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The Cyprus Chamber of Commerce and Industry (Keve) has released a statement reviewing the outcomes of a major business forum held in Nicosia earlier this week, where Cyprus and Chna explored opportunities to expand bilateral trade, attract investment and develop business partnerships.
Cyprus businesses will need to invest more, improve productivity and turn research into commercially successful products if they are to compete internationally, with employers warning that the ability to adapt quickly to new technologies will increasingly matter more than company size.
Invest Cyprus CEO Marios Tannousis outlines how greater access to growth capital, international partnerships and skilled talent can help turn the island into a hub for globally competitive startups
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Income from tourism has started to move upwards with official data recently showing that tourist spending in February 2014 increased 10.5% on the same month last year.
Cyprus abolishes restrictions on cashing cheques as it lifts the last main domestic capital controls imposed in March 2013 to avoid a run on banks during bailout negotiations.
Cyprus Airways recently announced they assumed the line maintenance support of the A320 passenger jets of Qatar Airways, which commenced scheduled flights to Larnaca Airport.
Supporting entrepreneurship is the key for the economy to return to growth and development, says Energy Minister Yiorgos Lakkotrypis.
Recession in 2014 is forecasted to be moderate compared to 2013, according to the Economic Research Center of the University of Cyprus.
The Minister of Communications and Works says that a strategic study on the use of Cyprus' ports by oil & gas companies drilling for natural gas within the country's Exclusive Economic Zone is underway.
Central government accounts recorded a deficit of €18.95 million or 0.12% of GDP, recent data released by the Ministry of Finance shows.
Energy Minister Yiorgos Lakkotrypis assures that the government scheme to subsidise photovoltaic systems at homes will continue and will be enhanced.
For the first time mandatory sustainability standards for hotel establishments have been approved by the Cyprus Tourism Organisation (CTO).
Efforts to reform and consolidate the Cyprus economy are well underway, assures the Finance Minister, ahead of the fourth mission review of the country's programme by the Troika of international lenders.
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