Hong Kong-based Sunwah Group, along with a group of leading investors, have evinced interest to invest in a range of areas including financial technology to smart city development and property and energy to tourism in Cambodia. Sunwah Group Chairman Jonathan K.S. Choi made these remarks during a meeting with Prime Minister Hun Manet on Monday […]
Sunwah Group, a Chinese company based in Hong Kong, has been investing in Cambodia since 1994, especially in export seafood processing. It is now planning to extend its investment in the Kingdom to five other key areas. Jonathan K.S. Choi, Chairman of Sunwah Group, told Mr Hun Manet, Prime Minister of Cambodia, of his company’s […]
Yianna Christou explains how beverage companies are embracing ESG. This shift in consumer priorities means that brands actively engaging in ESG initiatives can build, trust, credibility and emotional connection strengthening their consumer base. Integrating Environmental, Social, and Governance (ESG) principles into marketing strategies is crucial for the beverage industry’s future,” says Yianna Christou, a marketing […]
Cambodia leads the growth projection in Southeast Asia in 2024, according to Seasia Stats based on Southeast Asia’s 2024 GDP growth projection from the IMF’s October 2023 Outlook and January 2024 update. “Cambodia tops the list with 6.1 percent, while the Philippines ranks second with 5.9 percent and Vietnam third with 5.8 percent.” For Asia, […]
On Saturday 6th and Sunday 7th April 2024, the Medical & Health Expo Cy is being held under the auspice of the Cypriot Ministry of Health. This is a brand-new exhibition that aims to fill a gap in the market by covering the medical, paramedical and pharmaceutical sectors. The first-ever Medical & Health Expo Cy […]
The Undersecretary of State and Spokesman for Civil Aviation has stated that Emirates flights from Cambodia to United Arab Emirates – connecting Phnom Penh to Dubai – should resume in May, after the stoppage due to the pandemic. Mr. Sin Chanseryvutha, Undersecretary of State and Spokesman for Civil Aviation, stated that the Royal Government of […]
The Council for the Development of Cambodia (CDC) approved 106 fixed assets investment and expansion projects worth $2.2 billion in the first three months of this year, a jump of 649 percent over the same period last year. Of the approved projects, 73 are in special economic zones and 33 others in non-special economic zones, […]
The Ministry of Commerce (MoC) is one of the busiest ministries of the Royal Government of Cambodia with too many things on its plate. Besides maintaining the momentum of the flow of export of goods and products to maintaining good relations with trading partners, the MoC is also engaged in exploring new frontiers to attract […]
Although the construction of the beach between the rainbow bridge (the old bridge) to Kampong Bay bridge (the new bridge) is not yet complete, the provincial governor said it will be open to tourists on the occasion of the upcoming Khmer New Year, while the specialised department is busy accelerating the construction of the road […]
The latest SCB EIC report expects ASEAN CLMV nations, including Cambodia, to witness accelerated economic growth in 2024 due to increasing foreign direct investment compared to prior years. The SCB EIC is the Economic Intelligence Center (EIC) unit of the Siam Commercial Bank Public Company Limited (SCB), headquartered in Bangkok, Thailand. The EIC produces regular […]
Sir Stelios Haji-Ioannou has joined the board of The Hellenic Initiative (THI), an organisation investing in Greece through philanthropic actions and programmes focused on economic recovery, according to an announcement released on Friday. As part of its mission, The Hellenic Initiative seeks to “mobilise people to address the consequences of the crisis, empower entrepreneurship, and create […]
Cyprus witnessed a notable increase in total new loans in February 2024, reaching €575.5 million, compared to €462.7 million in the previous month, according to a report released on Friday. This surge is attributed to a rise in loans extended to companies, amounting to approximately €130 million. In addition, while the interest rate on loans to companies increased, […]
The 2nd Cyprus Forum Cities, the largest local government conference in Cyprus, is set to be held in Limassol on April 18-19, 2024. This forum is characterised by its commitment to fostering sustainable, green, and smart city environments, emphasising the construction of communities that are resilient to the challenges posed by climate change. Moreover, it serves as a […]
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The recently held TEDxMolos event, which took place on March 27 at the Plevsis Hall in Limassol’s Old Port area, truly lived up to its theme of ‘Local Legends: From Passion to Change’. The Cyprus Mail was a media partner of TedxMolos, allowing us to experience this groundbreaking event first-hand. The evening kicked off at 18:30, and it was a whirlwind […]
Cyprus experienced an increase in both production and producer prices in the construction sector during the year 2023, according to a report released on Friday by the Cyprus Statistical Service (Cystat). In particular, the Production Index in Construction for the fourth quarter of 2023 rose to 227.99 units, 2015 being the base year, set at 100 units, marking […]
The Minister of Energy, Yiorgos Papanastasiou, recently stated on the ALPHA News programme that he had been in contact with the surveyor employed by the Chinese company CPP on the construction project of the Floating Storage and Regasification Unit (FSRU) Prometheus. He was informed that the ship is ready, and its final certification is a […]