Here are the top business stories in Cyprus from the week starting August 4: Cyprus recorded the lowest annual inflation rate among eurozone countries in July 2025, with consumer prices rising by just 0.1 per cent year-on-year, according to preliminary data released by Eurostat. This represents a further slowdown compared with the 0.5 per cent […]
On 29 July 2025, ABA Bank and the Credit Guarantee Corporation of Cambodia (CGCC) signed two credit guarantee agreements: Economic Stimulus Guarantee Scheme (ESGS) and Rice Export Guarantee Scheme Phase 2 (REGS 2). The signing ceremony was held in the presence of Bibhu Pandey, Chief Credit Officer of ABA Bank, No Lida, Chief Executive Officer […]
The Cyprus Institute of Neurology and Genetics (CING) has officially joined the European research project PoCCardio, a major initiative focused on improving the prediction and prevention of myocardial infarctions. The project, titled Personalised Medicine by using an Advanced Point-of-Care Tool for Stratified Treatment in High Risk Cardiovascular Patients, brings together leading institutions across Europe to develop […]
Synopsis: Cambodia’s exports to the US exceeds $5.5 billion in the first six months of 2025, marking a 25.6 percent increase compared to the same period last year. The Royal Government Friday formally announced the implementation of a zero percent customs tariff on goods originating from the United States, aimed at boosting bilateral trade and […]
Signals were already evident in 2024 and now, with the tourist season at its peak, it is definitively confirmed that Poland constitutes by far the second main source of tourist flow after the United Kingdom for Paphos in 2025. Official arrival data, flights from the country’s airports and bookings show that this Central European country continues from […]
Len was born in Buchhob village and finished high school in 2016. He earned a bachelor’s degree in hotel and tourism management from International University in Phnom Penh in 2019. Len chose the major after realizing the untapped tourism potential in his hometown and the limited number of hotels and resorts in the area. He […]
The new Techo International Airport will conduct a test flight of the A320 wide-body aircraft on August 15, 2025, and two other wide-body aircraft early next month, according to Oknha Charles Vann, Managing Director of Cambodia Airport Investment Co., Ltd. His statement was made during the ceremony to move the Buddha Statue , made of […]
CYBERJAYA, Aug 8 — United States President Donald Trump, Chinese President Xi Jinping, Brazilian President Luiz Inácio Lula da Silva and South African President Cyril Ramaphosa are among the world leaders expected to attend the 47th Asean Summit in Malaysia this October, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who represents Malaysia as Asean […]
Singapore is home to many cultures, ethnic groups and religions. Since the beginning of the 19th century, immigrants from China, India and all over the Malay Archipelago have settled in Singapore in search of a better life and growth to form the multi-cultural society that the island nation is today. Singapore is also described as […]
Both countries are entering a new era, one built on mutual trust, shared prosperity, and common regional objectives. As Cambodia and Singapore mark 60 years of diplomatic relations this year, the two nations are taking bold steps toward a shared digital future. What began as a celebration of long-standing friendship has evolved into a roadmap […]
ASBISc Enterprises Plc on Thursday reported its strongest-ever second quarter, with revenue for Q2 2025 reaching $949.3 million, marking a 47.0 per cent increase compared to the same period in 2024. The company attributed the surge in revenue to the sustained global demand for servers and server components, driven by the ongoing boom in AI-driven […]
The National Police has launched a 24/7 emergency hotline service for foreigners. Expats, tourists and diplomats can dial either of 031 201 2345, 031 601 2345, or email hotinfocnp@police.gov.kh round-the-clock to seek immediate help. General Sar Thet, National Police Chief, said details of the new service have been shared with embassies and consulates. Gen Thet said that […]
The Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited on Thursday announced the appointment of Georgios Syrichas as an independent, non-executive member of the Board of Directors. According to a filing to the Cyprus Stock Exchange (CSE), the appointment was approved by the European Central Bank on August 6, […]
Scaling internationally, staying independent, and how Cyprus can build a citizen-first digital future Founder and Managing Director of Capacitor Partners, Michael Tyrimos, has successfully scaled his consulting firm from a one-person startup to an international enterprise operating across Greece and Malta. In this interview, Tyrimos shares insights on strategic expansion, the importance of maintaining autonomy […]
The Cyprus Stock Exchange (CSE) on Thursday announced the listing of additional shares for Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the CSE, the listing concerns 8,573 additional ordinary shares with a nominal value of €0.10 each, issued and granted to members of the company’s executive management team […]
Synopsis: Minister Ponea urges officials to uphold the ministry’s vision on delivering efficient and business-enabling infrastructure across the country. The Ministry of Public Works and Transport (MPWT) Tuesday called for efforts to accelerate the development of strategic infrastructure, aimed at boosting national connectivity, improving logistics efficiency and reinforcing investor confidence in long-term economic growth. Peng […]