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 […]
Revenue from tourism in Cyprus rose by 9.6 per cent in June 2025, reaching €422.3 million compared with €385.2 million in the same month last year, according to the state statistical service (Cystat). For the first half of the year, tourism revenue climbed to €1.38 billion, up 21.3 per cent from €1.14 billion in January–June 2024. At […]
PHNOM PENH (Xinhua): Cambodian Prime Minister Hun Manet has announced that the Angkor Wat has been ranked as Asia’s most attractive tourist destination by TripAdvisor.
The University of Nicosia (UNIC) is one of the four private academic institutions—and the first from Cyprus—to secure a license to operate in Greece, as announced by the Ministry of Education and Religious Affairs. The University of Nicosia will open its doors in Athens in October. It will initially operate six schools: Medicine, Humanities and […]
On a recent trip to Cyprus, I had dinner at Rous, in Nicosia, where I noticed a subtle print spanning an entire wall of the foyer. It was a timeline of the Mediterranean island’s history. On one end was the settlement of Cyprus by Paleolithic hunter-gatherers. On the other was Independence Day, August 16, 1960. The […]
The preliminary General Government fiscal results, which are prepared by CySTAT, indicate a surplus of €840.6m (2.4% of GDP) for the period of January-July 2025. The surplus that was recorded during the period of January-July 2024 was of €911.7m (2.7% of GDP). During the period of January-July 2025, the total revenue increased by €391.7m (+4.8%) and amounted […]
Angkor Archaeological Park, the most attractive tourism landscape in the Kingdom, received 669,619 foreign tourists in the first eight months of this year, up 2.72 percent, a report from the Angkor Enterprise overseeing the Angkor Entrance Pass Sales showed on Monday. The entrance pass sales generated revenues of $31 million, a year-on-year increase of 2.42 […]