In the cruise industry, there’s often a “bigger is better” mentality. In fact, this year, the Royal Caribbean launched the world’s largest cruise ship and announced that its next megaship of the same size would be setting sail next year. There’s no denying that megaships with upward of 7,000 passengers have a lot to offer, but there are tradeoffs […]
The European Commission expects growth in Cyprus to remain robust in 2025 and 2026, according to the Autumn 2024 Economic Forecast which was presented in Brussels on Friday. The Commission expects annual growth in Cyprus to be at 3.6 per cent for 2024, and growth to continue by 2.8 per cent and 2.5 per cent […]
Just 150 kilometers from Phnom Penh, Kampot offers a weekend getaway with French architecture, iconic landmarks, and a taste of Cambodian culture. Kampot is a province in southern Cambodia, located about 150 kilometers from Phnom Penh City and around 60 kilometers from Xa Xia Border Gate in Vietnam’s Kien Giang Province. Known for its old […]
Larnaca municipality on Friday planted 20 palm trees at Kastella Beach in Larnaca as part of an effort to make the area greener and more inviting. In a statement, the municipality announced that the trees were planted “to enhance the area’s greenery, upgrade the beaches and improve the quality of life for residents. This initiative […]
Minister of Commerce Cham Nimul expressed her confidence that a November 12 trade and investment forum will increase UK-Cambodia trade by boosting exports and attracting British direct investment. The “2nd UK-Cambodia Joint Trade and Investment Forum (JTIF)”, held with the theme “The Road to 2030”, was organised in Phnom Penh by the commerce ministry, in […]
❮❯ The Angkor Grace Wellness Resort, a new five-star resort located just minutes from the Angkor Wat Temple Complex, held its grand opening ceremony on November 11, 2024. Located in Siem Reap province, Cambodia’s premier tourist destination, the resort’s opening event was well-attended, with a wide array of distinguished guests, media representatives and the management […]
As part of its efforts to enhance the transportation sector and drive economic growth, the Cambodian government is rolling out plans for the development of eight major railway projects, with a projected total investment of over $10 billion. Experts and economists have highlighted how the expansion of the rail network will play a key role […]
Bilateral trade between Cambodia and Canada is expected to grow further from 2025, as the Canadian government plans to send a business mission to Cambodia next year to explore opportunities for enhancing trade cooperation with the Kingdom. In a meeting with Minister of Foreign Affairs and International Cooperation Sok Chenda Sophea at ministry headquarters on […]
Water Festival attracted a staggering 4.3 million domestic and international tourists during its first two days, according to Minister of Tourism Huot Hak. Speaking to National Television of Cambodia (TVK) on the morning of Saturday, November 16, Hak said that of the total, approximately 60,000 were international tourists. “In Phnom Penh alone, we have had […]
Nearly 350 investment projects were registered with the Council for the Development of Cambodia (CDC) in the first 10 months of 2024, showing an increase of more than 50% year-on-year. These projects are expected to create close to 300,000 jobs, according to the CDC. Sar Senera, deputy secretary-general of the CDC’s Cambodian Investment Board (CIB), […]
Cyprus recorded a record-breaking €3.2 billion in foreign direct investment (FDI) for 2023, according to Invest Cyprus, the agency tasked with driving investments to the island. This figure was reported during the organisation’s annual general meeting on November 14. The meeting took place at the premises of the Finance Ministry in Nicosia, where it unveiled and […]
Property prices in Limassol surged in 2024, with apartment prices up by over 20 per cent and house prices rising by 30 per cent, according to a report from Nicosia-based firm Landbank Analytics. The report, which reviewed data from the Department of Lands and Surveys from January to September 2024, shed light on variations in […]
Some 1,650 international tourists enjoyed boat races, a parade of illuminated floats (Pratip), and fireworks from the tourism pavilion located near the main pavilion in front of the Royal Palace in Phnom Penh on Nov. 14, the first day of the three-day Water Festival celebration. Kuch Panhasa, Secretary of State at the Ministry of Tourism, […]
The Bank of Cyprus said on Thursday it is taking proactive measures to prevent online scams while fake news about a fraudulent lucrative platform linked to the bank have been circulating online. The fraudulent AI platform marketed as the ‘Bank of Cyprus Trading AI Platform’, promises to earn users a guaranteed €15,000 a month, requiring […]
by Richard WhiddingtonNovember 9, 2024 Share This Article Archaeologists conducting safeguarding work on the royal palace at Angkor Thom, a Khmer temple complex in Cambodia, have uncovered 12 sandstone guardian statues. The discovery came during a Cambodian-Chinese initiative to assess the structural integrity of the palace’s north gate, one of four such entrances. In particular, researchers were […]
Two Cypriot villages, Pissouri and Kalopanayiotis, have been named among the “Best Tourism Villages 2024” by UN Tourism. The awards, presented during the 122nd session of the UN Tourism Executive Council, recognised 55 villages from 30 countries, selected from more than 260 applications across 60 member states. The global recognition programme, now in its fourth year, evaluates villages […]