Optimism for new tourist season

Optimism for new tourist season

Travel Expo Cyprus 2024, organised by the Association of Cyprus Travel and Tourism Agents (ACTA), kicked off during the weekend, April 19 to 21, with a wave of optimism for the new tourist season. The exhibition, attended by 45 exhibitors, was inaugurated at the state fair grounds in Nicosia. The event saw the joint inauguration by the Deputy […]

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Cyprus Business Now: weekly wrap-up

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting April 15: In recent developments from Cyprus, Marinos Christodoulides, President of the Cyprus Stock Exchange (CSE), emphasised the significance of enhancing the bond market and introduced European Medium-Term Notes (EMTNs) by the Republic of Cyprus into the CSE. These initiatives are part of broader ambitions to expand […]

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$3 million cardboard factory investment gets green light

$3 million cardboard factory investment gets green light

A privately-owned cardboard manufacturing facility has been given the green light for its upcoming investment plans by the Preah Sihanouk Provincial Sub-Committee on Investment, said Kouch Chamroeun, Governor of Sihanoukville Province recently. The company, Cooper Packing (Cambodia) Co., Ltd., intends to construct the factory in O’Chamnar Village, O’Oknha Heng commune, in Sihanoukville province’s Prey Nob […]

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Japanese cherry blossom festival in Cyprus

Japanese cherry blossom festival in Cyprus

This spring season will bring a unique spectacle of local and Japanese cherry blossoms. The sight is so magnificent that a Japanese Cherry Blossom festival is organised for the first time in Cyprus, specifically at Sakura Park in Kambos. This Sunday, the Kambos Community Council, the Kambos-Tsakistra Development Cultural Association and the Embassy of Japan […]

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Cambodia-China cultural tourism exhibition to take place at famed Angkor complex next week

Cambodia-China cultural tourism exhibition to take place at famed Angkor complex next week

A Cambodia-China cultural tourism exhibition is scheduled in the northern part of Bayon Temple in Cambodia’s famed Angkor Archaeological Park, said the Cambodian Ministry of Tourism in a statement released on Saturday. According to the statement, a joint martial arts show titled “When Shaolin Meets Bokator at Angkor Event” will be interspersed with the event […]

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Cambodia mulls DTA talks with seven countries

Cambodia mulls DTA talks with seven countries

Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. Cambodia implemented DTAs with Singapore, China, Thailand, Brunei, Vietnam, Indonesia, China’s Hong Kong Special Administrative Region, Malaysia and […]

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Hellenic Bank and Etyk agree to renew collective agreements

Hellenic Bank and Etyk agree to renew collective agreements

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long period of disagreements”. He described it “as an important day for labour relations in the banking sector.” Panayiotou had submitted a mediation proposal which both Hellenic Bank […]

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