Cyprus Business Now: weekly wrap-up

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting July 14: The finance ministry has “absolutely refused” to pay any money to Greece’s independent transmission system operator (Admie) for the Great Sea Interconnector project, on account of the fact that the project is “frozen”, according to reports on Friday. News website Brief […]

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Plans afoot for new beach in Limassol

Plans afoot for new beach in Limassol

A new beach is to be created in the heart of Limassol, the city’s mayor Yiannis Armeftis said on Friday. Speaking to newspaper Phileleftheros, he confirmed that the area, which is located between the shipyard and the city’s marina, west of the city’s centre in an area that was previously off-limits to the public, has already been […]

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Cambodia makes $311 mln from bicycle export in H1

Cambodia makes $311 mln from bicycle export in H1

Cambodia exported bicycles worth $311 million to foreign markets in the first half of 2025, representing a 51.7 per cent year-on-year increase from $205 million, according to a Ministry of Commerce report released on Saturday. Ministry of Commerce Secretary of State and spokesperson Penn Sovicheat said the made-in-Cambodia bicycles had been exported mainly to the […]

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Prince Bank Officially Launches ‘718 Clever Merchant Village’ to Celebrate 10 years of Dedication 

Prince Bank Officially Launches ‘718 Clever Merchant Village’ to Celebrate 10 years of Dedication 

Prince Bank is proud to officially launch the “718 Clever Merchant Village”, from today at Connexion Mall, Koh Pich — a vibrant two-day public celebration marking the bank’s 10th anniversary. The festivities include an exclusive internal launch and a special appreciation dinner with valued partners, sponsors and friends. Held under the theme “A Decade of […]

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EU to Triple Travel Permit Fee to 20 Euros

EU to Triple Travel Permit Fee to 20 Euros

Brussels, Belgium – The digital travel permit for foreigners to enter the European Union should cost 20 euros ($23), almost triple the original planned fee, under a proposal published Friday. The adjustment to the yet-to-be implemented ETIAS scheme for visa-exempt nationals comes as the European Commission seeks to boost its financial resources to fund an array of […]

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