Synopsis: The total value of these transactions touched KHR 128.6 trillion (or $32 billion), marking a 62.2 percent increase year-over-year. The National Bank of Cambodia reported a significant surge in transactions in the Bakong digital payment system in both Khmer Riel (KHR) and US dollar transactions. A mid-year report 2025 of the National Bank of […]
Traffic from the UK accounts for 46 per cent at Paphos, 19 per cent at Larnaca Cyprus airports reached an all-time record in July, with a total of 1,653,880 passengers passing through Larnaca and Paphos airports, surpassing even last year’s August peak, according to Hermes Airports. In a post shared on the company’s official LinkedIn page, Hermes […]
Schemes aim to balance housing demand and supply The response so far to the affordable housing schemes has been encouraging, according to Interior Minister Constantinos Ioannou. He also said that the Cyprus Land Development Corporation (Koag) is planning in the coming years to build and release to the market new affordable housing units for sale and rental. Regarding […]
Limassol continued to dominate Cyprus’ high-end property market in the first half of 2025, accounting for six of the ten most expensive transactions nationwide, with a combined value of €105.7 million, according to real estate analytics firm Ask Wire. The highest-value deal during the period was the €44.8 million sale of part of an apartment […]
An Interview with the Executive Director of Freedom24, Evgenii Tiapkin As Cyprus positions itself as a rising fintech hub in Europe, few companies embody this transformation as vividly as Freedom24. A subsidiary of Freedom Holding Corp., Freedom24 has quickly emerged as a key player in the region’s digital finance space, reshaping how retail investors interact […]
Cyprus links geography to global transport and development strategy Deputy Shipping Minister Marina Hadjimanolis reaffirmed Cyprus’ commitment to development approaches that are inclusive and human-centred during her address at the third United Nations Conference on Landlocked Developing Countries in Turkmenistan. She emphasised the importance of ensuring that all communities benefit from growth, particularly women, youth, and marginalised groups. […]
Sun Chanthol, first vice-president of the Council for the Development of Cambodia (CDC), will lead a Cambodian delegation to Australia at the end of the month to promote Cambodia’s investment potential and attract more direct Australian investment to the Kingdom. The plan was announced during an August 6 working meeting at the CDC headquarters to […]
Tourism board of Larnaca seeks to give ancient history a modern twist to appeal to a new generation of visitors At exactly 10am on a warm Saturday morning, I boarded the Doremi, part of the Larnaca Napa Sea Cruises fleet. The sky was cloudless, the sea crystalline, and the wind blowing lightly as the waves lapped […]
Val’s Place in the quiet village of Gialia will host yet another edition of the Paradise Jazz Festival this summer. This will be its 25th anniversary and so the festival is gearing up for a big, bright and exciting two days to mark the occasion. “We feel proud and grateful because, throughout our 25-year history, […]
How IDEA has helped build 100 startups, empowered over 260 entrepreneurs and shaped Cyprus’ growing innovation ecosystem IDEA Innovation Center, Cyprus’ largest non-profit incubator – accelerator, is celebrating 10 years of nurturing local entrepreneurship and fostering an innovation-driven economy. Founded in 2015 by the Bank of Cyprus and other strategic partners, IDEA operates as a […]
The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced that it will be participating Eastern Mediterranean Conference & Exhibition (EMC) 2025 as an official partner. The event, set to take place in Cyprus from October 20 to October 21, 2025, is the largest of its kind organised in the Eastern Mediterranean region with […]
The Cyprus Investment Funds Association (CIFA) on Tuesday issued a statement welcoming the latest data published by the Cyprus Securities and Exchange Commission (CySEC), which reflect the sustained momentum of Cyprus’ investment fund sector during the first quarter of 2025. According to the Q1 2025 Quarterly Statistical Bulletin, Cyprus had a total of 322 Management Companies […]
Redefining how fast, flexible and human – centred digital ecosystems are built At SPORTSOFT, speed isn’t just a nice-to-have. It’s a necessity. In just a few years, the Cyprus-based tech company has grown into a strategic partner for organisations navigating the sharp demands of digital transformation. Led by CEO Liudmila Marochkina, SPORTSOFT helps clients move […]
Bank sees €509 million in revenue in first half of 2025 The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half of 2025, the bank posted a net profit of €235m, reflecting a 13 per cent […]
Burned out, alone, and done pretending.Then she created Soula It’s not every day you meet someone blending neuroscience, AI, and empathy into a tool designed to change women’s lives, not just their routines. That’s the calm, unrelenting energy Natallia Miranchuk brings to Soula.As founder and CEO, she took her own journey through infertility, postpartum depression, […]
Cyprus-flagged MV CYMONA OCEAN, a new Kamsarmax bulk carrier built by Japan’s Oshima Shipbuilding, has been delivered to the fleet of shipowner Nicolas Hadjioannou and will be managed by Athens-based Alassia NewShips Management Inc. The 82,000 DWT vessel, registered in Limassol, is powered by a MAN B&W 5S60ME-C10.5-EGRBP main engine and classed by a member of the […]