Paphos leading luxury home sales in 2025

Paphos leading luxury home sales in 2025

Paphos recorded the highest number of luxury home sales exceeding €500,000 in the first quarter of 2025. Data compiled by Sotheby’s International Realty, a major real estate network with operations in Cyprus, highlights significant shifts within the island’s property sector. Anastasia Gianni, CEO of Cyprus Sotheby’s International Realty, noted that the first quarter of 2025 signifies a […]

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Prince Bank announces two-day ‘718 Clever Merchant Village’ event, in conjunction with 10th anniversary celebration

Prince Bank announces two-day ‘718 Clever Merchant Village’ event, in conjunction with 10th anniversary celebration

Prince Bank is proud to announce the “718 Clever Merchant Village”, a flagship event commemorating its 10th anniversary, scheduled for July 19 and 20, 2025 at Connexion Mall, Koh Pich. This milestone event not only serves as a celebration of Prince Bank’s decade-long commitment to excellence, innovation and community engagement but also highlights the bank’s […]

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Australia Unveils Five-Year Development Strategy to Support Cambodia’s Growth and Resilience

Australia Unveils Five-Year Development Strategy to Support Cambodia’s Growth and Resilience

Cambodia Investment Review Australia has officially launched its Development Partnership Plan (DPP) 2025–2029 with Cambodia, laying out a renewed five-year strategy that aims to boost institutional strength, expand public service inclusivity, and support sustainable economic growth. The move marks the latest phase in a 70-year bilateral relationship and comes as Cambodia targets upper-middle-income status by 2030. […]

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PM stresses efforts to seek new trade deals

PM stresses efforts to seek new trade deals

Synopsis: Mr Hun Manet asks the stakeholders to diversify export items such as travel products, electronics, solar panels, bicycles among others. Prime Minister Hun Manet Friday emphasised the government’s commitment to making access to a broader market for products through implementing existing free trade agreements (FTAs) and seeking new trade deals to open more markets […]

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US firm keen to invest in Kingdom’s oil and gas sector

US firm keen to invest in Kingdom’s oil and gas sector

Synopsis: Cambodia’s oil, gas and renewable energy sector has been on an expansion path with many global giants showing interest in exploring investment opportunities. Texas-headquartered oil and gas behemoth ConocoPhillips is exploring potential investment opportunities in the Kingdom’s oil and gas sector. This was discussed during a meeting between Keo Rottanak, Minister of Mines and […]

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CDC urges Chinese firms to invest in manufacturing supply chains

CDC urges Chinese firms to invest in manufacturing supply chains

Synopsis: Cambodia’s attractive investment environment and strong government incentives have drawn growing interest from Chinese companies. The Council for the Development of Cambodia (CDC) Friday encouraged Chinese companies to expand their investments into the manufacturing of raw materials and semi-finished goods in the Kingdom, as part of efforts to strengthen domestic value chains and enhance […]

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NBC drives financial climate improvements in banking, microfinance sectors

NBC drives financial climate improvements in banking, microfinance sectors

The National Bank of Cambodia (NBC) Thursday hosted a meeting to review the Financial Inclusion Committee’s progress, aimed at enhancing financial literacy, consumer protection, and ethical standards within Cambodia’s banking and microfinance sectors. Yim Leat, Deputy Governor of NBC, chaired a meeting to review the first-half progress of the Financial Inclusion Committee of the Association […]

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Nicosia municipal swimming pool reopens after four-year closure

Nicosia municipal swimming pool reopens after four-year closure

Nicosia’s Municipal Swimming Pool has reopened to the public after remaining closed for four years whilst undergoing renovation. The facility, commonly known as “Lellos Pool” amongst locals, suspended operations in September 2021 to allow for renovation works. The municipal pool’s reconstruction was completed in December 2023, though it has since been available only to competitive swimmers. The […]

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