Synopsis: Mr Hun Sen urges Saudi Arabia to consider investing in agriculture and agro-industry, especially in processing agricultural products for export. Cambodia and Saudi Arabia Tuesday expressed commitment to enhance bilateral relations by strengthening cooperation in the areas of economy, trade, and investment, as well as establishing direct flight connections between the two countries. Strengthening […]
The Cabinet has approved the establishment of a National Mechanism for the Control of Foreign Direct Investments, with the main goal of protecting national security and public order. This is, as stated at the beginning of the Cabinet’s meeting by the President of the Republic, Nikos Christodoulides, a particularly important decision, an institutional reform, within […]
The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced that it has awarded a total of €1,000 to two university students in Cyprus as part of its annual academic prize initiative. The awards are part of a programme aimed at promoting financial literacy among young people and are granted each year in memory of CySEC’s first Chairman, the late Frixos Sorokkos, […]
CNP insurance firms rebrand as ERB Cyprialife and ERB Asfalistiki Cypriot insurance providers CNP Cyprialife and CNP Asfalistiki have officially been renamed ERB Cyprialife and ERB Asfalistiki, according to an official statement released on Wednesday. The two companies said that this “marks the beginning of a dynamic new chapter in their long and successful journey”. “This evolution reflects a natural continuation of […]
Cabinet approves national FDI screening mechanism Cyprus has formally approved the creation of a national mechanism for the control of foreign direct investments (FDI), following a cabinet decision on Wednesday. The move aims to strengthen the country’s protective framework, align with European Union standards on national security and transparency, and safeguard strategic infrastructure. President Nikos Christodoulides had […]
As global markets face growing uncertainty, the Cambodia Chamber of Commerce (CCC) is calling on the Kingdom’s private sector to embrace innovation, leadership, and bold transformation. This message took centre stage on Tuesday as the CCC hosted its high-level 2025 Business and Innovation Forum, gathering prominent entrepreneurs, policymakers, and business leaders to chart a resilient […]
A Cambodian financial institution has signed a partnership with a group of international service providers to expand the range of travel, healthcare, and hospitality benefits available to its cardholders, as banks in the Kingdom continue to enhance digital offerings amid rising consumer expectations. A Memorandum of Understanding (MoU), signed on Wednesday, brings together BRIDGE Bank, […]
Limassol is grappling with a serious lifeguard shortage, raising concerns over beach safety as crowds flock to the coast for the summer. Only 43 out of 79 approved lifeguard positions have been filled across the Limassol district, according to Electra Panayiotou, the acting district officer, who spoke to the Cyprus News Agency. At present, just […]
Muse Group’s journey from guitar tabs to global music tech leader From its humble beginnings as a guitar tab-sharing site in 1998, the Muse Group has grown into one of the most influential music technology companies in the world, now reaching over 400 million users. Headquartered in Limassol since 2021, the Cyprus-based company is the […]
Cambodia has taken a step toward climate-resilient development by issuing its first green bond, positioning itself alongside other developing economies which are striving to close persistent financing gaps through sustainable debt markets. This development was highlighted in a new flagship report by the UN Economic and Social Commission for Asia and the Pacific (ESCAP), launched […]
Synopsis: The scheme is in line with the Royal Government’s Pentagonal Strategy – Phase 1, focusing on economic diversification, financial inclusivity, and private sector development. In a major move to support Micro, Small and Medium Enterprises (MSMEs) and large firms in securing much-needed financing, the Credit Guarantee Corporation of Cambodia (CGCC) has launched a $200 […]
The Royal Government of Cambodia will develop a national policy to promote the agro-industrial sector in the western region of the country as part of its efforts to diversify the national economy, Prime Minister Hun Manet said on Tuesday. “I have assigned our policy-making committee to draft an investment policy focused on agro-industrial and industrial […]
Synopsis: Air Cambodia to launch flight service to Osaka and Tokyo with one stop in China. The State Secretariat of Civil Aviation (SSCA) and Japan’s Ministry of Land, Infrastructure, Transport and Tourism signed a memorandum of understanding on the flight service operation between Cambodia and Japan. The MoU was signed by Mao Havannall, Minister in […]
Synopsis: Reconnecting flights and opening new air routes have contributed significantly to the growth of air passengers and foreign tourists to Cambodia. Foreign tourist arrivals in Cambodia’s three international airports soared to 1.21 million in the first five months, a 23 percent increase over the 986,435 visitors recorded during the same period in 2024, a […]
Cambodia’s famed Angkor Archaeological Park earned $26.3 million from ticket sales during the first half of 2025, up 8 percent compared to the same period last year, said an official report released on Tuesday. The UNESCO-listed Angkor attracted 567,673 international tourists during the January-June period this year, up 8.7 percent compared to the same period […]
More than 80 projects with a total budget of over €1 billion, extending from the urban fabric of Nicosia to the suburban communities of the province, have been announced by President Nikos Christodoulides. He was speaking at the Nicosia Municipal Theater on 30 June, as part of his tour of Municipalities and Communities of Cyprus. […]