More than 2,000 plants were handed out to members of the public at Larnaca airport on Saturday morning. The plants were handed out as part of the airport’s holding company Hermes airports’ ‘Green Lemonade’ project and included a selection of fruit trees and ornamental and aromatic plants. The handing out of plants is one branch of […]
Cyprus’ first natural gas extraction will most likely be from the Kronos reservoir in block 6, which may be in 2027, Energy Minister George Papanastasiou said in an interview to Kathimerini published on Sunday. He also shared that in early 2025, ExxonMobil will begin drilling an exploratory well in the Electra site in Block 5 and a well in […]
Prime Minister Kyriakos Mitsotakis addressed developments in the Middle East, European competitiveness, immigration, regional issues, and the Cyprus problem during joint statements with the leaders of the MED9 at the Summit in Paphos. Key focus areas of the 11th MED9 Summit: Cyprus, Regional Stability, and International Relations The Euro-Mediterranean Summit took place amid concerns over […]
‘They’re building a highway through Akamas while your yiayia waits for her bus in the rain!’ There’s just one functioning method of public transport on the island of Cyprus. But those of us with vehicles of our own rarely use it. Why would we, when we can go anywhere we want at any time we want in […]
Cambodia earned nearly $9 billion from the export of textile products to international markets during the first three quarters of 2024, marking an increase of nearly 25% compared to the same period in 2023 and representing almost half of the country’s total export revenue. From January to September, the country exported textile products categorised under […]
The 3rd annual event of the Recovery and Resilience Plan for Cyprus is scheduled to be held on Tuesday, 15 October with the aim of unveiling progress on the local health sector. The event is being organised by the General Directorate for Development of the Ministry of Finance and the Representation of the European Commission […]
The 7th annual ‘Young Entrepreneurship Awards’, organised by Cyprus Chamber of Commerce and Industry (Keve) with support from the Ministry of Energy, Commerce, and Industry and Hellenic Bank, celebrated young Cypriot entrepreneurs for their impact on the country’s economic progress. Keve noted that the awards, now an “annual institution,” seek to inspire and recognise young […]
Some 400 women in shipping from 40 different countries are participating in the 50th Anniversary World Congress of the Women’s International Shipping and Trade Association (WISTA International), which started on Thursday in Limassol. The Secretary General of the International Maritime Organisation (IMO), Arsenio Dominguez, in his opening address to the Conference expressed his satisfaction that […]
The Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, has called on banks to weigh both social considerations and the need to bolster the competitiveness of the economy in their pricing strategies. Warning against neglecting these factors, he suggested that failure could damage the sector’s reputation. Speaking with the Cyprus News Agency, and ahead […]
The 10-member Association of Southeast Asian Nations (ASEAN) is holding its annual summit in Laos. The bloc’s members view these summits as a key platform to engage with foreign partners on major issues regarding politics, economy and security. The EU will be represented in Laos by President of the European Council Charles Michel. He has […]
Vietnam and Thailand agreed to coordinate with relevant nations to pilot the “Six Countries, One Destination” initiative to drive regional tourism. Vietnamese Prime Minister Pham Minh Chinh met with his Thai counterpart Paetongtarn Shinawatra on the sidelines of the 44th and 45th ASEAN Summits and Related Summits in Vientiane, Laos, on Wednesday where the two […]
PHNOM PENH: Prince Bank, a leading financial institution in Cambodia, has been honored with the prestigious International Banker Award for the fifth consecutive year, solidifying its position as a trailblazer in the nation’s banking industry. The bank first received this esteemed award in 2020. This accolade highlights Prince Bank’s unwavering commitment to excellence, innovation, and […]
Cambodia and Thailand Wednesday held talks on establishing special economic zones, enhancing people-to-people connections, promoting tourism, besides strengthening bilateral cooperation between the two countries. Discussions on the key areas were held during a bilateral meeting between Prime Minister Hun Manet and Thai Prime Minister Paetongtarn Shinawatra on the sidelines of the 44th and 45th ASEAN […]
Cambodia exported goods worth approximately $19.8 billion during the first three quarters of 2024, up 17 percent from $16.9 billion recorded in the same period last year, a report from the General Department of Customs and Excise of Cambodia showed on Thursday. From January to September, the Kingdom imported $21 billion worth of goods to […]
Labour Minister Yannis Panayiotou on Thursday spoke about the importance of digital and green skills in supporting Cyprus’ economic growth at a meeting of the Human Resources Development Authority’s (Anad) new board. The meeting, attended by Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou and Environment Commissioner Antonia Theodosiou, focused on Cyprus’ policy […]
Cyprus’ trade deficit reached €4.98 billion in the January-August period, down 18.5 per cent compared to €6.12 billion in the same timeframe last year, according to a report by the Cyprus Statistical Service (Cystat). This improvement reflects a 15.5 per cent reduction in total imports, which amounted to €7.58 billion in the first eight months […]