Cyprus gets three projects back on track

Cyprus gets three projects back on track

After months of setbacks and stalled progress, three of Cyprus’ biggest public works projects are getting a fresh start. The government plans to re-tender and relaunch work on the long-delayed Paphos-Poli road, the redevelopment of Larnaca port, and the expansion of Nicosia’s ringroad, all by end-2025. These major projects had hit roadblocks after issues with […]

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Cyprus average monthly earnings rise to €2,487 — 4 in 10 earn below €1,500

Cyprus average monthly earnings rise to €2,487 — 4 in 10 earn below €1,500

The average gross monthly earnings of employees in Cyprus rose by 5.3 per cent in 2024, reaching €2,487, according to provisional data released on Wednesday by the state statistical service. In terms of the fourth quarter of 2024 specifically, gross monthly earnings stood at €2,813, up from €2,680 in the same quarter of the previous year. This represents a 5 per cent year-on-year increase. When […]

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Cambodia marks 26th anniversary of joining ASEAN

Cambodia marks 26th anniversary of joining ASEAN

Marking 26 years in the Association of Southeast Asian Nations (ASEAN), Cambodia reflects on its journey from post-conflict member to active regional contributor. On April 30, 1999, Cambodia joined the ASEAN family and became the 10th member of the bloc, and ever since, the association has always been an integral part of Cambodia’s foreign policy. […]

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How Thailand, Cambodia, Malaysia, Myanmar, Vietnam, and Laos Are Transforming Southeast Asia’s Travel Landscape in 2025 With New Visa Schemes and Regional Access?

How Thailand, Cambodia, Malaysia, Myanmar, Vietnam, and Laos Are Transforming Southeast Asia’s Travel Landscape in 2025 With New Visa Schemes and Regional Access?

In recent developments across Southeast Asia, it was reported that eco-tourism and community-based travel initiatives had gained significant momentum entering 2025. It was emphasized by regional tourism boards that a new breed of travelers — increasingly conscious about their environmental impact — was seeking experiences that combined luxury with sustainability. Observers noted that locations such […]

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MAFF, KOICA ink $12M deal to boost climate-resilient farming

MAFF, KOICA ink $12M deal to boost climate-resilient farming

The Ministry of Agriculture, Forestry and Fisheries (MAFF) and the Korea International Cooperation Agency (KOICA) Monday signed a $12 million grant agreement to boost climate-resilient farming by empowering Commune Agriculture Officers (CAOs). The signing ceremony was presided over by Dith Tina, Minister of Agriculture, Forestry and Fisheries (MAFF) and Choi Moonjung, Country Director of KOICA […]

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Unlocking people power in energy storage

Unlocking people power in energy storage

How energy communities are an integral part of the renewable storage solution By Natasa Ioannou Cyprus is experiencing a critical juncture in its transition to renewable energy. While renewable energy generation continues to grow, recent curtailments – even among households with photovoltaic (PV) systems – highlight serious limitations in the island’s outdated grid and lack […]

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Central Bank of Cyprus to publish new AML directive

Central Bank of Cyprus to publish new AML directive

The Central Bank of Cyprus (CBC) will publish a revised directive on the prevention of money laundering and terrorist financing on May 2, according to an announcement released on Tuesday. The updated framework aims to strengthen compliance obligations for banks and other supervised entities. It will also help to ease procedures where feasible for citizens and businesses interacting with the financial system. The CBC stated […]

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