Cambodia’s exports reached $17.58 billion in the first eight months of this year, a surge of 16.7 percent compared to the same period last year, according to the trade data released by the General Department of Customs and Excise (GDCE) yesterday. Cambodia’s imports too went up reaching $18.9 billion during the January to August period […]
Prime Minister Hun Manet Tuesday welcomed the US companies seeking investment opportunities and interested in exporting Cambodian agricultural products to the US market, as well as promoting cooperation in the field of education in the Kingdom. During a discussion with the US business delegation led by Patrick Murphy, Executive Vice President of Rice and Grain […]
Total motor vehicle sales for the period of January to August rose by an annual 16% with saloon car sales increasing by 13%, including rising sales of EV and hybrid cars, data published by CySTAT show. Total registrations of motor vehicles increased by 15.9% to 34,391 in January-August 2024, from 29,673 in the respective period […]
The Monitoring Committee on the renowned Cypriot white cheese, Halloumi, will convene for its first meeting in the last week of September, Minister of Agriculture, Rural Development and the Environment Maria Panagiotou has said. Speaking to CNA, Panagiotou announced the Committee’s first meeting comprising representatives of all stakeholders in the Halloumi production process, following the […]
Sampling Ktima Gerolemo wines at Cavaway Boutique No one can argue against Omodhos village being the wine capital of Cyprus. It is surrounded by several wineries and their vineyards cover mountain tops such as Afames and Kremnos of Laona. Not far from Limassol, built on the west bank of Cha-potami, Omodhos buzzes every day with […]
A seven-metre statue of a winegrower was on Monday placed in its traditional spot in Limassol’s municipal garden ahead of the city’s 63rd Wine Festival. The festival is set to begin on September 28 and will last until October 6. The statue, known as vragaman, is of a man in traditional Cypriot dress, including a waistcoat […]
The weekend’s Ed Sheeran concerts were the biggest in terms of audience to ever have been staged in Cyprus, with 45,000 guests attending from 42 different countries. Speaking to the Cyprus Mail, Helen Katsamba of organiser Moonlight Show Productions said Larnaca was packed full of people wanting to see the concert. “All the hotels were full,” she […]
Investissement Québec International (IQI) a Canadian government organisation in charge of foreign direct investment and commercial promotion of goods & services from Quebec manufacturers, is planning to visit Cambodia shortly to explore investment opportunities. The information was shared by the IQI’s representative during a meeting with Rath Saravuth, Secretary of State at the Ministry of […]
The Council for Development of Cambodia (CDC) approved 53 new projects worth $1.2 billion in August, generating approximately 33,000 jobs for the local people, said a report yesterday. China remained the top investor in Cambodia, accounting for 84 percent of the total investment capital, a result of the strong economic ties between the two countries. […]
The Cambodia Chamber of Commerce (CCC) and the Korea Chamber of Commerce and Industry (KCCI) are set to meet this week in Seoul to review the progress made on their bilateral cooperation agreement. The meeting will take place just months after the two chambers signed a Memorandum of Understanding (MoU) aimed at enhancing trade and […]
Cyprus has registered the third highest annual growth rate in the European Union in the second quarter of this year, according to new data released by Eurostat. Based on seasonally adjusted data, the Cypriot GDP expanded by 3.7% in Q2 2024 compared with the respective period of last year, the third best performance behind Malta […]
Deputy Minister of Research, Innovation and Digital Policy Dr Nicodemos Damianou was in India on an official visit on 5-6 September, heading a delegation participating in the “CII India Mediterranean Business Conclave” business forum, where he also met with Indian investors interested in doing business in Cyprus. The forum, was organised by the Indian Ministry […]
Cyprus saw an increase of 15.9 per cent in the total number of motor vehicle registrations during the first eight months of the year, totalling 34,391, up from 29,673 in the same period last year. According to the Cyprus Statistical Service (Cystat), motor vehicle registrations in August alone numbered 3,527. This marks a rise of […]
The foundation said that the aim is to strengthen bilateral ties Director General of the Research and Innovation Foundation (RIF) Theodoros Loukaidis recently met with Henrietta Egerth, who leads Austria’s national R&D funding agency, FFG. According to an announcement released on Monday, the meeting took place on September 5, at the FFG offices in Viena, […]
Women in Tech Cyprus and TechIsland are joining forces to host the first-ever Women in STEM Cyprus Forum, set for October 8, 2024, at the Kolla Culture Factory in Limassol. The event, held under the auspices of President Nikos Christodoulides, coincides with Ada Lovelace Day, a global occasion celebrating the achievements of women in STEM (Science, […]
Cyprus has recorded the third highest annual growth rate within the European Union and the second highest in the Eurozone during the second quarter of 2024, according to data released by Eurostat. Seasonally adjusted figures show that Cyprus’ GDP expanded by 3.7 per cent when compared to the same quarter of 2023. This performance placed […]