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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 ...
Over 100 exhibitors are taking part in what is set to be the largest boat show ever organised in Cyprus at the Limassol marina next week.
Deposits in the Cypriot banking system rose by €332.1m monthly in March 2017 to €49.6bn, the highest since July 2013, as loans rose by €132.8m to €55bn, the Central Bank of Cyprus said.
Government guarantees extended mainly to general government bodies fell last year to below €2bn from €3bn the year before, the Public Debt Management Office (PDMO) said.
According to a recent report of TheMoveChannel.com, Cyprus ranks 6th in the top 10 most popular destinations for property purchases.
In April 2017, economic sentiment in Cyprus picked up as the Economic Sentiment Indicator (ESICypERC) increased by 1.3 points compared with March 2017, driven by confidence improvements in services, construction and retail trade.
Cyprus has further tightened its system against money-laundering by complying with two new sets of provisions from the International Financial Action Task Force (FATF) and the 4th Directive on money-laundering.
Cyprus is holding its first annual conference of an international financial institution, where the European Bank for Reconstruction and Development’s Annual Meeting and Business Forum will take place in May in Nicosia.
Limassol is seeking to take a leaf out of Marseille’s book in an effort to inject new life into the Aktaia Street area of the city.
The government’s deposits at the national bank rose by €68.4m in March 2017 to almost €1.2bn compared to February 2017, the Central Bank of Cyprus said.
The Cypriot government generated a fiscal surplus of €64.4m, or 0.4% of economic output, in 2016, after posting deficits over the past in eight years, the statistical service said.
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