Prime Minister Hun Manet is leading a high-level delegation to participate in the 44th & 45th ASEAN Summits and related summits in the Lao People’s Democratic Republic (PDR) tomorrow to strengthen regional economic connectivity and resilience. The 44th & 45th ASEAN Summits and related summits will be held in Vientiane, Lao People’s Democratic Republic (PDR), […]
Cambodia has been officially chosen to host the 20th Francophonie Summit in 2026, a prestigious international event that brings together French-speaking countries from around the world. The announcement was made on Saturday during the 19th Francophonie Summit, which took place in France last week. King Norodom Sihamoni, who represented Cambodia at the event, expressed his […]
The recent three-day Pchum Ben festival ended last Thursday recorded nearly 1.8 million tourists travelling across the Kingdom providing a significant boost to the country’s tourism industry and local economies. Battambang province received the most number of tourists at 215,559, while Siem Reap province and Preah Sihanoukville provinces received 173,000 and 165,595, respectively, a report […]
Here are the top business stories in Cyprus from the week starting September 30 The European Researchers’ Night, under the motto “Mission Possible,” drew thousands of visitors to the Cyprus State Fair on September 27, offering an insightful look into research, innovation, and science. Organised by the Cyprus Research and Innovation Foundation (RIF), the event aimed to inspire curiosity […]
Cambodian Deputy Prime Minister Sun Chanthol held talks earlier this week with a delegation of the Atlantic Council of the United States, led by its President and CEO Frederick Kempe, to discuss and exchange views about investment opportunities and potential in Cambodia. According to the Council for the Development of Cambodia (CDC), Sun Chanthol, also […]
Cambodia and the United States have expressed their commitment to reinforce bilateral relations and cooperation through trade and investment activities, according to the Council for the Development of Cambodia (CDC). The commitment was made during a bilateral meeting in Washington DC recently between Sun Chanthol, Deputy Prime Minister and First Vice President of the CDC, […]
A group of investors from China’s Yunnan Province recently toured the Kingdom to explore agro-processing sector opportunities, supported by representatives from the Cambodia Investment Board (CIB) of the Council for the Development of Cambodia (CDC). The delegation led by Liu Jie, deputy-director of the Yunnan Provincial Commerce Department was welcomed at the CDC’s headquarters in […]
The House Price Index (HPI) reached 112.86 points in the second quarter of 2024, marking a 2.5% increase compared to the same period last year, according to preliminary estimates from the Statistical Service. The index rose by 1.2% compared to the first quarter of 2024. The HPI measures changes in the average price of residential […]
Cyprus’ is set to deliver a fiscal surplus of €1.13 billion in 2025, equivalent to 3.3% of GDP, according to the state budged presented to the House of Representatives. The budget outlines an overall increase in revenues of 6.2% in 2025, with a slight 1.2% reduction in expenditures compared to 2024. Total state expenditure for […]
The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East. Τhe CBC adds that the probability of a […]
Deloitte Cyprus has issued its 13th Transparency Report, covering the period from June 1, 2023 to May 31, 2024. This report presents the firm’s reflections on the 2024 financial year, offering valuable insights and a comprehensive analysis of how it upholds its responsibilities to clients, the market, its people, and society, always adhering to the […]
Cambodia has achieved a Guinness World Record for the largest gathering of supercars at the famed Angkor Archaeological Park in Siem Reap province, Prime Minister Hun Manet announced on Thursday. A total of 179 supercars and hypercars were displayed in front of the iconic Angkor Wat Temple on September 17, showcasing the UNESCO-listed world heritage […]
Solid pub food at chain venue There’s something particularly enjoyable about unplanned joy. A recent visit to Harat’s, an Irish pub in Limassol’s tourist area, was a spur-of-the-moment decision when another restaurant across the street was full. Instead of waiting for a table, we finally tried Harat’s out. Harat’s is part of a larger international […]
During the three-day Pchum Ben festival, Siem Reap province welcomed nearly 200,000 national and international tourists, marking an increase of 50.92% compared to last year. According to the Siem Reap Provincial Department of Tourism, from October 1 to 3, 2024, over 180,000 tourists visited Siem Reap, representing a 52.74% rise from approximately 113,000 in 2023. […]
His Excellency Nikos Christodoulides, President of Republic of Cyprus: The Secretary-General of the United Nations, in his report on the Sustainable Development Goals, noted that by the end of 2022, there was more than a 50% increase in civilian deaths during conflicts and the violent displacement of 108 million people worldwide. I regret to point […]
Cyprus’s property market saw robust activity in August 2024, with the top 50 transactions across the island totalling 45.6 million euros, according to data analysed by Ask Wire. The most expensive sale was a 5.4 million euro residence in Agios Tychon in Limassol, real estate consultancy Ask Wire reported on Wednesday. Limassol and Paphos districts dominated […]