Cambodian Prime Minister Hun Manet said here on Thursday that the Sihanoukville Special Economic Zone (SSEZ) has boosted the kingdom’s trade and economic growth and improved local livelihoods. The 11-sq-km SSEZ, jointly ventured by Chinese and Cambodian companies, is a flagship project under China’s Belt and Road Initiative (BRI). Hun Manet made remarks during a […]
The Kingdom earned nearly $150 million from rubber and rubberwood exports during the first four months of 2025, marking a 19.74 percent increase compared to the same period in 2024, according to a report released on Wednesday by the Ministry of Agriculture, Forestry and Fisheries (MAFF). The report stated that between January and April 2025, […]
For years, Cambodia’s economic narrative was characterised by rapid growth fuelled primarily by low-cost labour and foreign direct investment (FDI), particularly in the garment manufacturing sector. Factories proliferated across the country, export volumes soared and employment opportunities flourished, creating the foundation for a decade of impressive GDP growth. However, as the global economic landscape evolves, […]
In the first 20 months of Prime Minister Hun Manet’s seventh-mandate government, the number of large factories in Cambodia has swelled by an eighth. The Kingdom was home to approximately 40,300 large enterprises in August 2023, when the government was formed. By April this year, that figure had increased to 45,386. Heng Sour, Minister of […]
Cyprus President Nikos Christodoulides has issued a heartfelt invitation to Cypriots living abroad: Come home and help build the future of Cyprus. Speaking in London to more than 750 Cypriot professionals at the “Minds in Cyprus” event, the president unveiled a national action plan designed to bring talented expats back to the island. The goal […]
ASBISc Enterprises on Thursday announced estimated consolidated revenues of approximately $255 million for April 2025, marking a 33 per cent increase compared to the same month last year. In an announcement submitted to the Cyprus Stock Exchange (CSE), the company disclosed the figures as part of its commitment to regular revenue updates. The company clarified that the reported data is […]
Penang Tourism and Creative Economy Committee chairman Wong Hon Wai said Cambodia Airways has officially confirmed the new direct flights from Phnom Penh to Penang from June 26. GEORGE TOWN (May 20): Penang is set to welcome new direct flights from Phnom Penh starting June 26 via Cambodia Airways, marking another significant milestone in enhancing […]
This idyllic coastal town in Cambodia might be the best travel deal you’ll find this year. For just $6 per night—less than what you pay for a standard Netflix subscription—you can wake up to pristine beaches, swaying palm trees, and the gentle sound of waves lapping against golden shores. The under-the-radar paradise that costs less […]
Average monthly earnings in Cyprus rose by 5 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by the Cyprus Statistical Service (Cystat). When compared to the previous quarter, and after adjusting for seasonal fluctuations, average monthly earnings increased by 1.2 per cent in the fourth quarter of 2024. Specifically, […]
Investors from Hungary have been urged to explore opportunities in the Kingdom’s various economic sectors from agriculture to information technology. This came as Khuon Sudary, President of the National Assembly, received Tibor Baloghdi, Ambassador of Hungary to Cambodia, on Tuesday at the National Assembly Palace. They acknowledged growing economic ties between the two nations, encompassing […]
The National Day of Remembrance, observed annually on May 20, is one of 26 reparation projects initiated by civil parties — survivors and victims of the Khmer Rouge regime — and officially recognised by the Extraordinary Chambers in the Courts of Cambodia. This day was established as an official holiday by the Royal Government of […]
Cambodia is aiming to position itself as a regional hub for film and television production following a new agreement signed between Camwood Studios, a division of Cambodian Broadcasting Service (CBS), and The Studio, a Hollywood-based global production company. The two companies yesterday signed a Memorandum of Understanding (MoU) to co-produce up to ten international film […]
Belgium has shown interest in investing in Cambodia’s medical waste management sector, which is well in line with the country’s Chakra Strategy to promote a clean, green, and sustainable environment. Sarah Gasquard, Chargé d’Affaires of the Belgian Embassy in Cambodia, based in Bangkok, highlighted this interest during a courtesy meeting with Eang Sophalleth, Cambodian Minister […]
During a second panel discussion ‘Why I went Back: Stories of Return, Belonging, and Impact,’ at the Minds in Cyprus event in London, speakers focused on the reasons they came back to Cyprus and what helped them to grow and adapt. The panel was moderated by Charis Kynigou, Executive Board Member, Head of Private Banking, […]
Paphos is joining nine other European regions in the EU-backed Smart-Tour initiative to boost digital and sustainable tourism as part of its strategy to become a forward-looking destination. According to an announcement, the Paphos regional tourism board (Etap) will participate in the 36-month programme, which focuses on promoting accessibility, digital transformation, environmental sustainability, cultural heritage and creative […]
Hungarian and Cypriot stakeholders gathered at the Kean factory in Limassol for a joint event on ‘Smart and Sustainable Hungarian Solutions for Agriculture and Industry’, supported by Hungary’s Ministry of Foreign Affairs and Trade under the NEXT-KPI programme. The event was co-organised by the Cyprus Chamber of Commerce and Industry (Keve) and the Hungarian Embassy […]