Cambodia is poised to gain significantly from the proposed Unified Asean Visa—a Schengen-style initiative designed to enable seamless travel across six Southeast Asian nations: Cambodia, Thailand, Vietnam, Laos, Malaysia, and Myanmar. This would be a game-changer for the tourism industry in the region, opening up new opportunities for international visitors to explore Southeast Asia without […]
Prime Minister Hun Manet Wednesday held a series of high-level meetings with top executives of leading Japanese companies and institutions, reaffirming Cambodia’s commitment to deepening economic cooperation and attracting quality investments from Japan. Mr Hun Manet held meaningful discussions with senior executives from key organizations including the Japan Bank for International Cooperation (JBIC), Minebea Mitsumi […]
Hellenic Bank announced on Thursday that its board of directors has approved adopting the name Eurobank Limited following completion of its legal merger with Eurobank Cyprus, subject to regulatory approvals. The Cyprus-based lender’s board reached the decision during a 27 May meeting, according to a company statement. The name change will take effect after the legal consolidation […]
Sun Chanthol, Deputy Prime Minister and first vice-president of the Council for the Development of Cambodia (CDC), has extolled the Kingdom’s attractive investment climate to a high-level delegation from Canada’s Ministry of International Trade. He spoke to the delegation – led by Sara Wilshaw, senior assistant deputy minister of International Trade and Canada’s Chief Trade […]
Cambodia and Canada have reaffirmed their commitment to strengthening economic cooperation, as senior officials from both countries met in Phnom Penh to explore new avenues for expanding trade and investment partnerships. The commitment was reaffirmed during a meeting between Minister of Commerce Cham Nimul and Sara Wilshaw, Canada’s Chief Trade Commissioner and Assistant Deputy Minister […]
Cambodian Prime Minister Hun Manet held separate meetings with Japanese investors, trade organisations, and economic research institutes during his official visit to Tokyo, Japan, from May 28 to 31. Demizu Shigemitsu, President of YACHIYO Engineering Co., Ltd., and his delegation informed Samdech Thipadei Hun Manet of their interest in expanding investment in wastewater treatment in […]
The Ministry of Public Works and Transport (MPWT) has begun gathering inputs to devise port zoning strategies as part of future port development projects in the Kingdom, Peng Ponea, Minister of Public Works and Transport, has said. This came as he spoke at a workshop organized by the MPWT in association with the Japanese International […]
Cyprus presented its case as a strategic investment hub during an event in London this week, aiming to attract British investors by showcasing sector-specific opportunities and the island’s role as a gateway to the wider region. Held in the heart of the City, the event, titled ‘Cyprus: a gateway for global investment and strategic cooperation’, […]
Cyprus is stepping up efforts to encourage mergers and acquisitions among small and medium-sized enterprises, aiming to unlock growth, competitiveness and innovation across key sectors. Speaking at a conference organised by the Cyprus Chamber of Commerce and Industry (Keve) in collaboration with Hellenic Bank, Finance Minister Makis Keravnos presented the government’s dedicated action plan, approved […]
More than 1,700 students across Cyprus have participated in financial literacy lectures delivered by the Cyprus Securities and Exchange Commission (CySEC), according to an official statement from the commission. The initiative, part of Global Money Week 2025, concluded its most recent series of lectures with strong engagement and widespread participation in both primary and secondary […]
Global air cargo demand rose by 5.8 per cent in April 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA). Capacity, measured in available cargo tonne-kilometres (ACTK), increased by 6.3 per cent year-on-year, slightly outpacing demand and, as a result, pushing the global cargo load […]
Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025. The Russell 3000® Index measures the performance of the largest 3,019 U.S. companies, representing approximately […]
Hellenic Bank will officially adopt the name Eurobank Limited following its legal consolidation with Eurobank Cyprus, according to a decision by the board of directors on May 27. The change will take effect after all necessary supervisory approvals have been secured. The newly consolidated entity, now part of the Eurobank Group, signals a new chapter for the […]
The Japan-Cambodia Association (JCA) has outlined three key action plans aimed at strengthening Japanese investment in Cambodia. During a courtesy meeting with Cambodian Prime Minister Hun Manet in Tokyo on May 28, JCA President TAKAHASHI Fumiaki presented the three priorities: promoting small and medium enterprises (SMEs) and vocational training, encouraging investment in Cambodia’s agro-processing sector, […]
Cambodia’s two listed state-owned ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), disclosed their net profits in the first quarter (Q1) of 2025, according to their financial reports on Wednesday. The PAS, the kingdom’s largest deep-water seaport, made a net profit of $2.62 million during the January-March period this year, down 68 […]
The district of Free Famagusta is experiencing a very good tourist season, which could even surpass last year’s, with occupancy rates already at very high levels and the month of May closing on a fairly good and positive note, even though the first two weeks were somewhat slow. In fact, Ayia Napa occupancy is currently […]