PwC Cyprus hosts ceremony for top ACCA performers

PwC Cyprus hosts ceremony for top ACCA performers

PwC Cyprus recently held an award ceremony to honour seven employees for their exceptional performance in the ACCA exams conducted between September 2024 and March 2025, according to an announcement released on Tuesday. The ceremony was hosted at PwC’s Experience Centre and was attended by the organisation’s Chief Executive Officer, Philippos Soseilos, and Anna Loizou, […]

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Aegean named best regional airline in Europe

Aegean named best regional airline in Europe

Aegean has clinched the title of Best Regional Airline in Europe at the World Airline Awards 2025, extending its remarkable winning streak to 14 consecutive years, according to an announcement released on Turesday. The award ceremony took place on June 17 at the Air and Space Museum during the Paris Air Show. This distinction represents the 15th time […]

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CBC and SWIFT discuss global payment trends in high-level online meeting

CBC and SWIFT discuss global payment trends in high-level online meeting

The Central Bank of Cyprus (CBC), which chairs the National SWIFT Users Group (NSUG), held a high-level online meeting on June 20, with the participation of 45 representatives from Cypriot financial institutions and SWIFT. According to a statement released by the CBC on Tuesday, the meeting focused on critical developments in the payments sector at both global and regional […]

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Alpha Bank acquires AstroBank to become Cyprus’ third largest lender

Alpha Bank acquires AstroBank to become Cyprus’ third largest lender

AstroBank on Tuesday announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank. According to the announcement, the agreement involves the full transfer of its banking assets and obligations, including its personnel, to Alpha Bank Cyprus. The bank said that the “integration […]

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CDC, IFC collaborate to boost green investment in SEZs

CDC, IFC collaborate to boost green investment in SEZs

Synopsis: Enhanced cooperation among public and private stakeholders would help SEZs evolve into key engines of sustainable and inclusive growth. The Council for the Development of Cambodia (CDC) and the International Finance Corporation (IFC) co-hosted a workshop to advance green investment initiatives in Special Economic Zones (SEZs), aiming to align industrial development with sustainable and […]

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TotalEnergies exploring investment opportunities in Cambodia’s oil, gas and renewable energy sectors

TotalEnergies exploring investment opportunities in Cambodia’s oil, gas and renewable energy sectors

French behemoth TotalEnergies is seriously exploring investment opportunities in the Kingdom’s oil, gas and renewable energy sectors, a statement issued by the Ministry of Mines and Energy on Monday said. This was revealed as Keo Rottanak, Minister of Mines and Energy, received Mehmet Celepoglu, TotalEnergies Deputy Director for Oceania and Southeast Asia region, at the […]

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President meets real estate developers, housing schemes on agenda

President meets real estate developers, housing schemes on agenda

President Nikos Christodoulides chaired a meeting on Monday at the presidential palace with a delegation from the Cyprus Property Developers Association. According to an official announcement, the president began the meeting by outlining the various issues to be discussed, concerning both government actions and the association itself. Moreover, he “expressed his gratitude to the association for its cooperation […]

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Paphos emerges as top spot for high-end homes

Paphos emerges as top spot for high-end homes

Cyprus housing prices rise in first quarter Paphos has emerged as the strongest performer for high-end houses in Cyprus’ residential property market, according to a report released on Monday by Landbank Analytics. The analysis was based on sale contracts filed with the department of lands and surveys. It included a breakdown of average prices for newly […]

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Driving the Future: ASEAN’s EV Ambitions Powered by Semiconductor Integration

Driving the Future: ASEAN’s EV Ambitions Powered by Semiconductor Integration

The rise of electric vehicles (EVs) is transforming the global automotive industry, driving an unprecedented demand for high-performance semiconductors. As ASEAN positions itself as a regional hub for EV production and battery manufacturing, it faces a strategic opportunity: integrating its expanding semiconductor capacity with the EV value chain to establish the region as a cornerstone […]

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Foreign buying frenzy hits Cyprus

Foreign buying frenzy hits Cyprus

Data furnished recently by the government lends weight to the notion that the purchase of real estate by foreigners continues on an upward trajectory, with some speculating that it’s driving up property prices – especially in places like Limassol. Greeks, Russians, Brits, Israelis and Chinese buyers feature heavily on the property market. The information was […]

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