public sector

Amazon to spend nearly $9 bln to expand cloud infra in Singapore

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Amazon to spend nearly $9 bln to expand cloud infra in Singapore

Amazon Web Services (AWS) plans to invest S billion in expanding its cloud computing infrastructure in Singapore over the next four years. Additionally, AWS has already invested S.5 billion in the Asia Pacific Region until 2023, with a total planned spend of more than S billion by 2028. Other tech giants like Apple and Microsoft are also making significant investments in the region, indicating the growing interest in Southeast Asia’s tech market.

RIF launches research support programmes worth , €14.5 million

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RIF launches research support programmes worth , €14.5 million

The Research and Innovation Foundation (RIF) announced the launch of two new programmes, Excellence and Post-Doc, with a total budget of €14.5 million. The Excellence programme has a budget of €12 million and covers life sciences, physical sciences and engineering, and social sciences and humanities. The maximum funding per project is €200,000 for life sciences and physical sciences and engineering, and €120,000 for social sciences and humanities. The Post-Doc programme has a budget of €2.5 million and funds projects in the same scientific areas. The aim of the programmes is to foster scientific excellence and support post-doctoral researchers in carrying out specialized projects. Interested parties can submit proposals via the IRIS portal by July 5, 2024.

In Budget balancing act, what business wants to see

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In Budget balancing act, what business wants to see

Fact: Business wants to see this year’s Budget focus on tax relief, reducing red tape, and support for upskilling.

Our View: Political pension overhaul long overdue

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Our View: Political pension overhaul long overdue

Fact: The Cyprus Supreme Court ruled that a pension is a property right of the recipient that cannot be cancelled.

First Covid, now heat: online schooling returns to the Philippines

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First Covid, now heat: online schooling returns to the Philippines

Fact: Record heat in the Philippines this month has forced schools to send children home for online classes, reviving memories of Covid lockdowns and raising fears that more extreme weather in the years to come could deepen educational inequalities.

‘, Mediterranean Consultancy of the Year’ win for Action Global

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‘, Mediterranean Consultancy of the Year’ win for Action Global

Action Global Communications was recognized as the “Mediterranean Consultancy of the Year” at the 2024 EMEA SABRE Awards.

Solving the affordable housing crisis in Cyprus

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Solving the affordable housing crisis in Cyprus

Fact: The European Investment Bank (EIB) has identified land use regulation as the most important determinant of housing supply with an adverse effect on housing affordability.

Turkish Cypriot economy is not the worst in its history

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Turkish Cypriot economy is not the worst in its history

Fact: Unemployment in Turkish Cyprus fell to 5.1 per cent in 2023, the lowest level since 2004, and the economy experienced a growth of 13.3 per cent in 2022, the fastest pace since the post-Annan Plan referendum period.

Industrial policy for economic security

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Industrial policy for economic security

The European Union will need to use industrial policy to ensure economic security for the next five years.

Cyprus Forum Cities highlights local governance and smart cities

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Cyprus Forum Cities highlights local governance and smart cities

House of Representatives President Annita Demetriou warned about forthcoming challenges in local governance during her address at the 2nd Cyprus Forum Cities event. Deputy Minister Nikodemos Damianou outlined the Cyprus government’s plans for smart city development, including the Smart Cyprus initiative. Deputy Minister Irene Piki emphasized the critical role of cities in improving citizens’ quality of life.