Cyprus’s retail trade turnover value index rose by 3.1% in September 2024 compared to the same month last year, the Statistical Service reported. The retail trade turnover volume index also showed positive growth, increasing by 3.3% year-on-year in September. For the January-September 2024 period, the value index recorded a 5.0% increase, while the volume index […]
The Cyprus Shipping Chamber has expressed its strong support to a joint statement by the European Community Shipowners’ Associations (ECSA) and the European green transport advocacy group Transport & Environment (T&E). The joint statement calls on EU policymakers to prioritise clean fuel production as a crucial component of the upcoming Clean Industrial Deal and emphasises the urgent need […]
The Hotel Professionals of Cyprus (Pasydixe) on Monday appointed Polis Kallis as its first general manager, according to an official announcement. The announcement explained that the new role is aimed at reinforcing the association’s structure, combined with providing better support for hotel professionals across Cyprus. Pasydixe, part of the Cyprus Chamber of Commerce and Industry […]
The renowned Angkor Archaeological Park, Cambodia’s premier tourist destination, has witnessed a substantial increase in foreign visitor arrivals during the first ten months of this year. According to Angkor Enterprise which oversees the Angkor entrance pass sales, the Archaeological Park received 774,203 foreign tourists in the first ten months this year, a year-on-year increase of […]
Siem Reap in Cambodia, home to the famous Angkor Wat Temple, has taken out the top spot for Australia’s trending travel destinations in 2025, according to a travel-comparison website, Skyscanner’s Travel Trends 2025 report quoted by SBS News. For Australian travellers, Japan has been at the top list, but in 2025, Siem Reap in Cambodia […]
Cambodia generated nearly $36 million from ticket sales to the Angkor Archaeological Park, Koh Ker, and Chong Khneas Tourism Port in the first ten months of 2024, according to a press release issued by Angkor Enterprise on November 1, 2024. During this period, 774,203 foreign tourists purchased tickets to visit the Angkor Archaeological Park and […]
A window of many opportunities can be opened for Cyprus by the UK’s abolition, from April 6, 2025, of the non-dom status, since Cyprus has for 17 years offered this status, with all the related privileges, and can continue to do so, Georgia Papa, Corporate and Commercial Law lawyer and Partner at Pyrgou Vakis LLC, […]
Here are the top business stories in Cyprus from the week starting October 28: Financial support and advisory services are essential for Cyprus’ small and medium-sized enterprises (SMEs) to enhance resource efficiency, according to a recent Eurobarometer survey published by the European Commission. The survey highlighted the need for targeted support to help SMEs expand […]
The Retail Trade Turnover Value Index in Cyprus saw a 3.1 per cent increase in September 2024 compared to the same month in 2023, according to a report from the Cyprus Statistical Service. During the same month, the Retail Trade Turnover Volume Index also rose by 3.3 per cent year-on-year, indicating an overall growth in […]
Cambodia is boosting its tourism sector with visa-free travel for 11 countries, including Thailand, Vietnam, Indonesia, Malaysia, and Seychelles as of October 2024. This initiative enhances regional connectivity and invites more visitors to explore Cambodia’s rich cultural heritage, stunning landscapes, and historic sites. Located in Southeast Asia, Cambodia is known for its deep-rooted history from the […]
November is an exciting month events-wise. Street food, book festivals, markets, concerts and all sorts of cultural happenings are taking place all over the island. Cinephiles can now also look forward to Japanese film nights as the Embassy of Japan is once again organising a series of screenings in Nicosia and Limassol. Four screenings are […]
Cypriot residents spent a total of €2.23 billion on travel both within Cyprus and abroad in 2023, according to a report by the Cyprus Statistical Service. In addition, a total of 484,365 residents made at least one trip involving an overnight stay, reflecting an 8.4 per cent increase from 2022. The data shows that while […]
Cambodia’s famed Angkor Archaeological Park earned $35.98 million from ticket sales in the first 10 months of 2024, up 29 percent from $27.88 million over the same period last year, said an official report on Friday. The UNESCO-listed Angkor attracted 774,203 international tourists during the January-October period this year, up 28.4 percent from 602,570 during […]
A series of actions and projects to support, highlight and strengthen tourism in Cyprus, is anticipated to be promoted and implemented in 2025 by the Deputy Ministry of Tourism, according to its Budget, as it was recently submitted to the Parliament for discussion and voting. Among other things, the Deputy Ministry will carry out advertising […]
The Ministry of Development announced the approval of 271 investment projects throughout Greece, with a total budget of 858 million euros. According to a statement, the approvals concern two cycles of tourism (162 investments) and one cycle of manufacturing (109 investments) of the Investment Incentives Law of 2022. Businesses will receive €224 million as a […]
The Cyprus Mail speaks with Paschalis Nicolaou, a multilingual specialist in international business with extensive experience as a China market consultant. With fluency in Mandarin and a strong foundation in both Cypriot and Chinese business practices, Nicolaou has developed a niche for bridging cultural and commercial divides between Cyprus and China. His journey began with a […]