Untapped potential of Tonle Sap

Untapped potential of Tonle Sap

The uniqueness of the Tonle Sap River with its charming floating villages lies in its annual flow reversal, flowing one way for half the year and in the reverse direction for the other half. Travel operators see tremendous potential in promoting the river as a tourist attraction in Cambodia. Tourists often like to see different […]

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Thai horticultural firm seeks to gain qualified investor status with CDC

Thai horticultural firm seeks to gain qualified investor status with CDC

Paper Tree (Cambodia) Co., Ltd., a plantation and wood chipping company with various pre-existing horticulture operations across Cambodian provinces, has unveiled plans to register its projects with the Council for the Development of Cambodia (CDC) to gain qualified investor status. The move looks to expand the Thailand-headquartered company’s cooperation on forestry investments with local investors […]

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President travels to Belgium for EU Summit

President travels to Belgium for EU Summit

President of the Republic Nikos Christodoulides will travel to Belgium, where he will address the College of Europe in Bruges on Wednesday and will participate on Thursday in the European Council meeting in Brussels, Government Spokesman, Konstantinos Letymbiotis, has said, adding that the President will also attend a working lunch of the EU leaders with […]

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House considers reducing fees for Cyprus startups

House considers reducing fees for Cyprus startups

The House Committee on Energy, Trade, Industry and Tourism this week revisited a proposal aimed at abolishing fees for innovative startups, in a bid to boost innovation and entrepreneurship. This initiative represents an effort to support startups by reducing financial burdens while ensuring compliance with regulatory standards, thereby fostering a thriving ecosystem for innovation and entrepreneurship. This proposal, […]

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VC fund with presence in Cyprus invests $1.5 million in games studio

VC fund with presence in Cyprus invests $1.5 million in games studio

ROAR Games, a new independent games studio focused on original game development, has announced that it has secured $1.5 million from The Games Fund (TGF), a specialist early-stage VC fund with offices in New York and Cyprus. It should be noted that The Games Fund, which invests in innovative early-stage games and game tech companies, was founded by games industry veterans, and holds […]

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Cyprus to invest in Green Kiosks

Cyprus to invest in Green Kiosks

Cyprus marked a significant step forward in its environmental efforts on Tuesday with the signing of a contract for the supply and installation of 50 prefabricated Green Kiosks to serve as recycling pickup points in mountainous and remote regions. According to a statement from the Environment Department, the contract was signed between the latter and […]

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Hadjimanolis participates in European Summit held during CLIA CruiseWeek

Hadjimanolis participates in European Summit held during CLIA CruiseWeek

The Shipping Deputy Minister, Marina Hadjimanolis recently participated at the European Summit held during CLIA #CruiseWeek organised by the Cruise Lines International Association (CLIA). As noted in a LinkedIn post by the Deputy Ministry, the event was held in Genoa, Italy, between 12-14 March 2024. Hadjimanolis participated in the panel on the decarbonisation of the cruise industry, during which […]

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Tourist arrivals up 5% y-o-y in February

Tourist arrivals up 5% y-o-y in February

Last February, 125,034 tourists arrived in Cyprus compared with 119,081 in the same month of 2023, recording an increase of 5%, Cystat said. Arrivals from the UK, the island’s main source of tourism, made up 24.6% (30,774) of total arrivals, followed by Poland with 13.3% (16,591), Israel with 10.6% (13,290), and Greece with 10.3% (12,835). […]

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Cyprus supports effort to boost girls’ participation in STEM

Cyprus supports effort to boost girls’ participation in STEM

The  Empowering Girls in STEM Project (EGI-STEM) conference, which took place from February 27 to 29 in Nitra, Slovakia, put a spotlight on the vital need to boost girls’ participation in Science, Technology, Engineering, and Mathematics (STEM) programmes. This event, according to an announcement released on Tuesday by the Ministry of Education, Culture, Sport and Youth, marked the culmination […]

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Cyprus based startup expands to Dubai — ambitious plan to acquire 150 apartments

Cyprus based startup expands to Dubai — ambitious plan to acquire 150 apartments

Cyprus-based proptech startup Moving Doors, which provides tech-enabled serviced apartments, has announced its official expansion to Dubai, United Arab Emirates, marking a significant step in its international growth strategy. According to an official announcement, the company will begin operations immediately, focusing on two key areas, generating contacts and acquiring landlords. This will be followed by the launch […]

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Keve to host seminar on green business transition

Keve to host seminar on green business transition

In response to the growing demand for businesses to adopt more sustainable and environmentally friendly practices, the Cyprus Chamber of Commerce & Industry (Keve) is set to host a seminar titled “Green Business Transition”. According to an announcement by the chamber, this event aims to inform businesses about the importance and implications of transitioning towards greener practices. […]

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