Retail trade in Cyprus marked a notable growth in March 2025, with both the Turnover Value Index and the Turnover Volume Index increasing by 5.6% compared to the same month last year, according to Cystat. The Turnover Value Index for retail trade, excluding motor vehicles, rose to 128.4 points (base year 2021=100), while the Volume […]
Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus represents 1.6 per cent of GDP and marks a slight increase from the €575.7 million surplus (1.7 per cent of GDP) recorded during the same period in 2024. Total government revenue for January to March […]
Cyprus recorded €92.7 million in high-value property transactions in March 2025, with Nicosia taking the lead thanks to a single €29.3 million office sale, according to real estate analytics firm Ask Wire. According to a report released on Friday, the 50 most valuable transactions nationwide marked a 43 per cent increase compared to February 2025, underlining a strong rebound in property market activity. […]
Phnom Penh is a city on the move — a city where the echoes of tradition meet the ambitions of modern development. In this vibrant landscape, infrastructure is more than just concrete and steel; it is the foundation of progress. Among the most anticipated projects in Cambodia’s recent history is the Cambodia-Korea Friendship Bridge, a […]
Nestled on the sun-drenched southwest coast of Cyprus, Paphos is a charming city that effortlessly blends history, nature, and Mediterranean flair. It’s a place where ancient ruins overlook sparkling seas and traditional tavernas buzz with the clinking of glasses and the smell of grilled halloumi. Whether you’re planning a cultural getaway, a beach escape, or […]
Prime Minister Hun Manet has reaffirmed that job creation remains a top priority for the Royal Government of Cambodia to drive economic growth nationwide. The Premier made the remarks during a gathering with civil servants, workers, and employees of the Sihanoukville Autonomous Port in Preah Sihanouk province yesterday, on the occasion of the 139th anniversary […]
Some 474,810 foreign tourists visited the Angkor Archaeological Park in the first four months of this year, a year-on-year increase of 12.68 percent, a report from the Angkor Enterprise overseeing the Angkor Entrance Pass Sales showed yesterday. The entrance pass sales generated revenues of $22.2 million, a year-on-year increase of 11.5 percent, read the report. […]
After months of setbacks and stalled progress, three of Cyprus’ biggest public works projects are getting a fresh start. The government plans to re-tender and relaunch work on the long-delayed Paphos-Poli road, the redevelopment of Larnaca port, and the expansion of Nicosia’s ringroad, all by end-2025. These major projects had hit roadblocks after issues with […]
Light foods with a German twist Strictly speaking, the definition of a restaurant is “a place where people pay to sit and eat meals that are cooked on the premises”. This review is slightly different in that it is a roadside establishment that, from the road, looks more like just a takeaway. The kitchen/bar area […]
After nearly 140 years of silence, archaeologists have rediscovered the Temple of Apollo at Frangissa, Cyprus, once thought lost to time, along with fragments of colossal statues and treasures. The site, hidden in a quiet valley south of the village of Pera Orinis near ancient Tamassos, has now re-emerged as a vital link to Cyprus’s religious […]
The average gross monthly earnings of employees in Cyprus rose by 5.3 per cent in 2024, reaching €2,487, according to provisional data released on Wednesday by the state statistical service. In terms of the fourth quarter of 2024 specifically, gross monthly earnings stood at €2,813, up from €2,680 in the same quarter of the previous year. This represents a 5 per cent year-on-year increase. When […]
Marking 26 years in the Association of Southeast Asian Nations (ASEAN), Cambodia reflects on its journey from post-conflict member to active regional contributor. On April 30, 1999, Cambodia joined the ASEAN family and became the 10th member of the bloc, and ever since, the association has always been an integral part of Cambodia’s foreign policy. […]
In recent developments across Southeast Asia, it was reported that eco-tourism and community-based travel initiatives had gained significant momentum entering 2025. It was emphasized by regional tourism boards that a new breed of travelers — increasingly conscious about their environmental impact — was seeking experiences that combined luxury with sustainability. Observers noted that locations such […]
Private sector leaders are optimistic that electric vehicle (EV) usage in Cambodia will surge, as construction of a local assembly plant of Chinese EV giant BYD (Build Your Dream) got underway. The facility is scheduled to officially start operations in early November 2025. The groundbreaking ceremony for BYD Cambodia Co., Ltd., a subsidiary of BYD […]
The requirements which Cyprus must fulfil to be admitted to the Schengen zone have been outlined, with the island said to be five steps away from being able to join. Joining the Schengen zone will effectively abolish border checks between the Republic of Cyprus and 29 European countries, with air and maritime passenger transport to […]
The Ministry of Agriculture, Forestry and Fisheries (MAFF) and the Korea International Cooperation Agency (KOICA) Monday signed a $12 million grant agreement to boost climate-resilient farming by empowering Commune Agriculture Officers (CAOs). The signing ceremony was presided over by Dith Tina, Minister of Agriculture, Forestry and Fisheries (MAFF) and Choi Moonjung, Country Director of KOICA […]