Government employment in Cyprus recorded a 3.9 per cent increase in the first eight months of this year compared to the same period in 2023, according to a report released this week by the Cyprus Statistical Service (Cystat). According to the report, the total number of people employed by the government reached 52,452 in August […]
The Cambodian tyre market is set to witness a significant boost as two new tyre factories with a combined investment capital of nearly $700 million enter the country. The two tyre factory investment projects were approved by the Council for the Development of Cambodia (CDC) in August 2024. According to the CDC, the investment project […]
The Deputy Ministry of Social Welfare has announced the commencement of a one-off grant of €150 as part of the support package for families with school-aged children for the 2024-2025 school year. This one-off grant amounts to €150 per family and will be paid directly into the bank accounts of families eligible for the child allowance, […]
Larnaca and Paphos airports experienced their busiest month ever in August 2024, with a total of 1.6 million passengers passing through. This marks a significant increase of 5.7% compared to the same period last year. According to ACI EUROPE, the top markets for Cypriot airports were the United Kingdom, Greece, Israel, Poland, and Germany. The most popular […]
Work on the Cyprus-Greece electrical interconnection (Great Sea Interconnector-GSI) project is continuing, Greek Environment and Energy Minister Theodoros Skylakakis said after the end of the GSI meeting at the Presidential Palace. He also noted that the negotiations will continue “also at the political level”. “As the President of the Republic said, this meeting was constructive. […]
Hellenic Bank successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note (EMTN) programme, according to an announcement released on Wednesday by the bank. The bond was issued after meeting the customary conditions, with the total order book exceeding €370 million, representing a 3.7-fold oversubscription. The bond will be […]
The Paphos Regional Tourism Board (Etap) this week said that preparations are in full swing in the village of Panagia as it gears up to host this year’s grape festival this coming Sunday, September 15. According to the announcement, the event is now in its fourth year and will celebrate the grape harvest with a […]
A welcome escape in the hills The expression “a little piece of paradise” is often overused, but it is very apt when it comes to The Secret Garden. We were thrilled to discover this restaurant during a day in the hills in an effort to escape the humidity of Paphos. The village is famous as […]
Total motor vehicle sales for the period of January to August rose by an annual 16% with saloon car sales increasing by 13%, including rising sales of EV and hybrid cars, data published by CySTAT show. Total registrations of motor vehicles increased by 15.9% to 34,391 in January-August 2024, from 29,673 in the respective period […]
The Monitoring Committee on the renowned Cypriot white cheese, Halloumi, will convene for its first meeting in the last week of September, Minister of Agriculture, Rural Development and the Environment Maria Panagiotou has said. Speaking to CNA, Panagiotou announced the Committee’s first meeting comprising representatives of all stakeholders in the Halloumi production process, following the […]
Sampling Ktima Gerolemo wines at Cavaway Boutique No one can argue against Omodhos village being the wine capital of Cyprus. It is surrounded by several wineries and their vineyards cover mountain tops such as Afames and Kremnos of Laona. Not far from Limassol, built on the west bank of Cha-potami, Omodhos buzzes every day with […]
A seven-metre statue of a winegrower was on Monday placed in its traditional spot in Limassol’s municipal garden ahead of the city’s 63rd Wine Festival. The festival is set to begin on September 28 and will last until October 6. The statue, known as vragaman, is of a man in traditional Cypriot dress, including a waistcoat […]
The weekend’s Ed Sheeran concerts were the biggest in terms of audience to ever have been staged in Cyprus, with 45,000 guests attending from 42 different countries. Speaking to the Cyprus Mail, Helen Katsamba of organiser Moonlight Show Productions said Larnaca was packed full of people wanting to see the concert. “All the hotels were full,” she […]
The Council for Development of Cambodia (CDC) approved 53 new projects worth $1.2 billion in August, generating approximately 33,000 jobs for the local people, said a report yesterday. China remained the top investor in Cambodia, accounting for 84 percent of the total investment capital, a result of the strong economic ties between the two countries. […]
Cyprus has registered the third highest annual growth rate in the European Union in the second quarter of this year, according to new data released by Eurostat. Based on seasonally adjusted data, the Cypriot GDP expanded by 3.7% in Q2 2024 compared with the respective period of last year, the third best performance behind Malta […]
Deputy Minister of Research, Innovation and Digital Policy Dr Nicodemos Damianou was in India on an official visit on 5-6 September, heading a delegation participating in the “CII India Mediterranean Business Conclave” business forum, where he also met with Indian investors interested in doing business in Cyprus. The forum, was organised by the Indian Ministry […]