Energy infrastructure company VTTI celebrated ten years of operations in Cyprus, marking a decade as a key player in the Eastern Mediterranean energy market. The milestone was highlighted in an announcement emphasising the company’s commitment to growth and sustainable energy practices. Thanos Patrikis, vice president for the Mediterranean region and Managing Director of VTTI Cyprus, […]
The board of the World Federation of Tourist Guide Associations (WFTGA), led by its president, Sebastian Frankenberger, is currently in Cyprus to advance international training programmes and discuss industry developments. The WFTGA board met with Deputy Minister of Tourism Kostas Koumis on Monday, accompanied by representatives from the Cyprus Tourist Guides Association. The meeting coincided […]
Fitch Ratings projects limited fiscal improvement across European countries, citing uneven adjustments in debt reduction and growth trajectories. However, the agency mentioned that Cyprus continues to stand out with a positive outlook. Commenting on the report, government spokesman Konstantinos Letymbiotis said that this “is an irrefutable vote of confidence in the Cypriot economy, the government’s […]
Etihad Airways, a national flag carrier of the United Arab Emirates (UAE), this week announced the launch of ten new flight destinations beginning 2025, including a new route between Abu Dhabi and Phnom Penh, with the airline confirming the new Cambodian link is set to begin service from October 4, 2025. According to the announcement, […]
Cyprus is expected to record the third highest growth rate in the Eurozone with 3.8 per cent for 2024, while unemployment, inflation and public debt continue their downward trend. Addressing the second Cyprus-Greece business forum in Nicosia with Greek Prime Minister Kyriakos Mitsotakis, Christodoulides said the two countries, having left behind many years of challenges, […]
Thailand and Cambodia will resume bus services linking Bangkok with Phnom Penh and Seam Reap starting Friday for the first time since the Covid-19 pandemic stalled operations. Transport Co Acting Managing Director Atthawit Rakchamroon and Suo Vireak, chairman and CEO of Vireak Buntham Express Co, inked an agreement on Tuesday to operate the bus service […]
By Yiannis Hadjigeorgiou Dina Keravnou, the first female driving instructor in Cyprus – and indeed the entire Middle East – passed away on Saturday. A trailblazer for women’s rights on the island and recognised for her contributions to society, this is her fascinating life story, as she shared it with us two years ago, along […]
Cyprus, the Jewel of the Mediterranean, gets millions of visitors every year with its beaches, landmarks and villages. Tourism is a big part of the island’s economy so we need to keep the beauty and cleanliness that brings visitors from all over the world. One often overlooked aspect of keeping all this is proper waste […]
The Online Business Registration System known as Single Portal registered around 40,000 businesses worth $14 billion by October this year, a report showed yesterday. Other sectors include management consultant activities, manufacturing, financial and insurance activities, the report said. The figure was disclosed at a meeting of the top officials from the Ministry of Commerce, the […]
A successful Presidency is top priority, Deputy Minister for European Affairs of the Republic of Cyprus, Marilena Raouna, has said, addressing the beginning of training sessions for the preparation of the public service in view of the Cyprus Presidency of the Council of the EU in 2026. The training sessions are organised by the Cyprus Academy […]
The Secretariat of the Cyprus Presidency of the Council of the EU 2026 was established following the appointment of the Deputy Minister for European Affairs, Ms Marilena Raouna, on 17 January 2024. Under the political supervision of the Deputy Minister, the Secretariat is responsible for the preparation of the Presidency of the Council of the […]
The Cambodia Confederation of Investors Association (CCIA) forecasts that orders for footwear and travel products will increase by 20 to 30 percent in 2025 compared to 2024, while the Kingdom earned approximately $1.3 billion from the export of footwear products to international markets during the first 10 months of 2024. Ly Khun Thai, Chairman of […]
Cambodian Prime Minister Hun Manet said here on Tuesday that the Regional Comprehensive Economic Partnership (RCEP) agreement has given Cambodia entry to a market of 2.3 billion people. “This means access not just to Cambodia’s domestic market of 17 million consumers, but to a combined market of billions,” he told some 300 participants at the […]
The Asian Development Bank (ADB) approved a $50 million policy-based loan to support Cambodia’s efforts to make the business environment more investment-friendly, upgrade businesses toward higher competitiveness, and ease trade barriers, said the bank in a news release. This second sub-programme of the ongoing Trade and Competitiveness Programme is reinforcing the government’s efforts to leverage […]
The number of passengers who have entered Cambodia’s three international airports between January and November 2024 is 4.7 million according to a report from the State Secretariat of Civil Aviation (SSCA). As always it’s good to see the data heading in the right direction but pre-pandemic levels need to be the benchmark by which we […]
Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. These investments have created 1,200 new jobs across various sectors, highlighting Cyprus as an attractive destination for global businesses. Notably, companies from outside the European Union are increasingly using Cyprus […]