Business sector lauds lifting of capital controls
The decision to lift capital restrictions showed that the banking system is stabilising, the banks’ association said on Monday, as the island put an end...
CIPA
Red-tape still the bane of foreign investment
By George Psyllides Bureaucracy, lack of confidence in the banking system, and delays in decision making were cited as Cyprus’ main disadvantages in a survey...
Georghadji: Cyprus remains committed to adjustment programme
Cyprus remains fully committed to the implementation of the adjustment programme with international lenders Central Bank Governor Chrystalla Georghadji said on Tuesday. She was speaking...
‘Little upturn on foreign investment without reforms’
By Angelos Anastasiou A steady economic environment and combating bureaucracy are the two prerequisites to effectively attracting foreign investment to Cyprus, the House commerce committee...
Cyprus ranks low in World Bank’s ‘Doing Business’ report
THE NEED for strategic reforms, simplification of procedures and how to combat bureaucracy were the main conclusions in the World Bank’s Doing Business Report 2015,...
Foreign firms keen to invest more in the long term
By Constantinos Psillides FOREIGN investors are willing to stay and probably invest more in the Cypriot market, provided that the state provides proper incentives and...
Cyprus loses a little ground in ‘doing business’ report
By Angelos Anastasiou THE NEED to combat bureaucracy, simplify procedures and update the structures and practices in Cyprus were the main conclusions drawn from the...
Qatari Investment Authority targets Limassol says CIPA
THE Qatari Investment Authority (QIA) has shown interest into investing in property in the Limassol area, said Christodoulos Angastiniotis, head of the Cyprus Investment Promotion...
CIPA and development projects Association join forces to attract FDI
The Cyprus Investment Promotion Agency and the Association of large-scale development projects have agreed to coordinate their efforts in a bid to attract foreign direct...
Finance Minister predicts milder GDP contraction
Τhe contraction of the Cyprus economy is expected to be 2% less than what was initially forecasted, said Finance Minister Harris Georgiades from London on...
Investment agency launches PR campaign
The Cyprus Investment Promotion Agency (CIPA) is looking to restore Cyprus’ image as a reliable investment destination, which was badly hurt in recent months as...
Second package of measures on their way
THE government will announce a second package of economic stimulus measures in the next few days, a spokesman said yesterday. The announcement came after a...