Cambodia’s tourism recovery rate in 2023 was the highest in Southeast Asia at 82.5% of pre-pandemic levels, followed by Malaysia at 77.2%, according to a report by travel research firm Outbox Consulting. Indonesia came in third with a recovery rate of 71.7%, followed by Singapore (71.3%) and Thailand (70.4%). Vietnam achieved its recovery rate of […]
In a collaborative effort aimed at bolstering Cambodia’s workforce and promoting sustainable development, the European Commissioner for International Partnerships Jutta Urpilainen joined representatives from European Union (EU) Member States and Cambodian Minister of Education, Hang Chuon Naron, to inaugurate the EU’s Global Gateway Flagship project, “Education for Green and Digital Jobs”. This flagship initiative, championed […]
The presence of ring roads, an expressway, a river-to-sea canal and a 4-class airport will help the southwestern part of the country to become the logistics hub of the country, said Prime Minister Hun Manet, yesterday. “The government has selected the western part of the country for public investment such as in mega road infrastructure, […]
Prime Minister Hun Manet on Tuesday said that Techo International Airport (TIA) will serve multiple purposes such as attracting international tourists, boosting logistics development and promoting the Kingdom’s popularity worldwide, and the completion of this new airport will have the capacity to facilitate up to 50 million passengers annually. Mr Hun Manet led a high-level […]
The Famagusta Tourism Board (Etap) and businesspeople of the district were at the “ITB BERLIN 2024” international tourism exhibition, held last week, in an effort to promote bookings in Germany. Giorgos Kafkalias, Etap’s official stressed the importance of the German market for Cyprus tourism, as it is the largest market in Europe, with significant scope for […]
The University of Cyprus (UCY) is pleased to announce that applications for admission to its postgraduate programmes (Master and PhD level) for the academic year 2024/2025 have already begun! UCY offers over 100 graduate programmes of study in a wide range of subjects, many which are taught in English. All applications must be submitted online and the deadline is April 2, 2024. Why […]
Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, continued to ask EU representatives to encourage more European investors to come to Cambodia, as the number of European investors is still small. He made the request during a working meeting with Peteris Ustubs, Director for the Middle […]
Prime Minister Hun Manet this morning inspected the construction progress of the new Techo International Airport in Kandal Steung District, Kandal Province. The first phase of Techo International Airport (IATA Code KTI) construction, located in Kandal and Takeo provinces, will finish construction in October this year. The airport’s official commencement is set for mid-2025. All images: […]
The first phase of Techo International Airport (IATA Code KTI) construction, located in Kandal and Takeo provinces, will finish construction in October this year. The airport’s official commencement is set for mid-2025, said sources. According to a report by the State Secretariat of Civil Aviation, the first phase of construction work reached 66.1 percent as […]
Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. Some $545 million, or 39 percent of the total investment capital, was from China […]
Cambodia is committed to connecting the entire country through the 5G network in the near future as the government is pushing for the adoption of the new technology. Chea Vandeth, Minister of Posts and Telecommunication, said this at the First Digital Government Forum and Digital Technology Expo at Diamond Island Convention and Exhibition Centre on […]
Cambodia’s international trade recorded a growth of 19.2 percent in the first two months of this year compared to the same period last year and reached $8.12 billion. While exports surged 22.7 percent to reach $3.98 billion, imports grew by 16.1 percent to reach $4.13 billion, according to the trade data released by the General […]
The Council for the Development of Cambodia (CDC) and Vietnam-Cambodia Business Association (VCBA) discussed ways to strengthen cooperation in the promotion of the Kingdom’s potential sectors especially the agriculture industry – rice and rubber – to Vietnamese businessmen to attract more investments, contributing to the development of the agribusiness. Sun Chanthol, Deputy Prime Minister and […]
Cambodia exported 90,153 tonnes of milled rice to international markets in the first two months of 2024, a decline of 7.2 percent from 97,153 tonnes during the same period last year, according to a report from the Cambodia Rice Federation. The country earned $65.4 million from the rice export during the January-February period, a year-on-year […]
Vehicle registrations increased by 45.0% in January-February 2024, according to the CySTAT report ‘Registration of Motor Vehicles’ for the period January-February 2024. In the meantime, the share of electric vehicles has reached 3.1% and of hybrid cars 36.3%. In February 2024 alone, the total registrations of motor vehicles reached 4,346, marking an impressive increase of […]
Cyprus recorded a surplus of €455.9 million, equivalent to 1.4% of its Gross Domestic Product (GDP), according the preliminary fiscal results released by CySTAT. This represents an increase from the surplus of €368.6 million, or 1.2% of GDP, registered during the same month in 2023. Revenue increased at a faster pace than expenditure in January […]