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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 ...
The health ministry announced six new coronavirus cases on Thursday, identified from 1,774 tests.
The cabinet has appointed a ministerial committee to prepare an action plan for the gradual opening of the island’s two airports, Transport Minister Yiannis Karousos said Thursday.
Pure new bank lending in Cyprus declined by 33% in March compared with the previous month, as the lockdown to curb the spread of the coronavirus outbreak began to bite.
The Council of Ministers decided on Thursday to make available €4.6 million to support farmers adversely affected by measures to contain the spread of Covid-19.
With the partial lifting of the restrictive measures imposed in March to combat the spread of COVID-19 in Cyprus, a number of businesses resumed operations this Monday.
The Cabinet on Thursday approved a new bundle of support measures for businesses to keep the economy afloat after the slowdown brought about by the coronavirus outbreak.
Finance Minister Constantinos Petrides appeared optimistic that Cyprus will emerge from the crisis very soon speaking in the online briefing organized by Invest Cyprus.
Construction work of the casino project in Limassol resumed on Wednesday after COVID-19 lockdown, setting a course to deliver Europe’s largest Integrated Casino Resort (ICR).
Cyprus is heading for a tough economic recession with GDP growth in 2020 to decline -7.4% while public finances will deteriorate with a -7% deficit, according to the EU.
Five new cases of coronavirus were announced by the health ministry on Wednesday evening, bringing the total number of confirmed infections to 883.
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