Cambodia’s two listed state-owned ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), disclosed their net profits in the first quarter (Q1) of 2025, according to their financial reports on Wednesday. The PAS, the kingdom’s largest deep-water seaport, made a net profit of $2.62 million during the January-March period this year, down 68 […]
The district of Free Famagusta is experiencing a very good tourist season, which could even surpass last year’s, with occupancy rates already at very high levels and the month of May closing on a fairly good and positive note, even though the first two weeks were somewhat slow. In fact, Ayia Napa occupancy is currently […]
The lecture series organised by the Cyprus Securities and Exchange Commission (CySEC) in schools has concluded with resounding success, taking place as part of CySEC’s initiatives for the international financial literacy campaign Global Money Week 2025. As noted in a CySEC press release, over the past two months, more than 600 students from primary and secondary schools […]
Springtime In Cyprus Salmon Tray Bake with New Potatoes and Green Beans Salmon Tray Bake is a simple yet flavourful recipe designed for a quick, wholesome meal for the whole family, a fuss-free dish that is easy to prepare and clean up. Serves 6 1 whole salmon fillet 400g fresh green beans, trimmed Bag of […]
For a piece of pie Spinach cheese pie with phyllo crust For the crust 8 sheets of pie crust (baklava) 100g olive oil For the filling 400g feta cheese 500g frozen spinach 2 medium eggs 2 teaspoons oregano 1/2 teaspoon freshly ground pepper For garnish 80g olive oil Water for sprinkling 1 tablespoon flour with […]
Long before chickpeas gained global stardom, it was the fava bean – broad, earthy and ancient – that fed empires! From the fields of the eastern Mediterranean to the souks of Cairo, fava beans have sustained communities for thousands of years. And whether mashed into a velvety purée or simmered whole with garlic and lemon, […]
Cyprus took part in the international food and beverage exhibition SIAL Shanghai 2025, with an information booth jointly organised by the Ministry of Energy and the Cyprus Trade Centre in Beijing. Held at the Shanghai New International Expo Centre from May 19 to 21, the exhibition is considered one of the most important events of its […]
UniCredit has signed a derivatives agreement that paves the way for it to nearly double its stake in Greece’s Alpha Bank, increasing its shareholding to close to 20 per cent. In a statement issued on Wednesday, the Italian banking group confirmed it will seek supervisory approval to surpass the 10 per cent threshold and potentially […]
Cyprus is stepping up efforts to encourage mergers and acquisitions among small and medium-sized enterprises, aiming to unlock growth, competitiveness and innovation across key sectors. Speaking at a conference organised by the Cyprus Chamber of Commerce and Industry (Keve) in collaboration with Hellenic Bank, Finance Minister Makis Keravnos presented the government’s dedicated action plan, approved […]
Larnaca’s paved areas will now be sparkling with the new high-pressure machine the municipality has received, which will remove grime with a jet of boiling water. The municipality announced on Tuesday that the new machine – with water temperatures ranging from 30C to 98C – will be used to clean outdoor public surfaces, such as […]
BRUSSELS – The European Commission remains “fully committed” to reaching a trade deal with the United States amid tariff twists, according to a senior European Union (EU) official. In a Monday post on social media platform X, European Commissioner for Trade and Economic Security Maros Sefcovic wrote: “The European Commission remains fully committed to constructive and […]
The CEO of a publicly-listed Malaysian company has expressed an interest in exploring further investment opportunities in Cambodia in the fields of technology and logistics. He met with Prime Minister Hun Manet to discuss the matter in Kuala Lumpur, Malaysia on May 27, following the 46th ASEAN Summit and related summits. “MMAG Holdings Berhad is […]
ASEAN released an April 10 joint statement seekinga common dialogue with the US under the ASEAN-US Trade and Investment Framework Agreement (TIFA), an agreement which by which all ASEAN members states accept a joint track to negotiate with the US. The statement indicated a strong interest in maintaining a rules and market-based trading system in […]
A breakfast meeting held on Monday at the Grand Millennium Kuala Lumpur brought together prominent leaders from the Malaysian and Cambodian business communities. The event focused on exploring opportunities and strengthening economic ties between the two nations. The meeting was honoured by the presence of Cham Nimul, Minister of Commerce, along with a delegation from […]
President of the House of Representatives Annita Demetriou praised the Cyprus Shipping Chamber for its long-standing contribution to the country’s development as a globally recognised maritime hub. Addressing the 36th Annual General Meeting of the Cyprus Shipping Chamber, she acknowledged the Chamber’s vital role in shaping Cyprus’ competitive, resilient, and innovative shipping sector over the […]
Kornos is undergoing a major transformation, with two flagship projects worth over €20 million already launched or heading for implementation, according to Lefkara mayor Sofoklis Sofokleous. “The municipal district of Kornos is expected to change radically in the next two to three years,” Sofokleous told Philenews. “Every announcement must be on track and implementable, and this […]