The project to electrify Cambodia’s river systems, which is expected to cost a total of $600 million over five years, received its first tranche of $120 million in funding. The funding came in from the commercial arm of a major multilateral bank. Currently, this project is being pitched to investors, focused on renewable energy projects, […]
The uniqueness of the Tonle Sap River with its charming floating villages lies in its annual flow reversal, flowing one way for half the year and in the reverse direction for the other half. Travel operators see tremendous potential in promoting the river as a tourist attraction in Cambodia. Tourists often like to see different […]
Paper Tree (Cambodia) Co., Ltd., a plantation and wood chipping company with various pre-existing horticulture operations across Cambodian provinces, has unveiled plans to register its projects with the Council for the Development of Cambodia (CDC) to gain qualified investor status. The move looks to expand the Thailand-headquartered company’s cooperation on forestry investments with local investors […]
President of the Republic Nikos Christodoulides will travel to Belgium, where he will address the College of Europe in Bruges on Wednesday and will participate on Thursday in the European Council meeting in Brussels, Government Spokesman, Konstantinos Letymbiotis, has said, adding that the President will also attend a working lunch of the EU leaders with […]
The Cyprus Naturas Gas Public Company (DEFA) is racing against time to meet a deadline that finishes at the end of 2024 for the conclusion of the Liquefied Natural Gas Terminal in a bid to absorb the balance of the €101 million grant from the Connecting Europe Facility, a DEFA senior official has said. According […]
The House Committee on Energy, Trade, Industry and Tourism this week revisited a proposal aimed at abolishing fees for innovative startups, in a bid to boost innovation and entrepreneurship. This initiative represents an effort to support startups by reducing financial burdens while ensuring compliance with regulatory standards, thereby fostering a thriving ecosystem for innovation and entrepreneurship. This proposal, […]
Minister of Energy George Papanastasiou has expressed hope that the LNG Terminal, under construction in the Vassilikos area, will be completed before the end of this year. Speaking to journalists after the Council of Ministers meeting, the Energy Minister said that an additional 120 specialised personnel from China will arrive in Cyprus and that a commitment […]
ROAR Games, a new independent games studio focused on original game development, has announced that it has secured $1.5 million from The Games Fund (TGF), a specialist early-stage VC fund with offices in New York and Cyprus. It should be noted that The Games Fund, which invests in innovative early-stage games and game tech companies, was founded by games industry veterans, and holds […]
Cyprus marked a significant step forward in its environmental efforts on Tuesday with the signing of a contract for the supply and installation of 50 prefabricated Green Kiosks to serve as recycling pickup points in mountainous and remote regions. According to a statement from the Environment Department, the contract was signed between the latter and […]
The Shipping Deputy Minister, Marina Hadjimanolis recently participated at the European Summit held during CLIA #CruiseWeek organised by the Cruise Lines International Association (CLIA). As noted in a LinkedIn post by the Deputy Ministry, the event was held in Genoa, Italy, between 12-14 March 2024. Hadjimanolis participated in the panel on the decarbonisation of the cruise industry, during which […]
Last February, 125,034 tourists arrived in Cyprus compared with 119,081 in the same month of 2023, recording an increase of 5%, Cystat said. Arrivals from the UK, the island’s main source of tourism, made up 24.6% (30,774) of total arrivals, followed by Poland with 13.3% (16,591), Israel with 10.6% (13,290), and Greece with 10.3% (12,835). […]
The Empowering Girls in STEM Project (EGI-STEM) conference, which took place from February 27 to 29 in Nitra, Slovakia, put a spotlight on the vital need to boost girls’ participation in Science, Technology, Engineering, and Mathematics (STEM) programmes. This event, according to an announcement released on Tuesday by the Ministry of Education, Culture, Sport and Youth, marked the culmination […]
Cyprus-based proptech startup Moving Doors, which provides tech-enabled serviced apartments, has announced its official expansion to Dubai, United Arab Emirates, marking a significant step in its international growth strategy. According to an official announcement, the company will begin operations immediately, focusing on two key areas, generating contacts and acquiring landlords. This will be followed by the launch […]
In response to the growing demand for businesses to adopt more sustainable and environmentally friendly practices, the Cyprus Chamber of Commerce & Industry (Keve) is set to host a seminar titled “Green Business Transition”. According to an announcement by the chamber, this event aims to inform businesses about the importance and implications of transitioning towards greener practices. […]
LARNACA, Cyprus March 16 (Reuters) – A second cargo of food aid was ready to depart by sea from Cyprus to Gaza on Saturday, the island’s president said, after a first aid shipment landed in the besieged Palestinian enclave overnight. Almost 200 tons of food arrived in the enclave late on Friday, the first shipment in a new aid […]
In a landmark for the coastal city, large-scale murals are included in a new development that are being painted by an international artist. ELENI PHILIPPOU finds out more Life and art are connected. As spring approaches and the weather turns warmer, life in Cyprus is best lived outdoors, on the streets. And there artistic interventions […]