The maritime passenger connection between Cyprus and Greece will restart on 29 May, Deputy Minister of Shipping Marina Hadjimanolis has announced. She also noted that bookings could be made from 17 April, adding that the public response to the service had surpassed all expectations. Speaking during a press conference at the Limassol Chamber of Commerce […]
AstroBank on Tuesday released its financial results for the year ending December 31, 2023, reporting a profit after tax of €30.4 million, while also marking a Return on Equity (RoE) of 13.9 per cent, compared to a profit of €12.2 million and RoE of 6.2 per cent in the previous year. Aristidis Vourakis, AstroBank’s Chief Executive Officer, said that “2023 […]
Chief Scientist Demetris Skourides recently concluded a series of meetings in Tokyo, seeking to bolster cooperation between Cyprus and Japan in the fields of research and innovation. According to an announcement released on Tuesday by the Research & Innovation Foundation (RIF), during his visit to Japan, Skourides engaged in key discussions and meetings, underscoring the […]
Application for ReflectX 2024, the second edition of the startup programme where innovation meets opportunity, is now open. Designed for ambitious startups from Seed to Series-A, ReflectX offers a unique blend of access, connections, and visibility. “After a successful 2023 debut, the ReflectX startup programme will be back, broadening its scope and raising the bar […]
Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, on April 10, held fruitful discussions with His Excellency Igor Driesmans, Ambassador of the European Union to the Kingdom of Cambodia, in a courtesy call by the latter at the ministry. During the meeting, the Deputy Prime Minister extended his heartfelt […]
The Siem Reap Provincial Department of Tourism state that 7,807 foreign tourists and 415,000 national and local tourists have visited Siem Reap during the Khmer New Year holiday All images: Fresh News
Some 1.38 million people travelled to tourism destinations across Cambodia on the first day of Khmer Traditional New Year holiday, according to a report released today.More than 1.36 million of them are local tourists and nearly 20,000 are foreigners, it added. Battambang region, including Banteay Meanchey, Battambang, Pailin and Pursat provinces, attracted the most tourists, […]
In Q4 of 2023, two-bedroom apartments were the main attraction for buyers in Cyprus, according to Ask Wire‘s findings, which emerge from continuous monitoring of the development of 421 high-end projects across Cyprus. Throughout the last quarter of that year, a total of 240 sales was completed, amounting to €154 million in value. Specifically, in October, 89 […]
A long journey of milestones, difficult moments, and achievements for the country’s largest financial institution was how the Bank of Cyprus described its 125-year history. A vision that took root over a century ago, driven by the aspirations of the Cypriot people, was destined to evolve into the largest financial institution of the country. The anniversary was marked […]
President Nikos Christodoulides will on Monday travel to London for a series of contacts with financial parties, entrepreneurs and investors. As part of his visit, the president will participate in a business forum during which the prospects of Cyprus as a business and investment centre will be presented, at the High Commission of the Republic. Christodoulides will […]
President of the Cyprus Stock Exchange (CSE) Marinos Christodoulides recently released a statement underscoring the significance of developing the bond market within the CSE framework. In addition, Christodoulides highlighted the introduction of European Medium-Term Notes (EMTNs) from the Republic of Cyprus into the CSE, alongside ambitious growth plans for the exchange. “The Cyprus Stock Exchange, as part […]
The Cypriot Ministry of Finance stated on Monday that there are currently no risks to the Cypriot economy from regional developments. However, it emphasized its readiness to closely monitor the situation and take necessary actions and measures, following an extraordinary meeting convened by Minister Makis Keravnos in the morning. (ekathimerini)
The Republic of Cyprus is entitled to request from the implementing entity – Greece’s Independent Power Transmission Operator (ADMIE) – an updated report on the cost-benefit analysis regarding the electricity interconnection between Cyprus and Greece as well as the updated business model, Cypriot Minister of Energy, Commerce and Industry George Papanastasiou has said. Speaking from […]
President Nikos Christodoulides is travelling to London for a series of meetings with financial stakeholders, entrepreneurs and investors. As said in a written statement by the Government Spokesman, Konstantinos Letymbiotis, as part of the visit, the President of the Republic will participate in a 16 April event with businessmen and investors which will take place […]
The car market is continuing its upward streak, with passenger saloon car registrations up 23.3% in the first quarter of 2024, reaching 10,189 compared to 8,264 in the same period last year. A slight decrease has been recorded in the registrations of used saloon cars, which constitute the majority with 56.2% (5,724) against the 43.8% […]
Cambodia registered some 13.35 million holiday makers on the first three days of Khmer Traditional New Year Festival, from April 13 to 15, according to a report released yesterday. Almost 13.28 million of them are national tourists and 81,745 are foreigners, it pointed out. Kampong Cham province recorded the highest number of tourists with over […]