Cambodia has reported a remarkable increase in the number of Chinese tourists visiting its famed Angkor Archaeological Park in the first five months of 2025, according to an official report released on Tuesday. A total of 43,193 Chinese visitors visited Angkor during the January-May period, representing a 30 per cent increase from 33,292 over the […]
The president of the Employers’ Group Stefano Mallia and the head of the Employers’ Group at the European Economic and Social Committee (EESC) of the European Union Fulvio Bianconi visited the Cyprus Chamber of Commerce and Industry (Keve) on Tuesday. According to an official statement fromt the chamber, they held a meeting with Keve president […]
Deal boosts Cyprus–India connectivity Cyprus Airways and Air India on Tuesday announced the signing of a new interline agreement, aiming to enhance connectivity and travel options for passengers of both airlines. According to the announcement, the cooperation allows travellers to book a single ticket, benefit from a unified baggage policy, and enjoy a seamless transfer experience. This strategic agreement […]
Cambodia is set to join the global community in commemorating World Environment Day, under the theme “Beat Plastic Pollution,” as part of a worldwide effort to combat one of the most pressing environmental challenges of the modern era. King Norodom Sihamoni is scheduled to preside over the event on June 5, at the Win-Win Memorial […]
The Research and Innovation Foundation (RIF) has launched two new funding calls, Seed and Innovate, targeted at boosting the growth of startups and supporting existing firms in scaling their products and services for global markets. The combined budget for the two calls stands at €6.2 million. The Innovate programme, with a total allocation of €3.2m, is designed […]
Nearly 530,000 international tourists purchased tickets to visit the Angkor Archaeological Park in the first five months of 2025, allowing Angkor Enterprise to collect over $24 million in revenue — slightly more than 10% more than the same period last year. With sales from its other locations, the institution earned nearly $26 million. Angkor Enterprise, […]
The Director of the Cyprus Transmission System Operator (TSOC), Stavros Stavrinos, has said TSOC has applied to the Cyprus Energy Regulatory Authority (CERA) to secure an in principle approval to develop energy storage systems, exercising the right granted to it by the law. Speaking to CNA on 1 June, Stavrinos said that the TSOC is responding […]
The Cyprus Ports Authority (CPA) has reaffirmed its commitment to two major infrastructure projects, the industrial expansion of the Vasilikos port and the sustainable redevelopment of the Latchi marina, as it marks 52 years of service to the Republic of Cyprus. During a recent media briefing held at the Vasilikos Cement Plant, CPA Director General Anthimos […]
The Daleela ferry launched its first Cyprus-Greece service for the 2025 maritime season on Saturday, just as officials announced a surge in cruise tourism and reaffirmed Cyprus’ ambition to become a key player in the global cruise sector. Deputy Shipping Minister Marina Hadjimanolis, speaking at Limassol Port, highlighted strong public demand and projected 170,000 cruise […]
Cyprus has taken a significant step in strengthening its regulatory framework for investment funds, following the House of Representatives’ approval of the Investment Fund Administrators Law. The move is being hailed by the Cyprus Investment Funds Association (CIFA) as a milestone for the sector and a crucial pillar in enhancing investor protection, transparency and regulatory […]
Cyta secured four gold and one bronze award at the Cyprus Technology Awards 2024, earning recognition for projects that enhance digital accessibility, sustainability, and user experience across the country. The gold awards acknowledged key initiatives including the full population coverage of Cyta’s 5G network, the modernisation of its mobile network infrastructure, the launch of the […]
Retail turnover in Cyprus rose by 6.3 per cent in April 2025, marking the fastest monthly increase so far this year, according to data published by the Statistical Service on Monday.Earlier in the year, the annual increase stood at 2.6 per cent in January, 4.7 per cent in February and 5.6 per cent in March. […]
Bank of Cyprus announced on Monday that its total issued share capital stood at 440,828,633 ordinary shares of nominal value €0.10 each as of May 31, 2025, “with each ordinary share carrying one vote.” According to the announcement, “the company holds 4,593,842 ordinary shares as treasury shares, pending cancellation which shall take place at the […]
Cambodia and Japan have stressed the importance of expanding and deepening the ‘Comprehensive Strategic Partnership’ between the two countries, including the “co-creation of economic and social development cooperation based on the trust and friendship that both countries have built over the years”. Prime Minister Hun Manet and Japanese Prime Minister Ishiba Shigeru, during a bilateral […]
Cambodia’s famed Angkor Archaeological Park generated $24.5 million from ticket sales in the first five months of 2025, a 10.6 per cent increase compared to the same period last year, according to an official report released on Sunday. The UNESCO-listed Angkor attracted 527,577 international tourists during the January-May period this year, up 11.7 percent compared […]
The Cyprus Energy Regulatory Authority (CERA) has announced the acceptance of a Cyprus Transmission System Operator (TSO) proposal to start the commercial operation of the Competitive Electricity Market on 15 September, 2025 and the determination of 1 October, 2025 as the first Trading Day. The Cyprus Competitive Electricity Market is a restructured energy framework designed […]