Cyprus airport expansions receive green light

Cyprus airport expansions receive green light

The environment department has officially approved the expansion plans for both the Larnaca and Paphos international airports, it emerged on Thursday. The approval follows an agreement signed on December 23, 2024, extending Hermes Airports’ management until 2033, a move that paved the way for major infrastructure upgrades. The deal resolved long-standing financial disputes and facilitated the launch of Phase 2 […]

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Ministry of Tourism engages in discussions with the SDC regarding cooperation in the field of tourism

Ministry of Tourism engages in discussions with the SDC regarding cooperation in the field of tourism

On February 5, Cambodian Minister of Tourism Hout Hak received a courtesy visit from Mr Reto Grueninger, Director of Cooperation at the Swiss Agency for Development and Cooperation (SDC), to discuss potential collaborative opportunities in the field of tourism. During the meeting, Minister Hak and Mr Grueninger deliberated on various initiatives to foster vocational training […]

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Angkor Wat tops Agoda’s ‘must visit’ Asean temples’ list

Angkor Wat tops Agoda’s ‘must visit’ Asean temples’ list

Angkor Wat has found a prominent place in the list of ‘must visit’ temples of Southeast Asia, released by leading online travel agency Agoda on Wednesday. “As the largest religious monument globally, Angkor Wat’s grandeur and intricate carvings reflect the zenith of the Khmer Empire’s architectural and spiritual achievements.” Andrew Smith, Senior Vice President, Supply […]

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PM supports 5G mobile phone service

PM supports 5G mobile phone service

Prime Minister Hun Manet has expressed his support for 5G mobile phone service. At yesterday’s closing ceremony of the Ministry of Post and Telecommunications (MPTC) meeting, which reviewed and assessed the five-year (2020-2024) achievements in digital transformation and set new goals for the coming years, held at Sokha Phnom Penh Hotel, Hun Manet requested that […]

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PM Hun Manet Charts Cambodia’s Digital Future, Calls for Stronger Innovation and Governance

PM Hun Manet Charts Cambodia’s Digital Future, Calls for Stronger Innovation and Governance

Phnom Penh, February 6, 2025 : Cambodia’s digital transformation has reached a pivotal moment, with Prime Minister Hun Manet outlining an ambitious vision for the country’s technological future. Speaking at the closing ceremony of the Ministry of Posts and Telecommunications’ five-year review (2020-2024), he stressed that digital technology is no longer a luxury but a […]

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Khmer Enterprise Reports Strong 2024 Performance, Sets 2025 Focus on Entrepreneurial Growth in Global Market

Khmer Enterprise Reports Strong 2024 Performance, Sets 2025 Focus on Entrepreneurial Growth in Global Market

Phnom Penh (FN), Feb. 5 – Khmer Enterprise (KE) held its 17th Board of Trustees Meeting, chaired by H.E. Hem Vanndy, Minister of Industry, Science, Technology & Innovation and KE’s Chairman of the Board of Trustees, to review its achievements in 2024 and outline key strategies for 2025. The meeting highlighted significant progress in supporting Cambodia’s […]

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Government eyes easier access to finance for SMEs

Government eyes easier access to finance for SMEs

Energy Minister George Papanastasiou is at the forefront of government initiatives designed to strengthen support for small and medium-sized enterprises (SMEs). These initiatives primarily focus on enhancing their access to finance, as well as the streamlining of procedures through the better use of technology. Currently, the Ministries of Finance and Energy are collaboratively advancing procedures […]

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Eurobank renews support for Cyprus Seeds in boost to local startup ecosystem

Eurobank renews support for Cyprus Seeds in boost to local startup ecosystem

Eurobank Cyprus has renewed its cooperation agreement with Cyprus Seeds, a non-profit organisation focused on the commercialisation of innovative academic research. This is the sixth consecutive year of Eurobank supporting the organisation, something which the bank said “confirms its commitment to promoting innovation and entrepreneurship”. According to the announcement, this partnership aims to bolster the startup ecosystem and ensure […]

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Cyprus apartment prices and rents rise from year before

Cyprus apartment prices and rents rise from year before

Both apartment prices and rental costs in Cyprus increased during the fourth quarter of 2024, rising by 1.3 per cent and 1.5 per cent year-on-year, respectively, according to real estate analytics firm Ask Wire. In its latest report, the company explained that this latest increase in prices is a reflection of strong demand. A closer look at the firm’s fourth-quarter report reveals growth in specific segments, with annual sale […]

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Cyprus Airways to start seasonal Venice flights with fares from €86

Cyprus Airways to start seasonal Venice flights with fares from €86

Cyprus Airways will launch direct flights between Larnaca and Venice from May 30 to September 29, 2025, with fares starting at €86 one way, the airline announced on Monday. The twice-weekly service, operating on Mondays and Fridays, adds to the carrier’s expanding Mediterranean network, which includes major European cities and Middle Eastern destinations. The new route […]

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