NISHIMURA Yasutoshi, Member of the House of Representatives of Japan and former Minister of Economy, Trade and Industry, has observed a growing interest among Japanese companies in exploring investment opportunities in Cambodia. During a courtesy call on Cambodian Prime Minister Hun Manet at the Peace Palace in Phnom Penh on Friday afternoon, NISHIMURA Yasutoshi noted […]
The specific date for the opening of Techo International Airport will be announced within the next two weeks, following a clear assessment by the committee. Soy Sokhan, Secretary of State of the State Secretariat of Civil Aviation and Chairman of the Committee to Lead, Manage, and Coordinate the Preparation of the Operation of Techo International […]
The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the embassy of Hungary in Cyprus, will host a business-to-business (B2B) event highlighting innovative Hungarian technologies in agriculture and industry. The event, titled “Hungarian Smart & Sustainable Solutions for Agriculture and Industry with Drone Live Presentation”, will take place on Wednesday, May 14, 2025 at 09:00 at […]
Bank of Cyprus Holdings Public Limited Company on Friday announced the repurchase of 295,526 of its own ordinary shares between April 25, 2025, and May 1, 2025. The shares, each with a nominal value of €0.10, were acquired on both the Cyprus Stock Exchange (CSE) and the Main Market of the Regulated Securities Market of the Athens Stock Exchange (ATHEX). The transactions were […]
Nicosia topped the charts in March with the most expensive property sale in Cyprus, a whopping 29.3-million-euro office transaction in the central district of Agioi Omologites, according to property data firm Ask Wire. In its latest report, the company revealed that the 10 most expensive property sales across the island in March reached a combined […]
Retail trade in Cyprus marked a notable growth in March 2025, with both the Turnover Value Index and the Turnover Volume Index increasing by 5.6% compared to the same month last year, according to Cystat. The Turnover Value Index for retail trade, excluding motor vehicles, rose to 128.4 points (base year 2021=100), while the Volume […]
Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus represents 1.6 per cent of GDP and marks a slight increase from the €575.7 million surplus (1.7 per cent of GDP) recorded during the same period in 2024. Total government revenue for January to March […]
Cyprus recorded €92.7 million in high-value property transactions in March 2025, with Nicosia taking the lead thanks to a single €29.3 million office sale, according to real estate analytics firm Ask Wire. According to a report released on Friday, the 50 most valuable transactions nationwide marked a 43 per cent increase compared to February 2025, underlining a strong rebound in property market activity. […]
Phnom Penh is a city on the move — a city where the echoes of tradition meet the ambitions of modern development. In this vibrant landscape, infrastructure is more than just concrete and steel; it is the foundation of progress. Among the most anticipated projects in Cambodia’s recent history is the Cambodia-Korea Friendship Bridge, a […]
Nestled on the sun-drenched southwest coast of Cyprus, Paphos is a charming city that effortlessly blends history, nature, and Mediterranean flair. It’s a place where ancient ruins overlook sparkling seas and traditional tavernas buzz with the clinking of glasses and the smell of grilled halloumi. Whether you’re planning a cultural getaway, a beach escape, or […]
Prime Minister Hun Manet has reaffirmed that job creation remains a top priority for the Royal Government of Cambodia to drive economic growth nationwide. The Premier made the remarks during a gathering with civil servants, workers, and employees of the Sihanoukville Autonomous Port in Preah Sihanouk province yesterday, on the occasion of the 139th anniversary […]
Some 474,810 foreign tourists visited the Angkor Archaeological Park in the first four months of this year, a year-on-year increase of 12.68 percent, a report from the Angkor Enterprise overseeing the Angkor Entrance Pass Sales showed yesterday. The entrance pass sales generated revenues of $22.2 million, a year-on-year increase of 11.5 percent, read the report. […]
After months of setbacks and stalled progress, three of Cyprus’ biggest public works projects are getting a fresh start. The government plans to re-tender and relaunch work on the long-delayed Paphos-Poli road, the redevelopment of Larnaca port, and the expansion of Nicosia’s ringroad, all by end-2025. These major projects had hit roadblocks after issues with […]
Light foods with a German twist Strictly speaking, the definition of a restaurant is “a place where people pay to sit and eat meals that are cooked on the premises”. This review is slightly different in that it is a roadside establishment that, from the road, looks more like just a takeaway. The kitchen/bar area […]
After nearly 140 years of silence, archaeologists have rediscovered the Temple of Apollo at Frangissa, Cyprus, once thought lost to time, along with fragments of colossal statues and treasures. The site, hidden in a quiet valley south of the village of Pera Orinis near ancient Tamassos, has now re-emerged as a vital link to Cyprus’s religious […]
The average gross monthly earnings of employees in Cyprus rose by 5.3 per cent in 2024, reaching €2,487, according to provisional data released on Wednesday by the state statistical service. In terms of the fourth quarter of 2024 specifically, gross monthly earnings stood at €2,813, up from €2,680 in the same quarter of the previous year. This represents a 5 per cent year-on-year increase. When […]