A series of actions and projects to support, highlight and strengthen tourism in Cyprus, is anticipated to be promoted and implemented in 2025 by the Deputy Ministry of Tourism, according to its Budget, as it was recently submitted to the Parliament for discussion and voting. Among other things, the Deputy Ministry will carry out advertising […]
The Ministry of Development announced the approval of 271 investment projects throughout Greece, with a total budget of 858 million euros. According to a statement, the approvals concern two cycles of tourism (162 investments) and one cycle of manufacturing (109 investments) of the Investment Incentives Law of 2022. Businesses will receive €224 million as a […]
The Cyprus Mail speaks with Paschalis Nicolaou, a multilingual specialist in international business with extensive experience as a China market consultant. With fluency in Mandarin and a strong foundation in both Cypriot and Chinese business practices, Nicolaou has developed a niche for bridging cultural and commercial divides between Cyprus and China. His journey began with a […]
Cypriot residents spent a total of €2.23 billion on travel both within Cyprus and abroad in 2023, according to a report by the Cyprus Statistical Service. In addition, a total of 484,365 residents made at least one trip involving an overnight stay, reflecting an 8.4 per cent increase from 2022. The data shows that while […]
On 30 October, Chinese tyre manufacturer Sailun announced it is building an industrial park in Cambodia called the “Cambodia Kampot Special Economic Zone Project” (Kampot SEZ). Furthermore, Sailun said that it is preparing to set up a wholly-owned subsidiary, Kampot Bay Investment Co., Ltd., in Cambodia, which will be responsible for implementing the Kampot SEZ. […]
A team from Amazon Prime is currently in Cyprus as one of the reality shows it has invested in, the Danish version of Roast on the Coast, is filming in Paphos, with the Director and Chairman of the Cyprus Film Commission, Lefteris Eleftheriou, revealing that he has met with the officials who he said are […]
Siem Reap Angkor International Airport (SAI) is gearing up for a significant boost in international connectivity as three more airlines have confirmed their plans to launch direct flights to the Siem Reap province, home of famed ancient temples. Domestic airline Sky Angkor Airlines will serve its direct flight between Siem Reap Angkor International Airport to […]
The German Federal Ministry for Economic Cooperation and Development (BMZ) and the Council for the Development of Cambodia (CDC) yesterday discussed economic relations and government policies to strengthen development cooperation and forge stronger partnerships. Chhieng Yanara, Senior Minister in Charge of Special Missions and also Second Vice-Chairman of CDC received a courtesy call from a […]
The office of the council of ministers said Cambodia’s GDP per capita in 2025 is expected to rise to $2,924—a rise of over 40 percent over the projected 2024 figures. Economic growth is expected to reach 6.3 percent. This would bring the current GDP to nearly $51.398 billion. The industrial sector is projected to grow […]
“We will be seeing the economic impact of Find Me Falling in the millions of euros for years to come” In this exclusive interview with the Cyprus Mail, Dionysios Manganis, Executive Producer at Green Olive Films, and Simos Manganis, Founder and CEO, delve into the rise of Cyprus as a competitive player in the global film […]
Cyprus’ economic climate strengthened in October, driven by a boost in the services sector, according to the University of Cyprus’ Economics Research Centre (CypERC). The centre also reported that economic uncertainty eased as well, reflecting a shift in both consumer and business sentiment. “The significant improvement in sentiment and the simultaneous decline in uncertainty reflect […]
International trade in electric and hybrid vehicles between the EU and third countries has surged, with Eurostat data revealing that electric and hybrid cars represented 43 per cent of EU car imports in 2023, a sharp rise from 8 per cent in 2017. Cyprus, though a smaller market, aligns with this shift; over half its […]
This first Pediaios River Festival has arrived! From Tuesday until Sunday, a colourful and participatory series of activities in the Pediaios River and beyond has been planned to celebrate nature and rediscover Cyprus’ longest river. Organised by the Environment Commissioner and the Cyprus Sustainable Tourism Initiative, the festival seeks to engage the public with the […]
The Siem Reap Provincial Department of Tourism say that 44,824 tourists visited Siem Reap during the ‘Smile of Cambodia’ event from October 29 to 30, 2024. The second “Smile of Cambodia” event was held to celebrate the 20th anniversary of the accession to the throne of His Majesty King Norodom Sihamoni, King of the Kingdom […]
Cyprus, also known as the Isle of Aphrodite (Goddess of Love), is a sunny island at the far eastern edge of the Mediterranean, and it’s got some of Europe’s best beaches and most delicious cuisine Cyprus, the third largest island in the Mediterranean, is full of white-sand beaches, it’s surrounded by warm water, it enjoys […]
As Cambodia charts its path toward a more sustainable future, the streets of Phnom Penh are witnessing a quiet yet significant revolution. Electric vehicles (EVs), once a rare sight, are increasing on Cambodian roads. With the government’s commitment to reducing carbon emissions and the global shift towards cleaner energy, the question arises: Can electric vehicles […]