To provide a solar irrigation system for the Kingdom’s first regional nursery in Tboung Khmum province, the Ministry of Environment has signed a Memorandum of Understanding (MoU) with Coca-Cola Cambodia that will provide a system that can irrigate over a million seedlings annually, aiming to meet public demand for trees and promote green spaces. Located […]
In the exacting field of life sciences, where precision is paramount, Efevre Tech emerges as a leader in innovation. The brainchild of Dimitris Kyriakou, a seasoned molecular biologist with a PhD from the University of Cyprus, Efevre has evolved from a personal mission into a global inspiration for laboratory automation. Indeed, Kyriakou’s academic frustrations with experimental errors […]
Professional associations, who are members of the Cyprus Federation of Employers and Industrialists (Oev), this week met with the newly elected president of the European Committee for Electrotechnical Standardisation (CENELEC), Riccardo Lama. According to an announcement by the federation, the purpose of the meeting, which took place on Wednesday, was to introduce the relevant stakeholders […]
Panagiotis Polydoros, Country Manager of Mastercard for Greece, Cyprus, and Malta, used a press conference held this week in Nicosia to underscore Mastercard’s confidence in Cyprus and its vision for a transition to a digital and sustainable economy. Discussing the Cypriot market, Polydoros highlighted that the growth rate of card usage exceeded 17 per cent […]
European low-cost airline Wizz Air on Thursday announced an increase in flight schedules from its bases in Larnaca, Cluj, and Varna. According to the airline’s announcement, this expansion is set to significantly boost its service offerings, bolstering its position as Europe’s most rapidly growing low-cost carrier. “As part of Wizz Air’s commitment to providing exceptional […]
The Cyprus Securities and Exchange Commission (CySEC) and the Department of Accounting and Finance at the University of Cyprus (UCY) on Thursday jointly launched an educational initiative aimed at enhancing financial literacy among the public, especially young people. According to the announcement, this campaign features citizens who have learned from their financial mistakes and are […]
State-owned asset management company Kedipes on Thursday announced cash inflows of €144 million for the first quarter of 2024, with the company also making a record payment of €140 million to the state, bringing the total repayment of state aid to €1.3 billion. The announcement, made in conjunction with the company’s Q1 2024 management results, […]
Deputy Minister of Tourism Kostas Koumis on Thursday said that the strengthening of diplomatic relations between Cyprus and Jordan is helping to significantly lift the island’s tourism sector. In an announcement by the ministry, Koumis emphasised the considerable potential for enhanced collaboration between the two countries’ tourism partners. In the coming days, he explained, a […]
The Cyprus Securities and Exchange Commission (CySEC) and the Department of Accounting and Finance of the University of Cyprus (UCY) have jointly undertaken an interesting educational initiative aimed at financial literacy for the public, especially young people. What sets this initiative apart is that the “trainers” will essentially be citizens who have experienced and learned […]
A significant increase of 12.87% was recorded in the Cyprus Stock Exchange (CSE) during May, mainly driven by the rise in financial companies, which accounted for 77.54% of the monthly trading volume. The weight of Bank of Cyprus and Hellenic Bank stocks was particularly notable. According to a monthly review issued by CSE in the latest […]
German’ysuvex Academy, which provides qualified education and training on topics related to personal protective equipment and occupational safety, will consider choosing Cambodia as a destination for its investment expansion, said its Director Dr. Claus-JurgenLurz. Dr. Claus-JurgenLurz made the remarks after giving a presentation to a Cambodian delegation composed of representatives of the Council for the […]
Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), has encouraged Bayernhafen Nurnberg of Germany to invest in Cambodia in the transport and logistics sectors. The encouragement was made when Sun Chanthol led a delegation consisting of concerned ministries/institutions, the Cambodian Oknha Association, and Cambodia Chamber […]
Cambodia exported more than 110,000 tonnes of dry rubber in the first five months of 2024, an increase of 2.43 percent in the same period of 2023, according to the report of the General Directorate of Rubber of the Ministry of Agriculture, Forestry and Fisheries. The country earned more than $165 million in revenue from […]
The Ministry of Commerce and the Korea Trade-Investment Promotion Agency in Cambodia have pledged to strengthen trade promotion initiatives and bilateral collaboration to enhance economic ties between the two nations. The remarks were made during a meeting held on Wednesday at KOTRA Office in Phnom Penh between Samheng Bora, Secretary of State and Yun Hacheong, […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) on Wednesday met Dr Andrea Heilmaier, Deputy Governor of Nuremberg City and discussed means to boost trade connectivity, investment flow and business activities between the two countries. Chanthol reached Germany on Wednesday after his two-day successful visit to […]
Sok Siphana, Senior Minister in charge of Special Missions and Chairman of the Trade Policy Advisory Board (TPAB), on Monday-Tuesday held a series of meetings with key international institutions during his official mission to Geneva, Switzerland, as the High Representative of Prime Minister Hun Manet to the 60th Anniversary of UN Trade and Development (UNCTAD). […]