The Cambodian Investment Board of the Council for the Development of Cambodia (CDC) convened a meeting on Tuesday to review and discuss applications for the registration of 12 qualified investment projects. The meeting was chaired by Chea Vuthy, Secretary General of the Cambodian Investment Board of the CDC, with representatives from relevant ministries, institutions, and […]
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 […]
The Paphos Leisure Centre Owners Association (SIKAP) has secured significant labour agreements to increase the number of third-country nationals working in the hospitality sector, the organisation’s president and Paphos Deputy Mayor Angelos Onisiforou said. The association has successfully negotiated with the Ministry of Labour to increase the hiring quota for non-EU workers, with approval times expected to […]
A contract for works that will enhance the production capacity of the Asprokremmos refinery by an additional 10,000 cubic metres per day over a period of 12 months, has been signed by the Agriculture Ministry’s Water Development Department and the company Mekel Limited. According to an announcement by the Department, the contract for the ‘Supply, […]
A total of 12 investment projects, with a total capital of $135 million and the potential to create 7,000 jobs, are currently under review by the Council for the Development of Cambodian (CDC). A meeting to evaluate the projects and discuss their eligibility for official registration was held at the CDC headquarters on February 4. […]
Long-haul travelers are setting their sights on Europe in Winter and Spring 2025, but it’s not just the usual hotspots making waves. A new report reveals that Monaco, Luxembourg, Cyprus, Montenegro, San Marino, and Malta are among the top destinations attracting international visitors. These countries are capturing global interest thanks to their rich history, breathtaking landscapes, strong safety […]
A high-level Cambodian delegation led by Hun Sen, the President of the Senate of the Kingdom of Cambodia and President of the ruling Cambodian People’s Party (CPP), will pay an official visit to the Lao People’s Democratic Republic on 6-7 February 2025. The two-day visit has been arranged at the invitation of Saysomphone Phomvihane, President […]
On February 4, commencing at 5:40 p.m. for approximately 20 minutes, Mr. HAYASHI Yoshimasa, Chief Cabinet Secretary, held a meeting with H.E. Mr. Vongsey Vissoth, Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of the Kingdom of Cambodia, who is visiting Japan upon the invitation of the Ministry of […]
The Royal Group Exchange (RGX), Cambodia’s only authorised digital assets exchange, now boasts a user base of over 3,500 individuals exactly a year after its inception. The trading platform using blockchain technology was launched in January last year, marking the beginning of a new history in Cambodia’s financial landscape. It has also become the first […]
Dith Tina, Minister of Agriculture, Forestry and Fisheries (MAFF), yesterday said that Cambodia is open to all investors who are interested in investing in the agricultural sector. Receiving a courtesy call from Professor Wendy Umberger, Chief Executive Officer of the Australian Centre for International Agricultural Research (ACIAR), at the ministry, Tina said, “Cambodia is open […]
Siem Reap, Cambodia – Angkor Wat, a UNESCO World Heritage Site and one of the most iconic symbols of Cambodia, continues to captivate travelers from around the globe in 2025. Renowned for its stunning architecture and deep historical roots, Angkor Wat has once again been named the most famous tourist attraction in the world, solidifying […]
Cambodia saw a significant surge in the export of potential agricultural products in 2024, an official report from the Ministry of Commerce showed. The main products Cambodia exported in the said period included rice, bananas, mangoes, cassava, cashew nuts, corn, pepper and tobacco. The country earned $1,398 million from paddy export and $491 million from […]
The bond market in Cambodia commenced operations following the approval of Prakas No. 009/17 on the Public Offering of Debt Securities, dated August 17, 2017. In 2018, the International Finance Corporation (IFC), a member of the World Bank Group, supported the first-ever bond issuance in the Kingdom of Cambodia by investing $20 million in Cambodian […]
Non-profit social venture and think tank CyprusInno, powered by SocialTech Lab, has successfully concluded the 2024 Academy for Women Entrepreneurs (AWE) in Cyprus, according to an official announcement. Now in its second year of support from the US Embassy in Nicosia and, for the first time, backed by Chevron, the programme provided free training to […]
The National Bank of Greece (Cyprus) recently presented its activities in the Cypriot business environment during a conference held in Athens. In a speech delivered at the event, Marilena Sevastidou, Head of Corporate Banking, highlighted the “exceptionally positive momentum” currently characterising Greece-Cyprus bilateral relations. She explained that this “fosters a mutually beneficial growth environment” and […]
Cyprus’ cruise sector is set for a significant upturn, expecting a 30 per cent surge in ship arrivals this year, according to Deputy Shipping Minister Marina Hadjimanolis. In addition, 139 vessels are slated to dock at Limassol port, including 26 that will call it their home port, . Hadjimanolis marked the upcoming season’s kickoff with […]