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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 Cabinet has forwarded to parliament a bill governing the establishment, operation and monitoring of casinos, it was announced recently.
According to the results of the Labour Force Survey for the 3rd quarter of 2014, the number of employed persons amounted to 366,307 (men 187,314 and women 178,993) while the number of unemployed reached 69,895 (men 37,906 and women 31,989).
Foreign investors bid for more than three times the amount of retail bonds offered by Cyprus in December 2014 and bought the vast majority of six-year issue, the Finance Ministry said recently.
The Cyprus Statistical Service has said a 1.4% increase in tourist arrivals was recorded between January-November 2014, with 2.384.375 people visiting the island.
A new route to Paphos is to be introduced by Thomson and First Choice from Bristol airport for winter 2015-16.
Wizz Air, the largest low-cost airline in Central and Eastern Europe, announced further growth of its low fare route network from Poland operating more flights to Larnaca.
Senvest International LLC said recently its stake in Hellenic Bank rose to over 5.03% from 2.62% as it owns 364,660,947 shares.
Capital Intelligence, an international credit rating agency, announced recently that it has raised Bank of Cyprus (BoC) Financial Strength Rating (FSR) to 'B' on 'Stable' Outlook (from 'B-' on 'Positive').
CPB FBO Third Point Hellenic Recovery Fund LP and Wargaming Plc Ltd said they increased their respective stakes in Hellenic Bank Public Company Ltd.
Coastal town Paphos sold the most properties to foreigners during the period from 2010 to mid-2014 across Cyprus, a report by Cyprus Economic Intelligence said recently.
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