The 3rd annual event of the Recovery and Resilience Plan for Cyprus is scheduled to be held on Tuesday, 15 October with the aim of unveiling progress on the local health sector. The event is being organised by the General Directorate for Development of the Ministry of Finance and the Representation of the European Commission […]
The 7th annual ‘Young Entrepreneurship Awards’, organised by Cyprus Chamber of Commerce and Industry (Keve) with support from the Ministry of Energy, Commerce, and Industry and Hellenic Bank, celebrated young Cypriot entrepreneurs for their impact on the country’s economic progress. Keve noted that the awards, now an “annual institution,” seek to inspire and recognise young […]
Some 400 women in shipping from 40 different countries are participating in the 50th Anniversary World Congress of the Women’s International Shipping and Trade Association (WISTA International), which started on Thursday in Limassol. The Secretary General of the International Maritime Organisation (IMO), Arsenio Dominguez, in his opening address to the Conference expressed his satisfaction that […]
The Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, has called on banks to weigh both social considerations and the need to bolster the competitiveness of the economy in their pricing strategies. Warning against neglecting these factors, he suggested that failure could damage the sector’s reputation. Speaking with the Cyprus News Agency, and ahead […]
The 10-member Association of Southeast Asian Nations (ASEAN) is holding its annual summit in Laos. The bloc’s members view these summits as a key platform to engage with foreign partners on major issues regarding politics, economy and security. The EU will be represented in Laos by President of the European Council Charles Michel. He has […]
Vietnam and Thailand agreed to coordinate with relevant nations to pilot the “Six Countries, One Destination” initiative to drive regional tourism. Vietnamese Prime Minister Pham Minh Chinh met with his Thai counterpart Paetongtarn Shinawatra on the sidelines of the 44th and 45th ASEAN Summits and Related Summits in Vientiane, Laos, on Wednesday where the two […]
PHNOM PENH: Prince Bank, a leading financial institution in Cambodia, has been honored with the prestigious International Banker Award for the fifth consecutive year, solidifying its position as a trailblazer in the nation’s banking industry. The bank first received this esteemed award in 2020. This accolade highlights Prince Bank’s unwavering commitment to excellence, innovation, and […]
Cambodia and Thailand Wednesday held talks on establishing special economic zones, enhancing people-to-people connections, promoting tourism, besides strengthening bilateral cooperation between the two countries. Discussions on the key areas were held during a bilateral meeting between Prime Minister Hun Manet and Thai Prime Minister Paetongtarn Shinawatra on the sidelines of the 44th and 45th ASEAN […]
Cambodia exported goods worth approximately $19.8 billion during the first three quarters of 2024, up 17 percent from $16.9 billion recorded in the same period last year, a report from the General Department of Customs and Excise of Cambodia showed on Thursday. From January to September, the Kingdom imported $21 billion worth of goods to […]
Labour Minister Yannis Panayiotou on Thursday spoke about the importance of digital and green skills in supporting Cyprus’ economic growth at a meeting of the Human Resources Development Authority’s (Anad) new board. The meeting, attended by Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou and Environment Commissioner Antonia Theodosiou, focused on Cyprus’ policy […]
Cyprus’ trade deficit reached €4.98 billion in the January-August period, down 18.5 per cent compared to €6.12 billion in the same timeframe last year, according to a report by the Cyprus Statistical Service (Cystat). This improvement reflects a 15.5 per cent reduction in total imports, which amounted to €7.58 billion in the first eight months […]
By Rita Beyrouthy As the financial landscape evolves, with technology and digital finance shaping how investors access markets, it is important to focus on how these innovations can empower and protect investors while ensuring that markets remain fair and efficient. In the context of World Investor Week (WIW) 2024, this focus becomes increasingly relevant. In […]
Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, has told banks to take into account both the social aspect and the enhancement of the competitiveness of the economy when formulating their pricing policy. Failure to do so, he warned, could harm their image and put at risk the reputation of the banking sector. […]
The total number of registered motor vehicles in Cyprus rose by 13.2 per cent in the January-September 2024 period, reaching 38,819, compared to 34,280 during the same period last year. According to the Cyprus Statistical Service (Cystat), in September alone, motor vehicle registrations totaled 4,428, a decrease of 3.9 per cent from the 4,607 recorded […]
Cyprus recently achieved international recognition by winning the “Destination Award” at the Routes World Airline Conference, held in Bahrain from October 6 to 8. As Cyprus’ reputation for excellence in air connectivity continues to grow, the deputy Ministry of Tourism announced the award. This annual Routes World conference, a key event for the aviation industry […]
Cambodia and Germany have discussed and exchanged views on bilateral development cooperation, and ways to further promote it to the next level, according to the Council for the Development of Cambodia (CDC). The Cambodian side was headed by Chhieng Yanara, Senior Minister in charge of Special Missions and Second Vice-Chairman of the CDC, while the […]