COFCO Bio-Energy Co Ltd, a major Chinese state-owned food processing and trading conglomerate, Friday signed a memorandum of understanding (MoU) with Hang Harvest Agriculture Co Ltd, a local company based in Oddar Meanchey province, to purchase 200,000 tonnes of dried cassava. Lim Lork Piseth, Secretary of State of the Ministry of Commerce (MoC), presided over […]
Cham Nimal, Minister of Commerce, has encouraged investment in the electric vehicle (EV) market, highlighting the potential to reduce costs, enhance energy efficiency, and lower emissions, benefiting both consumers and the environment. The Minister made these remarks while presiding over the official launch of the Peugeot 408 2025 Series, which took place at the Premie […]
Cypriot citizens are one step closer to the dream of hassle-free travel to the United States, as final approvals near for Cyprus’ inclusion into the US Visa Waiver Program (VWP). The Cypriot authorities have already done all the necessary groundwork to secure the final green light from the US. A team of experts from the […]
Despite the economic progress in Cyprus, financial literacy levels remain below the EU average, President of the Republic Nikos Christodoulides has said, noting that the government has set the issue of financial education as a major priority. Speaking at the 1st International Conference of the Cyprus Financial Literacy and Education Committee (CyFLEC) entitled “Financial Literacy […]
Analysts covering the Bank of Cyprus have significantly raised their price targets following the release of the bank’s preliminary financial results for 2024. All recent revisions indicate a more optimistic outlook compared to previous estimates. A key factor driving these upward adjustments is the bank’s updated profit distribution policy. In its preliminary results announcement, the […]
The highly anticipated InvestPro Cyprus Limassol 2025, organized by Bosco Conference, is set to take place on April 7, 2025, in the business hub of Limassol, Cyprus. This event will bring together top industry experts, corporate executives, financial advisors, and investors for a day of insightful discussions, networking, and business opportunities. InvestPro Cyprus Limassol 2025 […]
Here are the top business stories in Cyprus from the week starting March 10: Out of 741 tourist units preparing to reopen in Cyprus, only 100 have secured a licence, accounting for just 13.5 per cent of the total. According to data from the Deputy Ministry of Tourism, shared on Monday by Stockwatch, this licensing shortfall […]
Record crowds enjoyed their weekend promenade on Phnom Penh’s ‘Walk Street’ on Saturday night. New attractions include a drama based on a scene from the movie “Putut Kumbhakar” on Saturday night, and on Sunday, there will be a traditional dance, the “Vay Krap” dance, so that citizens and foreign tourists can see and understand more […]
Paphos has established itself as the leading Cyprus destination for Polish tourists during the first quarter of 2025, continuing a trend that began last year. According to official statistics, approximately 49% of Polish visitors to Cyprus now stay in Paphos, making Poland a crucial market amid uncertainties surrounding the return of Israeli tourists due to ongoing Middle East […]
The University of Cyprus School of Engineering and Chevron Cyprus Limited have reached an agreement under which Chevron will provide three scholarships, totaling €15,375, to students pursuing master’s degrees in selected engineering fields. The three scholarships worth €5,125 each, concern master’s programmes in the Department of Electrical and Computer Engineering, the Department of Mechanical and […]
Deputy Minister of Tourism Kostas Koumis has held consecutive meetings with the ambassadors of Egypt and Qatar in Cyprus to discuss strengthening tourism cooperation between the countries. According to a statement released on Friday, Koumis met with Egyptian Ambassador Mohamed Shawky Zaazou, with discussions covering Cyprus-Egypt air connectivity, cruise tourism, and the role of travel agents and tour operators in both countries. The announcement noted […]
Analysts covering the Bank of Cyprus have significantly raised their price targets following the release of the bank’s preliminary financial results for 2024. All recent revisions indicate a more optimistic outlook compared to previous estimates. A key factor driving these upward adjustments is the bank’s updated profit distribution policy. In its preliminary results announcement, the Bank of Cyprus stated its […]
The Cyprus Securities and Exchange Commission (CySEC) on Friday released a statement detailing its actions for this year’s Global Money Week 2025 (GMW 2025). According to the announcement, these include a variety of informative and educational activities. “Global Money Week is the annual international campaign, aimed at raising awareness about the importance of financial education for young people”, […]
The Cyprus Employers and Industrialists Federation (Oev) announced on Friday that George Pantelides, head partner at Deloitte and current deputy president of the federation, will assume the role of president on May 7, 2025. According to Oev, the transition follows the completion of the two consecutive two-year terms of current president Antonis Antoniou, which is the maximum allowed under the federation’s […]
As the Earth tilts and the sun aligns perfectly with the grandeur of Angkor Wat’s central tower, the most iconic temple in Cambodia offers an awe-inspiring spectacle that draws visitors from across the globe. This natural phenomenon, known as Equinox Angkor, marks the seasonal shift and demonstrates the ingenuity of Khmer architecture and its deep […]
Kampot city authorities have recently conducted a test run of the city’s latest tourist attraction – fountains dancing to the rhythm of music accompanied by colorful lights. After the installation and the addition of music, the authorities believe that Kampot province will change its face to another level and that visitors will come twice as […]