Cambodia and the Hong Kong Special Administrative Region (SAR) will promote their relationship, particularly in terms of trade and investment. This was the topic of discussion in Hong Kong on March 19 between Sok Sopheak, Secretary of State at the Ministry of Commerce, and Ms Agnes Chan, Deputy Chairman of Hong Kong General Chamber of […]
The successful candidate with work closely with other colleagues and will provide support throughout the implementation of the agreed action plan for achieving results for the agency’s three-fold mandate: investment promotion, facilitation of investors and aftercare services. “We’re on the lookout for a dynamic Investment Promotion Advisor to join our team in Nicosia,” Invest Cyprus […]
The Indonesian Government is planning to import 22,500 tonnes of rice from Cambodia to complement domestic stocks in meeting the needs ahead of Eid al-Fitr, the National Food Agency (Bapanas) stated. “We are prioritising domestically-produced rice. However, we decided that Bulog (state-owned logistics firm) will procure rice from abroad this time. We will import 22,500 […]
In a major push for socioeconomic development and generating more job opportunities, the Royal Government of Cambodia (RGC) earmarked a three-year rolling plan for the Public Investment Programme (PIP) to complete 617 projects at the cost of $11.69 billion. Presiding over the 6th Plenary Meeting of the Council of Ministers, Prime Minister Hun Manet said, […]
Cambodia earned $215 million from the exports of rubber articles in the first two months of this year, an increase of 90 percent compared to the same period last year, according to the latest trade data of the General Department of Customs and Excise (GDCE). The data indicated that the rising trend in Cambodia’s rubber […]
AIQAR, an electric vehicles (EVs) distributor has collaborated with EV Energy Tech to provide free fast charging facilities for the whole year aimed at accelerating the adoption of electric transport over internal combustion engine vehicles signalling a promising future for the EV industry in the Kingdom. This happened yesterday as AIQAR launched its fast charging […]
Lao Airlines, the national airline of Laos, yesterday, resumed the operation of direct flights between Vientiane and Phnom Penh, offering a three-times-a-week service, scheduled every Tuesday, Thursday and Saturday. A Lao Airlines flight with 116 passengers on board arrived at the Phnom Penh International Airport on March 19 and it was given a ceremonial welcome. […]
The project to electrify Cambodia’s river systems, which is expected to cost a total of $600 million over five years, received its first tranche of $120 million in funding. The funding came in from the commercial arm of a major multilateral bank. Currently, this project is being pitched to investors, focused on renewable energy projects, […]
The uniqueness of the Tonle Sap River with its charming floating villages lies in its annual flow reversal, flowing one way for half the year and in the reverse direction for the other half. Travel operators see tremendous potential in promoting the river as a tourist attraction in Cambodia. Tourists often like to see different […]
Paper Tree (Cambodia) Co., Ltd., a plantation and wood chipping company with various pre-existing horticulture operations across Cambodian provinces, has unveiled plans to register its projects with the Council for the Development of Cambodia (CDC) to gain qualified investor status. The move looks to expand the Thailand-headquartered company’s cooperation on forestry investments with local investors […]
President of the Republic Nikos Christodoulides will travel to Belgium, where he will address the College of Europe in Bruges on Wednesday and will participate on Thursday in the European Council meeting in Brussels, Government Spokesman, Konstantinos Letymbiotis, has said, adding that the President will also attend a working lunch of the EU leaders with […]
The Cyprus Naturas Gas Public Company (DEFA) is racing against time to meet a deadline that finishes at the end of 2024 for the conclusion of the Liquefied Natural Gas Terminal in a bid to absorb the balance of the €101 million grant from the Connecting Europe Facility, a DEFA senior official has said. According […]
The House Committee on Energy, Trade, Industry and Tourism this week revisited a proposal aimed at abolishing fees for innovative startups, in a bid to boost innovation and entrepreneurship. This initiative represents an effort to support startups by reducing financial burdens while ensuring compliance with regulatory standards, thereby fostering a thriving ecosystem for innovation and entrepreneurship. This proposal, […]
Minister of Energy George Papanastasiou has expressed hope that the LNG Terminal, under construction in the Vassilikos area, will be completed before the end of this year. Speaking to journalists after the Council of Ministers meeting, the Energy Minister said that an additional 120 specialised personnel from China will arrive in Cyprus and that a commitment […]
ROAR Games, a new independent games studio focused on original game development, has announced that it has secured $1.5 million from The Games Fund (TGF), a specialist early-stage VC fund with offices in New York and Cyprus. It should be noted that The Games Fund, which invests in innovative early-stage games and game tech companies, was founded by games industry veterans, and holds […]
Cyprus marked a significant step forward in its environmental efforts on Tuesday with the signing of a contract for the supply and installation of 50 prefabricated Green Kiosks to serve as recycling pickup points in mountainous and remote regions. According to a statement from the Environment Department, the contract was signed between the latter and […]