The federation of employers and industrialists (Oev), marking 65 years of activity in Cyprus, has long prioritised internationalisation as a strategic pillar for strengthening the competitiveness of local businesses. Specifically, Oev official Marcos Kallis stated that access to international markets is no longer considered optional, but essential. As part of its ongoing efforts to support […]
Cambodia’s imports of diesel fuel and petroleum oils inched up in the first quarter (Q1) of 2025, as the price of oil decreased, a General Department of Customs and Excise’s report showed. The value of diesel fuel and petroleum oil imports totalled $961 million during the January-August period, up 1.3 percent over the same period […]
Touch Bun Hour, Secretary of State at the Ministry of Agriculture, Forestry and Fisheries (MAFF), led a team to inspect and evaluate the cashew harvest in Kampong Thom province, noting that the price of cashew nuts in 2025 is the highest within the five-year period from 2021 to 2025, thanks to favourable market conditions. According […]
Trade between two neighbouring nations Cambodia and Thailand reached $1,148 million between January and March, a year-on-year increase of 2.2 percent, as the two leaders are about to agree on enhancing further trade and investment cooperation during the Thai Prime Minister’s two-day visit to Cambodia. From January, Cambodia exported $255 million worth of products to […]
Prime Minister Hun Manet yesterday said that the Kampot International Tourism Port development project is part of a broader infrastructure initiative aimed at fostering inclusive tourism growth in the Greater Mekong Subregion. Presiding over the official inauguration ceremony of the Kampot International Tourism Port in Kampot province, Mr Hun Manet described it as “a significant […]
Chinese President Xi Jinping’s recent state visit to Cambodia once again ignited the hopes of the $4 billion high-speed railway project, as the Chinese ambassador announced productive discussions with the Royal Government on Saturday. A day after President Xi concluded his fruitful visit to the Kingdom, Chinese Ambassador to Cambodia Wang Wenbin during a presser […]
Against a backdrop of shifting global business dynamics and the pressing need to adapt to international economic developments, the 15th Nicosia Economic Congress hosted a high-level discussion last week on Cyprus’ future as an international business and financial centre. The conversation highlighted critical issues — from the need for swift delivery of justice, to the […]
The Royal Government Friday unveiled details of the Public Private Partnership (PPP) contract worth $1.156 billion between Cambodian and Chinese companies for the development of the Funan Techo Canal (FTC) project, structured under a 51-49 percent ownership model. The budget disclosure came a day after the agreement was formally signed by Sun Chanthol, Deputy Prime […]
The Paphos regional tourism board (Etap) this week said that its digital tourism campaign is exceeding expectations, with the organisation reporting that its goals have already been significantly surpassed. According to an official announcement, “since the launch of the campaign in mid-February, more than five million promotional messages have been distributed across various communication channels”. […]
By Pavlos Loizou Limassol continues to lead the Cypriot property market—not just in volume, but in the depth of insight it now offers to those with the tools to interpret it. In 2024, the city recorded 7,348 property sales with a total value of €2.53 billion, reaffirming its position as the country’s most active and competitive real estate […]
With impressive growth in traffic, number of listings, and technological innovation, the BuySell platform is outperforming every other real estate website and app in Cyprus — and the numbers prove it. 1. The Most Popular Real Estate Website in Cyprus In March 2025, the website BuySellCyprus.com surpassed two million visitors, marking a historic record for the Cypriot property market. […]
Cyprus has long held an irresistible allure for those in search of a life less ordinary. With more than 300 days of sunshine a year, turquoise beaches, and a Mediterranean pace that blends leisure with lifestyle, it’s no surprise that the island is fast becoming one of Europe’s most desirable luxury property destinations. From its […]
Here are the top business stories in Cyprus from the week starting April 14: Despite facing persistent structural challenges, the Cypriot manufacturing industry continues to demonstrate remarkable resilience in the face of international turbulence, according to the Employers and Industrialists Federation (Oev). Moreover, the organisation has stressed that bolstering the sector’s competitiveness through controlling production […]
The village of Mammari in the Nicosia district is once again breaking with national tradition by lighting its Easter bonfire not on Holy Saturday night, as is customary across Cyprus, but on Easter Sunday instead. Locals gather in the village square to celebrate the Resurrection in their own distinct way, adding a personal touch to […]
The number of electric vehicles (EVs) in use in Cambodia is expected to rise significantly by the end of this year, with a BYD assembly plant scheduled to begin turning out new vehicles in late 2025. During an April 10 meeting between the leadership of the Council for the Development of Cambodia (CDC) and a […]
Cambodia and China have signed an agreement on the Funan Techo Canal project worth $1156 million. The signing ceremony took place on April 17, 2025, during the state visit to Cambodia of Chinese President Xi Jinping, reflecting the high-level consensus reached between Xi Jinping, Samdech Techo Hun Sen, President of the Cambodian Senate, Prime Minister […]