CySEC hosts European securities regulators in Nicosia

CySEC hosts European securities regulators in Nicosia

The Cyprus Securities and Exchange Commission (CySEC) on Thursday hosted the plenary meeting of the International Organisation of Securities Commission’s (IOSCO) European Regional Committee (ERC) in Nicosia. The ERC is one of four regional committees established by IOSCO to address regional issues related to securities regulation. The event attracted over 52 participants, with the ERC representing 57 member authorities. […]

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CFA Society Cyprus and CCA partner to boost transparency in financial markets

CFA Society Cyprus and CCA partner to boost transparency in financial markets

CFA Society Cyprus and the Cyprus Compliance Association (CCA) have announced the signing of a memorandum of understanding (MoU). According to the announcement, this aims to “elevate transparency and professional standards in Cyprus’ financial markets“. The agreement, sealed by Andrea Moundi Savvides and Nikos Potamaris, presidents of the CCA and the CFA Society Cyprus respectively, was enacted before […]

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Logistics firm expands in Cyprus, delivering over 800,000 parcels since 2023

Logistics firm expands in Cyprus, delivering over 800,000 parcels since 2023

Logistics and tech company BOX NOW, which has set new standards in last-mile delivery across Greece, is also rapidly expanding into Cyprus. With substantial backing from Emma Capital Group, BOX NOW has quickly carved out a strategic niche within Greece’s e-commerce sector, focusing particularly on enhancing last-mile delivery solutions. Following an investment exceeding €25 million, […]

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Cambodia’s Gross Domestic Product (GDP) from GFT (Goods for Trade) exports is expected to exhibit significant growth in the year 2024

Cambodia’s Gross Domestic Product (GDP) from GFT (Goods for Trade) exports is expected to exhibit significant growth in the year 2024

Cambodia exported a total of $13.92 billion worth of garments, footwear, and travel goods (GFT) in 2024, marking a significant increase of 23 per cent compared to 2023, according to a report from the Ministry of Commerce. The report stated that garment exports were valued at $9.79 billion last year, reflecting a year-on-year increase of […]

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CCLEI records upward trend in December 2024, according to UCY CypERC

CCLEI records upward trend in December 2024, according to UCY CypERC

The Cyprus Composite Leading Economic Index (CCLEI) recorded a year-over-year increase of 2.3% in December 2024, following the year-over-year increases of 2.2% and 2.0% recorded in November and October 2024, respectively. The CCLEI maintained its upward trajectory in December 2024, with the majority of its leading economic variables (namely, the Cyprus ESI, tourist arrivals, credit […]

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Cyprus rental costs hit new highs

Cyprus rental costs hit new highs

Available rental properties across Cyprus have reached 4,484 units, with apartments averaging €1,803 and houses €3,249 monthly, according to new data released by Landbank Analytics for January 2025. The analysis reveals a significant regional price disparity, with Limassol commanding the highest rents. The city accounts for 45% of available apartments nationwide, with an average monthly […]

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Limassol municipalities unite to tackle urban growth, traffic

Limassol municipalities unite to tackle urban growth, traffic

To tackle traffic congestion and improve urban development, the municipalities of Limassol, Amathus, and Polemidia have teamed up on a collaborative spatial planning initiative, aimed at enhancing the city’s organisation while preserving the environment.  The Limassol Chamber of Commerce & Industry (Evel) has shared comments by Amathus mayor Kyriakos Xydias, who said that “the initiative […]

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