Thailand and Vietnam remain the top sources of international tourists to Cambodia, contributing over three million visitors, or more than 50% of the total international arrivals during the first 11 months of 2024. Data from the Ministry of Tourism shows that the country welcomed six million foreign visitors from January to November, a 22% increase […]
Cambodia’s exports through Special Economic Zones (SEZs) reached $5.4 billion in the first 11 months of this year, a report from the Ministry of Commerce showed yesterday. Chinese-owned Sihanoukville SEZ, located in Preah Sihanouk province, took the lead with a total export of $1.49 billion during the January-November 2024 period, followed by the Royal Group […]
Cambodia’s car tire exports rose 135 percent year-on-year in the first 11 months of 2024, said a Ministry of Commerce’s report on Tuesday. The Southeast Asian country exported car tyres worth $772.5 million during the January-November period this year, an increase of 135 percent from $328.2 million during the same period last year. Penn Sovicheat, […]
Cyprus is set to sign an agreement on Friday with Hermes Airports to extend its management of Larnaca and Paphos international airports, alongside the launch of a major infrastructure expansion project at both facilities. The agreement, already approved by the Central Committee on Changes and Claims (CCCA), will extend Hermes Airports’ concession for an additional […]
Cyprus is set to sign an agreement on Friday with Hermes Airports to extend its management of Larnaca and Paphos international airports, alongside the launch of a major infrastructure expansion project at both facilities. The agreement, already approved by the Central Committee on Changes and Claims (CCCA), will extend Hermes Airports’ concession for an additional […]
The government has signed an agreement with Hermes Airports for a €170 million expansion of Larnaca and Paphos airports, officials said Monday. Work is expected to begin by March 2025. The infrastructure projects will take 30 months to complete at Larnaca airport and 27 months at Paphos airport. Hermes has secured financing from local banks […]
Cyprus’ Composite Leading Economic Index (CCLEI), maintained by the Economics Research Centre (CypERC) at the University of Cyprus, recorded an annual increase of 1.2 per cent in November 2024. This marks the third consecutive month of growth, following similar rises of 1.2 per cent in October and 1.0 per cent in September, according to recently […]
The Paphos Regional Board of Tourism (Etap) has welcomed the signing of a new agreement for the second phase of infrastructure development at Larnaca and Paphos airports. In a statement released following the signing of the new agreement, Etap expressed satisfaction that longstanding operational issues and strategic demands related to Paphos airport are finally being addressed. “For Paphos Airport, […]
Personalisation and sustainability key to marketing success Blackbook Agency founder and managing director Eleftheria Voskaridou spoke with the Cyprus Mail about the future of marketing and the key trends shaping the industry in 2025. With nearly two decades of experience in strategic marketing and communication, she has worked on a range of projects across Cyprus […]
The value of wholesale trade activities in Cyprus saw an increase in the third quarter of 2024 compared to the same period last year, according to the state’s statistical service. The Wholesale Trade Turnover Value Index (Sector 46) recorded a rise of 4.6 per cent during Q3 2024, marking a notable improvement over the third […]
Prime Minister Hun Manet on Friday said that the Council for the Development of Cambodia (CDC) approved 414 investment projects worth $6.90 billion in 2024, an increase of 40 percent compared to $4.92 billion last year. The information was shared during the Premier’s first official meeting with CDC which was participated by Sun Chanthol, Deputy […]
Cambodia attracted 6 million international tourists during the first element months of 2024, a year-on-year increase of 22 percent, a report released by the Ministry of Tourism showed on Monday. According to the report, Thailand emerged as the top source market for foreign tourist arrivals in Cambodia from January to November with 1.91 million visitors, […]
This year’s passenger traffic at Larnaca and Paphos airports has exceeded 12 million people, Hermes Airports has said. “A new historical milestone has been achieved for the international airports of Larnaca and Paphos, as today, Friday, 20 December, passenger traffic exceeded 12 million total passengers for the first time,” Hermes noted in a press release […]
The Turnover Value Index of Wholesale Trade and of trade/repair of motor vehicles during the third quarter of 2024 recorded an increase of 4.6% compared to the corresponding quarter of the previous year. According to figures released by CySTAT, for the same quarter, the Turnover Value Index of Sales and Repair of Motor Vehicles recorded an increase […]
Cyprus has pledged €7.16 million to the International Development Association (IDA) during a meeting held in Seoul, South Korea, on December 5, 2024. The commitment is part of a broader fundraising initiative for the 21st replenishment of the organisation’s resources. According to a statement, a representative of Cyprus announced the country’s contribution in an online […]
Invest Cyprus on Monday announced the signing of a memorandum of understanding (MoU) with the Cyprus Space Exploration Organisation (CSEO). The agency, tasked with the purpose of driving foreign investment to Cyprus, said that the MoU represents “another significant step into the space age” for the island. “This collaboration strengthens Cyprus’ position as an international hub for innovation, investment, and […]