The General Department of Taxation (GDT) Tuesday announced an enhancement to its double taxation agreement (DTA) implementation management system, enabling taxpayers to apply fully online for tax benefits aimed at boosting efficiency, reducing administrative burdens and increasing transparency. The improvement of the ‘DTA Implementation Management System’ was directed by the Ministry of Economy and Finance […]
Cyprus sees 11.5 per cent rise in tourist arrivals during this time Cyprus recorded strong growth in manufacturing, trade and tourism during the first half of 2025, according to the state statistical service’s latest bimonthly bulletin. The bulletin presents the most important economic developments for the Cyprus economy for the latest months up to June 2025, along with comparative data […]
Summer campaign reaches 600,000 potential visitors The Paphos regional tourism board (Etap) this week announced that its coordinated summer campaign to attract domestic tourism, which began in May, will conclude on August 14. In its statement, the board said that this initiative “formed part of its broader strategy to strengthen tourism activity and increase visits from […]
Despite a moderation in economic momentum, Cambodia’s growth prospects for 2025 and 2026 remain steady, supported by resilient performance across key sectors, according to the Ministry of Economy and Finance’s latest outlook. The Macroeconomic Situation and Outlook for 2025 and 2026 report, prepared by the Ministry’s General Department of Policy and released on Wednesday, projects […]
An American company is preparing a $297.6 million investment to develop a special economic zone (SEZ) along the Mekong River, aiming to attract European and US manufacturers while leveraging future transport links to strengthen Cambodia’s role in regional and global trade. Heng Sokkung, Secretary of State of the Ministry of Industry, Science, Technology & Innovation […]
Ministry of Tourism (MoT) and the European Union (EU) Embassy to Cambodia Monday discussed strengthening cooperation on key areas, including eco-tourism to support local communities and promote Cambodia to European travellers. The discussion took place at the Ministry of Tourism, where Minister of Tourism Huot Hak welcomed Igor Driesmans, Ambassador of the European Union to […]
Cambodia’s exports under various trade preference schemes reached an impressive $13.27 billion in the first half of this year, accounting for 88 percent of the country’s total exports of $14.92 billion, a report from the Ministry of Commerce (MoC) showed on Monday. The report highlighted the critical role that trade preferences such as the Generalised […]
The Embassy of the Republic of Singapore in Phnom Penh commemorated Singapore’s 60th National Day on August 9, while underscoring the enduring partnership between its country and Cambodia. The event featured remarks by Singaporean Ambassador Teo Lay Cheng and Foreign Affairs and International Cooperation Minister Prak Sokhonn. In her speech, Ambassador Teo highlighted the deep-rooted […]
Cambodia’s tourism is rebounding post-pandemic, and an increase in direct flights and new international airports is making the Kingdom more accessible. This is opening new doors for new visitors and potentially retirees who enjoy the relatively peaceful and safe environment, the affordable cost of living and the ease of obtaining visas to stay long-term. https://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-7981514788931893&output=html&h=280&adk=1539450890&adf=2460720106&w=750&abgtt=6&fwrn=4&fwrnh=100&lmt=1755151273&rafmt=1&format=750×280&url=https%3A%2F%2Fwww.khmertimeskh.com%2F501737470%2Fguide-to-retiring-in-cambodia-in-2025%2F&fwr=0&rpe=1&resp_fmts=3&wgl=1&uach=WyJXaW5kb3dzIiwiMTkuMC4wIiwieDg2IiwiIiwiMTM5LjAuMzQwNS44NiIsbnVsbCwwLG51bGwsIjY0IixbWyJOb3Q7QT1CcmFuZCIsIjk5LjAuMC4wIl0sWyJNaWNyb3NvZnQgRWRnZSIsIjEzOS4wLjM0MDUuODYiXSxbIkNocm9taXVtIiwiMTM5LjAuNzI1OC42NyJdXSwwXQ..&dt=1755152347804&bpp=1&bdt=485&idt=52&shv=r20250813&mjsv=m202508070101&ptt=9&saldr=aa&abxe=1&cookie=ID%3D67e34bb3c3602a99%3AT%3D1748239820%3ART%3D1755151849%3AS%3DALNI_MZ9WnYJRvq0wQnr0ABvgb3yZ2dV8A&gpic=UID%3D000010e82a43ea78%3AT%3D1748239820%3ART%3D1755151849%3AS%3DALNI_Mb_jT4JgIj9bmfHlQDXDXo08Q6xUw&eo_id_str=ID%3D8acbd9ed3bbf4ae5%3AT%3D1748239820%3ART%3D1755151849%3AS%3DAA-AfjajqdsfBH648tM7O872ou0M&prev_fmts=0x0&nras=1&correlator=3184490474736&frm=20&pv=1&u_tz=420&u_his=1&u_h=960&u_w=1536&u_ah=912&u_aw=1536&u_cd=24&u_sd=1.25&dmc=8&adx=186&ady=1180&biw=1513&bih=834&scr_x=0&scr_y=0&eid=95360549%2C31093926%2C31093928%2C31093933%2C31093939%2C31093974%2C31093983%2C95362656%2C95367635%2C95369083%2C95368522%2C95359266&oid=2&pvsid=3950200896820525&tmod=381716445&uas=0&nvt=1&ref=https%3A%2F%2Fwww.linkedin.com%2F&fc=1920&brdim=0%2C0%2C0%2C0%2C1536%2C0%2C1536%2C912%2C1528%2C834&vis=1&rsz=%7C%7CeEbr%7C&abl=CS&pfx=0&fu=128&bc=31&bz=1.01&td=1&tdf=2&psd=W251bGwsbnVsbCxudWxsLDNd&nt=1&pgls=CAEQARoFNC44LjU.~CAEaBTYuOC4y~CAA.&ifi=2&uci=a!2&btvi=1&fsb=1&dtd=58 […]
Two leading South Korean companies, N.H.O and Atomy Global Group, have officially begun construction on DreamVille Siem Reap, the city’s first integrated lifestyle township. The groundbreaking and symbolic tree-planting ceremony marked the start of a project designed to create “a place where families can grow, belong and thrive together”. Spanning 35.4 hectares, DreamVille will feature […]
Synopsis: Senior Minister Ly Thuch tells investors to consider expanding their ventures in Cambodia, supporting China’s ‘Belt and Road Initiative’ as well as the ‘Cambodia-China Diamond Cooperation’. Ly Thuch, Senior Minister and Chairman of the Economic and Social Commission for Asia and Pacific (ESCAP), urged Chinese investors to explore investment opportunities in Cambodia. Speaking at […]
‘I would look down and I would only see hundreds of metres of nothingness’ Cyprus mountaineering is having a moment; while one team successfully reached the dangerous Belukha peak in July, another readies to climb one of the world’s highest peaks, both pushing themselves to the limits of endurance. Cyprus-based Andrei Novikov and Alex Larin, […]
The Chief Scientist, Demetris Skourides has launched a new podcast series aimed at putting people, purpose and innovation at the heart of the artificial intelligence (AI) debate. Fearless Future, produced at UCLan Cyprus’ media studio and streamed live on LinkedIn, is the first podcast of its kind in Cyprus to be designed for individuals, citizens […]
Synopsis: With its favourable climate, expanding cultivation areas, and growing interest from international buyers, Cambodia is positioning itself as a principal player in the global supply chain of cashew nuts. The Kingdom is a rising star in the global cashew nut industry, with demand for Cambodian cashews increasing from across the world, Foodbodia, an online […]
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $22.99 billion in the first seven months of 2025, up 15.7 percent from $19.87 billion over the same period last year, said an official report on Monday. The country’s exports to fellow RCEP members amounted to $5.77 billion during the January-July period this […]
Hotels across Cyprus are currently operating at peak capacity, with bookings at significantly high levels and occupancy rates reaching up to 90%. This trend is expected to continue throughout August, the peak month of the summer season. A key contributing factor to the near-full hotels appears to be the recovery of the Israeli market, following […]