Cyprus’ future prosperity

Cyprus’ future prosperity

The unavoidable imperative of strategic investment The capital divide The economic history of Cyprus is a tale of resilience, often defined by its agile recovery from external shocks and its strategic location. Yet, the demands of the modern global economy, characterised by rapid technological disruption and acute geopolitical uncertainty, require more than mere resilience; they […]

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Historic milestone as Air Cambodia commences Phnom Penh–Tokyo flight

Historic milestone as Air Cambodia commences Phnom Penh–Tokyo flight

Cambodia celebrated a major milestone in its aviation and tourism sectors yesterday with the official launch of the first scheduled flight connecting Phnom Penh and Tokyo, operated by Air Cambodia, the national carrier. The new route, which includes a stopover in Fuzhou, Fujian province, China, marks a significant step forward in strengthening Cambodia–Japan relations and […]

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Cyprus embraces shipping education to meet growing industry demand 

Cyprus embraces shipping education to meet growing industry demand 

Interest in maritime studies has been steadily growing in Cyprus, mirroring the island’s long-standing relationship with the sea and the strength of its shipping industry.   At the Cyprus University of Technology (Tepak), the Department of Shipping has rapidly become one of the country’s most popular academic choices, reflecting both the sector’s prospects and Limassol’s position as a […]

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Cyprus Business Now: economic forum, real estate, digital euro, tax department

Cyprus Business Now: economic forum, real estate, digital euro, tax department

Business & economy wrap-up from the day before The 16th Limassol Economic Forum convened prominent figures to dissect how global disruption is reshaping economies and trade, stressing that resilience, reform, and leadership are crucial for Cyprus and Europe. Deputy Minister Irene Piki detailed the government’s strategy, built on reform, investment, and institutional integrity, to build […]

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Cyprus Business Now: weekly wrap-up

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting October 20: The International Chamber of Shipping (ICS) expressed disappointment following the conclusion of the International Maritime Organisation’s (IMO) Extraordinary Session of the Marine Environment Protection Committee (MEPC) in London, where member states failed to reach an agreement on the Net-Zero Framework (NZF) […]

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Cambodia’s trade with ASEAN exceeds $12 bln in first 9 months of 2025

Cambodia’s trade with ASEAN exceeds $12 bln in first 9 months of 2025

Cambodia’s cultural capital, Siem Reap, has been named one of the world’s top destinations for 2026 by global travel authority Lonely Planet, reaffirming the Kingdom’s growing reputation as a leading cultural and tourism hub. The annual ‘Best in Travel 2026’ list, released on Wednesday, highlights 50 destinations and experiences expected to inspire travellers in the […]

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Cyprus banking on fam trips to boost tourism

Cyprus banking on fam trips to boost tourism

The Deputy Ministry of Tourism is employing the dynamic tool of Fam Trips (Familiarisation Trips) for the tourist promotion of Cyprus abroad, aiming to attract tourists. It is relying on travel agents, journalists, bloggers, and influencers, offering them a trip to the island that includes visits to hotels, attractions, and events so they can experience Cyprus firsthand […]

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AmCham Cyprus elects new board, pledges to strengthen US-Cyprus ties

AmCham Cyprus elects new board, pledges to strengthen US-Cyprus ties

AmCham Cyprus on Friday announced its newly elected board of directors and president, following its annual general meeting held on September 18, and a subsequent board of directors meeting on October 16. AmCham Cyprus, which operates under the Cyprus Chamber of Commerce and Industry (Keve), aims to strengthen trade between Cyprus and the US. In its announcement, the chamber extended its […]

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Digital euro discussions reach Cyprus ahead of ECB decision

Digital euro discussions reach Cyprus ahead of ECB decision

The Central Bank of Cyprus (CBC) on Friday held its first special session on the digital euro, bringing together payment service providers, including banks, payment institutions, and electronic money institutions. The event focused on the European Central Bank’s (ECB) upcoming decision on the next steps of the digital euro project and ongoing legislative negotiations in Brussels on the Single Currency Package. Delivering the opening address […]

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