Cambodia attracted fixed-asset investment of US$3.2 billion in the January-June period of this year, up 194 percent from US$1.1 billion recorded in the same period last year, the Council for the Development of Cambodia (CDC) said in a news release on Friday. A total of 190 investment projects have been approved during the above-mentioned period, […]
Cambodia has registered 1,614 electric vehicles (EVs) as of June 2024, said a news release from the Ministry of Public Works and Transport on Tuesday. The news release said the three most popular EV brands in the Southeast Asian country are China’s BYD, Japan’s Toyota, and Tesla. It added that the kingdom had recorded 658 […]
Cambodia exported 338,654 tonnes of milled rice in the first six months of 2024, a year-on-year increase of 2.7 percent, the Cambodia Rice Federation (CRF) said on Tuesday. The milled rice exports earned the Kingdom a total revenue of $247 million, up 7.8 percent from the same period last year, the report said. The Kingdom […]
Hermes Airports, which manages and operates both the Larnaca and Paphos international airports, on Monday announced that it has received an award for its leadership and HR practices. According to the announcement, the HR Excellence Award was awarded to Hermes during the Annual Congress & General Assembly of ACI Europe, which took place last week […]
Approximately 7,000 people in Cyprus work in forex, although the actual number may potentially be much higher than that, according to recently published research from TradeInformer, a business-to-business news and research portal that covers the global retail trading industry. According to the above figure, this means that approximately 1.65 per cent of Cypriot private sector […]
The Cyprus Statistical Service (Cystat) announced on Monday that the total number of vehicle registrations from January to June 2024 increased by 19.2 per cent, reaching 26,250. This represents a significant rise from the 22,021 vehicles registered during the same period in 2023. Focusing on saloon passenger cars, there’s been an increase of 17.2 per […]
Building permit issuance in Cyprus saw a rise of 8.3 per cent in the period from January to April 2024, compared to the corresponding period of the previous year, according to a report released on Monday by the Cyprus Statistical Service (Cystat). According to the report, local authorities issued 2,545 permits in the first four […]
Cyprus has been recognised as a Strong Innovator in the European Innovation Scoreboard for the third consecutive year, according to an announcement released on Monday by the Deputy Ministry of Research, Innovation and Digital Policy. The ministry stated that Cyprus has secured 10th place among EU member states, achieving 106.3 per cent of the European […]
Cambodia has knocked off Ivory Coast to become Vietnam’s biggest supplier of raw cashew nuts. Earlier it was the African nation that held the position. The General Department of Customs of Vietnam made the announcement on Saturday. As per figures in 2024, January to May saw Cambodia take the number one position as Vietnam’s biggest […]
Cambodian Prime Minister Hun Manet stated that France remains one of Cambodia’s largest trade and investment partners among European countries. In the first five months of 2024, Cambodia-France trade volume reached $206.41 million. The premier spoke on Monday during the 2nd Cambodia-France Business Forum opening at Sofitel Phnom Penh Phokeethra. “France remains a key partner […]
Regional Free Trade Agreements such as ASEAN and RCEP, bilateral agreements with China and Korea and bilateral agreements with China and Korea have created massive markets for Cambodia for new investments, said Kith Meng, President of the Cambodia Chamber of Commerce. The Kingdom has been one of the fastest growing economies in the region and […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) on Sunday told the local working groups of Phnom Penh capital to examine the possibility of developing a smart city application (mobile app) aimed at managing the provision of public service, providing information and getting feedback from the […]
PHNOM PENH: The Cambodian Chamber of Commerce, in collaboration with the Kampong Thom-Preah Vihear Chamber of Commerce, recently held a business growth sharing program on July 2nd, 2024, at the Kampong Thom Royal Hotel. The event, titled “Investment opportunities in Kampong Thom,” aimed to connect business owners and provide valuable insights for growth. Over 70 […]
PHNOM PENH – Travelers can expect a truly exceptional duty-free experience at the upcoming Techo International Airport (TIA) thanks to a confirmed partnership between Cambodia Airport Investment Co., Ltd (CAIC), Lagardere Travel Retail, and HSC Group. This collaboration, announced by OCIC, brings together local expertise with global retail standards. Dr. Lim Lina, Oknha Sok Hong (CAIC), […]
CEO of Ask Wire Pavlos Loizou, has hands-on experience in setting up large scale real estate platforms and in repositioning real estate assets, having established and being the head of the real estate platform of Gordian Holdings, having established and being the head of asset management of the real estate management unit (REMU) of Bank […]
Smart Nicosia, a project of innovative technologies and applications enriching the lives of residents and visitors alike, is now just a click away. The municipality invites everyone to discover the city’s vision and conveniences firsthand through its new user-friendly and accessible-to-all website. The new site provides information on air quality, smart waste to know when your […]