Rodon hotel parent company approves dividend, board changes

Rodon hotel parent company approves dividend, board changes

Agros Progress Development Public Ltd, parent company of the Rodon hotel, held its annual general meeting (AGM) on Thursday, during which shareholders approved a dividend distribution and made several changes to the board of directors. The meeting took place at the company’s registered office in Agros, where shareholders examined the annual financial report, which includes the final […]

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Cambodia positioned as key investment destination, says Prime Minister Hun Manet

Cambodia positioned as key investment destination, says Prime Minister Hun Manet

Prime Minister Hun Manet stated that Cambodia has continued to build and maintain the confidence of both domestic and international investors due to the country’s favourable conditions and vast potential. He made these remarks at the celebration of the Official Establishment of the Cambodia Confederation of Investors Association (CCIA) and the 2025 Gala Dinner, organised […]

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Limassol becomes Cyprus’ basketball capital with €14.5 million arena renovation

Limassol becomes Cyprus’ basketball capital with €14.5 million arena renovation

Minister says similar projects planned to boost sports infrastructure nationwide Transport Minister Alexis Vafeades expressed pride on Wednesday during a presentation of the newly upgraded Spyros Kyprianou Athletic Centre in Limassol, ahead of its role as a host venue for FIBA EuroBasket 2025. “I am very proud of the entire team behind the renovation of this stadium, and for delivering […]

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Cambodia’s exports to EU, UK soar in 5 months

Cambodia’s exports to EU, UK soar in 5 months

Synopsis: Trade experts attribute the rise in exports to continued preferential market access and Cambodia’s competitive production costs. Cambodia posted strong export growth to both the European Union (EU) and the United Kingdom (UK) in the first five months of 2025, driven by rising shipments of bicycles, mangoes, textiles, and footwear, according to official trade […]

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Salaries in Cyprus rise 13% in two years

Salaries in Cyprus rise 13% in two years

Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately 2,500 euros, Minister of Labor and Social Insurance Yiannis Panayiotou announced on Wednesday, citing recent Eurostat data. The median salary has also climbed nearly 11.5% to about €1,900, while the number of workers earning below €1,000 has dropped by 30%. […]

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Vehicle industry exports exceed $1 billion, growth driven by tyre manufacturing

Vehicle industry exports exceed $1 billion, growth driven by tyre manufacturing

As of 2024, investment in Cambodia’s automotive sector reached approximately $746 million, while exports exceeded $1.1 billion, the majority of which came from tyre manufacturing. Sun Chanthol, first vice-president of the Council for the Development of Cambodia (CDC), highlighted this remarkable progress during a June 17 meeting of the Executive Committee overseeing the implementation of […]

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MoC prepares for 2nd Cambodia Digital Trade Forum

MoC prepares for 2nd Cambodia Digital Trade Forum

Synopsis: The forum in September will feature 50 booths showcasing digital products and services, e-commerce platforms, marketplaces, banks, and online businesses. The Ministry of Commerce (MoC) will organise the 2nd Cambodia Digital Trade Forum and Online Expo on September 12-13, at Koh Pich Convention and Exhibition Centre, aiming to promote and boost the export of […]

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