To bolster the nation’s energy infrastructure, the Cambodian Parliament has officially approved a draft law facilitating payment guarantees to 24 electricity investment companies. This landmark decision was made during the fourth session of the seventh National Assembly, which was held on May 22, 2025. The new law comes in response to the surging demand for […]
As double taxation agreements (DTAs) between Laos and the Philippines with Cambodia are set to enter into force soon, Cambodian economists are optimistic that foreign direct investment (FDI) from the two countries and bilateral trade will rise. Cambodia’s general department of taxation believes the DTAs are not designed to avoid double taxation; they also build […]
Average monthly earnings in Cyprus increased by 5% in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by CySTAT. On a quarterly basis, and after adjusting for seasonal fluctuations, earnings rose by 1.2% in Q4 2024 compared to the previous quarter. Specifically, the average monthly earnings […]
The message that Cyprus has always been and will always be an investment destination has been sent by the Managing Partner of K. Treppides & Co Group, Marios Cosma, who also emphasises that the country’s image has changed. In an interview with InBusinessNews, Cosma makes particular mention of the change in approach on the part […]
The Cambodian government has announced that Techo International Airport will commence operations on September 9. No explanation was given for the new opening date, although on May 13, Sinn Chanserey Vutha, secretary of state and spokesperson for the State Secretariat of Civil Aviation (SSCA), told The Post that the final round of inspections and audits […]
A versatile grape deserves to be celebrated every day It is the time of the year when our taste buds prepare to welcome the hot summer months. Lots of aromatic whites, light reds and plenty of bubbly. And while rosé isn’t getting the breathless press it was a few years ago, wine afficionados are still […]
It’s not just the beaches and nightlife that bring visitors year after year — centuries of history and culture amid spectacular scenery make this the perfect destination Xenia Taliotis Friday May 23 2025, 5.00am BST, The Times Every generation of my family has been born in Cyprus and the magnetic pull of its blue-flag beaches, […]
The Ministry of Mines and Energy (MME) is holding consultations with the private sector to highlight the requirement for a comprehensive regulatory framework for EV charging services in the Kingdom. This was stressed at an event organised by the MME under the theme ‘Principles and Procedures for Managing and Regulating the Development and Provision of […]
Cambodian Prime Minister Hun Manet said here on Thursday that the Sihanoukville Special Economic Zone (SSEZ) has boosted the kingdom’s trade and economic growth and improved local livelihoods. The 11-sq-km SSEZ, jointly ventured by Chinese and Cambodian companies, is a flagship project under China’s Belt and Road Initiative (BRI). Hun Manet made remarks during a […]
The Kingdom earned nearly $150 million from rubber and rubberwood exports during the first four months of 2025, marking a 19.74 percent increase compared to the same period in 2024, according to a report released on Wednesday by the Ministry of Agriculture, Forestry and Fisheries (MAFF). The report stated that between January and April 2025, […]
For years, Cambodia’s economic narrative was characterised by rapid growth fuelled primarily by low-cost labour and foreign direct investment (FDI), particularly in the garment manufacturing sector. Factories proliferated across the country, export volumes soared and employment opportunities flourished, creating the foundation for a decade of impressive GDP growth. However, as the global economic landscape evolves, […]
In the first 20 months of Prime Minister Hun Manet’s seventh-mandate government, the number of large factories in Cambodia has swelled by an eighth. The Kingdom was home to approximately 40,300 large enterprises in August 2023, when the government was formed. By April this year, that figure had increased to 45,386. Heng Sour, Minister of […]
Cyprus President Nikos Christodoulides has issued a heartfelt invitation to Cypriots living abroad: Come home and help build the future of Cyprus. Speaking in London to more than 750 Cypriot professionals at the “Minds in Cyprus” event, the president unveiled a national action plan designed to bring talented expats back to the island. The goal […]
ASBISc Enterprises on Thursday announced estimated consolidated revenues of approximately $255 million for April 2025, marking a 33 per cent increase compared to the same month last year. In an announcement submitted to the Cyprus Stock Exchange (CSE), the company disclosed the figures as part of its commitment to regular revenue updates. The company clarified that the reported data is […]
Penang Tourism and Creative Economy Committee chairman Wong Hon Wai said Cambodia Airways has officially confirmed the new direct flights from Phnom Penh to Penang from June 26. GEORGE TOWN (May 20): Penang is set to welcome new direct flights from Phnom Penh starting June 26 via Cambodia Airways, marking another significant milestone in enhancing […]
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 […]