On April 16, 2025, the third day of the traditional Khmer New Year, at least 1.5 million national and international tourists joined the fun at Wat Phnom and the riverside Walk Street area, according to Mr. Keut Chhe, Deputy Governor of Phnom Penh. All images: Fresh News
The governmental press office on Wednesday announced the official translation and unification of the Republic’s updated constitution into English. The publication will include “a comprehensive, consolidated text of the constitution” including its provisions since it came into operation in 1960 to its most recent 19th amendment, the new constitutional right to a safe, clean, healthy […]
Cambodia and China signed 37 cooperation documents on the evening of April 17, under the patronage of Cambodian Prime Minister Hun Manet and Chinese President Xi Jinping, who is on his second official state visit to the Kingdom. Cambodia Investment Review President Xi Jinping’s state visit results in wide-ranging deals on trade, infrastructure, and investment, […]
The investment and construction sectors in Preah Sihanouk Province are expected to see significant improvement following the approval of 287 investment projects, with a total estimated capital of nearly $7 billion. The projects have been granted special policy incentives by the Cambodian government, under the “Special Investment Promotion Program in Preah Sihanouk Province” framework. The […]
Prime Minister Hun Manet has highlighted the success of the Angkor Sankranta event, noting its achievement of three key objectives. Speaking at the opening ceremony of Angkor Sankranta 2025 on Monday afternoon in Siem Reap provincial city, Mr Hun Manet emphasised that the event has become a powerful symbol of unity, fostering patriotism by bringing […]
Trade between Cambodia and China exceeded $4 billion in the first quarter of 2025, marking a 26 percent rise from the same period last year, according to a recent report from Cambodia’s General Department of Customs and Excise (GDCE). GDCE data revealed that bilateral trade reached $4.06 billion, reflecting a 26.7 percent increase from $3.2 […]
In an era defined by rapid transformation and geopolitical complexity, Cyprus is stepping forward with clarity and purpose to reinforce its position on the global investment map, Invest Cyprus has underlined. In a relevant announcement, Invest Cyprus noted that, “From 3 to 9 April, President Nikos Christodoulides visited New York, Houston, and San Francisco, leading […]
In 2023, roughly two-thirds (67.4%) of all freight transported within the EU territory was by sea when considering the amount of goods and the travel distance (tonne-kilometres), Eurostat has reported, also noting that Cyprus took second place when it came to freight transported by sea. “For 15 out of the 22 EU countries with a coastline, maritime […]
A Cypriot proptech firm is giving the public a chance to buy in, launching its first-ever crowdfunding campaign to support its expansion. Ask Wire, which specialises in real estate data and analytics, is offering shares through the Crowdbase platform, with participation starting at €120. According to the announcement, it is one of the first local […]
Easter occupancy hits 75 per cent The outlook for Cyprus’ tourism sector appears slightly brighter this year, with early bookings for the first half of 2025 showing a better trend than the same period in 2024, according to president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides Speaking to the Cyprus News Agency (CNA), Michaelides said the flow of […]
Demetra Holdings on Thursday reported robust financial results for the year ending December 31, 2024, with net profit for the group reaching €132.46 million, corresponding to 66.23 cents per share. This marks a substantial increase from €86.23 million (43.12 cents per share) in 2023. The company attributed this performance largely to gains from its investment in Hellenic Bank […]
The Bank of Cyprus on Thursday announced a reduction in its reference lending rate by 0.25 percentage points, responding directly to the European Central Bank’s latest rate cut. As of April 23, 2025, the bank’s reference rate on loans linked to the ECB’s main interest rate will decrease from 2.65 per cent to 2.40 per cent. The bank confirmed that […]
Over 200 alien marine species have been recorded in the waters off Cyprus, fisheries department officer Katerina Georgiou said on Tuesday. Speaking to the Cyprus News Agency, she said the two species of fish which “stand out” among those found are the silver-cheeked toadfish and the lionfish. She spoke of the “challenges and prospects of […]
Cyprus and Cambodia may be worlds apart, but they’re finding common ground in a shared mission: to redefine travel, trade, and cultural exchange. As Cambodia emerges as one of Southeast Asia’s fastest-growing tourism and investment destinations, Cypriots are being invited to explore a land of ancient wonders, lush landscapes, and endless opportunities. In 2023 alone, […]
The Cyprus Hoteliers Association (Pasyxe) on Monday reported a strong increase in hotel bookings during the current period ahead of Easter, reflecting heightened demand across the island. Speaking to the Cyprus News Agency (CNA), Pasyxe director general Christos Angelides said there has been “increased activity in hotel bookings in recent weeks due to the coinciding of Orthodox, Catholic and […]
Cyprus’ average monthly salary reached “almost €2,500” last year, Labour Minister Yiannis Panayiotou said on Tuesday. He said the country’s average wage had hovered around €2,000 per month between 2010 and 2021, but that “over the last few years, there has been a clear upward trend”. He added that the same applies to the median […]