The Council for Development of Cambodia (CDC) approved 53 new projects worth $1.2 billion in August, generating approximately 33,000 jobs for the local people, said a report yesterday. China remained the top investor in Cambodia, accounting for 84 percent of the total investment capital, a result of the strong economic ties between the two countries. […]
The Cambodia Chamber of Commerce (CCC) and the Korea Chamber of Commerce and Industry (KCCI) are set to meet this week in Seoul to review the progress made on their bilateral cooperation agreement. The meeting will take place just months after the two chambers signed a Memorandum of Understanding (MoU) aimed at enhancing trade and […]
Cyprus has registered the third highest annual growth rate in the European Union in the second quarter of this year, according to new data released by Eurostat. Based on seasonally adjusted data, the Cypriot GDP expanded by 3.7% in Q2 2024 compared with the respective period of last year, the third best performance behind Malta […]
Deputy Minister of Research, Innovation and Digital Policy Dr Nicodemos Damianou was in India on an official visit on 5-6 September, heading a delegation participating in the “CII India Mediterranean Business Conclave” business forum, where he also met with Indian investors interested in doing business in Cyprus. The forum, was organised by the Indian Ministry […]
Cyprus saw an increase of 15.9 per cent in the total number of motor vehicle registrations during the first eight months of the year, totalling 34,391, up from 29,673 in the same period last year. According to the Cyprus Statistical Service (Cystat), motor vehicle registrations in August alone numbered 3,527. This marks a rise of […]
The foundation said that the aim is to strengthen bilateral ties Director General of the Research and Innovation Foundation (RIF) Theodoros Loukaidis recently met with Henrietta Egerth, who leads Austria’s national R&D funding agency, FFG. According to an announcement released on Monday, the meeting took place on September 5, at the FFG offices in Viena, […]
Women in Tech Cyprus and TechIsland are joining forces to host the first-ever Women in STEM Cyprus Forum, set for October 8, 2024, at the Kolla Culture Factory in Limassol. The event, held under the auspices of President Nikos Christodoulides, coincides with Ada Lovelace Day, a global occasion celebrating the achievements of women in STEM (Science, […]
Cyprus has recorded the third highest annual growth rate within the European Union and the second highest in the Eurozone during the second quarter of 2024, according to data released by Eurostat. Seasonally adjusted figures show that Cyprus’ GDP expanded by 3.7 per cent when compared to the same quarter of 2023. This performance placed […]
PHNOM PENH: Kasidej Vasunan, known by his familiar nickname, “Dome,” joined the academy team of the second division Spanish professional football club Real Oviedo after leaving the renowned La Liga Academy. Puth Thyda, who is Dome’s mother and also president of the professional football club Boeung Ket in Cambodia, spoke to Khmer Times in an […]
BBF’s Elena Petropavlovskaya talks about the new development and current market trends In an exclusive interview with the Cyprus Mail, Elena Petropavlovskaya, BBF’s Global Commercial Director, shares key insights into the company’s newest high-end residential project, bbf: eden bay, located in the heart of Paphos. With her extensive experience in the real estate industry, Elena […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) on Saturday led a delegation to explore the Free Trade Zone (FTZ) in Xiamen, a port city located in the southeastern Fujian province, China, aimed at attracting private investments to boost socio-economic diversification in the Kingdom. The Deputy […]
The Techo International Airport (TIA), which recently posted construction progress of over 80 percent, yesterday launched engineering flight inspections. The inspections are conducted from September 8 to 12, Sin Chansereyvutha, Under-Secretary of State and Spokesman at the State Secretariat of Civil Aviation, said. The engineering flight inspections involve a team of aviation experts assessing the […]
The Cambodia Securities Exchange (CSX) reached a total market capitalisation of $2.73 billion by the close of the second quarter in 2024, according to a report released by the Securities and Exchange Regulator of Cambodia (SERC) on Friday. The report highlighted the two types of securities currently traded on the CSX—stocks and bonds. On the […]
The Municipality of Nicosia is offering a free, two-month business accelerator program designed for individuals, groups and existing businesses in the creative and cultural sectors in Cyprus. This initiative, called the Nicosia HUB-IN Accelerator, aims to help participants develop their ideas and grow their businesses, with a focus on preserving and promoting Nicosia’s cultural heritage. […]
Newbustar (Cambodia) Tire Co Ltd, a Chinese-invested car tyre plant in northeastern Cambodia, was launched on Friday after a 16-month construction, according to the Cambodian Investment Board of the Council for the Development of Cambodia (CDC). Speaking at the event, CDC Secretary General Chea Vuthy said the Newbustar (Cambodia) Tire Co Ltd, a subsidiary of […]
The stars are coming to Cambodia from September 15 to 17, 2024, as the iconic Gumball 3000 rally arrives in Cambodia.A host of international stars will grace the event, driving supercars, including former Manchester United and France star Patrice Evra, who will drive a Rolls Royce Cullinan. Famed Youtubers Lazarbeam and Lachlan and Sidemenk will […]