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 […]
The National Authority for Preah Vihear (NAPV) reported that in the first two months of 2024, over 30,000 tourists visited the Preah Vihear and Koh Ker temples. According to NAPV director-general Kong Puthika, from January to February, 33,964 tourists visited the temples. Of these, Preah Vihear temple welcomed 14,576 visitors, comprising 11,367 Cambodian and 3,209 […]
By Yiannis Kourtoglou and Stamos Prousalis LARNACA, Cyprus, March 9 (Reuters) – Charity workers loaded relief supplies bound for Gaza on to a barge in Cyprus on Saturday as part of an international effort to launch a maritime corridor to a Palestinian population on the brink of famine. The European Commission had said a maritime aid corridor […]
The fourth quarter of 2023 witnessed a notable surge in Cyprus’ overall employment, recording a 1.1 per cent increase compared to the same period in 2022. According to data released this week by the Cyprus Statistical Service (Cystat), real working hours also experienced a growth of 1.5 per cent. During Q4 2023, the total number of […]
Cambodia on Saturday called for a wider economic integration among ASEAN countries at the 30th ASEAN Economic Ministers’ Retreat (30th AEM Retreat) held in Luang Prabang, Lao PDR. Cham Nimul, Minister of Commerce (MoC) and ASEAN Economic Minister for Cambodia led a delegation to participate in the 30th ASEAN Economic Ministers’ Retreat (30th AEM Retreat) […]
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 […]
The Ministry of Commerce plans to launch its public telephone system, designated with the number “1266,” on Monday, March 11, 2024, in order to improve accessibility and transparency. This initiative aims to cater to the needs of the business community and the general public, offering assistance on a myriad of matters including general information, business […]
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). […]
Really Cool Airlines of Thailand and AirAsia Cambodia are to add to Southeast Asia routes operating from the Macau International Airport. In a recent statement, the company responsible for operating MIA indicated that Really Cool Airlines of Thailand will start operating routes between Thailand and Macau, while AirAsia Cambodia has confirmed operating a Phnom Penh-Macau […]
In the first two months of 2024, Cambodia exported 90,153 tonnes of milled rice through 40 rice exporters to 50 destinations. This is according to the press release of the Cambodian Rice Federation, which was received by local news on March 9. The 50 destinations include 22 EU countries, 51,333 metric tonnes of milled rice […]
Following a bilateral meeting between Indonesian President Joko Widodo and Cambodian Prime Minister Hun Manet on the side-lines of the ASEAN-Australia Special Summit two days ago, the Indonesian Ambassador to the Kingdom of Cambodia, Santo Darmosumarto, paid a working visit to Prey Veng Province. As previously reported in various news outlet, President Jokowi and Prime […]
Focus Consortium in collaboration with the State Secretariat for Civil Aviation (SSCA) has launched a feasibility study on the proposed Mondulkiri airport and the development of satellite cities in the province. The firm was authorized to conduct the projects in January. SSCA has been cooperating with the Focus Consortium to develop the projects in accordance […]
Cambodia has recorded a significant rise in the number of Chinese tourists to its famed Angkor Archaeological Park in the first two months of 2024, according to the state-owned Angkor Enterprise’s report on Thursday. The report said 16,074 Chinese holidaymakers visited the Angkor during the first two months this year, up 140 percent from 6,690 […]
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 […]
Cyprus will participate in the €19-billion project of electricity interconnection linking Cyprus, Greece and Israel, called “Great Sea Interconnector,” provided the conditions set out by the Cabinet are met, Finance Minister Makis Keravnos has said. Keravnos’ comments on 7 March came following the call by the Greek Independent Power Transmission Operator (IPTO) for Cyprus to […]
Eurobank Cyprus on Friday released its financial results for the year 2023, posting an after-tax profit of €199.4 million, reflecting a significant increase of 111 per cent over the previous year. In addition, the bank’s results showed enhanced capital adequacy, as well as notable improvements in operational costs. The positive outcomes affirm the bank’s resilient trajectory, effective management of […]