A tyre manufacturer, Double Star, purchases between 50,000 and 60,000 tonnes of local rubber annually to supply its tyre production chain at its factory in Cambodia’s Kratie province. Double Star’s management reported this information during a recent visit by over 50 journalists. The journalists, representing more than 20 institutions and led by Puy Kea, President […]
The national flag carrier Air Cambodia inaugurated its new flight service to Thailand offering daily flights using Airbus 320 or 321 aircraft. The first flight took place on February 17 carrying more than 300 passengers for the first round-trip. Passengers were warmly welcomed with souvenirs on the first flight. “We sincerely express our gratitude for […]
The Cyprus Chamber of Commerce and Industry’s (CCCI) President Stavros Stavrou and Secretary General Philokypros Roussounides held a meeting with the non-resident Ambassador of Iraq, H.E. Mr. Mouayed Saleh. On its LinkedIn page, the Chamber said discussions focused on strengthening bilateral trade and investment relations, while exploring opportunities for closer cooperation in healthcare and pharmaceuticals, […]
The new year for tourism in Cyprus started on a high note, with tourist arrivals recording an annual increase of 27.4% in January. According to data from CySTAT, tourist arrivals in January amounted to 112,100 compared to 87,961 in the corresponding month last year, marking an increase of 27.4%. From an analysis of the same […]
Cambodia’s exports to the United States surged to nearly $870 million in January 2025, up 38 percent compared to the previous year, according to a recent report from the General Department of Customs and Excise of Cambodia. The report stated that in January alone, the US remained Cambodia’s largest export destination, followed by Vietnam ($278 […]
Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, received Zhang Chaomin, Chairman and CEO of Infinite Capital Holdings (ICAP), at the Peace Palace yesterday. During the meeting, Zhang Chaomin briefed the Cambodian Premier on ICAP’s business operations, stating that the company has focused on investing in new materials, artificial intelligence (AI), semiconductors, and […]
Deputy Minister for Shipping, Marina Hadjimanolis, announced this week that the Deputy Ministry of Shipping has integrated gender equality promotion activities into its operations. This initiative aligns with the United Nations Sustainable Development Goal on gender equality and women’s empowerment. The commitment is further exemplified by the adoption of campaigns designed to inform and encourage […]
The Deputy Ministry of Tourism has warmly welcomed Qatar Airways’ decision to ramp up its flights from Qatar to Larnaca Airport. According to a recent post, starting June 24, 2025, the airline will increase its weekly flights from seven to ten, continuing until October 25, 2025. The ministry also shared that Qatar Airways plans to […]
January 2025 marked a standout month for tourism in Cyprus, as the island welcomed 112,100 visitors, according to a report released on Monday by the state stastical service. According to the report, this represents a significant 27.4 per cent increase when compared to January 2024. This boost is largely due to a sharp rise in […]
Cambodia has earned $187 million from paddy and milled rice exports in the first month of this year, a report from the Cambodia Rice Federation showed last Friday. The Kingdom shipped 59,086 tonnes of milled rice abroad in January this year earning $48 million in revenue, read the report. Over 36,714 tonnes were exported to […]
Agriculture is a vital part of Cambodia’s cultural, social and economic tapestry. Although its share of the gross domestic product (GDP) – the total values of goods and services created in a country – has been gradually declining in recent decades, from 35.5% in 2000 to just 16.5% in 2022, the sector still plays a […]
The Cambodian Rice Federation announced that in January 2025, Cambodia exported 59,086 tonnes of milled rice, earning $48.03 million. According to the Cambodian Rice Federation, 39 rice exporters conducted these exports to 45 destinations, with 23 European countries receiving a total of 36,714 tonnes, valued at $29.79 million. Meanwhile, China, including Hong Kong and Macau, […]
In January 2025, Cambodia’s trade volume with the international market surpassed $5 billion, representing a 24.6 per cent increase compared to January 2024, when it exceeded $4 billion, according to a report from the General Department of Customs and Excise of Cambodia, accessed by Fresh News on 15 February. The report indicated that in January […]
The Interministerial Committee for Strategic Investments is expected to green-light three investments with a total budget of 1 billion euros in the tourism sector on Monday, when it is scheduled to convene. They concern developments at Petalioi, Astakos and in the Peloponnese. Their approval by the Interministerial Committee will mark the start of the licensing […]
Cypriot President Nikos Christodoulides has announced 30 new projects to boost the development of the free part of Famagusta district with a total budget of 122 million euros. They are aimed at improving infrastructure, local services, and the overall well-being of residents. The announcement came during a regional gathering held in Paralimni as part of […]
Cyprus’ GDP growth rate in real terms during the fourth quarter of 2024 is estimated at 2.6%, according to a provisional report published by the Cyprus Statistical Service (CyStat) on Friday. Based on seasonally and working day adjusted data, GDP growth in real terms is estimated at 2.9%. The positive GDP growth rate is mainly […]