Synopsis: Cambodia’s oil, gas and renewable energy sector has been on an expansion path with many global giants showing interest in exploring investment opportunities. Texas-headquartered oil and gas behemoth ConocoPhillips is exploring potential investment opportunities in the Kingdom’s oil and gas sector. This was discussed during a meeting between Keo Rottanak, Minister of Mines and […]
Synopsis: Cambodia’s attractive investment environment and strong government incentives have drawn growing interest from Chinese companies. The Council for the Development of Cambodia (CDC) Friday encouraged Chinese companies to expand their investments into the manufacturing of raw materials and semi-finished goods in the Kingdom, as part of efforts to strengthen domestic value chains and enhance […]
Synopsis: Cambodia is advancing steadily along the path of peace, democracy, and the rule of law, under the leadership of the government, guided by a clear vision, strong determination and broad public support. Senate President and President of the Cambodian People’s Party (CPP) Hun Sen Saturday expressed confidence in Cambodia’s economic momentum during the first […]
Eurobank on Friday announced its intention to explore a parallel listing of its shares on the main market of the Cyprus Stock Exchange (CSE), following the successful completion of its acquisition of Hellenic Bank. This move marks what the bank described as “the largest foreign investment ever implemented in Cyprus”. The development comes in the […]
The National Bank of Cambodia (NBC) Thursday hosted a meeting to review the Financial Inclusion Committee’s progress, aimed at enhancing financial literacy, consumer protection, and ethical standards within Cambodia’s banking and microfinance sectors. Yim Leat, Deputy Governor of NBC, chaired a meeting to review the first-half progress of the Financial Inclusion Committee of the Association […]
European Commission President Ursula von der Leyen has floated the idea of cooperating with Asia to promote rules-based free trade. She says it could serve as the basis for redesigning the World Trade Organization. Von der Leyen spoke on Thursday after a European Union summit. She referred to the Comprehensive and Progressive Agreement for Trans-Pacific […]
Nicosia’s Municipal Swimming Pool has reopened to the public after remaining closed for four years whilst undergoing renovation. The facility, commonly known as “Lellos Pool” amongst locals, suspended operations in September 2021 to allow for renovation works. The municipal pool’s reconstruction was completed in December 2023, though it has since been available only to competitive swimmers. The […]
If you’re looking for a bargain on a car, the Bank of Cyprus may have just what you need. The bank is putting a wide range of used vehicles on the auction block next week, offering something “for every taste,” according to its official announcement. The auction will take place on Tuesday, July 1, 2025, […]
During the event, he also presented training certificates to trainers from the National Vocational School of Tourism and launched the school’s pilot project. The ceremony was attended by Emmanuel Dolphul, Deputy Director of the French Development Agency (AFD) in Cambodia; Élisabeth Auffray, Regional Director of the French Chamber of Crafts and Industries (CMA); representatives from […]
On Saturday, the weather will be mostly clear, with some localized low cloud likely forming along parts of the coastline. Temperatures will reach extremely high levels, climbing to 41 degrees Celsius inland. On the coasts, highs will be around 35 degrees in the south, east and north, and 33 degrees along the west. In the higher mountain […]
Chea Chanboribo, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Cambodia to the Republic of Cyprus, met with Haralambos Kafkarides, Ambassador of the Republic of Cyprus, in Sofia on June 27. On behalf of Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn, Ambassador Chea Chanboribo conveyed warm greetings and […]
Synopsis: The projects are expected to generate around 3,363 jobs and majorly contribute to the province’s transformation into a dynamic economic hub. The Preah Sihanouk Province Investment Promotion Working Group Wednesday approved in principle a new wave of 35 investment and business projects with a total capital of approximately $327 million. The projects are expected […]
The Ministry of Commerce, in collaboration with the Cashew Nut Association of Cambodia (CAC) and the Cambodia Rice Federation (CRF), recently organised a joint event aimed at enhancing the quality of Cambodian agricultural products and expanding their reach in international markets. According to a statement from the CAC, Cambodia is well-positioned to boost its agricultural […]
The Cyprus Shipping Chamber has welcomed the implementation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, which officially enters into force today, 26 June 2025. The Convention represents the first global legal framework that ensures ship recycling is carried out in a safe and sustainable manner, protecting both […]
President Nikos Christodoulides has revealed that Cyprus has put forward the idea that some EU member states should undertake the initiative for the Union to examine the possibility of suspending the implementation of taxations, particularly related to the green transition or if needed cancel them, so that they do not affect EU competitiveness negatively. In a doorstep […]
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement on Tuesday to acquire most of AstroBank’s assets and liabilities. That followed the earlier dissolution of the Cooperative Bank and the closure of RCB Bank, which had left the island with only two systemic banks. The acquisition, valued […]