Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC), met with Adam Trina, Founder and President of Montana Fly Co., Ltd., to discuss continued collaboration and investment plans in Cambodia, according to a CDC press release issued Monday. The meeting took place on the morning of May […]
Cyprus and Cambodia are joining forces to redefine travel, trade, and cultural exchange. As Cambodia emerges as one of Southeast Asia’s fastest-growing destinations for tourism and investment, Cypriots are being invited to explore a land of ancient wonders, lush landscapes, and boundless opportunities. In 2023 alone, Cambodia welcomed over five million visitors, many drawn to […]
Hello May, hello spring festivals. Over a dozen festivals are about to pop up and add colour and life to every corner of the island. Here are some not to be missed! Calling all caffeine lovers is the Cyprus Specialty Coffee Festival on today in Larnaca. Taking over the Municipal Gardens are more than 10 Cypriot coffee […]
The most expensive property transaction in Cyprus during March was recorded in Nicosia, where an office building in Ayioi Omologites sold for 29.3 million euros ($31.7 million), according to a report by property analytics firm Ask Wire. The top 10 property sales across Cyprus in March totalled 56.5 million euros, with Larnaca recording four transactions among the […]
The Industrial Turnover Index in Cyprus rose by 4.3% in February 2025 compared to February 2024, reaching 130.4 units, the Statistical Service of Cyprus (CyStat) announced on Monday, the base for comparison being 100 points in 2021.
Cyprus’ banking sector has undergone a profound transformation since the 2013 financial crisis, marked by sweeping consolidation, branch closures, and a rapid shift towards digital banking. Since 2013, several key players have exited the scene. Laiki Bank and the Cooperative Bank have both shut down. Hellenic Bank, which absorbed the Cooperative, is now part of […]
The National Bank of Greece (Cyprus) posted a net profit after tax of €13.6 million for 2024, marking a 143 per cent increase compared to the previous year. According to the bank’s annual results, total assets rose to €1.2 billion, a year-on-year increase of 123 per cent, attributed to “growing customer trust and the enhanced market presence of the bank”. Moreover, the […]
Limassol leads in real estate value, Nicosia in transaction growth The total value of all real estate transactions in Cyprus reached a record-high €5.71 billion in 2024, reflecting a modest one per cent increase compared to 2023, according to a report released on Monday by PwC Cyprus. The firm also noted that the total number of transactions decreased slightly to 23,900, representing a […]
Work on the second phase of development at Larnaca and Paphos airports is officially underway, with the projects expected to boost the combined annual capacity of the two hubs to more than 17 million passengers. According to an announcement by Hermes Airports, the upgrades represent a total investment of €170 million, to be fully funded by the airport operator. Maria Kouroupi, Director of […]
PHNOM PENH, May 5, 2025: On the morning of May 5, 2025, Cambodian Senate President Samdech Techo Hun Sen led a high-level delegation from Cambodia to depart for Indonesia, where he will stay until May 7. Following this, he will continue his visit with an official delegation to the Democratic Republic of Timor-Leste from May […]
Phnom Penh, Cambodia – The capital city has achieved significant recognition, placing second in a recent survey by VISA2FLY, which assessed the world’s most attractive nightlife destinations. This accolade comes on the heels of the successful pilot operation of the Chaktomuk pedestrian street, which has drawn both local and international tourists to experience a vibrant […]
After holding virtual preparatory talks early this month, Cambodia and the United States have agreed to engage in a new round of trade negotiations set to take place on May 14-15 in Washington, D.C., said the Royal Government Spokesperson Unit. Both sides will assess progress and opportunities to deepen economic ties. According to a press […]
Prime Minister Hun Manet Saturday urged journalists and all citizens to help promote the positive aspects of Cambodia, especially its tourism sector to attract foreign investors and tourists. Speaking at the 7th annual meeting and solidarity dinner with media leaders, spokespersons, information officers and journalists on the occasion of World Press Freedom Day 2025 at […]
A joint working group meeting Friday reviewed the progress of the construction of Techo International Airport (TIA) which is scheduled to be put into operation in July this year. Mao Havannall, Minister in Charge of the State Secretariat of Civil Aviation (SSCA), chaired the meeting with the participation of senior management officials of Cambodia Airport […]
Cambodia and Iran Friday agreed to boost long-term economic cooperation especially in the spheres of petrochemicals, nanotechnology, aerospace, refinery, construction and infrastructure development that include building new roads and ports alongside promoting bilateral investments and examining the feasibility of opening direct flights from Tehran to Phnom Penh. This came as Sun Chanthol, Deputy Prime Minister […]
Dr Nakis Antoniou, President of the Larnaca Chamber of Commerce & Industry, examines the dynamic changes and investments being made in the city, which are set to transform it into a vibrant and modern urban centre. In a recent interview with GOLD magazine, Antoniou talks about the planned redevelopment of Larnaca Port and Marina, interest […]