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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 ...
Rating Agencies remarks should be carefully recorded as they map out the framework of moves Cyprus should take towards restoring confidence in the country, Minister of Finance Harris Georgiades said in a written statement.
The agreement between the government and the investors who will take over the operation of the Limassol port will be signed on April 25 2016, Transport Minister Marios Demetriades said recently.
With more airlines flying into and out of the island, outbound tourism in Cyprus is changing, with direct flights to 49 destinations from Larnaca and an additional 27 from Paphos.
The retail trade volume excluding motor vehicles in the first two months of the year rose 5.1% compared with the respective period in 2015, after it rose a preliminary 8.6% in January, the statistical service said.
Low-cost airline Blue Air will be flying from Larnaca to London’s Luton airport from April 25 2016.
Fitch Ratings has affirmed Cyprus’ long-term credit rating at B+ with a positive outlook, even as risks continue to weigh on the country’s credit profile, the agency said recently.
Loan restructurings went ahead at a slow and steady pace to reach a total of €7.76 billion by the end of 2015 according to the Central Bank of Cyprus.
Officials from budget airline RyanAir have been in Paphos to look at newavenues of co-operation with the town.
Paphos, as the mythical birthplace of the goddess of love, is increasingly becoming a popular destination for civil weddings, municipalities and tourist agencies said recently.
US firms are keen to invest in renewable energy sources in Cyprus, former secretary of state Madeleine Albright said in Nicosia recently.
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