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 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 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 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 […]
Cambodia and Japan have stressed the importance of expanding and deepening the ‘Comprehensive Strategic Partnership’ between the two countries, including the “co-creation of economic and social development cooperation based on the trust and friendship that both countries have built over the years”. Prime Minister Hun Manet and Japanese Prime Minister Ishiba Shigeru, during a bilateral […]
Cambodia’s famed Angkor Archaeological Park generated $24.5 million from ticket sales in the first five months of 2025, a 10.6 per cent increase compared to the same period last year, according to an official report released on Sunday. The UNESCO-listed Angkor attracted 527,577 international tourists during the January-May period this year, up 11.7 percent compared […]
The Cyprus Energy Regulatory Authority (CERA) has announced the acceptance of a Cyprus Transmission System Operator (TSO) proposal to start the commercial operation of the Competitive Electricity Market on 15 September, 2025 and the determination of 1 October, 2025 as the first Trading Day. The Cyprus Competitive Electricity Market is a restructured energy framework designed […]
This Cannes Film Festival this year was a good one for Cyprus: not only did the highly prestigious event feature two films produced on the island under the Cyprus Film Scheme, but it also included key discussions with international filmmakers and producers for more to come. “This year’s Cannes Film Festival was a great success […]
Greece’s Sfakianakis Group launched last Thursday in Nicosia the first showroom for Chinese electric vehicle brand BYD that is rolling into the Cypriot market after its successful entry into the Greek one. BYD, short for “Build Your Dreams,” will open two showrooms, the second being in Limassol, offering Cypriots a first-hand look at its latest […]
Cypriot maritime technology firm Tototheo Global was among the international companies participating in Asia Tech x Singapore 2025, one of the region’s leading technology events, held from May 27 to 29 at the Singapore EXPO and Capella Singapore. The delegation, led by co-CEO Despina Panayiotou Theodosiou, included CCO Vlassis Papapanagis and Head of Sales Marios […]
Total deposits in Cyprus recorded a net increase of €492.9 million in April 2025, compared to a net decrease of €66.3 million in March 2025, according to statistics published by the Central Bank of Cyprus (CBC). The annual rate of change in total deposits reached 7.6 per cent in April, up from 7.1 per cent […]
Portrait of the island’s vibrant climbing community Those exploring Cyprus with a curious mind and a sense of adventure normally opt for the coastline with scuba diving, jet skiing and parasailing among the most popular adrenaline-boosting outdoor activities. But beyond the sandy beaches a far different adventure awaits. Mountains begin to rise on the horizon, marking the […]
PHNOM PENH, May 31 — Cambodian women are stepping up in the fishery products sector, transforming their roles from traditional producers to key players in the global market. Enterprising women entrepreneurs, dominating at least 60 per cent of the micro and small informal enterprises, are now upgrading their post-harvest processing skills in the fishery sector […]
The passenger-vehicle ferry Daleela departed Limassol port today, inaugurating the fourth consecutive year of the Cyprus-Greece maritime passenger connection. The first voyage carried 187 passengers along with 66 vehicles, 36 motorcycles and eight pets. Deputy Minister of Shipping Marina Hadjimanolis attended the launch ceremony, describing the connection as Cyprus’s “unique maritime gateway to Europe” whilst highlighting growing […]
Cambodia is set to join the global community in commemorating National and World Environment Day on June 5, under the theme “Beat Plastic Pollution”, as part of a worldwide effort to address one of the most pressing environmental challenges of the modern era. World Environment Day, established by the United Nations in 1972 after the […]
Cambodia is poised to gain significantly from the proposed Unified Asean Visa—a Schengen-style initiative designed to enable seamless travel across six Southeast Asian nations: Cambodia, Thailand, Vietnam, Laos, Malaysia, and Myanmar. This would be a game-changer for the tourism industry in the region, opening up new opportunities for international visitors to explore Southeast Asia without […]