The Cyprus Stock Exchange (CSE) on Thursday announced the listing of additional shares for Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the CSE, the listing concerns 8,573 additional ordinary shares with a nominal value of €0.10 each, issued and granted to members of the company’s executive management team […]
Synopsis: Minister Ponea urges officials to uphold the ministry’s vision on delivering efficient and business-enabling infrastructure across the country. The Ministry of Public Works and Transport (MPWT) Tuesday called for efforts to accelerate the development of strategic infrastructure, aimed at boosting national connectivity, improving logistics efficiency and reinforcing investor confidence in long-term economic growth. Peng […]
Synopsis: Economists view this increase in reserves as a sign of growing macroeconomic credibility. The positive trend reflects both international confidence and strong domestic policy. Cambodia’s international reserves rose sharply in the first half of 2025, reaching $24.8 billion, marking a 10.4 percent increase from the end of December 2024, according to the National Bank […]
Synopsis: The total value of these transactions touched KHR 128.6 trillion (or $32 billion), marking a 62.2 percent increase year-over-year. The National Bank of Cambodia reported a significant surge in transactions in the Bakong digital payment system in both Khmer Riel (KHR) and US dollar transactions. A mid-year report 2025 of the National Bank of […]
Traffic from the UK accounts for 46 per cent at Paphos, 19 per cent at Larnaca Cyprus airports reached an all-time record in July, with a total of 1,653,880 passengers passing through Larnaca and Paphos airports, surpassing even last year’s August peak, according to Hermes Airports. In a post shared on the company’s official LinkedIn page, Hermes […]
Schemes aim to balance housing demand and supply The response so far to the affordable housing schemes has been encouraging, according to Interior Minister Constantinos Ioannou. He also said that the Cyprus Land Development Corporation (Koag) is planning in the coming years to build and release to the market new affordable housing units for sale and rental. Regarding […]
Limassol continued to dominate Cyprus’ high-end property market in the first half of 2025, accounting for six of the ten most expensive transactions nationwide, with a combined value of €105.7 million, according to real estate analytics firm Ask Wire. The highest-value deal during the period was the €44.8 million sale of part of an apartment […]
An Interview with the Executive Director of Freedom24, Evgenii Tiapkin As Cyprus positions itself as a rising fintech hub in Europe, few companies embody this transformation as vividly as Freedom24. A subsidiary of Freedom Holding Corp., Freedom24 has quickly emerged as a key player in the region’s digital finance space, reshaping how retail investors interact […]
Cyprus links geography to global transport and development strategy Deputy Shipping Minister Marina Hadjimanolis reaffirmed Cyprus’ commitment to development approaches that are inclusive and human-centred during her address at the third United Nations Conference on Landlocked Developing Countries in Turkmenistan. She emphasised the importance of ensuring that all communities benefit from growth, particularly women, youth, and marginalised groups. […]
Sun Chanthol, first vice-president of the Council for the Development of Cambodia (CDC), will lead a Cambodian delegation to Australia at the end of the month to promote Cambodia’s investment potential and attract more direct Australian investment to the Kingdom. The plan was announced during an August 6 working meeting at the CDC headquarters to […]
The Ministry of Labour and Vocational Training and Yalong Intelligent Equipment Group Co., Ltd have signed a Memorandum of Understanding (MoU) to establish a framework for collaboration aimed at improving international academic exchanges and fostering cooperation in the field of technical and vocational education and training (TVET). The signing ceremony took place under the high […]
The Cambodia Sustainable Bond Accelerator (CSBA) Programme launched on Aug. 4 its third phase and is now open for applications until Aug. 31, 2025. Launched in early 2023, the CSBA Programme is a joint initiative of the Securities and Exchange Regulator of Cambodia (SERC), United Nations Economic and Social Commission for Asia and the Pacific […]
The official opening ceremony of Cambodia’s premier Machinery & Garment Exhibition was held with great success and honour at Diamond Island Exhibition and Convention Center. The event was presided over by H.E. Hem Vandy, Minister of Industry, Science, Technology and Innovation, who delivered opening remarks highlighting the importance of industrial innovation and regional trade growth. The ceremony welcomed […]
The Cambodian national women’s football team has set the goal of earning points at the ASEAN MSIG Serenity Cup 2025, which kicks off tonight in Vietnam. Meanwhile, the U20 women’s squad is aiming for a strong showing in the opening round of the AFC U20 Women’s Asian Cup 2026 qualifiers, which begin this afternoon in […]
Tourism board of Larnaca seeks to give ancient history a modern twist to appeal to a new generation of visitors At exactly 10am on a warm Saturday morning, I boarded the Doremi, part of the Larnaca Napa Sea Cruises fleet. The sky was cloudless, the sea crystalline, and the wind blowing lightly as the waves lapped […]
Deputy Prime Minister Sun Chanthol, who also serves as the first vice chairman of the Council for the Development of Cambodia (CDC), met with Pavel Fedorov, the CEO and co-founder of Salmon Group, and Maarten Terlouw, the president and co-chief investment officer of the American company Argentem Creek, today to discuss the investment climate in […]