Finance Minister Makis Keravnos met with the President of the European Economic and Social Committee (EESC) Employers’ Group, Stefano Mallia, and discussed the need to accelerate efforts to deepen capital markets in the EU and to intensify efforts to reduce the administrative burden. According to a statement by the Ministry of Finance, Keravnos had a meeting […]
Cyprus had the second largest share of overnight stays by foreign visitors in the EU during the first quarter of 2025, according to data on tourism accommodation published by Eurostat. On average, across the EU, foreign visitors accounted for approximately 45.6% of all overnight stays in the first three months of 2025, with large differences among EU […]
Aiming to strengthen bilateral relations and leverage shared opportunities in the field of research and innovation, a meeting took place in Athens between the Director General of the Research and Innovation Foundation (RIF), Theodoros Loukaidis, and the Secretary General for Research and Innovation of Greece, Dr Anastasios Gaitanis. The meeting confirmed the mutual commitment to […]
The renovated and upgraded indoor ‘Spyros Kyprianou’ Athletic Center in Limassol is almost ready to be handed over to the state and the Cyprus sports sector. The venue is where the heart of FIBA Eurobasket 2025 will “beat” in late August and early September. This is a project that began at the beginning of last […]
Cypriot companies operating in the defence industry have recorded rapid growth the House Committee on Energy, Commerce, and Industry has been informed by both the Cyprus Chamber of Commerce and Industry and the Cyprus Association of Research and Innovation Enterprises. According to CCCI, the number of such companies has increased tenfold in recent years, while […]
Greek retail group Jumbo reported a strong rise in store sales across Cyprus and Greece in May 2025, reflecting a gradual rebound after a slower start to the year due to Easter falling much earlier than in 2024. Sales at Jumbo’s Cyprus stores increased by 14.5 per cent in May compared to the same month last year, bringing year-to-date […]
Hotel occupancy in Cyprus was slightly down in May, compared to the same month last year, according to the president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides. However, overall figures for the first half of 2025 are expected to surpass those of 2024, as bookings continue to gain pace heading into the summer. Speaking to the Cyprus News Agency […]
Public and private sector collaboration can create a driving force that ‘transforms challenges into opportunities and vision into action’, chairman of the Cyprus Property Developers Association Yiannis Misirlis said during an event dedicated to the island’s real estate and construction sector. According to a statement from the association, the event took place on June 3 and […]
BEIJING – China has launched an “ASEAN (the Association of Southeast Asian Nations) Visa” for the 10 ASEAN countries and ASEAN observer Timor-Leste, Chinese foreign ministry spokesperson Lin Jian told a regular press briefing on Tuesday. According to Lin, China will issue the corresponding category of “ASEAN Visa” for business personnel from the 11 countries, as […]
The Larnaca municipality has announced the signing of a contract worth around €600,000 to create a “smart parking system” in the town. The contract was signed by the town’s mayor Andreas Vyras and electrical contracting company YTM Stavrides. It foresees the creation of a system which will include “advanced management software, which allows easy and effective […]
The Landmark Nicosia Towers are arriving to introduce our city to a new way to “Live. Work. Enjoy” in the very heart of the Cypriot capital. As the most prestigious real estate project in the modern history of Nicosia is developing in full speed, the vision of the owner MHV, a company group with a prominent […]
Cambodia Investment Review The British Embassy Phnom Penh, in partnership with the British Chamber of Commerce Cambodia (BritCham), has convened a high-level forum on regenerative urbanism aimed at advancing sustainable urban development strategies across Cambodia. Held at Raffles Hotel Le Royal, the event gathered senior government officials, architects, urban planners, and private sector leaders to […]
New Dubai-Bangkok–Siem Reap service expands Emirates’ footprint in Cambodia to 10 weekly flights Emirates, the world’s largest international airline, celebrated yet another milestone in Cambodia as its first flight officially touched down in Siem Reap on Tuesday. The inaugural flight was met with a traditional water salute and a warm welcome by senior Cambodian dignitaries […]
Cambodia and Henan province of China have pledged to deepen bilateral trade ties and expand cooperation in agriculture and agro-processing. This follows a high-level meeting between Lim Lork Piseth, Secretary of State at the Ministry of Commerce, and Sun Shougang, Vice Governor of Henan, which is one of China’s most populous and economically dynamic regions. […]
IndiGo, India’s largest carrier generating about $10 billion in annual revenue, has unveiled plans to launch direct flights to 10 new international destinations starting July 2025, including Siem Reap, alongside European and Central Asian cities, as part of a significant expansion of its global network. In a media briefing in India on Friday, Pieter Elbers, […]
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 […]