Cyprus wine industry embraces change

Cyprus wine industry embraces change

Industry has developed massively over the last few years Let us start with the definition, what are experimental wines? They are wines born from uncertainty and the constant questioning that drives winemakers to seek new ways to interpret wine, new preparations and new insights. Cypriot winemakers, when they are not working with traditional methods, the […]

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Cyprus Business Now: gaming, FIBA, Keve, tourism, shipping

Cyprus Business Now: gaming, FIBA, Keve, tourism, shipping

Cyprus recorded strong growth in manufacturing, trade and tourism during the first half of 2025, according to the state statistical service’s latest bimonthly bulletin. The bulletin presents the most important economic developments for the Cyprus economy for the latest months up to June 2025, along with comparative data for the last four years, available until August 12, 2025. Manufacturing production during […]

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GDT betters online system to streamline DTA

GDT betters online system to streamline DTA

The General Department of Taxation (GDT) Tuesday announced an enhancement to its double taxation agreement (DTA) implementation management system, enabling taxpayers to apply fully online for tax benefits aimed at boosting efficiency, reducing administrative burdens and increasing transparency. The improvement of the ‘DTA Implementation Management System’ was directed by the Ministry of Economy and Finance […]

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Strong tourism and exports support Cyprus economic growth in first half of 2025

Strong tourism and exports support Cyprus economic growth in first half of 2025

Cyprus sees 11.5 per cent rise in tourist arrivals during this time Cyprus recorded strong growth in manufacturing, trade and tourism during the first half of 2025, according to the state statistical service’s latest bimonthly bulletin. The bulletin presents the most important economic developments for the Cyprus economy for the latest months up to June 2025, along with comparative data […]

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Paphos promotes beaches, culture and gastronomy in domestic tourism drive

Paphos promotes beaches, culture and gastronomy in domestic tourism drive

Summer campaign reaches 600,000 potential visitors The Paphos regional tourism board (Etap) this week announced that its coordinated summer campaign to attract domestic tourism, which began in May, will conclude on August 14. In its statement, the board said that this initiative “formed part of its broader strategy to strengthen tourism activity and increase visits from […]

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MEF projects Cambodia’s growth at 5.2% in FY25

MEF projects Cambodia’s growth at 5.2% in FY25

Despite a moderation in economic momentum, Cambodia’s growth prospects for 2025 and 2026 remain steady, supported by resilient performance across key sectors, according to the Ministry of Economy and Finance’s latest outlook. The Macroeconomic Situation and Outlook for 2025 and 2026 report, prepared by the Ministry’s General Department of Policy and released on Wednesday, projects […]

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US firm to build $297 million SEZ along Mekong River

US firm to build $297 million SEZ along Mekong River

An American company is preparing a $297.6 million investment to develop a special economic zone (SEZ) along the Mekong River, aiming to attract European and US manufacturers while leveraging future transport links to strengthen Cambodia’s role in regional and global trade. Heng Sokkung, Secretary of State of the Ministry of Industry, Science, Technology & Innovation […]

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Cambodia, EU strengthen tourism ties with focus on eco-tourism

Cambodia, EU strengthen tourism ties with focus on eco-tourism

Ministry of Tourism (MoT) and the European Union (EU) Embassy to Cambodia Monday discussed strengthening cooperation on key areas, including eco-tourism to support local communities and promote Cambodia to European travellers. The discussion took place at the Ministry of Tourism, where Minister of Tourism Huot Hak welcomed Igor Driesmans, Ambassador of the European Union to […]

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Cambodia’s exports under trade preferences surpass $13 billion

Cambodia’s exports under trade preferences surpass $13 billion

Cambodia’s exports under various trade preference schemes reached an impressive $13.27 billion in the first half of this year, accounting for 88 percent of the country’s total exports of $14.92 billion, a report from the Ministry of Commerce (MoC) showed on Monday. The report highlighted the critical role that trade preferences such as the Generalised […]

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