Cambodia has earned a total of $1,462 million from paddy rice and milled rice exports in the first eight months of this year, a report from the Cambodia Rice Federation (CRF) showed on Tuesday. From January to August of this year, the Kingdom shipped a total of 472,803 tonnes of milled rice to 66 destinations […]
Cyprus is heading towards a new record in tourism revenues, a fact that demonstrates the great potential, and also the resilience of the sector, which despite the challenges, continues to contribute significantly to the Cypriot economy. According to the results of the traveler survey published by cySTAT, tourism revenues in June 2025 amounted to €422.3 million, […]
Cyprus’ new push to bring home skilled professionals living abroad is already showing strong results. Within just two weeks of launching, the “Minds in Cyprus” platform drew more than 300 registrations from Cypriots working in 23 different countries. Most interest so far has come from the United Kingdom, where the government held a promotional event […]
Patsalides calls for broader cooperation with Eurosystem partners Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has stressed the importance of Cyprus’ active role within the Eurosystem, highlighting both the responsibilities and opportunities stemming from participation in Europe’s financial architecture. In an article published by Philenews, Patsalides reflected on the symbolism of Frankfurt’s Iron Bridge, which […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC), led a delegation of 17 companies to China to explore investment opportunities as well as participate in the 25th China International Fair for Investment and Trade (CIFIT) in Xiamen, Fujian province, from September 7-12. The delegation was received […]
Cambodia has taken a big leap in its clean energy transition with the recent approval of two more wind energy projects, signalling a new era for renewable energy in the country. Figures from the Council for the Development of Cambodia (CDC) showed that two more wind energy initiatives of wind energy have been approved in […]
EIB backs new charging network The registration of hybrid and electric vehicles in Cyprus experienced a robust rise in the first eight months of 2025, according to a report released on Monday by the state statistical service. The report showed that the share of electric cars increased to 4.8 per cent in January-August 2025, up […]
The much-anticipated opening of the $1.5 billion Techo International Airport today is expected to recast Cambodia’s global connectivity and future economic growth. The airport will begin flight operations today, with an official inauguration scheduled for October 20. The Techo International Airport, a landmark aviation project, stands on 2,600 hectares of land spanning Prek Sleng commune, […]
Cambodia received 491 investment projects in the January-August period this year, a year-on-year increase of 414 projects in the same period last year, a report from the Council for the Development of Cambodia (CDC) showed yesterday. The investment projects registered a total asset of $7.2 billion, a year-on-year increase of 50 percent, stated the report. […]
Cyprus is on track to surpass last year’s record tourism revenues and arrivals, after posting the strongest growth among its Euro-Mediterranean peers in the first half of 2025, as mentioned in Philenews. The statistical service said tourism revenues rose by 21.3 per cent year-on-year in the first six months, reaching €1.38 billion compared with €1.14 […]
Cyprus recorded significant growth in tourism revenue during the first half of 2025, reaching €1.378 billion compared to €1.136 billion in the same period of 2024, representing an annual increase of 21.3%, according to Statistical Service data. June 2025 records €422.3 million with 9.6% monthly increase June 2025 alone generated €422.3 million in tourism revenue, marking a […]
Have you ever wondered what it would be like to live in one of the most beautiful villages in Europe? Lefkara, with its cobblestone streets, colourful window shutters and fragrant courtyards, looks as if it has stepped out of a postcard from another era. And yet, it manages to combine the charm of the past […]
Cambodia and Japan have reaffirmed their commitment to strengthening economic ties and improving the investment climate, following the 30th Meeting of the Cambodia-Japan Joint Committee held on Wednesday at the Council for the Development of Cambodia (CDC). The meeting was co-chaired by Deputy Prime Minister Sun Chanthol, First Vice Chairman of the CDC, and Ueno […]
Toyota Tsusho Corporation will launch its academy with special focus on the production of vehicle spare parts, accessories and skill development during the initial months of the next year, said a top official of the company. This was highlighted as Cham Nimul, Minister of Commerce, attended a working breakfast with senior executives of Toyota Tsusho […]
Dr. Praeng Jalsa, the Royal Government of Cambodia delegate in charge of the General Director of Electricite du Cambodge, has confirmed that Cambodia plans to launch its first 150-megawatt wind power plant in Mondulkiri province in 2026, for which an agreement has already been signed. This statement by Dr. Praang was made at a meeting […]
The Royal Government yesterday gave its in-principle approval to designate nearly 2,000 hectares of land in Lumphat District, Ratanakiri province, for the development of a new airport. The project, stated to proceed through a public-private partnership (PPP) mechanism, a model the government has increasingly adopted for major infrastructure initiatives, will be built on 1,905 hectares […]