Of $380 billion in international development financing committed to South-East Asia, only 7 percent or $27.1 billion, has been earmarked for Cambodia, as per the Lowy Institute Southeast Asia Aid Map. There is also a gap between what international partners promise and deliver. With international partners committing as much as $27.1 billion for 14,986 projects […]
Ministry of Commerce (MoC) Tuesday urged businessmen entrepreneurs, investors and traders to take part in foreign exhibitions to promote Khmer products, tourism, trade and investment which will be held in July and August in four countries. According to the different announcements released on June 24, the Ministry of Commerce asked traders, investors and the public […]
Cambodia and the U.S. will continue to promote their bilateral economic and investment cooperation by working together to improve investment environment to attract more American investors. The commitment was made during the meeting here this morning between Deputy Prime Minister H.E. Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), […]
The Ministry of Post and Telecommunications (MPTC) and the Ministry of Labour and Vocational Training (MLVT) signed a Memorandum of Understanding (MoU) recently to promote cooperation in the digital sector. Prior to the signing on Monday, Chea Vandeth, Minister of Post and Telecommunications, held bilateral discussions with Heng Sour, Minister of Labour and Vocational Training, […]
ALIX NORMAN discovers why something we do naturally on this island is the basis of language learning, and an important aspect of children’s books In Cyprus, everyone speaks at least two languages. Well, almost everyone… According to a recent study, 90 per cent of the island speaks two tongues – one of the highest percentages on the […]
The opening of a local office of the European Investment Bank (EIB) will bring significant benefits for Cyprus, the finance ministry said on Monday, adding that Minister Makis Keravnos has proposed that EIB staff be accommodated in the building of the ministry, until the bank secures a permanent office. The announcement comes after Keravnos met […]
The Cyprus Computer Society (CCS) is a scientific, professional, independent not-for-profit organisation, to develop, upgrade and promote the IT sector in Cyprus Skill Boosters caters to the diverse needs of children by integrating components like emotional intelligence and a growth mindset into each programme. With the global pandemic in 2020, digital transformation and the extensive […]
Bilateral trade between Cambodia and Thailand crossed $1.7 billion in the first five months, an increase of 1.73 percent compared to the same period last year, said a report of the General Department of Customs and Excise of the Ministry of Commerce. Cambodia exported to Thailand totalled $391 million, down 18.43 percent, while Cambodia imported […]
Three private-sector bond issuers have been selected to receive comprehensive support for their green, social and sustainability bond issuances in 2024 under the inaugural Cambodia Sustainable Bond Accelerator (CSBA) Program. A recent press release from the Securities and Exchange Regulator of Cambodia (SERC) has confirmed the three companies selected for 2024 issuances under the CSBA […]
Cambodia made a strong pitch at the ‘2024 China (Chongqing)-ASEAN Electric Power Equipment Manufacturing Industry Conference on Innovation and Cooperation’ held in Fuling District, Chongqing on June 18 by inviting investors from various countries to seize the opportunity to do business and invest in the Kingdom and work together to build and achieve better regional […]
Cambodia and Vietnam are on track to exceed $10 billion in trade by the end of 2024, said Vietnam’s Ambassador to Cambodia Nguyen Huy Tang. During the COVID-19 pandemic, two-way trade between the two countries was at $5.32 billion in 2020. But the figure went up to $9.53 billion and $10.57 billion in 2021 and […]
The construction of the $1.5 billion first phase of the Techo International Airport (TIA) has entered the final stage and is 78 percent complete as of June 16. The airport will be ready for commencing operations by February end of next year. The work progress of the TIA was shared yesterday by Pung Kheav Se, […]
Here are the top business stories in Cyprus from the week starting June 17: The Finance Ministry is contemplating a return to financial markets, aiming to capitalise on the Cypriot economy’s robust momentum highlighted by successive credit rating upgrades. Reports suggest the issuance of a ten-year bond is being considered, with specifics to be finalised […]
Women leaders are redefining what it means to steer enterprises successfully with compassion, ethics and respect By spotlighting the accomplishments of women in the sector and showcasing a variety of role models, media coverage can motivate young girls and women to pursue technology careers and believe in their potential In Cyprus, a remarkable transformation is […]
A delegation of eight German companies specialising in energy-saving solutions for buildings is visiting Cyprus from July 1 to 4, 2024. The initiative, led by the German Federal Ministry for Economic Affairs and Climate Action (BMWK), aims to foster collaboration with Cypriot businesses in energy efficiency upgrades. The German companies offer solutions for various sectors, […]
The Paphos Regional Tourism Board (Etap) hosted on Monday partners of the SMARTIES for SMEs project, in a move that seeks to bolster the competitiveness and resilience of small and medium-sized enterprises (SMEs) in the tourism sector. The initiative, underpinned entirely by European Union funding, seeks to distribute €375,000 among 15 SMEs to foster their […]