Cambodia exported a staggering $527 million worth of car tyres, up 173 percent compared to the $193 million recorded during the same period last year, the General Department of Customs and Excise report showed. The growth is attributed to the increasing presence of car tyre factories in Cambodia and reflects the diversification of exports to […]
The opening of Salina Park, Larnaca’s newest urban green space, has been delayed by two months due to the summer heatwave. The park, which was originally slated for completion in August, is now expected to open in October. Mayor Andreas said that the contractor was granted justified extensions due to the extreme weather conditions. The 14,000-square-meter park […]
The Startup World Cup Nicosia Finals 2024 concluded this week, with DISPL, a Cyprus-based startup leveraging AI technology for real-time offline marketing automation, taking home the top prize. The event, which showcases the island’s growing role in global technological advancement, saw startups from across the country competing for a chance to represent Cyprus at the […]
The Business Society Accelerator (BSA) recently hosted a fireside chat titled “Pioneering Success: Business and Beyond,” featuring biotech entrepreneur Marianna Prokopi-Demetriades. The event, organised in collaboration with RSEVEN, Theramir, RSL Labs, and other partners, offered valuable insights into entrepreneurship, innovation, and leadership. The evening began with Efi Philippou, a core member of the BSA team, […]
President of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides on Thursday called on tourism professionals to promote peace through high-quality services. He also encouraged tourism sector stakeholders to present Cyprus as a peaceful and progressive destination ahead of World Tourism Day on September 27. In his statement, Michaelides stressed the connection between tourism and peace, […]
The Paphos Regional Tourism Board (Etap) has announced the return of free tours to the Akamas communities for the next three months, aiming to highlight points of interest and boost visitor numbers. According to the announcement, this initiative is part of the support measures for the Akamas communities announced by the President of the Republic […]
Cyprus and China are signing on Thursday an inter-state agreement in the aviation sector aimed at liberalising flights between the two countries. The deal, to be signed in Nicosia, seeks to enhance air connectivity for both leisure and business travellers. The Memorandum of Understanding (MoU) and intergovernmental agreement will be signed by Han Zhu, Deputy […]
In addition to a new Electronic Travel Authorization (ETA) system, Thailand has proposed a new ‘Six Countries, One Destination’ (6-in-1) visa plan for travel by foreign tourists including Cambodia, Laos, Myanmar, Vietnam and Malaysia. Thailand’s Minister of Foreign Affairs, Maris Sangiampongsa, last week gave an overview of his ministry’s plans to the media in Bangkok […]
In addition to a new Electronic Travel Authorization (ETA) system, Thailand has proposed a new ‘Six Countries, One Destination’ (6-in-1) visa plan for travel by foreign tourists including Cambodia, Laos, Myanmar, Vietnam and Malaysia. Thailand’s Minister of Foreign Affairs, Maris Sangiampongsa, last week gave an overview of his ministry’s plans to the media in Bangkok […]
There is so much going on this weekend – we always say it but this weekend is particularly busy wrapping up an eventful September. Limassol in particular is bursting with events and festivals, while Nicosia, Larnaca and even Paphos have a rather rich events agenda as well. Plenty to choose from this weekend! An array […]
Asian Development Bank (ADB), a key development partner for Cambodia, has maintained its growth forecast for Cambodia at 5.8 percent for this year and 6.0 percent for 2025 but revised its earlier inflation projection for this year from 2.0 percent to 0.5 percent. According to the Asian Development Outlook (ADO) September 2024, ADB revised the […]
Honda Motor Co. Ltd., the Japanese automobile giant, has recently confirmed the company’s intentions to expand manufacturing investments in the Kingdom in upcoming periods, following 25 years of successful operations in the country thus far via its local subsidiary N.C.X. Co., Ltd. The decision was conveyed during a meeting between the company’s high-level representatives led […]
‘The EU is committed to its partnership with Cambodia to promote the green and digital transitions and to accompany the Kingdom in its upcoming graduation from Least Developed Country status’ Cambodia’s export to the European Union (EU) continues to surge with export value to the bloc recording $2.9 billion in the first eight months of […]
Deputy Prime Minister Sun Chanthol, who is currently visiting the US heading a Cambodian delegation comprising officials and members of the private sector, has urged leading cloth-makers Levi Strauss & Co to explore the possibility of investment to expand its production scope in Cambodia. Levi Strauss & Co, well-known for their Levi’s jeans and jackets […]
The car market is continuing its upward momentum, with the first eight months of the year living up to the expectations of dealerships and others involved in the market. In the first eight months of 2024, passenger saloon car registrations rose by 13.1% to 26,902 compared to 23,777 in the same period last year. About […]
Cyprus will dispatch a business delegation to Slovakia and the Czech Republic to boost ties and foster collaborations across several sectors, according to an announcement released on Wednesday. These sectors include information, communication, and technology (ICT), financial services, and investment funds. The delegation will host business forums in Bratislava and Prague to facilitate this effort […]