Campaign to bring Cypriots back home

Campaign to bring Cypriots back home

Cyprus President Nikos Christodoulides has issued a heartfelt invitation to Cypriots living abroad: Come home and help build the future of Cyprus. Speaking in London to more than 750 Cypriot professionals at the “Minds in Cyprus” event, the president unveiled a national action plan designed to bring talented expats back to the island. The goal […]

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ASBISc revenue rises 33 per cent in April to $255 million

ASBISc revenue rises 33 per cent in April to $255 million

ASBISc Enterprises on Thursday announced estimated consolidated revenues of approximately $255 million for April 2025, marking a 33 per cent increase compared to the same month last year. In an announcement submitted to the Cyprus Stock Exchange (CSE), the company disclosed the figures as part of its commitment to regular revenue updates. The company clarified that the reported data is […]

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This Cambodian beach town costs less than your Netflix subscription (and delivers paradise for just $6 a night)

This Cambodian beach town costs less than your Netflix subscription (and delivers paradise for just $6 a night)

This idyllic coastal town in Cambodia might be the best travel deal you’ll find this year. For just $6 per night—less than what you pay for a standard Netflix subscription—you can wake up to pristine beaches, swaying palm trees, and the gentle sound of waves lapping against golden shores. The under-the-radar paradise that costs less […]

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Cyprus average wage hits €2,813 in fourth quarter of 2024

Cyprus average wage hits €2,813 in fourth quarter of 2024

Average monthly earnings in Cyprus rose by 5 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by the Cyprus Statistical Service (Cystat). When compared to the previous quarter, and after adjusting for seasonal fluctuations, average monthly earnings increased by 1.2 per cent in the fourth quarter of 2024. Specifically, […]

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Investors from Hungary urged to explore opportunities in Cambodia

Investors from Hungary urged to explore opportunities in Cambodia

Investors from Hungary have been urged to explore opportunities in the Kingdom’s various economic sectors from agriculture to information technology. This came as Khuon Sudary, President of the National Assembly, received Tibor Baloghdi, Ambassador of Hungary to Cambodia, on Tuesday at the National Assembly Palace. They acknowledged growing economic ties between the two nations, encompassing […]

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Belgium considers investment in Cambodia’s medical waste management

Belgium considers investment in Cambodia’s medical waste management

Belgium has shown interest in investing in Cambodia’s medical waste management sector, which is well in line with the country’s Chakra Strategy to promote a clean, green, and sustainable environment. Sarah Gasquard, Chargé d’Affaires of the Belgian Embassy in Cambodia, based in Bangkok, highlighted this interest during a courtesy meeting with Eang Sophalleth, Cambodian Minister […]

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Paphos joins EU-wide project to promote smart and sustainable tourism

Paphos joins EU-wide project to promote smart and sustainable tourism

Paphos is joining nine other European regions in the EU-backed Smart-Tour initiative to boost digital and sustainable tourism as part of its strategy to become a forward-looking destination. According to an announcement, the Paphos regional tourism board (Etap) will participate in the 36-month programme, which focuses on promoting accessibility, digital transformation, environmental sustainability, cultural heritage and creative […]

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Invest Cyprus recognised for promoting Cyprus as FDI hub

Invest Cyprus recognised for promoting Cyprus as FDI hub

The Cyprus Investment Promotion Agency, widely known as Invest Cyprus, has been honoured with the prestigious Editor’s Choice Award at the 17th IN Business Awards. According to an announcement released on Wednesday, this latest accolade is “yet another recognition of Invest Cyprus’ role in attracting foreign direct investment (FDI), supporting international investors, and promoting Cyprus […]

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Cyprus is our gateway to global markets, says Freedom Holding’s Turlov

Cyprus is our gateway to global markets, says Freedom Holding’s Turlov

Founder and CEO of Freedom Holding Corp. Timur Turlov described Cyprus as the company’s “European gateway to global markets” during his address at the Sixth New York – Eastern Mediterranean Business Summit. Held under the theme “Cyprus – Greece – Israel: Spurring Resilient and Multilateral Collaboration with the Region”, the summit was organised by The Economist and brought together […]

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Mitsubishi Electric Officially Launches Cambodia Branch and Commercial Representative Office in Phnom Penh

Mitsubishi Electric Officially Launches Cambodia Branch and Commercial Representative Office in Phnom Penh

(Phnom Penh) On May 20, 2025, the grand opening ceremony of Branch of Mitsubishi Elevator (Thailand) Co., Ltd. and Commercial Representative Office of Mitsubishi Electric Asia Pte Ltd was held at the Sofitel Phnom Penh Phokeethra Hotel. This investment signifies Mitsubishi Electric’s deepening commitment to the ASEAN region. As a global leader in electrical and […]

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