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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 ...
Low demand and lack of liquidity are the main problems Cypriot businesses face, a recent survey has shown.
Tourist arrivals in August rose 5.1% to 392,272 compared to a year before mainly on a strong increase in the number of tourists from the UK which more than offset the drop of Russians visitors, the statistical service said.
The government recently launched the licensing procedure for the integrated casino resort.
Energy Minister Yiorgos Lakkotrypis travels to Houston on September 18, 2015 to meet Noble Energy Chief Executive Officer (CEO) David L. Stover to discuss the Aphrodite field development plan and possible gas exports to Egypt.
A Eurogroup meeting recently declared Cyprus a success story, praising the conclusion of its seventh review of the economic adjustment programme, which took place in July 2015.
A solution of the Cyprus problem will open new prospects for ships flying the Cypriot flag, Cypriot President Nicos Anastasiades said recently.
The European Central Bank purchased since July 2015 a total of €98m in Cypriot government securities with an average maturity of 5.27 years as part of its expanded asset purchase programme.
The Cabinet has approved the 2016 budget, which Finance Minister Haris Georgiades described as ‘balanced’ and included a 5% increase in development spending.
The Natural Gas Public Company (DEFA), currently in the midst of negotiating a contract worth some $4bn, will soon convene its board to discuss allegations of a conflict of interest in relation to the natural gas tender.
With a changing regulatory landscape, no country has a clear tax advantage over the other anymore. It’s a new game with new considerations, says First Names MD Christos Michael.
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