Cambodia earned $6.14 billion from the export of garments, footwear, and travel products (GFT) during the first five months of 2025, marking a 23.5 percent increase compared to $4.97 billion in the same period last year, pointed out a report from the General Department of Customs and Excise (GDCE) under the Ministry of Commerce. The […]
Cambodia’s trade volume with its fellow ASEAN member states reached $7.2 billion in the first five months of 2025, a 5.5 per cent increase over the same period last year, according to a report released on Monday. The country exported products worth $2.7 billion to other ASEAN countries during the January-May period this year, a […]
The two-day visit that Indian Prime Minister Narendra Modi is making to Cyprus since Sunday lays solid and strong foundations for the redefinition and further strengthening of Cyprus-India business/economic cooperation. The focus of this cooperation is the investment relations between the two countries in the light of Cyprus’ will to transform and establish itself as […]
“I would like to say that the CCCI supports every effort aimed at further developing the business relations between Cyprus and India. From shipping and maritime cooperation, to fintech, and digital transformation, pharmaceuticals, green energy, agriculture and academic exchange,” Cyprus Chamber of Commerce & Industry President Stavros Stavrou has said. Stavrou was speaking at a […]
The Research and Innovation Foundation (RIF) has launched a new €10 million funding scheme to help Cypriot companies turn innovative ideas into high-value products and services. Known as STEP (setting up facilities and production lines for manufacturing new innovative products or services), the programme is part of a series of flagship actions unveiled by president Nikos Christodoulides in the 2025 […]
CSE and NSE explore new investment and listing opportunities The Cyprus Stock Exchange (CSE) has announced that it held a meeting on Monday with senior officials from the National Stock Exchange of India at its headquarters in Nicosia. The meeting marked a follow-up to the recent signing of a memorandum of understanding between the two stock exchanges. Representing the Indian side […]
Freedom Holding Corp. on Monday reported a 23 per cent year-on-year increase in revenue for the fiscal year ending March 31, 2025, reaching $2.05 billion. The financial results, announced by the Kazakhstan-headquartered firm, reflect strong performance across both its brokerage and insurance segments, in line with the company’s stated growth strategy. The group operates through […]
Nearly 50,000 companies and enterprises – with a total registered share capital of more than $18 billion – have been successfully registered through the Online Business Registration Service (OBR) since the system was implemented five years ago. The OBR system was launched in three phases. The first phase was launched in June 2020, with the […]
Synopsis: The single window plays an important role in promoting international trade facilitation in line with the Royal Government’s strategy. The Council for the Development of Cambodia (CDC) Thursday reviewed 12 Qualified Investment Projects (QIPs) worth $128 million through the Single Window Scheme. The review meeting was presided over by Chea Vuthy, Secretary General of […]
Huot Hak, Minister of Tourism, on Saturday presided over the Annual Environmental Tourism Event 2025 under the theme “Visit Cambodia in the Green Season”, which spans two days and two nights from June 14 to 15, 2025, and marks the 3rd celebration of Cambodia’s Freshwater Sea Festival, expressing gratitude toward Tonle Sap Lake. This grand […]
Synopsis: Despite geopolitical tensions and sluggish global recovery, Cambodia remains resilient and committed to development. Cambodia’s economy is projected to expand by 6.3 percent in 2025, fueled by continued growth in the industry, services, and agriculture sectors, said Prime Minister Hun Manet on Sunday. The country’s Gross Domestic Product (GDP) is expected to reach $51.39 […]
Here are the top business stories in Cyprus from the week starting June 9: The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director General of the European Banking Federation (EBF). Speaking to the […]
Limassol studio launch signals long-term film investment in Cyprus Copper Island, the international film company with roots in the US, UK, Europe and Australia, has officially launched its new post-production facility in Limassol’s old town, marking a strategic investment in Cyprus’ growing role as a hub for global filmmaking. The event drew a crowd of […]
Australia and Japan have collaborated to help strengthen Cambodia’s cashew sector by increasing processing capacity, aiming to produce a more delicious and high-quality product for export to the global market. The Australian Embassy in Cambodia wrote on its social media earlier this week that Australia and Japan are working together to strengthen Cambodia’s cashew sector […]
Minister of Energy, Commerce and Industry, George Papanastasiou is in Marseille to represent Cyprus at the 2025 Raisina Mediterranean international geopolitical conference. A press release by the Ministry says that the conference is the first Mediterranean edition of the Raisina Dialogue, one of the most important international geopolitical fora co-organised by the Observer Research Foundation and […]
The growth and continued success of the country’s maritime sector was praised by President, Nikos Christodoulides, during his speech at the General Assembly of the International Chamber of Shipping held in Athens. “We are proud of the remarkable growth and the continued success of our maritime sector and we are working to expand it to […]