Cambodia to mark Environment Day, focusing on plastic pollution
Cambodia is set to join the global community in commemorating World Environment Day, under the theme “Beat Plastic Pollution,” as part of a worldwide effort to combat one of the most pressing environmental challenges of the modern era. King Norodom Sihamoni is scheduled to preside over the event on June 5, at the Win-Win Memorial […]
€6.2 million funding scheme launched for startups
The Research and Innovation Foundation (RIF) has launched two new funding calls, Seed and Innovate, targeted at boosting the growth of startups and supporting existing firms in scaling their products and services for global markets. The combined budget for the two calls stands at €6.2 million. The Innovate programme, with a total allocation of €3.2m, is designed […]
Jan-May Angkor ticket sales up 12%, tourism recovery gathers momentum
Nearly 530,000 international tourists purchased tickets to visit the Angkor Archaeological Park in the first five months of 2025, allowing Angkor Enterprise to collect over $24 million in revenue — slightly more than 10% more than the same period last year. With sales from its other locations, the institution earned nearly $26 million. Angkor Enterprise, […]
TSOC Director has asked CERA for in principle approval for energy storage
The Director of the Cyprus Transmission System Operator (TSOC), Stavros Stavrinos, has said TSOC has applied to the Cyprus Energy Regulatory Authority (CERA) to secure an in principle approval to develop energy storage systems, exercising the right granted to it by the law. Speaking to CNA on 1 June, Stavrinos said that the TSOC is responding […]
Port Authority outlines €350m Vasilikos expansion and €52m Latchi investment
The Cyprus Ports Authority (CPA) has reaffirmed its commitment to two major infrastructure projects, the industrial expansion of the Vasilikos port and the sustainable redevelopment of the Latchi marina, as it marks 52 years of service to the Republic of Cyprus. During a recent media briefing held at the Vasilikos Cement Plant, CPA Director General Anthimos […]
Ferry link with Cyprus resumes
The Daleela ferry launched its first Cyprus-Greece service for the 2025 maritime season on Saturday, just as officials announced a surge in cruise tourism and reaffirmed Cyprus’ ambition to become a key player in the global cruise sector. Deputy Shipping Minister Marina Hadjimanolis, speaking at Limassol Port, highlighted strong public demand and projected 170,000 cruise […]
New law ushers in ‘new era’ for Cyprus investment funds sector
Cyprus has taken a significant step in strengthening its regulatory framework for investment funds, following the House of Representatives’ approval of the Investment Fund Administrators Law. The move is being hailed by the Cyprus Investment Funds Association (CIFA) as a milestone for the sector and a crucial pillar in enhancing investor protection, transparency and regulatory […]
Cyta wins five awards at Cyprus Technology Awards 2024
Cyta secured four gold and one bronze award at the Cyprus Technology Awards 2024, earning recognition for projects that enhance digital accessibility, sustainability, and user experience across the country. The gold awards acknowledged key initiatives including the full population coverage of Cyta’s 5G network, the modernisation of its mobile network infrastructure, the launch of the […]
Retail turnover records strongest growth in April
Retail turnover in Cyprus rose by 6.3 per cent in April 2025, marking the fastest monthly increase so far this year, according to data published by the Statistical Service on Monday.Earlier in the year, the annual increase stood at 2.6 per cent in January, 4.7 per cent in February and 5.6 per cent in March. […]
Bank of Cyprus updates share capital and buyback progress
Bank of Cyprus announced on Monday that its total issued share capital stood at 440,828,633 ordinary shares of nominal value €0.10 each as of May 31, 2025, “with each ordinary share carrying one vote.” According to the announcement, “the company holds 4,593,842 ordinary shares as treasury shares, pending cancellation which shall take place at the […]
