A senior official from the Hong Kong Trade Development Council (HKTDC) has committed to encouraging investors and businesspeople to consider investing in Cambodia’s technology and food-processing industries. The pledge was made during a meeting between Ministry of Commerce secretary of state Sok Sopheak and Patrick Lau, deputy executive director of the HKTDC, in Hong Kong […]
Kep provincial governor Som Piseth has announced that the construction of the Koh Tonsay Tourism Port is about 90 per cent complete, a project he said would transform the province’s islands into modern and desirable tourist destinations. While inspecting the progress of the port on March 19, he described it as an “historic accomplishment” for […]
A sustainable destination is one that respects its visitors, but at the same time respects its own resources, natural and human, said on Thursday Cyprus’ Deputy Minister of Tourism Kostas Koumis, during the annual tourism conference of the Association of Cyprus Tourist Enterprises (ACTE), held in Nicosia. Speaking at a round table discussion regarding the […]
Kition Ocean Holdings recently held its annual “Kition Volunteer Blood Donation Day” at its facilities located at the Larnaca Port Passenger Terminal. This event marked the second consecutive year of successful blood donation efforts by the company. According to an announcement by the company, the event ran under the theme of “Share The Gift Of Life”. […]
The Bank of Cyprus (BoC) on Wednesday announced that it has obtained approval from the European Central Bank (ECB) to pay a cash dividend and to conduct a share buyback programme, noting that this reflects the group’s strong financial performance and strategic progress. ‘Our ongoing commitment to delivering sustainable value to shareholders is demonstrated by our […]
A regular visitor from Sweden has been honoured with the title of ‘Tourism Ambassador of Ayia Napa’, in recognition of his 25th visit to the popular Cypriot resort town. According to a statement released on Wednesday by the Municipality of Ayia Napa, the honoree is Nils Ove Hallin, who has spent his holidays in Ayia Napa for the past 25 […]
The Commissioner for State Aid Control Stella Michaelides on Wedneday published her decision on a scheme for Small and Medium Size Enterprises (SMEs), titled “Circular Economy Project in Small and Medium Enterprises (SMEs)”, according to which the total amount for aid granted has been set at €400,000. At the same time, the plan sets €30,000 as the minimum investment […]
Cyprus’ Finance Minister Makis Keravnos on Wednesday met with the president and members of the board of directors of Eurobank Holdings, during which he underscored the significance of attracting foreign investments for the government of the Republic of Cyprus. He also extended a warm welcome to the recent business activities of the bank in Cyprus. According to […]
Around mid-May, the Cypriot Energy Regulatory Market (CERA) will put draft regulatory decisions in relation to the operation of the competitive electricity market in Cyprus for public consultation. In its announcement, CERA also states that with the contribution of specialized consulting services, it has recently completed the investigation of good practices at the European level […]
The Council for the Development of Cambodia (CDC) said a meeting was held on Tuesday to promote green investment. In view of rapid climate change and interest in the investor community towards greener investments, Sun Chanthol, Deputy Prime Minister and Vice President of Cambodia Development Council held a meeting with companies. Some of these companies […]
The Ministry of Environment (MoE) in collaboration with Leader Energy Holding Berhad known as ‘Leader Energy’ and River Ocean Cleanup (ROC) on Wednesday officially kicked off a five-year transformative project aimed at river cleanup operations along the Mekong, Tonlé Sap and Bassac rivers to produce renewable energy. The ‘Five-Year Cambodia Rivers Cleanup Mission’ was presided […]
The ‘Cambodia Malaysia China High-Tech Park’ spanning over an area of up to 100 hectares, with a potential expansion of up to 2,000 hectares is to be built at an estimated cost of $300 million in Kandal province. IQI Global and Cambodia’s Premium Housing Group signed a Memorandum of Understanding (MoU) to the effect during […]
Cambodia Association of Travel Agents (CATA) on Tuesday requested the Ministry of Tourism (MoT) to arrange trips for groups of international tourists and investors to explore the Kingdom this year. It also urged the ministry to facilitate their transportation as well as introduce the tourism potential investment sectors aimed at contributing to the socioeconomic development […]
Efforts to transform Cyprus into an innovation-led economy resulted in a partnership combining technology and sports Cypriot football club Pafos FC is poised to revolutionise the way its players train and perform on the field by partnering with i-BrainTech, a sports technology company specialising in athletic brain training. It should be noted that i-BrainTech’s decision to expand its operations to […]
Cambodia and the Hong Kong Special Administrative Region (SAR) will promote their relationship, particularly in terms of trade and investment. This was the topic of discussion in Hong Kong on March 19 between Sok Sopheak, Secretary of State at the Ministry of Commerce, and Ms Agnes Chan, Deputy Chairman of Hong Kong General Chamber of […]
The successful candidate with work closely with other colleagues and will provide support throughout the implementation of the agreed action plan for achieving results for the agency’s three-fold mandate: investment promotion, facilitation of investors and aftercare services. “We’re on the lookout for a dynamic Investment Promotion Advisor to join our team in Nicosia,” Invest Cyprus […]