A proposal to acquire 100 per cent of the issued share capital of Proodos Public, and by extension Rodon Hotel in Agros, has been presented to its board of directors, it emerged on Friday. According to a public statement, this preliminary offer, submitted on Thursday, is now under review. Specifically, Proodos, also known as the […]
The Shorewinner project, which aims to set up and develop a Southern European offshore wind energy community of practice, was successfully launched in Cyprus this week. The hybrid event took place on Thursday at the Cyprus Chamber of Commerce and Industry (Keve) in Nicosia, under the title ‘Energy for the Future’. The launch attracted key […]
US business professionals and executives expressed a strong interest in investing in Cyprus during a working lunch with president Nikos Christodoulides. The meeting, which took place in New York on Thursday, sought to enhance economic ties between the two nations. “The primary objective of the meeting was to explore opportunities for attracting high-quality investments to […]
To help the Royal Government of Cambodia (RGC) keep up with the development of the global context, Karen Bass, Mayor of Los Angeles (LA) is keen on visiting the Kingdom to examine the social realities and economic environment which contribute to strengthening ties between Cambodia and the United States. The mayor’s keenness to visit the […]
To take the Angkor experience to a next level, the Apsara National Authority (ANA) signed a pact with Immersive Angkor in Siem Reap on Thursday that will bring the history of Angkor to life. The Memorandum of Understanding (MoU) for cultural heritage immersive experience will bring the latest in technology for creating a unique cultural […]
Cambodia exported a staggering $527 million worth of car tyres, up 173 percent compared to the $193 million recorded during the same period last year, the General Department of Customs and Excise report showed. The growth is attributed to the increasing presence of car tyre factories in Cambodia and reflects the diversification of exports to […]
The opening of Salina Park, Larnaca’s newest urban green space, has been delayed by two months due to the summer heatwave. The park, which was originally slated for completion in August, is now expected to open in October. Mayor Andreas said that the contractor was granted justified extensions due to the extreme weather conditions. The 14,000-square-meter park […]
The Startup World Cup Nicosia Finals 2024 concluded this week, with DISPL, a Cyprus-based startup leveraging AI technology for real-time offline marketing automation, taking home the top prize. The event, which showcases the island’s growing role in global technological advancement, saw startups from across the country competing for a chance to represent Cyprus at the […]
The Business Society Accelerator (BSA) recently hosted a fireside chat titled “Pioneering Success: Business and Beyond,” featuring biotech entrepreneur Marianna Prokopi-Demetriades. The event, organised in collaboration with RSEVEN, Theramir, RSL Labs, and other partners, offered valuable insights into entrepreneurship, innovation, and leadership. The evening began with Efi Philippou, a core member of the BSA team, […]
President of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides on Thursday called on tourism professionals to promote peace through high-quality services. He also encouraged tourism sector stakeholders to present Cyprus as a peaceful and progressive destination ahead of World Tourism Day on September 27. In his statement, Michaelides stressed the connection between tourism and peace, […]
The Paphos Regional Tourism Board (Etap) has announced the return of free tours to the Akamas communities for the next three months, aiming to highlight points of interest and boost visitor numbers. According to the announcement, this initiative is part of the support measures for the Akamas communities announced by the President of the Republic […]
Cyprus and China are signing on Thursday an inter-state agreement in the aviation sector aimed at liberalising flights between the two countries. The deal, to be signed in Nicosia, seeks to enhance air connectivity for both leisure and business travellers. The Memorandum of Understanding (MoU) and intergovernmental agreement will be signed by Han Zhu, Deputy […]
In addition to a new Electronic Travel Authorization (ETA) system, Thailand has proposed a new ‘Six Countries, One Destination’ (6-in-1) visa plan for travel by foreign tourists including Cambodia, Laos, Myanmar, Vietnam and Malaysia. Thailand’s Minister of Foreign Affairs, Maris Sangiampongsa, last week gave an overview of his ministry’s plans to the media in Bangkok […]
In addition to a new Electronic Travel Authorization (ETA) system, Thailand has proposed a new ‘Six Countries, One Destination’ (6-in-1) visa plan for travel by foreign tourists including Cambodia, Laos, Myanmar, Vietnam and Malaysia. Thailand’s Minister of Foreign Affairs, Maris Sangiampongsa, last week gave an overview of his ministry’s plans to the media in Bangkok […]
There is so much going on this weekend – we always say it but this weekend is particularly busy wrapping up an eventful September. Limassol in particular is bursting with events and festivals, while Nicosia, Larnaca and even Paphos have a rather rich events agenda as well. Plenty to choose from this weekend! An array […]
Asian Development Bank (ADB), a key development partner for Cambodia, has maintained its growth forecast for Cambodia at 5.8 percent for this year and 6.0 percent for 2025 but revised its earlier inflation projection for this year from 2.0 percent to 0.5 percent. According to the Asian Development Outlook (ADO) September 2024, ADB revised the […]