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 […]
Soeung Chetra, a high school student in rural Cambodia, practices a centuries-old musical art form: singing improvised ballads while plucking a Cambodian lute known as the chapei dang veng. Like other Cambodian chapei players, he was inspired by Kong Nay, a master who died last year at 80. “I want to be as famous as […]
Val’s Place in the quiet village of Gialia will host yet another edition of the Paradise Jazz Festival this summer. This will be its 25th anniversary and so the festival is gearing up for a big, bright and exciting two days to mark the occasion. “We feel proud and grateful because, throughout our 25-year history, […]
Cambodia’s banking and financial institutions reported a slow credit growth in the first half of 2025, mainly due to sluggish recovery of construction and real estate, the central bank said in a report on Monday. Outstanding loans rose 2.9 percent year-on-year to $61.8 billion by June 2025, while customers’ deposits increased 14.5 percent to $61.5 […]
PHNOM PENH — Before completing his tenure as ambassador to Cambodia, Jacques Pellet spoke with Cambodianess’ Ky Soklim, reflecting on a range of accomplishments spanning education, health, and cultural heritage. At the same time, he expressed continued support for peaceful dialogue and welcomed the effective ceasefire between Cambodia and Thailand amid ongoing border tensions. Ky […]
How IDEA has helped build 100 startups, empowered over 260 entrepreneurs and shaped Cyprus’ growing innovation ecosystem IDEA Innovation Center, Cyprus’ largest non-profit incubator – accelerator, is celebrating 10 years of nurturing local entrepreneurship and fostering an innovation-driven economy. Founded in 2015 by the Bank of Cyprus and other strategic partners, IDEA operates as a […]
The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced that it will be participating Eastern Mediterranean Conference & Exhibition (EMC) 2025 as an official partner. The event, set to take place in Cyprus from October 20 to October 21, 2025, is the largest of its kind organised in the Eastern Mediterranean region with […]
The Cyprus Investment Funds Association (CIFA) on Tuesday issued a statement welcoming the latest data published by the Cyprus Securities and Exchange Commission (CySEC), which reflect the sustained momentum of Cyprus’ investment fund sector during the first quarter of 2025. According to the Q1 2025 Quarterly Statistical Bulletin, Cyprus had a total of 322 Management Companies […]
Redefining how fast, flexible and human – centred digital ecosystems are built At SPORTSOFT, speed isn’t just a nice-to-have. It’s a necessity. In just a few years, the Cyprus-based tech company has grown into a strategic partner for organisations navigating the sharp demands of digital transformation. Led by CEO Liudmila Marochkina, SPORTSOFT helps clients move […]
Bank sees €509 million in revenue in first half of 2025 The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half of 2025, the bank posted a net profit of €235m, reflecting a 13 per cent […]
Burned out, alone, and done pretending.Then she created Soula It’s not every day you meet someone blending neuroscience, AI, and empathy into a tool designed to change women’s lives, not just their routines. That’s the calm, unrelenting energy Natallia Miranchuk brings to Soula.As founder and CEO, she took her own journey through infertility, postpartum depression, […]
Cyprus-flagged MV CYMONA OCEAN, a new Kamsarmax bulk carrier built by Japan’s Oshima Shipbuilding, has been delivered to the fleet of shipowner Nicolas Hadjioannou and will be managed by Athens-based Alassia NewShips Management Inc. The 82,000 DWT vessel, registered in Limassol, is powered by a MAN B&W 5S60ME-C10.5-EGRBP main engine and classed by a member of the […]
Revenue from taxes and social contributions climbs, but spending also accelerates Cyprus recorded a general government budget surplus of €557.6 million (1.6 per cent of GDP) in the period from January to June 2025, according to preliminary figures released by the state statistical service on Monday. This marked a slight increase from the €550.7m (also 1.6 per cent of […]
Local businesses embrace AI but face skills gap challenges Cyprus is steadily emerging as a regional player in digital innovation, technology adoption and artificial intelligence, transforming itself into a competitive hub in the Eastern Mediterranean. At the core of this evolution is a growing recognition among policymakers, business lead ers and technologists that the digital […]
Greece’s four systemic banks have posted strong profitability in the second quarter, with projections indicating that total earnings could reach €4.7 billion by the end of 2025. According to Greek news outlet Newmoney, the robust performance is largely driven by sustained credit activity, with full-year estimates for net credit expansion projected at €13 billion or […]
ABA Bank, Cambodia’s largest commercial bank, has been named Best Bank in Cambodia by the international Euromoney magazine for the twelfth consecutive year. This prestigious award recognises the Bank’s continued excellence and leadership in both physical and digital banking, reinforcing its role as a benchmark in the Cambodian and regional financial landscape. Digital innovation driving […]