CSE and NSE explore new investment and listing opportunities The Cyprus Stock Exchange (CSE) has announced that it held a meeting on Monday with senior officials from the National Stock Exchange of India at its headquarters in Nicosia. The meeting marked a follow-up to the recent signing of a memorandum of understanding between the two stock exchanges. Representing the Indian side […]
Freedom Holding Corp. on Monday reported a 23 per cent year-on-year increase in revenue for the fiscal year ending March 31, 2025, reaching $2.05 billion. The financial results, announced by the Kazakhstan-headquartered firm, reflect strong performance across both its brokerage and insurance segments, in line with the company’s stated growth strategy. The group operates through […]
Nearly 50,000 companies and enterprises – with a total registered share capital of more than $18 billion – have been successfully registered through the Online Business Registration Service (OBR) since the system was implemented five years ago. The OBR system was launched in three phases. The first phase was launched in June 2020, with the […]
Synopsis: The single window plays an important role in promoting international trade facilitation in line with the Royal Government’s strategy. The Council for the Development of Cambodia (CDC) Thursday reviewed 12 Qualified Investment Projects (QIPs) worth $128 million through the Single Window Scheme. The review meeting was presided over by Chea Vuthy, Secretary General of […]
Huot Hak, Minister of Tourism, on Saturday presided over the Annual Environmental Tourism Event 2025 under the theme “Visit Cambodia in the Green Season”, which spans two days and two nights from June 14 to 15, 2025, and marks the 3rd celebration of Cambodia’s Freshwater Sea Festival, expressing gratitude toward Tonle Sap Lake. This grand […]
Synopsis: Despite geopolitical tensions and sluggish global recovery, Cambodia remains resilient and committed to development. Cambodia’s economy is projected to expand by 6.3 percent in 2025, fueled by continued growth in the industry, services, and agriculture sectors, said Prime Minister Hun Manet on Sunday. The country’s Gross Domestic Product (GDP) is expected to reach $51.39 […]
Here are the top business stories in Cyprus from the week starting June 9: The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director General of the European Banking Federation (EBF). Speaking to the […]
Limassol studio launch signals long-term film investment in Cyprus Copper Island, the international film company with roots in the US, UK, Europe and Australia, has officially launched its new post-production facility in Limassol’s old town, marking a strategic investment in Cyprus’ growing role as a hub for global filmmaking. The event drew a crowd of […]
Australia and Japan have collaborated to help strengthen Cambodia’s cashew sector by increasing processing capacity, aiming to produce a more delicious and high-quality product for export to the global market. The Australian Embassy in Cambodia wrote on its social media earlier this week that Australia and Japan are working together to strengthen Cambodia’s cashew sector […]
Minister of Energy, Commerce and Industry, George Papanastasiou is in Marseille to represent Cyprus at the 2025 Raisina Mediterranean international geopolitical conference. A press release by the Ministry says that the conference is the first Mediterranean edition of the Raisina Dialogue, one of the most important international geopolitical fora co-organised by the Observer Research Foundation and […]
The growth and continued success of the country’s maritime sector was praised by President, Nikos Christodoulides, during his speech at the General Assembly of the International Chamber of Shipping held in Athens. “We are proud of the remarkable growth and the continued success of our maritime sector and we are working to expand it to […]
Invest Cyprus evaluates the organisation of the Investopia Global Mediterranean Forum in Cyprus as a huge success, both in the presence of high-ranking individuals and multinational companies or companies from the United Arab Emirates (UAE) and at the level of governments and ministers. Focusing on the important presences hosted by the forum, such as the […]
Tourism revenue in Cyprus reached €129.4 million in March 2025, marking a 14.5 per cent increase compared with the same month last year (€113.0 million), according to a report released by the statistical service on Friday. For the first quarter of the year, revenue from tourism totalled €278.3 million, up 24.6 per cent from €223.3 million […]
AstroBank on Friday announced that it will pay interest and proceed with the early redemption of two of its senior preferred bonds on June 30, 2025. The bonds in question include one with a nominal value of €8.2 million, and another worth $12.2 million. The interest rates on these bonds are 6.50 per cent and 8.50 per cent per annum respectively. The interest is […]
Officials from the Central Bank of Cyprus (CBC) met with counterparts from the central banks of Lithuania and the Netherlands on Thursday and Friday. The meeting allowed for the exchange of technical expertise, experiences, and facilitated a discussion on best practices in supervising electronic money and payment institutions. According to a statement issued by the CBC on Friday, similar meetings are scheduled to […]
Over 350 senior delegates from more than 30 countries gathered in Athens this week for the high-level ‘Shaping the Future of Shipping Summit’. The event was jointly hosted by the Ministry of Maritime Affairs and Insular Policy of Greece, the International Chamber of Shipping (ICS), and the Union of Greek Shipowners (UGS). The summit brought […]