Sihanoukville Autonomous Port (PAS), Cambodia’s largest port, has reported a significant increase of about 25% in revenue in the first six months of this year. According to its second Quarterly Report 2024, PAS generated approximately $52 million in revenue during the first half of this year, an increase of over $10 million compared to the […]
Here are the top business stories in Cyprus from the week starting August 12: A recent study by Freedom24 has shed light on the investment preferences of Cypriots, revealing a strong inclination towards real estate and stocks, with a notable portion of the population refraining from using any investment instruments at all. The survey, which […]
The assets of investment organisations in Cyprus increased by 0.9 per cent during the second quarter of 2024, according to a report released on Friday by the Central Bank of Cyprus (CBC). The central bank’s report showed that the total assets of investment organisations reached €6.85 billion by June 2024, up from €6.79 billion in […]
Valuable offerings were stolen from the Apostolos Andreas church at the central Platy area of Aglantzia, with the Nicosia CID making two arrests this morning, 24 hours after the report was filed. The offerings, mostly golden and silver jewellery placed on the icon of the Virgin Mary, were reported stolen yesterday with police establishing burglary […]
Global space players have chosen Cyprus as the base for the first international space innovation centre, which will build bridges of cooperation in humanity’s effort to return to the moon. The first of its kind International Space Innovation Centre, which is poised to become a hub for groundbreaking research, technological development and international collaboration in space […]
THE Honorary Consulate of Cyprus in Phnom Penh, Cambodia, is delighted to invite Malaysians to discover Cyprus, an island nation nestled in the Mediterranean Sea. Cyprus offers a captivating blend of history, natural beauty, and a thriving economy. Honorary Consul Salah Essa expressed the consulate’s enthusiasm for fostering closer ties and welcoming Malaysians to explore […]
On the occasion of its 8th anniversary, the Institute of Banking and Finance (IBF) Cambodia takes a moment to reflect on its journey and accomplishments over the past eight years. The institute has played a pivotal role in bridging the gap between academia and the banking industry, and in nurturing the next generation of financial […]
The very first Singapore Business Expo 2024 in the Kingdom came to life in Olympia Mall in Phnom Penh on Friday. Showcasing over 40 celebrated businesses, the two-day event also marked the first anniversary of the Singapore Business Investment Forum (SBIF). The SBIF was presided over by Chea Vuthy, Secretary General of the Council for […]
The government is now aiming for the 2024 growth rate to exceed 4%, Government Spokesperson Konstantinos Letymbiotis said, following a flash estimate by the Statistical Service for a growth rate of 3.6% (3.7% when adjusted seasonally and based on working days). In a recent post on X, Letymbiotis notes that the Cypriot economy continues its upward trend, “through […]
GDP growth rate in real terms during the second quarter of 2024 is positive and it is estimated at 3.6% compared to the corresponding quarter of 2023, according to a flash estimate issued by CySTAT. Based on seasonal and working day adjusted data, GDP growth rate in real terms is estimated at 3.7%. This is the […]
On September 26 2024, the city of Limassol will host TEDxMolos Women 2024, an event designed to highlight and celebrate the evolving role of women in leadership. The event, set to take place at the historic Plevsis Hall in the Old Port of Limassol, will run from 18:30 to 22:00, promising an evening of inspiration […]
The assets of investment organisations in Cyprus increased by 0.9 per cent during the second quarter of 2024, according to a report released on Friday by the Central Bank of Cyprus (CBC). The central bank’s report showed that the total assets of investment organisations reached €6.85 billion by June 2024, up from €6.79 billion in […]
KUALA LUMPUR, Aug 16 (Bernama) — Cyprus, an island nation nestled in the Mediterranean Sea, is a holiday and investment destination worth considering, thanks to its rich history, natural beauty, and thriving economy. Consul Salah Essa of Cyprus’s Honorary Consulate in Phnom Penh, Cambodia, highlighted Cyprus’s appeal to holidaymakers and investors from Asia, including Malaysia, inviting them to explore […]
PHNOM PENH – Masahiko Metoki, Director General of the Universal Postal Union (UPU), has reaffirmed the UPU’s continued support for the postal sector in Cambodia. During a courtesy call on Cambodian Prime Minister Hun Manet at the Peace Palace in Phnom Penh yesterday, Masahiko praised the progress and success of the project to modernise postal operations […]
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries has surged by 16.8 percent to reach a remarkable $19.87 billion in the first seven months of this year, a report from the Ministry of Commerce showed yesterday. The Kingdom’s RCEP trade accounted for 62.9 percent of Cambodia’s total trade volume during the period. From […]
Vietnam remained the second biggest export market of Cambodia after the US in the first seven months of the year buying goods worth $2.2 billion from the Kingdom, a rise of 37.7 percent compared to the same period last year, according to the latest trade data from the General Department of Customs and Excise (GDCE). […]