Cambodia earned over $549 million from rubber and rubberwood exports in the first nine months of 2025, marking a more than 38 percent increase compared to the same period last year, according to a report by the General Department of Rubber. The report released yesterday stated that in the first nine months of 2025, Cambodia […]
Cambodia exported more than $9 billion worth of goods to the United States in the first nine months of 2025, reaffirming Washington’s position as the Kingdom’s largest export market, according to the latest data from the General Department of Customs and Excise (GDCE). Bilateral trade between the two countries totalled $9.56 billion during the January-September […]
The International Monetary Fund (IMF) expects a higher growth rate for Cyprus for 2025 and 2026 in its October edition of the World Economic Outlook (WEO) compared with the estimates included in the April edition. Specifically, it projects that the growth rate will reach 2.9% of GDP in 2025 and 2.8% in 2026, compared with […]
Proceeds will support Cyprus Institute of Neurology & Genetics Low-cost carrier Wizz Air on Monday announced that it has partnered with Telethon Cyprus as the official airline for the charity trip “On the Wings of Hope”, which will take participants to London this year. The four-day trip is scheduled from November 28 to December 1, 2025, combining […]
Cyprus will host one of the most significant events in the European tourism and hospitality industry this year, as the 91st General Assembly of HOTREC is set to take place in Paphos from October 16 to October 17, 2025. According to an official announcement, this high-profile event represents a landmark gathering for members and official representatives of HOTREC, the […]
Cyprus economy set for 2.9 per cent growth in 2025, IMF reports Finance Minister Makis Keravnos welcomed the International Monetary Fund’s (IMF) latest forecasts on Wednesday, saying they confirm both government projections and the continued strong performance and resilience of the Cypriot economy. Speaking after a cabinet meeting at the Presidential Palace, Keravnos said he was pleased with the IMF’s October […]
Hadjimanolis highlights Cyprus unity, stability and maritime strength Cyprus marked the 65th anniversary of its independence with a celebratory event in London earlier this week, where Deputy Minister of Shipping Marina Hadjimanolis spoke on a number of key issues, including the island’s maritime sector. Specifically, Hadjimanolis highlighted the island’s continued efforts toward reunification, its role as a pillar of stability […]
The Electricity Authority of Cambodia has issued a new decision amending Article 1 of the Electricity Authority of Cambodia’s decision No. 120.Sr.25.Aok dated July 7, 2025, on determining the list of charging fees for electric vehicle charging stations in Cambodia. The document lists three different charging rates: AC charging: 1,050 Riel/kWh DC Fast Charge (up […]
The EU’s readiness for issues related to artificial intelligence must be constantly renewed with new information, new skills and continuous improvement of models, Christos Ellinides, Director-General of the European Commission’s Directorate-General for Translation (DGT) suggests. The Cypriot official was in Nicosia recently for a conference entitled ‘Empowering Europe with AI: The European Commission AI-based Multilingual […]
The Finance Ministry’s debt management office will hold a public auction of €25 million in treasury bills on October 20, 2025. The auction will cover bills with a 13-week maturity and will take place from 08:30 a.m. to 11:30 a.m., the debt management office said. In a notice published in the official gazette of the Republic on Friday, the […]
Here are the top business stories in Cyprus from the week starting October 6: One of the government’s main goals, the qualitative and further strengthening of the Cypriot ship registry, has been achieved, president Nikos Christodoulides said on Sunday evening. Speaking at a dinner at the presidential palace marking the start of the Maritime Cyprus 2025 […]
TOKYO — With 40 years having passed since the 1985 Plaza Accord, the Cambodian riel currency has fought back from the brink of being weeded out by the domestic dominance of the U.S. dollar amid the Southeast Asian country’s delayed development blamed on oppression by the dictatorial Pol Pot regime and civil war.
The European Union stands ready to support the transformation of shipping into an industry with cleaner fuels, energy efficiency and innovation, European Commissioner for Fisheries and Oceans, Costas Kadis, has said. He was speaking at the Maritime Cyprus 2025 Conference in Limassol on 8 October. This year’s theme, ‘Unlocking the future of shipping’, he said, aligns well with the […]
The Association of Cyprus Banks (ACB) on Thursday announced that Panicos Nicolaou, chief executive officer at the Bank of Cyprus, has been appointed as its new president following the most recent meeting of board of directors. Demetris Shacallis, chief financial officer at Eurobank, has been appointed vice-president. According to the association’s statutes, both the president and vice-president will serve […]
Eurobank reaffirmed its commitment to supporting Cyprus’ new generation of entrepreneurs, standing once again beside the country’s emerging business leaders at the eighth annual “Ge’ neo Epicheirein” Young Entrepreneurship Awards 2025, held on October 8, 2025, at the Presidential Palace. The awards, organised by the Cyprus Chamber of Commerce and Industry (Keve) and Greek magazine Thessalonikis Dromena, were held under the auspices […]
Cyprus President Nikos Christodoulides told businesses this week that their green transition is the route to improved competitiveness, and stressed that Nicosia supports investments that promote energy efficiency. Today, more than ever, Cypriot businesses are called upon to strengthen their role in the green transition, while remaining competitive, adopting responsible and sustainable practices that contribute […]