The digital economy: challenges for global taxation
By Andreas Papagavriel The digital transformation of the global economy and the shift towards a user-based digital market that has been primarily driven by the...
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Tart-up or Start up?
Two innovation strategies for established companies By Dimis Michaelides The innovation game is not played on a level playing field. Start-ups – companies under five...
Seizing opportunities in the digital era
By Evgenios Evgeniou According to PwC’s Global CEO Survey, technology is playing a leading role in today’s business world, leaving its own distinct mark....
Innovation – what kind and how fast?
Direction and speed are crucial By Dimis Michaelides What kind of innovation? Imagine a horizontal line which I shall call the innovation continuum. On the...
Pool law killing small business
Scores of owners facing legal action By Annette Chrysostomou OVER 160 apartment complexes in the Paphos district are facing legal action from local municipalities for...
US official says Cyprus not open for illicit business
Illicit actors should know that Cyprus is not open for business, a statement by the US embassy in Cyprus said on Friday, following a visit...
Is it time to scale down passport-selling scheme?
When Cyprus’ fiscal and banking crisis culminated in the March 2013 bailout agreement, its economic prospects were at their worst for nearly four decades. Economic...
Cyprus checklist for young entrepreneurs
By Annette Chrysostomou Would you move to Cyprus to start your own business? A new study sheds some light on what you should consider. Cyprus...
Government strives to turn Cyprus into world-class business destination
The government is striving to make Cyprus a world-class destination for business and investment, President Nicos Anastasiades said on Monday, as he received on Monday...
European University of Cyprus may be up for sale, report suggests
Laureate Education Inc., the owner of the Nicosia-based European University of Cyprus (EUC), is considering selling its subsidiaries in Italy and Germany, as well as...
Limassol burnishing its business crown
Limassol has been a foreign investment magnet for decades, transforming itself into a large city with landmark buildings, high rents and lots of trade, and...
BOC in talks with institutional investors following LSE listing, CyBC says
Bank of Cyprus aims at attracting institutional investors for longer term placement in the bank’s share, days after its London Stock Exchange listing, state broadcaster...
EY survey says cost and infrastructure top challenges for Cypriot companies
Ernst and Young (EY), the London-based auditing and consulting firm, said cost, infrastructure, cashflow, and inventory management are the top challenges Cypriot companies are facing....
Finance ministry to issue decree on country-by-country reports for multinationals
The finance ministry said that it intends to issue by the end of 2016 a decree defining the obligations of multinational enterprises on the “country-by-country”...
New double tax treaty with India to remove Cyprus from blacklist
Cyprus and India will sign a new double tax avoidance treaty on Friday, the finance ministry said, opening the way for the island’s removal from...
Greece’s Motor Oil acquires Lukoil Cyprus for €10m
By Stelios Orphanides Greece’s Motor Oil Corinth Refineries SA said that its unit Coral SA agreed to acquire Russia’s Lukoil operations in Cyprus for €10m....
Columbia Shipmanagement and Marlow Navigation in merger talks
The Limassol-based Columbia Shipmanagement and Marlow Navigation, two of the largest ship management firms in the world, said that they have engaged in exploratory talks...
Lakkotrypis to have series of contacts in UK
Commerce, Tourism and Energy Minister Giorgos Lakkotrypis leaves on Sunday for a series of meetings in London, Edinburgh and Brussels, it was announced on Sunday....
Logicom nine-month profit up 6% to €7.6m
Telecommunications technology and software developer Logicom Public Ltd said that its net earnings attributable to shareholders in the first nine months of the year rose...
Cyprus’ new division: two time zones now a reality
NICOSIA, aside from being the only divided capital, as of today is now also probably the world’s only city of its size to have two...
