Tourist arrivals recorded an annual increase of 13.7% in May 2025 as, according to CySTAT, the number of tourist arrivals reached 479,160 in May 2025 compared to 421,400 in May 2024. For the period of January – May 2025, arrivals of tourists totaled 1,344,486 compared to 1,170,214 in the corresponding period of 2024, recording an […]
Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity seen in the sector, with recent developments underscoring the country’s ambition to position itself as a credible European investment hub. According to Panayiotou, the […]
Cyprus is ramping up efforts to boost workforce skills with a fresh wave of training programmes, set to launch in the second half of 2025. The schemes have just been approved by the human resources development authority (Anad) and will be delivered exclusively through certified vocational educational centres across the country. The programmes aim to […]
Minister says similar projects planned to boost sports infrastructure nationwide Transport Minister Alexis Vafeades expressed pride on Wednesday during a presentation of the newly upgraded Spyros Kyprianou Athletic Centre in Limassol, ahead of its role as a host venue for FIBA EuroBasket 2025. “I am very proud of the entire team behind the renovation of this stadium, and for delivering […]
Synopsis: The Cambodian rice sector has recorded significant growth. With the solid backing from the Royal Government over the past decade, the Cambodia Rice Federation (CRF) registered a record growth of producing over 14 million tonnes of rice in 2024. Marking its 10th anniversary on Monday, the CRF summed up its achievements saying it has […]
Cyprus should follow Malta’s example for purchasing energy It is now official. The commercial operation of Cyprus’ Competitive Electricity Market commences on September 15, with the first trading day on October 1. It took an inordinate length of time to get there, but already there are doubts about how appropriate the adopted ‘target model’ is […]
Cambodia’s financial sector is undergoing a significant transformation, with a strong focus on sustainability, responsibility, and community empowerment. Financial institutions, including commercial banks and microfinance institutions (MFIs), are increasingly adopting ethical lending practices and environmental, social, and governance (ESG)-aligned financing to foster inclusive economic development. The movement gained traction in 2019 with the introduction of […]
The production of rice is considered a key strategic crop by the government for ensuring food and nutritional security. It is also a high-potential export commodity among the priority-listed agricultural products selected for annual promotion in international markets, according to Minister of Commerce Cham Nimul. Speaking at the 10th anniversary celebrations of the Cambodia Rice […]
Synopsis: 70,000 show up on TVET Day to find out how a technical and vocational education can give them an edge in job market. The 8th National Technical and Vocational Education and Training (TVET) Day event ended yesterday, having attracted more participants than last year. Sovann Vannaroth, Permanent Secretary of the Ministry of Labour and […]
Japan has introduced a digital eVISA system, making it easier for tourists from select countries to visit for up to 90 days. This guide explains who’s eligible, how to apply, and what travelers should know before boarding a flight. Travelling to Japan just got a whole lot easier. As of May 23, 2025, Japan has officially launched its […]
Cambodia earned $6.14 billion from the export of garments, footwear, and travel products (GFT) during the first five months of 2025, marking a 23.5 percent increase compared to $4.97 billion in the same period last year, pointed out a report from the General Department of Customs and Excise (GDCE) under the Ministry of Commerce. The […]
Cambodia’s trade volume with its fellow ASEAN member states reached $7.2 billion in the first five months of 2025, a 5.5 per cent increase over the same period last year, according to a report released on Monday. The country exported products worth $2.7 billion to other ASEAN countries during the January-May period this year, a […]
The two-day visit that Indian Prime Minister Narendra Modi is making to Cyprus since Sunday lays solid and strong foundations for the redefinition and further strengthening of Cyprus-India business/economic cooperation. The focus of this cooperation is the investment relations between the two countries in the light of Cyprus’ will to transform and establish itself as […]
“I would like to say that the CCCI supports every effort aimed at further developing the business relations between Cyprus and India. From shipping and maritime cooperation, to fintech, and digital transformation, pharmaceuticals, green energy, agriculture and academic exchange,” Cyprus Chamber of Commerce & Industry President Stavros Stavrou has said. Stavrou was speaking at a […]
The Research and Innovation Foundation (RIF) has launched a new €10 million funding scheme to help Cypriot companies turn innovative ideas into high-value products and services. Known as STEP (setting up facilities and production lines for manufacturing new innovative products or services), the programme is part of a series of flagship actions unveiled by president Nikos Christodoulides in the 2025 […]
CSE and NSE explore new investment and listing opportunities The Cyprus Stock Exchange (CSE) has announced that it held a meeting on Monday with senior officials from the National Stock Exchange of India at its headquarters in Nicosia. The meeting marked a follow-up to the recent signing of a memorandum of understanding between the two stock exchanges. Representing the Indian side […]