The opening of a local office of the European Investment Bank (EIB) will bring significant benefits for Cyprus, the finance ministry said on Monday, adding that Minister Makis Keravnos has proposed that EIB staff be accommodated in the building of the ministry, until the bank secures a permanent office. The announcement comes after Keravnos met […]
The Cyprus Computer Society (CCS) is a scientific, professional, independent not-for-profit organisation, to develop, upgrade and promote the IT sector in Cyprus Skill Boosters caters to the diverse needs of children by integrating components like emotional intelligence and a growth mindset into each programme. With the global pandemic in 2020, digital transformation and the extensive […]
Bilateral trade between Cambodia and Thailand crossed $1.7 billion in the first five months, an increase of 1.73 percent compared to the same period last year, said a report of the General Department of Customs and Excise of the Ministry of Commerce. Cambodia exported to Thailand totalled $391 million, down 18.43 percent, while Cambodia imported […]
Three private-sector bond issuers have been selected to receive comprehensive support for their green, social and sustainability bond issuances in 2024 under the inaugural Cambodia Sustainable Bond Accelerator (CSBA) Program. A recent press release from the Securities and Exchange Regulator of Cambodia (SERC) has confirmed the three companies selected for 2024 issuances under the CSBA […]
Cambodia made a strong pitch at the ‘2024 China (Chongqing)-ASEAN Electric Power Equipment Manufacturing Industry Conference on Innovation and Cooperation’ held in Fuling District, Chongqing on June 18 by inviting investors from various countries to seize the opportunity to do business and invest in the Kingdom and work together to build and achieve better regional […]
Cambodia and Vietnam are on track to exceed $10 billion in trade by the end of 2024, said Vietnam’s Ambassador to Cambodia Nguyen Huy Tang. During the COVID-19 pandemic, two-way trade between the two countries was at $5.32 billion in 2020. But the figure went up to $9.53 billion and $10.57 billion in 2021 and […]
The construction of the $1.5 billion first phase of the Techo International Airport (TIA) has entered the final stage and is 78 percent complete as of June 16. The airport will be ready for commencing operations by February end of next year. The work progress of the TIA was shared yesterday by Pung Kheav Se, […]
Here are the top business stories in Cyprus from the week starting June 17: The Finance Ministry is contemplating a return to financial markets, aiming to capitalise on the Cypriot economy’s robust momentum highlighted by successive credit rating upgrades. Reports suggest the issuance of a ten-year bond is being considered, with specifics to be finalised […]
Women leaders are redefining what it means to steer enterprises successfully with compassion, ethics and respect By spotlighting the accomplishments of women in the sector and showcasing a variety of role models, media coverage can motivate young girls and women to pursue technology careers and believe in their potential In Cyprus, a remarkable transformation is […]
A delegation of eight German companies specialising in energy-saving solutions for buildings is visiting Cyprus from July 1 to 4, 2024. The initiative, led by the German Federal Ministry for Economic Affairs and Climate Action (BMWK), aims to foster collaboration with Cypriot businesses in energy efficiency upgrades. The German companies offer solutions for various sectors, […]
The Paphos Regional Tourism Board (Etap) hosted on Monday partners of the SMARTIES for SMEs project, in a move that seeks to bolster the competitiveness and resilience of small and medium-sized enterprises (SMEs) in the tourism sector. The initiative, underpinned entirely by European Union funding, seeks to distribute €375,000 among 15 SMEs to foster their […]
Daily trading volumes on the Cambodia Securities Exchange (CSX) has gone up after months of decline in 2023. The first four months of 2024 saw daily trading volume has been below $200,000. But, trading has now picked up with daily trading volume at $300,000, said Hong Sok Hour, CEO, CSX. “The significant increase in daily […]
The Ministry of Tourism’s new strategy of ‘Uniting for a Collective Vision’ to reposition Cambodia as a leading global destination has started yielding positive results. Going by the latest Tourism Statistics Report of the Ministry, international tourists who arrived in Cambodia touched 2.11 million mark in the first four months this year, reaching 38 percent […]
On the day of the Local Producers and Buyers Marching Forum and Local Products Exhibition in Siem Reap province, senior officials of the One Village, One Product (OVOP) committee urged business owners and the general public to use and buy local products. Siem Reap provincial authority along with Macro Market in Siem Reap, organized a […]
In the bustling markets and vibrant streets of Cambodia, a powerful transformation is unfolding, driven by the country’s female entrepreneurs. From street vendors managing their stalls to innovative businesswomen steering burgeoning enterprises, these resilient women are challenging gender roles and becoming pillars of their communities, transforming challenges into opportunities and leading innovative ventures. According to […]
Invest Cyprus recently welcomed H.E. Shri Manish Manish, High Commissioner of India to Cyprus, and Subhash Jangala, the High Commission’s First Secretary (Income Tax Overseas Unit), to its offices for a productive discussion on the relations between Cyprus and India. Representing Invest Cyprus were Evgenios Evgeniou Chairman, Spyros Vassiliou Vice Chairman, and Marios Tannousis, CEO. […]