Great surge in new cars in Cyprus

Great surge in new cars in Cyprus

Vehicle registrations in Cyprus increased by 45% in January-February 2024, according to the Statistical Service of Cyprus (CyStat) report “Registration of Motor Vehicles” for the year’s first two months. In February 2024 alone, total registrations of motor vehicles reached 4,346, marking an impressive increase of 55.5% compared to the same month in 2023, which recorded […]

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Chinese team looks to invest in Cambodia

Chinese team looks to invest in Cambodia

A group of visiting Chinese investors and businessmen from Shandong province, China, recently evinced interest in potential investment opportunities in Cambodia. The Chinese delegation, composed of representatives from dozens of Chinese firms, attended a meeting on March 8 in Phnom Penh on building cooperation and exchanged views regarding the development of an ‘Industrial Corridor’ and […]

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Cambodia attracts $1.3 billion in FDI inflows

Cambodia attracts $1.3 billion in FDI inflows

Cambodia attracted investment of $1.3 billion in the first two-month period of this year, according to the Council for the Development of Cambodia (CDC). China was the leader in foreign direct investment (FDI) to the Kingdom, accounting for about 39 percent of total investment capital, said Chea Vuhty, Secretary-General of CDC’s Cambodia Investment Board (CIB). […]

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DPM highlights Cambodia’s investment potential

DPM highlights Cambodia’s investment potential

Cambodia provides tremendous investment opportunities, especially in key sectors such as infrastructure and energy and its open Investment Law is an added attraction, said Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), to a delegation of the Vietnam Cambodia Business Association (VCBA), recently. The Deputy […]

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Commerce Minister encourages Australian business community and investors to increase business activities and further invest in Cambodia

Commerce Minister encourages Australian business community and investors to increase business activities and further invest in Cambodia

Cham Nimul, Minister of Commerce, met with Senator Hon Tim Ayres, Assistant Minister for Trade and Assistant Minister for Manufacturing of Australia, to discuss and strengthen friendship and bilateral economic and trade relations between Cambodia and Australia on March 5, 2024. The meeting was held on the occasion of accompanying Prime Minister Hun Manet to […]

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Neak Oknha Kith Meng invites Australian investors to explore diverse opportunities in Cambodia

Neak Oknha Kith Meng invites Australian investors to explore diverse opportunities in Cambodia

Neak Oknha Kith Meng, President of Cambodia Chamber of Commerce (CCC) and Chair of ASEAN Business Advisory Council Cambodia, encouraged and invited Australian companies to explore the diverse opportunities that Cambodian market presents and asked Australia to contribute their expertise to shared success as Cambodia offers as a gateway for Australian businesses seeking to diversify […]

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