This idyllic coastal town in Cambodia might be the best travel deal you’ll find this year. For just $6 per night—less than what you pay for a standard Netflix subscription—you can wake up to pristine beaches, swaying palm trees, and the gentle sound of waves lapping against golden shores. The under-the-radar paradise that costs less […]
Average monthly earnings in Cyprus rose by 5 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by the Cyprus Statistical Service (Cystat). When compared to the previous quarter, and after adjusting for seasonal fluctuations, average monthly earnings increased by 1.2 per cent in the fourth quarter of 2024. Specifically, […]
Investors from Hungary have been urged to explore opportunities in the Kingdom’s various economic sectors from agriculture to information technology. This came as Khuon Sudary, President of the National Assembly, received Tibor Baloghdi, Ambassador of Hungary to Cambodia, on Tuesday at the National Assembly Palace. They acknowledged growing economic ties between the two nations, encompassing […]
The National Day of Remembrance, observed annually on May 20, is one of 26 reparation projects initiated by civil parties — survivors and victims of the Khmer Rouge regime — and officially recognised by the Extraordinary Chambers in the Courts of Cambodia. This day was established as an official holiday by the Royal Government of […]
Cambodia is aiming to position itself as a regional hub for film and television production following a new agreement signed between Camwood Studios, a division of Cambodian Broadcasting Service (CBS), and The Studio, a Hollywood-based global production company. The two companies yesterday signed a Memorandum of Understanding (MoU) to co-produce up to ten international film […]
Belgium has shown interest in investing in Cambodia’s medical waste management sector, which is well in line with the country’s Chakra Strategy to promote a clean, green, and sustainable environment. Sarah Gasquard, Chargé d’Affaires of the Belgian Embassy in Cambodia, based in Bangkok, highlighted this interest during a courtesy meeting with Eang Sophalleth, Cambodian Minister […]
During a second panel discussion ‘Why I went Back: Stories of Return, Belonging, and Impact,’ at the Minds in Cyprus event in London, speakers focused on the reasons they came back to Cyprus and what helped them to grow and adapt. The panel was moderated by Charis Kynigou, Executive Board Member, Head of Private Banking, […]
Paphos is joining nine other European regions in the EU-backed Smart-Tour initiative to boost digital and sustainable tourism as part of its strategy to become a forward-looking destination. According to an announcement, the Paphos regional tourism board (Etap) will participate in the 36-month programme, which focuses on promoting accessibility, digital transformation, environmental sustainability, cultural heritage and creative […]
Hungarian and Cypriot stakeholders gathered at the Kean factory in Limassol for a joint event on ‘Smart and Sustainable Hungarian Solutions for Agriculture and Industry’, supported by Hungary’s Ministry of Foreign Affairs and Trade under the NEXT-KPI programme. The event was co-organised by the Cyprus Chamber of Commerce and Industry (Keve) and the Hungarian Embassy […]
The Cyprus Investment Promotion Agency, widely known as Invest Cyprus, has been honoured with the prestigious Editor’s Choice Award at the 17th IN Business Awards. According to an announcement released on Wednesday, this latest accolade is “yet another recognition of Invest Cyprus’ role in attracting foreign direct investment (FDI), supporting international investors, and promoting Cyprus […]
Founder and CEO of Freedom Holding Corp. Timur Turlov described Cyprus as the company’s “European gateway to global markets” during his address at the Sixth New York – Eastern Mediterranean Business Summit. Held under the theme “Cyprus – Greece – Israel: Spurring Resilient and Multilateral Collaboration with the Region”, the summit was organised by The Economist and brought together […]
(Phnom Penh) On May 20, 2025, the grand opening ceremony of Branch of Mitsubishi Elevator (Thailand) Co., Ltd. and Commercial Representative Office of Mitsubishi Electric Asia Pte Ltd was held at the Sofitel Phnom Penh Phokeethra Hotel. This investment signifies Mitsubishi Electric’s deepening commitment to the ASEAN region. As a global leader in electrical and […]
A Cambodian delegation which is currently in the US to negotiate tariffs and improve bilateral trade between the two countries has found time to hold at least six meetings with US government and congressional leaders to discuss potentially increasing direct investment in the Kingdom. The delegation is being led by Deputy Prime Minister Sun Chanthol, […]
A major distinction for Cyprus in the StartupBlink Global Startup Ecosystem Index 2025, as the country has ranked 40th globally—rising five (5) positions from last year. With a growth rate of 28%, Cyprus is recognised for the second year in a row as the fastest-growing startup ecosystem in the European Union (EU). According to the report, […]
Cyprus’ economy expanded by 3.0% year-on-year in the first quarter of 2025, according to a flash estimate released by Cystat. The seasonally and working day adjusted GDP also recorded a 3.0% annual increase. On a quarterly basis, the economy grew by 1.3% compared to the fourth quarter of 2024, showing an acceleration from the previous […]
Prime Minister Hun Manet has expressed pride in Cambodia’s transformation from a cement-importing nation to a cement exporter. Speaking at yesterday’s inauguration ceremony of the new Conch KT Cement (Phnom Penh) Co., Ltd. factory in Kampong Speu province, the premier recalled that prior to 2007, Cambodia relied entirely on cement imports from Thailand, Vietnam, Indonesia, […]