri-food, health, and the environment. The foundation explained that the programme’s primary objective […]