172 investment projects with a total investment capital of approximately $2.5 billion, planned to create approximately 120,000 jobs, were approved by the Council for the Development of Cambodia (CDC) in the first quarter of 2025. According to a CDC press release on April 8, “In the first quarter of 2025, the CDC registered 172 investment […]
Approximately 1.26 million foreign tourists visited Cambodia in the first two months of 2025, marking a 27.9 percent increase compared to the same period last year, according to a report released by the Ministry of Tourism on April 8. Thailand topped the list of source markets, contributing 351,934 visitors, up 42.2 percent, followed by Vietnam […]
Five key topics related to the investment climate and business operations in Cambodia were discussed during the 2nd Cambodia-Europe Public-Private Sector Dialogue, held on April 7 at the Council for the Development of Cambodia (CDC) headquarters in Phnom Penh. The event was co-chaired by Sun Chanthol, Deputy Prime Minister and First Vice President of the […]
Paphos remained the leading district for property sales to foreign buyers in Cyprus during March 2025, recording 204 transactions and outperforming all other regions, according to figures released by Leptos Group on Wednesday. Limassol followed with 172 sales, while Larnaca recorded 152, Nicosia 54, and Famagusta 25 transactions to foreign purchasers. International demand for Paphos properties surged […]
Larnaca and Paphos airports handled 707,304 passengers in March 2025, marking a 5.91 per cent rise compared to the same month last year. It was the strongest performance ever recorded for the January–March period, with total traffic up by 6.79 per cent year-on-year. According to the Transport Ministry, Larnaca airport posted a 15.17 per cent […]
Cyprus’ general government recorded a surplus of €654.2 million in the first two months of 2025. This represents 1.9 per cent of the country’s Gross Domestic Product (GDP), according to preliminary fiscal results released by the state statistical service on Tuesday. This marks a notable increase compared to the corresponding period in 2024, when a […]
Cyprus is stepping up its push to join the Schengen zone, a development seen as critical for reinforcing the island’s appeal to investors and simplifying cross-border activity for companies. Alongside Ireland, Cyprus remains one of only two EU member countries outside the passport-free travel area. However, president Nikos Christodoulides has made clear that the country […]
The recently held Capital Link Cyprus Business Forum focused on the progress, opportunities, and developments related to the Cypriot economy. The event, held at the Metropolitan Club in New York City, was sponsored by Hellenic Bank, a member of the Eurobank group. The forum aimed to highlight the prospects of the Cypriot economy and attract […]
Prime Minister Hun Manet urged provincial and municipal administrations to continue developing pedestrian streets, also known as Walk Streets, to attract more national and international tourists. The premier stated on Monday at the official inauguration ceremony of the two-storey Morodok Techo Flyover at the Kbal Thnal area in Phnom Penh. He emphasised that these Walk […]
Cambodia has recorded a 67.6 percent increase in the number of Chinese tourists in the first two months of 2025, said the Cambodian Ministry of Tourism’s report released on Monday. A total of 184,372 Chinese visitors traveled to the Southeast Asian country during the January-February period of this year, representing a 67.6 percent increase from […]
The Deputy Minister of Shipping to the President, Marina Hadjimanolis, visited New York between 3 and 5 April as part of efforts to promote and showcase Cypriot shipping. During her contacts, the Deputy Minister presented the advantages of the Cyprus ship registry and maritime cluster, highlighting the investment opportunities offered by the establishment of shipping […]
As part of his engagements in the United States, President Nikos Christodoulides met with the Global Vice President of Sales and Business Development for HPC/Supercomputing at NVIDIA, John Josephakis. As Government Spokesman Konstantinos Letymbiotis noted in a social media post, “NVIDIA is currently one of the world’s leading companies in its field, with a pivotal […]
Cyprus is on a path of progress, with a clear orientation and long-term planning, President Nikos Christodoulides has said. He was speaking at a 4 April working breakfast with senior executives from investment banks, investment funds and venture capital organisations in New York, which is the first organised event in the context of the Cyprus […]
The renovation of the historic Berengaria Hotel in Prodromos is sparking renewed investor interest in Cyprus’ mountain communities, with developers now turning their focus to Platres, Agros and Kakopetria. Speaking to newspaper Politis, the president of the Pasyxe Mountain Resorts Committee, Andreas Mandalas, said that the ongoing renovation of the landmark Berengaria Hotel has become a magnet for fresh investment, […]
The Embassy of Pakistan in Cambodia organised a vibrant Food and Sports Festival on April 5, 2025, at the Phnom Penh’s 360 Badminton Club to mark Pakistan’s National Day. The event brought together members of the diplomatic corps, officials from various ministries of the Royal Government of Cambodia, and members of both the Pakistani and […]
Hun Mana, Chief of Samdech Techo Medical Team, led a group of volunteer doctors to examine and treat 1,414 people for free at Kbal Damrey Secondary School, Kin O’Kreang Senchey District, Kratie Province. The ceremony was also attended by Var Thorn, Governor of Kratie Province, and many other authorities of O’Kreang Senchey District. On that […]