Cyprus recorded its highest-ever number of tourist arrivals for the January–April period, which the government described as ‘historic’, reinforcing efforts to establish the island as a year-round destination. Speaking at a media briefing at the presidential palace on Tuesday, government spokesperson Konstantinos Letymbiotis said the latest figures from the Statistical Service confirm the strong trajectory […]
President Nikos Christodoulides has inaugurated Cyprus’ Business Support Center (BSC) – a one-stop-shop for both Cypriot and foreign investors seeking to establish or expand their business activities in Cyprus. The launch of the BSC marks a significant milestone in the government’s efforts to cut red tape, streamline services, and attract strategic investment. The new Business […]
The Cyprus Chamber of Commerce and Industry (Keve) has welcomed the launch of the new Business Support Center, describing it as a long-standing demand finally addressed, and a much-needed tool to reduce red tape, support investment and restore confidence in Cyprus as a business destination. In a statement posted on X, social media platform, the […]
Limassol will host the European Maritime Day (EMD) on May 21 and 22, 2026, as Cyprus takes the helm of the EU presidency, welcoming the continent’s maritime community to the island’s for two days of dialogue, networking, and action on the future of Europe’s blue economy. The handover ceremony took place on Friday in Cork, […]
Lots of local talent at revamped Fengaros Festival 2025 With summer just around the corner, it is time to start looking ahead to the epic summer festivals that will fill the cultural agenda. One of them is Fengaros Festival, an institution that has never been a stranger to reinvention. Its 13th edition this year signals […]
Paphos’ municipal ‘park of colours’ was inaugurated on Sunday, coinciding with the city’s flower festival. The event began with a procession of floats and a children’s parade in the new urban green space, which was buzzing with music, dance and creative and sports activities throughout the day. Paphos mayor Phedonas Phedonos said the project combined […]
To bolster the nation’s energy infrastructure, the Cambodian Parliament has officially approved a draft law facilitating payment guarantees to 24 electricity investment companies. This landmark decision was made during the fourth session of the seventh National Assembly, which was held on May 22, 2025. The new law comes in response to the surging demand for […]
As double taxation agreements (DTAs) between Laos and the Philippines with Cambodia are set to enter into force soon, Cambodian economists are optimistic that foreign direct investment (FDI) from the two countries and bilateral trade will rise. Cambodia’s general department of taxation believes the DTAs are not designed to avoid double taxation; they also build […]
Average monthly earnings in Cyprus increased by 5% in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by CySTAT. On a quarterly basis, and after adjusting for seasonal fluctuations, earnings rose by 1.2% in Q4 2024 compared to the previous quarter. Specifically, the average monthly earnings […]
The message that Cyprus has always been and will always be an investment destination has been sent by the Managing Partner of K. Treppides & Co Group, Marios Cosma, who also emphasises that the country’s image has changed. In an interview with InBusinessNews, Cosma makes particular mention of the change in approach on the part […]
A versatile grape deserves to be celebrated every day It is the time of the year when our taste buds prepare to welcome the hot summer months. Lots of aromatic whites, light reds and plenty of bubbly. And while rosé isn’t getting the breathless press it was a few years ago, wine afficionados are still […]
It’s not just the beaches and nightlife that bring visitors year after year — centuries of history and culture amid spectacular scenery make this the perfect destination Xenia Taliotis Friday May 23 2025, 5.00am BST, The Times Every generation of my family has been born in Cyprus and the magnetic pull of its blue-flag beaches, […]
The Ministry of Mines and Energy (MME) is holding consultations with the private sector to highlight the requirement for a comprehensive regulatory framework for EV charging services in the Kingdom. This was stressed at an event organised by the MME under the theme ‘Principles and Procedures for Managing and Regulating the Development and Provision of […]
Cyprus President Nikos Christodoulides has issued a heartfelt invitation to Cypriots living abroad: Come home and help build the future of Cyprus. Speaking in London to more than 750 Cypriot professionals at the “Minds in Cyprus” event, the president unveiled a national action plan designed to bring talented expats back to the island. The goal […]
ASBISc Enterprises on Thursday announced estimated consolidated revenues of approximately $255 million for April 2025, marking a 33 per cent increase compared to the same month last year. In an announcement submitted to the Cyprus Stock Exchange (CSE), the company disclosed the figures as part of its commitment to regular revenue updates. The company clarified that the reported data is […]
During a second panel discussion ‘Why I went Back: Stories of Return, Belonging, and Impact,’ at the Minds in Cyprus event in London, speakers focused on the reasons they came back to Cyprus and what helped them to grow and adapt. The panel was moderated by Charis Kynigou, Executive Board Member, Head of Private Banking, […]