Cambodia, China ink 5 deals on FTC project

Cambodia, China ink 5 deals on FTC project

Cambodia and China Thursday signed five agreements concerning the Funan Techo Integrated Water Resources Management Project, widely known as the Funan Techo Canal (FTC). The official signing ceremony was presided over by Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC), and Wang Tongzhou, Chairman of China […]

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Paphos targets UK, EU and Israel in digital tourism drive

Paphos targets UK, EU and Israel in digital tourism drive

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”. In addition, it stated that […]

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Updated Cyprus constitution now in English

Updated Cyprus constitution now in English

The governmental press office on Wednesday announced the official translation and unification of the Republic’s updated constitution into English. The publication will include “a comprehensive, consolidated text of the constitution” including its provisions since it came into operation in 1960 to its most recent 19th amendment, the new constitutional right to a safe, clean, healthy […]

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Cambodia and China Sign 37 Cooperation Agreements Under “Shared Future” Vision, Official Document Confirms

Cambodia and China Sign 37 Cooperation Agreements Under “Shared Future” Vision, Official Document Confirms

Cambodia and China signed 37 cooperation documents on the evening of April 17, under the patronage of Cambodian Prime Minister Hun Manet and Chinese President Xi Jinping, who is on his second official state visit to the Kingdom. Cambodia Investment Review President Xi Jinping’s state visit results in wide-ranging deals on trade, infrastructure, and investment, […]

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Preah Sihanouk investment incentives driving growth

Preah Sihanouk investment incentives driving growth

The investment and construction sectors in Preah Sihanouk Province are expected to see significant improvement following the approval of 287 investment projects, with a total estimated capital of nearly $7 billion. The projects have been granted special policy incentives by the Cambodian government, under the “Special Investment Promotion Program in Preah Sihanouk Province” framework. The […]

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Invest Cyprus joined President Christodoulides on roadshow to strengthen US–Cyprus strategic ties

Invest Cyprus joined President Christodoulides on roadshow to strengthen US–Cyprus strategic ties

In an era defined by rapid transformation and geopolitical complexity, Cyprus is stepping forward with clarity and purpose to reinforce its position on the global investment map, Invest Cyprus has underlined. In a relevant announcement, Invest Cyprus noted that, “From 3 to 9 April, President Nikos Christodoulides visited New York, Houston, and San Francisco, leading […]

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Cyprus hotels see stronger early bookings for 2025

Cyprus hotels see stronger early bookings for 2025

Easter occupancy hits 75 per cent The outlook for Cyprus’ tourism sector appears slightly brighter this year, with early bookings for the first half of 2025 showing a better trend than the same period in 2024, according to president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides Speaking to the Cyprus News Agency (CNA), Michaelides said the flow of […]

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Demetra reports €132m profit, driven by Hellenic stake and equity gains

Demetra reports €132m profit, driven by Hellenic stake and equity gains

Demetra Holdings on Thursday reported robust financial results for the year ending December 31, 2024, with net profit for the group reaching €132.46 million, corresponding to 66.23 cents per share. This marks a substantial increase from €86.23 million (43.12 cents per share) in 2023. The company attributed this performance largely to gains from its investment in Hellenic Bank […]

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