The Prime Minister of the Kingdom of Cambodia, His Excellency Hun Manet, presided over – and joined in – the 29th Angkor Wat International Half Marathon on the morning of December 1, 2024, In his commencement speech, the PM stated “I am happy to participate in the 29th Angkor Wat International Half Marathon, which was […]
Sixty-nine stolen antiquities were handed over to Cypriot authorities in the Austrian capital today and will be transported back to Cyprus over the weekend. According to an Antiquities Department statement, they were delivered by Mr O.D (Austrian citizen who found them and who did not wish for his name to be disclosed) at a ceremony […]
A day trip to Kalopanayiotis shows the island has more to offer than partying at the coast By Philippa Tracy Agro-tourism is one of those phrases that people throw about while other people nod vigorously in approval. It conjures up images of expensive, luxury farm villas in Tuscany, where you pay vast amounts of money […]
Charles Vann, Director of Cambodia Airport Investment Co., Ltd. (CAIC), has stated that Phnom Penh’s new Techo International Airport has completed 92% of its first phase, and is on track to open in 2025. Mr Vann made his remarks during a recent visit to Techo International Airport. On his visit, Mr Vann was accompanied by […]
A spokesperson said on Thursday that Cambodia recorded a total of 733,729 air passengers between the kingdom and China during the first 10 months of 2024, an 83 percent year-on-year increase. “There had been 5,486 flights between Cambodia and China during the January-October period of 2024, a year-on-year rise of 60 percent,” Cambodia’s State Secretariat […]
Tourism revenue in Cyprus rose 6.0 per cent in September 2024 compared to the same month last year, whilst the first nine months of the year saw a 4.9 per cent increase compared to the same period in 2023. According to the Statistical Service’s Traveller Survey, tourism revenue reached €454.1 million in September 2024, up from €428.4 […]
Tourism revenue in September 2024 recorded a 6% increase, compared to September last year. For the first nine months of 2024 an increase of 4.9% was also recorded, compared to the same period in 2023. Based on the results of the Passengers Survey carried out by Cystat, revenue from tourism reached €454.1m in September 2024, recording an […]
Deputy Tourism Minister satisfied with the results, optimistic for 2025 Tourism revenue in Cyprus reached €454.1 million in September 2024, according to the statistical service’s passenger survey. This marks a 6 per cent increase compared to September 2023, when tourism revenue stood at €428.4 million. For the first nine months of 2024, total tourism revenue was estimated at €2.58 billion, […]
Cyprus recorded a general government surplus of €1.43 billion, equivalent to 4.2 per cent of GDP, between January and October 2024, according to a report from the statistical service. This was more than double the surplus of €664.8 million, or 2.1 per cent of GDP, reported for the same period in 2023. According to the report, this increase […]
Petrolina (Holdings) Public Limited (PHL) has announced the completion of a €48.6 million deal to acquire ExxonMobil Cyprus. According to the announcement, this includes the company’s 68 Esso-branded service stations, marking a significant expansion of its operations in the Cypriot market. On November 27, 2024, PHL confirmed that MED ENERGYWISE LTD, a wholly owned subsidiary, signed an agreement […]
The electric vehicle (EV) sector has been identified as one of the sectors with high potential to contribute not only to environmental protection and public welfare improvement but also to economic diversification and energy security promotion. Peng Ponea, Minister of Public Works and Transport, made the remarks yesterday while presiding over the 3rd Meeting of […]
According to a report issued Thursday by the Ministry of Public Works and Transport (MPWT), Cambodia had registered 2,513 electric cars or electric vehicles (EVs) as of October 2024. The three most popular EV brands in the Southeast Asian country are China’s BYD, Japan’s Toyota, and America’s Tesla. Speaking at an EV showcase event at […]
Cyprus President Nikos Christodoulides had a trilateral meeting at the Presidential Palace with King Abdullah II of Jordan and Prime Minister Kyriakos Mitsotakis of Greece. The leaders had a working lunch on 27 November, in the context of the 4th Trilateral Summit between Cyprus – Greece – Jordan, after which memoranda of understanding in the fields […]
Cyprus-based Ralliton and global software provider SoftwareOne Holding AG this week announced that they have entered into a strategic partnership. According to the announcement, the partnership aims to deliver advanced cloud and AI solutions exclusively in Cyprus and Malta, targeting key industries undergoing digital transformation. Under the terms of the agreement, Ralliton and SoftwareOne will […]
President Nikos Christodoulides on Thursday said there was an urgent need to link education with the labour market, in order to equip Cyprus’ youth for the demands of the modern economy. Speaking at the opening of the 8th National Skills Competition in Nicosia, Christodoulides underlined the role of skills development in boosting individual potential and strengthening the nation’s economic […]
Hellenic Bank on Thursday announced that the Commission for the Protection of Competition has approved its acquisition of CNP Cyprus Insurance Holdings. This represents a major step forward in the overall transaction process with CNP Assurances. According to the bank’s statement, the approval was granted during the commission’s session held on November 27, 2024. The announcement follows Hellenic Bank’s […]