Salamis Tours (Holdings) Public Ltd has issued assurances regarding its employment policy amidst a potential acquisition by E.V.H. Investments Ltd. E.V.H. Investments Ltd has been steadily increasing its stake in the company, aiming for a potential full acquisition. The company confirmed that no adverse effects on its operations or interests would arise if E.V.H. proceeds […]
The Ministry of Commerce (MoC) recently convened an internal meeting to evaluate the draft of Cambodia’s Digital Trade Policy for the period 2025-2030. This initiative aims to promote digital inclusivity and enhance the nation’s integration into the global market. The meeting, held on Wednesday, January 15, 2025, was presided over by Reach Ra, Secretary of […]
King Father Norodom Sihanouk devoted his life to Cambodia’s political independence and was committed to economic development. In March 1955, he gave up the throne to his father, Suramarit, to deepen his involvement in governance. He formed a political party, won the general election, and became prime minister to lead the government. Sihanoukville is a […]
The Ministry of Public Works and Transport (MPWT) reported a big jump in registration of electric vehicles (EVs) in 2024, thanks to the support of people and the gains of population among users. In 2024, there were a total of 2,253 registered EVs, an increase of 620 percent over 2023, which registered new EVs of […]
The first of three state projects announced for Larnaca Marina following the termination of the previous contractor’s agreement has officially entered implementation phase. Transport Minister Alexis Vafeades announced after Wednesday’s Cabinet meeting that €1.5 million has been approved for dredging and renovation works at Larnaca Marina. The works are deemed essential for the marina’s safe […]
The Cabient has approved the expenditure of €1.5 million for dredging and renovation works at Larnaca Marina. As announced by the Minister of Transport Alexis Vafeades after the end of the Cabinet meeting, these works are deemed necessary for the safe operation of the marina and the safe entry and exit of boats to the […]
The development lays the foundation for enhanced security cooperation with the incoming administration, reflects the long-term shared objective of bolstering interoperability In a landmark decision that underscores the growing strategic depth of US-Cyprus relations, President Joe Biden issued a presidential determination, officially including the Republic of Cyprus in three critical US defense programs. This significant […]
The Cyprus federation of employers and industrialists (Oev) has announced the opening of applications for the 18th Cyprus Innovation Award Competition. “This longstanding event celebrates the ingenuity and creativity that characterise Cypriot businesses and organisations across various sectors,” the federation said in a statement. Supported by the Deputy Ministry of Research, Innovation and Digital Policy, […]
The Research and Innovation Foundation (RIF) has initiated a consultation for a new €10 million funding programme. The new programme, titled ‘STEP: Setting up facilities and production lines for manufacturing new innovative products or services’, is open to Cypriot companies of all sizes. It aims to bolster the development of critical technologies across a number […]
Phnom Penh: Former Prime Minister and current Senate President Samdech Techo Hun Sen commemorated the 40th anniversary of his election as Chairman of the Council of Ministers—now known as Prime Minister—on January 14, 2025, a milestone marking his long-standing leadership in Cambodia. In a post on social media, Samdech Techo Hun Sen stated, “Today marks […]
Phnom Penh: The Council for the Development of Cambodia has approved investment projects projected to create approximately 320,000 jobs across nearly 500 initiatives throughout 2024. Economists assert that this growth signals promising economic trends and job opportunities, indicative of Cambodia’s political stability under the leadership of the 7th Royal Government. Dr. Chheang Vannarith, Founder and […]
Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, will pay an official visit to the Republic of the Philippines in February, according to a news release from the Ministry of Foreign Affairs and International Cooperation. The full agenda of his official visit has not yet been revealed, but the Ministry of Foreign Affairs […]
For the period January – December 2024 average total government employment reached 54,314 persons, marking an increase of 1,615 persons (3.1%) compared to the corresponding period of 2023, according to data released by CySTAT. This increase is mainly attributed to the increase of the Educational Service casual staff, due to the abolition of the purchase […]
The Natural Gas Infrastructure Company (ETYFA) will issue a tender to select the next destination of the ‘Prometheus’ “floating liquefied natural gas (LNG) unit, as stated by Energy Minister George Papanastasiou. He also noted that the ship will remain in Malaysia for another two to three months to undergo necessary modifications while awaiting key components. […]
Andreas Demetriades, chairman of the Association of Large Investment Projects, emphasised the critical role of foreign investment in Cyprus’ development sector during the 2025 forecast presentation this week. He stated that foreign investment is not only beneficial but essential, explaining that it “drives liquidity, creates skilled jobs, and transfers valuable know-how to Cyprus—key factors in […]
The first official session of the advisory committee for strengthening the competitiveness and quality of the Cyprus flag was held in Athens this week, attended by Deputy Minister of Shipping Marina Hadjimanolis. According to an announcement, the meeting aimed to “refine strategies that enhance the global standing of the Cyprus flag amidst ongoing challenges in […]