Bernhard Schulte Shipmanagement (BSM), a third-party ship manager headquartered in Limassol, is gearing up for the FuelEU Maritime regulation, which comes into effect in 2025. The company has a fleet of over 670 vessels and a global network of 11 ship management centres. Accrding to an announcement, BSM has integrated innovative digital tools and measures […]
The preliminary General Government fiscal results, prepared by CySTAT, indicate a surplus of €1,431.8m (4.2% of GDP) for the period of January-October 2024, as compared to a surplus of €664.8m (2.1% of GDP) that was recorded during the period of January-October 2023. Revenue According to CySTAT, total revenue, in the period January-October 2024, increased by […]
Archaeologists have made an unexpected discovery during this year’s excavation season at Kouklia-Martsello in Palaepaphos, unearthing a fragmentary inscription in Cypriot syllabary found embedded in a wall dating to the Cypro-Archaic period. The Department of Antiquities of the Deputy Ministry of Culture announced the completion of the fourth excavation period for 2024 at the site […]
As it completed six months of operations on the resumption of flight services to Phnom Penh from Dubai, Emirates, the world’s largest international airline, on Friday expressed optimism about its Cambodia prospects and revealed plans for introducing a world-class retail facility. At a roundtable with the Cambodian media, Mohammed Al Qassim, Emirates’ Country Manager for […]
This audio is generated by an AI tool. By Melissa Stewart 01 Dec 2024 06:15AM (Updated: 01 Dec 2024 06:30AM) Bookmark WhatsAppTelegramFacebookTwitterEmailLinkedIn Two decades ago in 2004, Melita Koulmandas was exploring Cambodia’s Koh Rong archipelago with her former partner on a rented fishing boat when, on the last day, the pair stumbled upon two tiny rainforest […]
Sixty-nine stolen antiquities were handed over to Cypriot authorities in the Austrian capital today and will be transported back to Cyprus over the weekend. According to an Antiquities Department statement, they were delivered by Mr O.D (Austrian citizen who found them and who did not wish for his name to be disclosed) at a ceremony […]
A day trip to Kalopanayiotis shows the island has more to offer than partying at the coast By Philippa Tracy Agro-tourism is one of those phrases that people throw about while other people nod vigorously in approval. It conjures up images of expensive, luxury farm villas in Tuscany, where you pay vast amounts of money […]
Tourism revenue in September 2024 recorded a 6% increase, compared to September last year. For the first nine months of 2024 an increase of 4.9% was also recorded, compared to the same period in 2023. Based on the results of the Passengers Survey carried out by Cystat, revenue from tourism reached €454.1m in September 2024, recording an […]
Cyprus recorded a general government surplus of €1.43 billion, equivalent to 4.2 per cent of GDP, between January and October 2024, according to a report from the statistical service. This was more than double the surplus of €664.8 million, or 2.1 per cent of GDP, reported for the same period in 2023. According to the report, this increase […]
Petrolina (Holdings) Public Limited (PHL) has announced the completion of a €48.6 million deal to acquire ExxonMobil Cyprus. According to the announcement, this includes the company’s 68 Esso-branded service stations, marking a significant expansion of its operations in the Cypriot market. On November 27, 2024, PHL confirmed that MED ENERGYWISE LTD, a wholly owned subsidiary, signed an agreement […]
According to a report issued Thursday by the Ministry of Public Works and Transport (MPWT), Cambodia had registered 2,513 electric cars or electric vehicles (EVs) as of October 2024. The three most popular EV brands in the Southeast Asian country are China’s BYD, Japan’s Toyota, and America’s Tesla. Speaking at an EV showcase event at […]
Cyprus President Nikos Christodoulides had a trilateral meeting at the Presidential Palace with King Abdullah II of Jordan and Prime Minister Kyriakos Mitsotakis of Greece. The leaders had a working lunch on 27 November, in the context of the 4th Trilateral Summit between Cyprus – Greece – Jordan, after which memoranda of understanding in the fields […]
President Nikos Christodoulides on Thursday said there was an urgent need to link education with the labour market, in order to equip Cyprus’ youth for the demands of the modern economy. Speaking at the opening of the 8th National Skills Competition in Nicosia, Christodoulides underlined the role of skills development in boosting individual potential and strengthening the nation’s economic […]
Hellenic Bank on Thursday announced that the Commission for the Protection of Competition has approved its acquisition of CNP Cyprus Insurance Holdings. This represents a major step forward in the overall transaction process with CNP Assurances. According to the bank’s statement, the approval was granted during the commission’s session held on November 27, 2024. The announcement follows Hellenic Bank’s […]
Ancient Cypriot writing was found on a wall dating from the 6th century BC at an archeological dig in Palaepaphos, the department of antiquities said on Wednesday. “The findings that will be revealed from the study of the inscription are awaited with particular interest,” it said of the discovery in the Kouklia-Martsello area. The 2024 […]
Paphos has secured a silver medal in the 2024-2026 Top 100 Green Destinations global rankings, a recognition for coastal quality excellence. The city earned its place after a reassessment by international independent tourism sustainability experts, who evaluated the destination’s commitment to sustainable practices and strategic priorities. The award recognised Paphos’s pristine beaches and the rare […]