Cambodia is proud to have been granted hosting rights for the AFC Women’s Asian Cup qualifying matches for the first time, announced the Football Federation of Cambodia (FFC), on Thursday, February 27. The 2026 cup will take place in Australia, in March next year. The qualifying tournament will take place from June 23 to July […]
The Korean Water Resources Corporation, known as K-water, a Korean government agency responsible for comprehensive water resource development and the provision of both public and industrial water in South Korea, is exploring investment opportunities in Cambodia’s water resource management sector. Yun Seog-dae, President of K-water and Chairman of the Asian Water Council (AWC), and his […]
Prime Minister Hun Manet’s recent diplomatic and economic achievements were highlighted, reinforcing Cambodia’s role in regional and international platforms, strengthening foreign relations, and boosting economic resilience. Jean-François Tain, Minister Delegate Attached to the Prime Minister in charge of Foreign Affairs and International Cooperation, emphasised Cambodia’s evolving role in global affairs and economic strategy during the […]
Hun Many, Deputy Prime Minister and Minister of Civil Service (MCS), Saturday said that the trust between the Royal Government of Cambodia (RGC) and the private sector drives investments and fosters continuous growth in the Kingdom. Addressing the opening ceremony of the ‘Auto Show 2025’ attended by the delegation of Cambodian Oknha Association (COA) led […]
The famed Angkor Archaeological Park received 279,640 foreign tourists in the first two months of 2025, a year-on-year increase of 18.8 percent, a state-owned Angkor Enterprise’s report showed on March 1. Angkor made $13.16 million from ticket sales during the aforementioned period, up 17.21 percent, stated the report. In February alone, the park welcomed 133,464 […]
The Council for the Development of Cambodia (CDC) and the Ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade of Luxembourg (MAE) held discussions on the Kingdom’s investment and business climate to strengthen bilateral cooperation. Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of CDC, granted the courtesy visit to the Luxembourger […]
The Second Annual Auto Show 2025 commenced at the Premier Centre Sen Sok on March 1, 2025 under the auspices of Cambodia’s Deputy Prime Minister and Minister of Civil Service, Hun Many. In his welcoming remarks, Oknha Seng Nhok, Director General of the Premier Centre Sen Sok, underscored the significant growth of the event.Compared to […]
The city of Limassol is set to gain an advanced private healthcare facility through a substantial €50 million investment, pending final regulatory approvals from local authorities. C & SO Medical Properties Ltd has submitted all necessary documentation and studies for the proposed American Medical Center, which would bring specialised medical services to the city, complementing the company’s existing facility […]
Two major players in the renewable energy sector have reached a significant agreement for the sale and supply of solar-generated electricity, sources told Phileleftheros. HAFFNEVE HOLDING LIMITED, owned by the Zorpas Group, has agreed to sell 23 megawatts of photovoltaic parks to Bioland, a key producer and supplier of green electricity. The deal is pending approval […]
Famagusta district’s first-ever coordinated online tourism campaign promoting it to foreign markets ended 2024 with impressive results, surpassing all expectations and laying the groundwork for an even more dynamic follow-up in 2025. The campaign, from April to October 2024, was the largest collaborative effort to date, with 150,000 euros raised through partnerships between the local […]
The Mall of Cyprus on Friday announced the sale of its Annex 3 office building to Karakyr Properties Ltd, a member of the E-Cars Group, for €4.6 million. It should be noted that Karakyr Properties was already the active tenant of the building. According to the company, the board of directors had long considered Annexes 3 and 4, located next to the Mall of […]
Deputy tourism minister Costas Koumis is heading to Berlin for a series of contacts with members of the German industry in addition to attending the large trade fair ITB, which runs from Tuesday to Thursday. He will meet representatives of executives of tourism organisations and airlines that operate tourism programmes and routes from Germany to Cyprus, in […]
Hellenic Bank is expected to finalise its acquisition of CNP Cyprus Insurance Holdings Limited by the first quarter of 2025. The deal, valued at €182 million, is still pending regulatory approvals, according to preliminary results released by the bank. On November 28, 2024, the bank confirmed that the Cyprus Competition Commission had approved the transaction […]
The legal merger between Eurobank and Hellenic Bank is expected to be completed within the first quarter of 2025, with the final step, the operational merger, scheduled to take place over the following two years. According to Eurobank Holdings’ latest financial results, the bank recorded a €99 million contribution to its net profits from acquiring […]
Here are the top business stories in Cyprus from the week starting February 24: Natural gas production from Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) could commence within 2 to 2.5 years, according to Constantinos Hadjistassou, Professor at the School of Sciences and Engineering, Department of Engineering at the University of Nicosia. He described […]
Hellenic Bank is expected to finalise its acquisition of CNP Cyprus Insurance Holdings Limited by the first quarter of 2025. The deal, valued at €182 million, is still pending regulatory approvals, according to preliminary results released by the bank. On November 28, 2024, the bank confirmed that the Cyprus Competition Commission had approved the transaction […]