Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries reached $22.92 billion in the first eight months of 2024, up 17.2% from $19.55 billion over the same period last year, said the latest report from the General Department of Customs and Excise on Saturday. The country’s trade volume with fellow RCEP members accounted for 62% of its $36.94-billion total […]
Bookings and programs from major European tour operators have officially confirmed what was anticipated as early as July: Paphos is set to maintain its strong visitor numbers into the first two months of autumn. High occupancy rates at tourist facilities, confirmed bookings for September and October, and positive signals from UK-based travel agents all point […]
Here are the top business stories in Cyprus from the week starting September 16: Following the recent announcement of a €30 million investment in premium AA games by Mad Crusader, a Cyprus-based IP incubator, the Cyprus Mail sat down with founder and CEO Yarr Rash to explore the company’s vision. As a leading innovator in the gaming world, […]
Cyprus is in “advanced consultations” with the United Arab Emirates regarding the establishment of a joint company to participate in the share capital of the Great Sea Interconnector, President Nikos Christodoulides said on Saturday. Speaking to Greek television channel Open, he said there is “also interest” on the part of the United States and Qatar. The […]
The story of the bank, committed to serving the nation, reflects that of the island, The history of the Bank of Cyprus is and always will be intertwined with that of the country. This perfect connection was highlighted in a devastating response by the Bank of Cyprus general manager in 1955 when, during a general […]
Deputy Minister of Tourism Kostas Koumis on Thursday said that Cyprus is likely to set a new record for tourist arrivals from France. Speaking during a series of meetings in Paris, where he led the Cypriot delegation at the IFTM 2024 tourism exhibition, Koumis said that Cyprus is poised to surpass last year’s figure of […]
As summer fades, new research has unveiled the best European destinations you can still visit for late-season sunshine. It analysed over 50 countries, focusing on factors such as beach space per person, average temperatures, and daylight hours for September, October, and November to reveal the best autumn and winter holiday spots. Topping the list – […]
The country, which has more 300 days of sunshine a year, has embraced rooftop systems that harness the sun’s energy By Helena Smith in Cyprus The Thriamvos company truck pulls up at noon outside the four-storey building in the heart of Nicosia. It’s the third rooftop installation of a solar-powered water heating system that Petros Mihali and […]
Thousands of tourists are flocking to Cambodia’s icon, Angkor Wat, to witness the famed Autumn Equinox.The event runs from September 21-23. All images: AKP
A high-ranking Cambodian official is highly optimistic that more Japanese investment companies will target Cambodia as their investment hub. Sun Chanthol, Deputy Prime Minister and First Vice President of Council for the Development of Cambodia (CDC), made the remarks in Pursat province this morning while he was presiding over the groundbreaking ceremony for the construction […]
Cambodia exported over $9.2 billion worth of garments, footwear and travel goods in the first eight months of 2024, up 22.8% from $7.5 billion over the same period last year, said a General Department of Customs and Excise’s report yesterday. Garments and textiles accounted for more than $6.8 billion during the January-August period this year, […]
The profitability of the Cypriot banking sector surged in the first half of 2024, with after-tax profits rising to €602.92 million, compared to €345.64 million at the end of March 2024. According to the Central Bank of Cyprus (CBC), net interest income for Cypriot banks reached €1.03 billion by the end of June 2024, a […]
The Cyprus Securities and Exchange Commission (CySEC) is participating in World Investor Week, scheduled for October 7-14, with a strong focus on financial literacy. “Financial literacy empowers citizens to manage their money effectively and make sound decisions regarding their financial activities,” stated Elena Karkoti, a Senior Officer at CySEC. Karkoti pointed out that promoting financial literacy has […]
PwC Cyprus this week honoured the academic achievements of five trainees who distinguished themselves in the associate chartered accountant (ICAEW ACA) examinations. Prominent figures attended the award ceremony at the company’s Experience Centre, including PwC Cyprus CEO, Philippos Soseilos, and Chief People Officer, Anna Loizou, celebrating the trainees’ exceptional academic results. The ceremony saw Georgia […]
Deputy Minister of Tourism Kostas Koumis on Thursday said that Cyprus is likely to set a new record for tourist arrivals from France. Speaking during a series of meetings in Paris, where he led the Cypriot delegation at the IFTM 2024 tourism exhibition, Koumis said that Cyprus is poised to surpass last year’s figure of […]
Prior to the 1970s, most Asian populations were very young. However, this demographic profile has shifted significantly, with several Asian countries now poised to become “super-aged.” Cambodia is well-positioned to capitalize on this demographic change. The country’s population is entering a period of rapid economic growth, fueled by a growing cohort of working-age individuals (30-49). […]