Cambodia sees record high air passengers in 2024

Cambodia sees record high air passengers in 2024

Cambodia’s three international airports handled a combined 5.65 million air passengers in 2024, up 39.8 percent from 4.04 million a year before, a report from the State Secretariat of Civil Aviation (SSCA) showed. Cambodia has three international airports: Phnom Penh International Airport, Siem Reap Angkor International Airport, and Sihanoukville International Airport. The year 2024 saw […]

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Governor of Preah Sihanouk Province advocates for eco-tourism development on Koh Rong to boost visitor attraction

Governor of Preah Sihanouk Province advocates for eco-tourism development on Koh Rong to boost visitor attraction

Mang Sinet, governor of Preah Sihanouk Province, has called for establishing an eco-tourism zone on Koh Rong to enhance the region’s appeal to tourists. His remarks came during a recent inspection of the waterfall eco-tourism zone in Koh Rong Sangkat, Koh Rong City, last week, where he engaged with officials, local authorities, and representatives from […]

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A spotlight on the most important economic developments of 2024

A spotlight on the most important economic developments of 2024

In 2024, the Cypriot economy demonstrated notable resilience and positive developments, achieving an estimated growth rate of 3.7%. This performance was bolstered by increased domestic demand and a stable labour market, with significant contributions from sectors such as tourism, construction, and wholesale and retail trade. The unemployment rate hovered around 5%, indicating near-full employment conditions. […]

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Cyprus Business Now: 2024 recap, tourism revenue, CSE performance

Cyprus Business Now: 2024 recap, tourism revenue, CSE performance

The Cypriot economy demonstrated remarkable resilience in 2024, achieving a growth rate of 3.7 per cent despite persistent geopolitical and internal challenges. Tourism, construction, and the wholesale and retail trade sectors have made significant contributions to economic activity, benefiting from increased investment activity. Meanwhile, unemployment, which hovered at around 5 per cent, indicated conditions of […]

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British visitors drive Cyprus tourism to record revenues

British visitors drive Cyprus tourism to record revenues

Tourism revenue reached €407.9 million in October Tourism revenue in Cyprus reached €407.9 million in October 2024, marking a 17.7 per cent increase compared to the €346.5 million recorded in October 2023, according to the Cyprus Statistical Service. For the January-October 2024 period, tourism revenue totalled €2.983 billion, a 6.5 per cent rise from the €2.803 billion in the same period of 2023. This growth was supported by increased […]

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Limassol and Larnaca to let off ‘silent fireworks’ for New Years

Limassol and Larnaca to let off ‘silent fireworks’ for New Years

Limassol and Larnaca municipalities on Monday announced they would let off “silent fireworks” as part of their new year celebrations. “For the first time, Limassol municipality will bring the magic of silent fireworks to the city. This innovative option offers impressive visual effects without the noise pollution of traditional fireworks,” Limassol’s municipality said, adding it […]

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