Limassol and Larnaca to let off ‘silent fireworks’ for New Years

Limassol and Larnaca to let off ‘silent fireworks’ for New Years

Limassol and Larnaca municipalities on Monday announced they would let off “silent fireworks” as part of their new year celebrations. “For the first time, Limassol municipality will bring the magic of silent fireworks to the city. This innovative option offers impressive visual effects without the noise pollution of traditional fireworks,” Limassol’s municipality said, adding it […]

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Cambodia’s banking financial institutions record 2.2 pct credit growth in first 10 months of 2024

Cambodia’s banking financial institutions record 2.2 pct credit growth in first 10 months of 2024

According to a news release from the National Bank of Cambodia (NBC) on Wednesday, Cambodia’s banking and financial institutions reported slow growth in lending during the first 10 months of 2024. Outstanding loans increased by 2.2 percent year-on-year to $60.9 billion by October this year, the news release said. It added that the growth was […]

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Sihanoukville Port surpasses 1M TEUs: on track 2.6M by 2030

Sihanoukville Port surpasses 1M TEUs: on track 2.6M by 2030

In a landmark achievement for Cambodia’s maritime industry, the Sihanoukville Autonomous Port (PAS) has officially surpassed the 1 million TEU (Twenty-foot Equivalent Units) milestone in annual container throughput.  This accomplishment, marked by a 29% year-on-year increase, signals the growing importance of Cambodia’s sole deep-sea port as a key player in regional and global trade. Prime […]

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