Synopsis: The influx of new carriers will expand the total number of airlines operating at SAI to 16. Siem Reap Angkor International Airport (SAI), the gateway to the wonderful Angkor Wat temples, is set to see more airlines operating international flight services by the end of 2025, a State Secretariat of Civil Aviation senior official […]
Cambodia has reported a total of 3.04 million air passengers in the first five months of 2025, a year-on-year rise of 18 percent, a spokesperson said on Tuesday. Sinn Chanserey Vutha, who is also a secretary of state for the State Secretariat of Civil Aviation, said international and domestic airlines had operated a total of […]
Cambodia’s culinary diplomacy efforts received international recognition last week as Bong Sovath, Under-Secretary of State at the Ministry of Foreign Affairs and International Cooperation (MFAIC), accepted the “Special Award of the Jury” for Taste of Angkor 2 at the 30th Gourmand Awards, held during the Cascais World Food Summit in Lisbon, Portugal, from June 18 […]
Bcentriqe.ai, headquartered in Santa Clara (Silicon Valley), California, United States, has announced its strategic expansion into Cyprus. According to an announcement by Invest Cyprus, the move “aims to empower youth and entrepreneurs with pioneering artificial intelligence solutions”. The agency also said that Bcentriqe.ai’s decision “underscores its commitment to educate and recruit young people and entrepreneurs in Cyprus around […]
AstroBank on Tuesday announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank. According to the announcement, the agreement involves the full transfer of its banking assets and obligations, including its personnel, to Alpha Bank Cyprus. The bank said that the “integration […]
Synopsis: Enhanced cooperation among public and private stakeholders would help SEZs evolve into key engines of sustainable and inclusive growth. The Council for the Development of Cambodia (CDC) and the International Finance Corporation (IFC) co-hosted a workshop to advance green investment initiatives in Special Economic Zones (SEZs), aiming to align industrial development with sustainable and […]
Synopsis: According to official data, trade between Cambodia and Korea in first five months reached over $362 million, up 11% compared to the same period last year. Minister of Commerce Cham Nimul Friday encouraged Korean investors to invest and do more business, especially in potential sectors such as modern agriculture, food processing industry, automotive, electronics, […]
French behemoth TotalEnergies is seriously exploring investment opportunities in the Kingdom’s oil, gas and renewable energy sectors, a statement issued by the Ministry of Mines and Energy on Monday said. This was revealed as Keo Rottanak, Minister of Mines and Energy, received Mehmet Celepoglu, TotalEnergies Deputy Director for Oceania and Southeast Asia region, at the […]
The rise of electric vehicles (EVs) is transforming the global automotive industry, driving an unprecedented demand for high-performance semiconductors. As ASEAN positions itself as a regional hub for EV production and battery manufacturing, it faces a strategic opportunity: integrating its expanding semiconductor capacity with the EV value chain to establish the region as a cornerstone […]
Synopsis: According to official data, trade between Cambodia and Korea in first five months reached over $362 million, up 11% compared to the same period last year. Minister of Commerce Cham Nimul Friday encouraged Korean investors to invest and do more business, especially in potential sectors such as modern agriculture, food processing industry, automotive, electronics, […]
Synopsis: Mr Hun Manet hoped that investors will continue to invest in the Kingdom and that those who have just come to seek investment opportunities can choose to invest and connect production chains between Cambodia and other countries across the world. Prime Minister Hun Manet Friday urged Chinese, local, and international investors, particularly new foreign […]
The Central Bank of Cyprus (CBC) has welcomed with particular satisfaction the announcement by the Council of Europe’s Moneyval Committee regarding the Enhanced Follow-up Report and Technical Compliance Re-Rating. The CBC said in a press release that the progress and upgrades achieved demonstrate that Cyprus continues to actively strengthen its legal and regulatory framework for combating […]
Logicom Public Ltd on Friday announced the approval of a dividend payment of 10 cents per share, representing 29.4 per cent of the nominal share value, following decisions taken at its annual general meeting (AGM) held on June 19 in Nicosia. The proposed record date for determining shareholders entitled to receive the dividend is July 3, 2025, […]
In a significant step towards enhancing bilateral ties between Penang and Cambodia, Cambodia Airways is set to launch a new direct flight service connecting Phnom Penh with Penang. The inaugural flight is scheduled to take off on June 26, 2025, offering twice-weekly services every Thursday and Sunday. This new route is expected to be a […]
Mr Hun Manet, Prime Minister of the Kingdom of Cambodia, received Dato’ Sri Tiong King Sing, Minister of Tourism, Arts, and Culture of Malaysia, this afternoon at the Peace Palace in Phnom Penh. On the occasion, Dato’ Sri Tiong King Sing expressed his appreciation for the strong relationship and cooperation between Malaysia and Cambodia, particularly […]
As of 2024, investment in Cambodia’s automotive sector reached approximately $746 million, while exports exceeded $1.1 billion, the majority of which came from tyre manufacturing. Sun Chanthol, first vice-president of the Council for the Development of Cambodia (CDC), highlighted this remarkable progress during a June 17 meeting of the Executive Committee overseeing the implementation of […]