How much pleasure can be found in a cup of coffee? How much history does it carry in its froth and how much ideology drips from its dregs? There is more to a cup of Cyprus coffee than its strong, bitter taste. In a new book on the matter, Aspasia Papadima unfolds the secrets of […]
A month after Prime Minister Narendra Modi’s visit to Cyprus, two Cypriot shipping companies – Interorient Navigation and Danship and Partners – have announced a collaboration to invest Rs 10,000 crore in the Indian shipping sector. “This investment of INR 10,000 crore is, by far, the largest-ever FDI (foreign direct investment) in the Indian shipping […]
Cambodia collected $1.47 billion in customs revenue in the first half of 2025, a year-on-year increase of 21 percent, the General Department of Customs and Excise (GDCE) said on Saturday. “The GDCE has achieved 58.6 percent of the revenue target set for the entirety of 2025,” GDCE Director-General Kun Nhem said in a press release. […]
Synopsis: Cambodia Airports will bring its expertise and experience to optimise operations at the large-scale airport complex with its terminal spanning over 240,000 square metres. Cambodia Airports has been named as the operator of the Techo International Airport, which is scheduled to open in September 2025. To operate the new international Phnom Penh airport, set […]
Synopsis: The surge in trade reflects the well-functioning economic artery of the country, driven by Cambodia’s stable and growing purchasing power and demonstrating the competitiveness of its exports. Cambodia’s total trade volume with its top 20 trading partners reached $30.57 billion in the first six months of 2025, representing a strong increase of 17.2 percent […]
Deputy Minister of Shipping Marina Hadjimanolis had a series of high-level meetings in London as part of an official working visit aimed at strengthening bilateral maritime relations between Cyprus and the United Kingdom, and promoting Cyprus’ candidacy for re-election to the International Maritime Organization (IMO) Council, Category C, for the 2026–2027 term. A key highlight of […]
The Chief Scientist, Demetris Skourides, has concluded a high-level business visit to the United Arab Emirates, reinforcing Cyprus’ positioning as a forward-looking hub for artificial intelligence, deep technology, and innovation-led economic growth. The visit formed part of Cyprus’ broader strategy under Vision 2035 to foster cross-border partnerships, attract international investment, and accelerate the global competitiveness […]
The European Banking Authority (EBA) this week launched a public consultation on proposed revisions to its guidelines on product oversight and governance (POG) arrangements for retail banking products. The revised guidelines aim to prevent greenwashing and ensure that financial institutions meet the highest standards of business conduct when offering products with Environmental, Social and Governance (ESG) features to consumers. According to […]
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab Emirates’ move to a larger quota, five sources said. The group, which pumps about half of the world’s oil, has been curtailing production for several […]
Here are the top business stories in Cyprus from the week starting July 7: Cyprus recorded a 2 per cent rise in house prices in the first quarter of 2025 compared with a year earlier, while rents continued to increase across the island, Eurostat data showed. Across the European Union, property prices rose 5.7 per […]
Following the province of Siem Reap, it must be Kampot province. Across the world, the name Kampot shines through its famed pepper that the top chefs consider one of the best, if not the best of the best. However, the city and Kampot province don’t have a reputation up to the importance they have had […]
In a remarkable move that redefines employee support within the retail sector, supermarket chain Sklavenitis has introduced the 14th salary to its entire workforce in Cyprus, including employees from the recently acquired Papantoniou stores. This initiative makes Sklavenitis the only supermarket chain on the island to offer this valuable financial benefit to all of its staff—regardless of […]
SolidVes Ltd has submitted an €80 million development proposal to Limassol Municipality, seeking environmental approval for twin 13-storey buildings combining residential, commercial, and office space on a 14,715 square metre plot at the junction of Omonia and Paphos avenues. The proposed development would create 18,719 square metres of built space across two independent structures. The […]
Cyprus emerged as one of the EU’s most active countries for online cultural engagement in 2024, with 94 per cent of internet users watching TV or videos online. This placed the island just behind the Netherlands and Finland, which topped the list at 96 per cent each, according to Eurostat revealed this week. By contrast, Romania reported […]
PwC Cyprus on Friday released a statement outlining their support for this year’s Invest Cyprus International Investment Awards, with the firm being a platinum sponsor of the event. The event, organised by Invest Cyprus under the auspices of president Nikos Christodoulides, reaffirmed Cyprus’ position as a regional hub for international business and recognised distinguished foreign investors […]
Our travel maven, Dr Iroshini Chua, takes us on another fabulous adventure. Setting the scene: A turquoise mirror flecked with emerald isles stretched before me as the speedboat sliced through the waves of the Gulf of Thailand toward Song Saa Private Island. 45 minutes from Sihanoukville’s port, this secluded haven in Cambodia’s Koh Rong Archipelago appeared from […]