Cambodia has showcased its tourism potential at the ASEAN Travel Exchange (TRAVEX) in Malaysia, sharing insights into the country’s rich cultural and natural attractions, and highlighting the Kingdom’s readiness to welcome international tourists in 2025. In a press briefing held at the ASEAN Travel Exchange (TRAVEX), in Johor Bahru, Malaysia, Ouk Sam Ath, Deputy Director […]
Cambodia’s economy is projected to grow at 6.3 percent in 2025, said the Budget in Brief report for the Fiscal Year 2025, released by Ministry of Economy and Finance (MEF) on Tuesday. According to the assessment of the Royal Government’s medium-term public financial framework, the growth is expected to increase the current price of Gross […]
The Royal Government of Cambodia (RGC) Wednesday organised a meeting to review and discuss the ‘Logistics Performance Index (LPI) Score’ published by the World Bank aimed to assess and improve the Kingdom’s logistics as part of broader efforts to enhance trade efficiency and support sustainable economic development. The meeting, presided over by Sun Chanthol, Deputy […]
A broad meeting under the President of the Republic, on attracting quality investments to Cyprus, was held at the Presidential Palace, while a discussion was also held on the topic of encouraging successful young overseas Cyprus to return to the island. As stated by Government Spokesperson Konstantinos Letymbiotis, the meeting held on the topic of […]
Deputy Minister of Shipping Marina Hadjimanolis highlighted the need to enhance the competitiveness of the Cyprus maritime flag during a two-day visit to Athens. On the first day of her visit, Hadjimanolis chaired the initial regular meeting of the advisory committee for strengthening the competitiveness and quality of the Cyprus flag. The committee deliberated on […]
The Central Bank of Cyprus (CBC) aims to maintain stable prices and a sound financial system, according to governor Christodoulos Patsalides. Speaking at the 12th Banking Forum and Fintech Expo on Thursday, Patsalides said that “by embracing the digital economy, ensuring robust governance, and addressing climate change, we are positioning Cyprus as a forward-looking financial hub in Europe“. “Together, we will navigate […]
Paphos tourism board calls for state support to increase beds during winter The outlook for Cyprus tourism in 2025 is encouraging, with booking flows surpassing those of the previous year, according to president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides. Speaking to the Cyprus News Agency (CNA), Michaelides stated that early bookings for 2025 are showing […]
Salamis Tours (Holdings) Public Ltd has issued assurances regarding its employment policy amidst a potential acquisition by E.V.H. Investments Ltd. E.V.H. Investments Ltd has been steadily increasing its stake in the company, aiming for a potential full acquisition. The company confirmed that no adverse effects on its operations or interests would arise if E.V.H. proceeds […]
The Ministry of Commerce (MoC) recently convened an internal meeting to evaluate the draft of Cambodia’s Digital Trade Policy for the period 2025-2030. This initiative aims to promote digital inclusivity and enhance the nation’s integration into the global market. The meeting, held on Wednesday, January 15, 2025, was presided over by Reach Ra, Secretary of […]
King Father Norodom Sihanouk devoted his life to Cambodia’s political independence and was committed to economic development. In March 1955, he gave up the throne to his father, Suramarit, to deepen his involvement in governance. He formed a political party, won the general election, and became prime minister to lead the government. Sihanoukville is a […]
The Ministry of Public Works and Transport (MPWT) reported a big jump in registration of electric vehicles (EVs) in 2024, thanks to the support of people and the gains of population among users. In 2024, there were a total of 2,253 registered EVs, an increase of 620 percent over 2023, which registered new EVs of […]
The first of three state projects announced for Larnaca Marina following the termination of the previous contractor’s agreement has officially entered implementation phase. Transport Minister Alexis Vafeades announced after Wednesday’s Cabinet meeting that €1.5 million has been approved for dredging and renovation works at Larnaca Marina. The works are deemed essential for the marina’s safe […]
The Cabient has approved the expenditure of €1.5 million for dredging and renovation works at Larnaca Marina. As announced by the Minister of Transport Alexis Vafeades after the end of the Cabinet meeting, these works are deemed necessary for the safe operation of the marina and the safe entry and exit of boats to the […]
The development lays the foundation for enhanced security cooperation with the incoming administration, reflects the long-term shared objective of bolstering interoperability In a landmark decision that underscores the growing strategic depth of US-Cyprus relations, President Joe Biden issued a presidential determination, officially including the Republic of Cyprus in three critical US defense programs. This significant […]
The Cyprus federation of employers and industrialists (Oev) has announced the opening of applications for the 18th Cyprus Innovation Award Competition. “This longstanding event celebrates the ingenuity and creativity that characterise Cypriot businesses and organisations across various sectors,” the federation said in a statement. Supported by the Deputy Ministry of Research, Innovation and Digital Policy, […]
The Research and Innovation Foundation (RIF) has initiated a consultation for a new €10 million funding programme. The new programme, titled ‘STEP: Setting up facilities and production lines for manufacturing new innovative products or services’, is open to Cypriot companies of all sizes. It aims to bolster the development of critical technologies across a number […]