Economists are optimistic that exports to Vietnam will increase significantly in the wake of a Vietnamese announcement that it will grant zero per cent tariff preferences on 28 tariff lines of Cambodian-origin products until December 31, 2026. According to a June 3 notification from the Ministry of Commerce, the new tariff rates are part of […]
In a recent press conference with the Club of Cambodian Journalists (CCJ), Indonesian ambassador to Cambodia Santo Darmosumarto emphasised the potential for increased rice trade between the two nations, while highlighting the challenges surrounding competitive pricing and transportation costs. Indonesia, a major rice producer, maintains a substantial stock of rice for domestic consumption. With a […]
The Ministry of Finance has, in a press release, expressed satisfaction regarding the findings on the Cypriot economy included in the Spring Package of the European Semester 2025, noting that they clearly confirm the steady progress, resilience, and momentum of the Cypriot economy. At the same time, the Ministry reassured that it will continue to implement the government’s economic policy aimed […]
A Certificate of Origin (C/O) is more than just a document; it is a passport that opens the door for Cambodian products to gain credibility and a competitive edge in international markets, according to Ly Khun Thai, President of the Cambodia Confederation of Investors Association (CCIA) and Chairman of the Cambodia Footwear Association (CFA). Speaking […]
Minister of Agriculture, Rural Development and Environment, Maria Panayiotou, has announced the Major Investment Measure of the Common Agricultural Policy (CAP) Strategic Plan 2023-2027, totaling €67.5 million, of which €7.5 million have been earmarked for the first installation of young farmers. In her speech at an event in Athienou on 5 June, Panayiotou also announced the […]
Koumis hails Paphos tourism gains and new sustainability efforts Paphos solidified its position on the global tourism map in 2024, Deputy Minister of Tourism Kostas Koumis said during this week’s general meeting of the Paphos regional tourism board (Etap). He highlighted the strong partnership between Etap and the Deputy Ministry, which has driven targeted promotional […]
In a move to support female students from rural areas, Senate President Hun Sen announced his personal decision to donate two hectares of land—originally purchased for over $10 million for Bayon TV station in Phnom Penh’s Chroy Changvar district—to the Ministry of Women’s Affairs for the construction of a dormitory in Phnom Penh.He stated that […]
The municipality of Paralimni-Deryneia has secured 18 out of 66 Blue Flag awards granted across Cyprus, making it the top performer in the island-wide ceremony held at the renowned Fig Tree Bay beach in Protaras on Wednesday. The awarded beaches include Armyropigado, Lombardi, Glyky Nero, Kapparis, Skoutarospilioi, Agia Triada, Minas, Vrysousia, Louma, Pernera, Potami, Vrysi C, Vrysi […]
Hun Sen, President of the Senate, has reaffirmed his commitment to promoting greater participation of women in public administration. The statement was made on Wednesday during a meeting at the January 7 Palace with a delegation from the Cambodian National Council for Women (CNCW), led by Ing Kanthaphavi, Minister of Women’s Affairs and Chairwoman of […]
The Kingdom exported 344,199 tonnes of milled rice in the first five months of the current year, the Cambodia Rice Federation (CRF) said yesterday. The exports saw a rise of 13.7 percent from 302,592 tonnes in the same period last year. The CRF said that the Kingdom made $252.30 million in revenue from the export […]
Finance Minister Makis Keravnos met with the President of the European Economic and Social Committee (EESC) Employers’ Group, Stefano Mallia, and discussed the need to accelerate efforts to deepen capital markets in the EU and to intensify efforts to reduce the administrative burden. According to a statement by the Ministry of Finance, Keravnos had a meeting […]
Cyprus had the second largest share of overnight stays by foreign visitors in the EU during the first quarter of 2025, according to data on tourism accommodation published by Eurostat. On average, across the EU, foreign visitors accounted for approximately 45.6% of all overnight stays in the first three months of 2025, with large differences among EU […]
Aiming to strengthen bilateral relations and leverage shared opportunities in the field of research and innovation, a meeting took place in Athens between the Director General of the Research and Innovation Foundation (RIF), Theodoros Loukaidis, and the Secretary General for Research and Innovation of Greece, Dr Anastasios Gaitanis. The meeting confirmed the mutual commitment to […]
The renovated and upgraded indoor ‘Spyros Kyprianou’ Athletic Center in Limassol is almost ready to be handed over to the state and the Cyprus sports sector. The venue is where the heart of FIBA Eurobasket 2025 will “beat” in late August and early September. This is a project that began at the beginning of last […]
Cypriot companies operating in the defence industry have recorded rapid growth the House Committee on Energy, Commerce, and Industry has been informed by both the Cyprus Chamber of Commerce and Industry and the Cyprus Association of Research and Innovation Enterprises. According to CCCI, the number of such companies has increased tenfold in recent years, while […]
Greek retail group Jumbo reported a strong rise in store sales across Cyprus and Greece in May 2025, reflecting a gradual rebound after a slower start to the year due to Easter falling much earlier than in 2024. Sales at Jumbo’s Cyprus stores increased by 14.5 per cent in May compared to the same month last year, bringing year-to-date […]