Tourism board plants palm trees in Larnaca

Tourism board plants palm trees in Larnaca

Fifty palm trees have been planted along the Mackenzie seafront promenade as part of a long-term programme aimed at enriching green areas around the district, Larnaca’s tourism development company Etap said on Tuesday. In addition, it said since the beginning of the year it has also planted over 200 palm trees in Oroklini and restored three fountains […]

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Minister highlights top quality, innovative Khmer food products

Minister highlights top quality, innovative Khmer food products

During a visit to local food processing enterprises yesterday, Minister of Industry, Science, Technology & Innovation Hem Vanndy emphasised the importance of maintaining high standards of quality, safety, hygiene, and innovation in the Cambodian food product sector, with the ultimate aim of gaining international recognition through exports. In a show of support for local businesses, […]

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News for Cyprus Business Now

News for Cyprus Business Now

The Transport Ministry on Tuesday reported a slight increase in passenger traffic at Cyprus’ Larnaca and Paphos airports for July 2024. However, the situation looks better when considering the entirety of the year leading up to July. Specifically, a total of 1,496,715 passengers passed through Cyprus’ two international airports during the month of July alone. […]

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€6 million for connecting research and business sectors in Cyprus

€6 million for connecting research and business sectors in Cyprus

The Research and Innovation Foundation (RIF) on Tuesday announced a new €6 million funding programme aimed at fostering collaboration between businesses and research organisations across Cyprus. According to a RIF statement, the ‘Co-Develop’ call seeks to address critical needs in sectors such as information and communication technology (ICT), advanced materials, agri-food, health, and the environment. The foundation explained that the programme’s primary objective […]

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Cyprus Business Now

Cyprus Business Now

The Cypriot economy continues to display remarkable growth and resilience in the face of a challenging global economic environment, Central Bank of Cyprus (CBC) governor Christodoulos Patsalides said on Monday. Patsalides’ comments were delivered in his introduction to the CBC’s economic bulletin for June 2024, where he highlighted the positive economic indicators that underscore Cyprus’ […]

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Funan Techo Canal to boost trade, bring in investments

Funan Techo Canal to boost trade, bring in investments

Cambodia Monday celebrated the commencement of the highly anticipated Funan Techo Canal project, a massive infrastructure initiative that will play an important role in transforming the country’s economic landscape. The historical day was marked with a groundbreaking ceremony, presided over by Prime Minister Hun Manet. Top government officials, business leaders and representatives from the local […]

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Middle-class growth catalyst for private sector expansion, says Industry Minister

Middle-class growth catalyst for private sector expansion, says Industry Minister

Hem Vanndy, Minister of Industry, Science, Technology & Innovation MISTI), highlighted Cambodia’s socio-economic development and the burgeoning middle class as catalysts for the private sector’s expansion, at the LSH’s 25th anniversary celebration on Saturday. According to the Ministry, LSH is a major importer and distributor of food and non-food products in Cambodia. It has established […]

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