Larnaca Municipality has announced the completion of the new Salina Municipal Park, which opens to the public from November 23. The new city landmark, spanning 14,000 square metres, represents a significant addition to Larnaca’s green heritage and extends from the existing Municipal Garden to create the city’s largest green space, the municipality said. The park combines […]
Cyprus-based Anymaster, a service marketplace that connects clients with local service providers, has successfully raised €350,000 in funding, allowing it to expand to Athens, Greece. “Already operating in four major cities in Cyprus, Anymaster is poised to transform Greece’s service industry with a platform that emphasises transparency, efficiency, and security for both clients and service […]
Photography can sometimes allow us to visualize dreams and facts that never existed. This is what Ly Sovanna asked for his series, the very first of his photographic proposals and which he called Ranoch Visited Angkor. “Ranoch” refers to a period when the moonlight becomes increasingly weak at night and Ly Sovanna, born in 1979 in Kampong Cham […]
Dato Khairul Hamed, CEO of Khazanah and Former Commander of the Royal Brunei Land Forces, came to explore investment cooperation opportunities in Cambodia in the health sector. Dato Khairul Hamed made this statement during a meeting with Professor Chheang Ra, Minister of Health, on November 20, during his delegation’s visit to Cambodia. In addition to […]
Permanent Secretary of the Ministry of Energy, Trade and Industry, Marios Panayides, has supported the strengthening of transatlantic relations through a positive trade agenda. The Cypriot official represented Cyprus at the EU Council of Foreign Affairs that met in Brussels on 21 November with the participation of Ministers of Trade. According to an official press […]
President of the European Investment Bank (EIB), Nadia Calviño, is due to meet with President Nikos Christodoulides and Finance Minister Makis Keravnos during her first official visit to the country for the inauguration of the Bank’s office in Nicosia. Τhe inauguration ceremony for the EIB office will take place at the Ministry of Finance in Nicosia […]
Minister of Finance, Makis Keravnos and Dutch Ambassador to Cyprus, Willem Wouter Plomp, held a meeting during which they discussed about bilateral relations and ways to further enhance them. According to a press release by the Ministry of Finance, during the 21 November meeting the two officials referred to the excellent relations between the two countries and the […]
The Cyprus Securities and Exchange Commission (CySEC) this week announced its adoption of the European Banking Authority’s (EBA) guidelines on governance for issuers of asset-referenced tokens (ARTs). These guidelines, issued in June 2024, aim to bolster the management and oversight of ART issuers, ensuring enhanced consumer and investor protection. The guidelines, under Article 16 of Regulation (EU) No 1093/2010, […]
Central Bank of Cyprus (CBC) govennor Christodoulos Patsalides on Thursday addressed the Economist annual summit, highlighting the European banking sector’s resilience, while also addressing the challenges and risks facing the region’s economy. Patsalides opened by saying that the European Central Bank (ECB) had made significant progress in its disinflationary efforts, with inflation falling to 2.0 […]
In 2008, the Photo Phnom Penh festival was born on the initiative of Alain Arnaudet who was then the director of the French Cultural Center, now the French Institute of Cambodia (IFC). He had already launched a dance festival, a street music festival, and theater activities, when he met two young people who wanted to exhibit their […]
Blink and it is almost Christmas. With the last full weekend of November here, the festive period is fast approaching and you can be sure that by next week, the whole island will be dressed in the Christmas spirit. This weekend will see the first of the season’s festive happenings as the Christmas villages open, […]
Apartment prices and rents in Cyprus defied broader market declines during the third quarter of 2024, reflecting strong demand, according to a report from real estate analytics firm Ask Wire. At the same time, the report showed that other property types struggled under the weight of high interest rates and shifting buyer preferences. The report is based on the […]
The number of containers passing through Sihanoukville Autonomous Port (PAS) in the third quarter of the year reached nearly 300,000 twenty-foot equivalent units (TEUs), an almost 40% increase compared to the third quarter of 2023. According to the PAS Q3 2024 report, published on November 19, this means the port company has increased its revenue […]
Prime Minister Hun Manet yesterday said that the Council for the Development of Cambodia (CDC) is in the final stage of negotiations with the Chinese electric vehicle giant BYD Company Limited to establish an electric vehicle (EV) manufacturing factory in the Kingdom. Presiding over the graduation ceremony at the Royal University of Phnom Penh (RUPP), […]
The government is embarking on an ambitious plan to diversify the economy and make a transition from a labour-intensive manufacturing hub to a high-tech investment hub, Prime Minister Hun Manet said yesterday. This shift aims to attract significant foreign direct investment in sectors like electronics and automotive manufacturing, Mr Hun Manet said at a graduation […]
Tourism in Cyprus continues to shine in 2024, with arrivals nearing 3.73 million between January and October, marking a 4.6% annual increase. This figure also slightly surpasses the same period in 2019, a record-breaking year for Cypriot tourism, showing a 0.81% rise, as Cyprus solidifies its position as a dynamic hub for global travel. October […]