Coronavirus: Chamber of Commerce outlines measures to kickstart economy
The Cyprus Chamber of Commerce (Keve) on Sunday proposed a series of recommendations on supporting the economy to kickstart it back to life after the...
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Potato exports under threat after frost damage
Potato farmers in the Famagusta district said Monday the overnight frost had damaged their crops, warning that not enough could be saved to serve foreign...
Trade deficit increases in first ten months of 2019
Cyprus’ trade deficit recorded an increase during the first ten months of 2019, data released by the Cyprus Statistical Service on Wednesday show. In particular,...
Beer deliveries down overall this year but climbing since May
Beer deliveries reached 13.42 million litres between January and May 2019, down 6.4 per cent compared with the same period last year. The decrease is...
Turkish Cypriot halloumi producers seek to boost exports
Halloumi exports from the north amounted to 7.5m kilos spread among ten different countries in 2017, reports from the north said on Monday. Since the...
Exports on an upward trajectory, led by pharmaceuticals
Cypriot exports have been on an upward course in recent years, recording a 16 per cent rise in 2016 spearheaded by pharmaceuticals. The value of...
90 per cent of exports to EU by SMEs
Almost 90 per cent of Cyprus’ exports, as well as over 80 per cent of imports, to and from European Union member states are done...
Trade deficit widens 2.2% to €2.8bn, Cystat says
Cyprus’s trade deficit widened 2.2 per cent, to over €2.8bn, in the first eight months of the year compared to the respective period of last...
Imports and exports up
Both imports and exports rose markedly during the first two months of the year, compared to the same period in 2016, according preliminary data from...
German growth expected to halve in 2017 as Brexit bites
German economic growth will nearly nearly halve in 2017 as Brexit and other risks hit exporters, the DIW institute said on Thursday, although it predicted...
Halloumi a winner in the UK
The UK tops the list of foreign countries where Cypriot halloumi cheese is being consumed the most, according to a report by the British supermarket...
Not enough sheep and goat’s milk to match increasing exports of halloumi
While halloumi exports are increasing year after year to the tune of 15 to 20 per cent, bringing in a revenue of €103m in 2015,...
Trade deficit widens to €464.3m in first two months of 2016, Cystat says
Cyprus’s trade deficit in the first two months of 2016 widened an annual 26 per cent or by €95.9m to €464.3m mainly as exports slumped...
A herb garden for Europe
By Annette Chrysostomou There is more to Cyprus’ agricultural exports than potatoes and halloumi. Alion is a good example. This company not only sells vegetables,...
Iran bans imports from Saudi Arabia, faces Saudi boycotts
Iran and Saudi Arabia took further steps to sever commercial ties on Thursday, intensifying a feud between the regional rivals, as Tehran announced a ban...
Manufacturers seek opportunities in exports
By Stelios Orphanides Overall manufacturing turnover rose 4.8 per cent in July and 0.5 per cent in January to July compared to a year before...
Lack of news about Greek 26% import tax continues to cause concern
By Stelios Orphanides Businesspeople in Cyprus are increasingly worried over the lack of official news about the Greek government’s intention to announce exemptions from a...
Russia to ease sanctions on Cyprus exports
RUSSIAN health authorities will carry out checks on Cypriot producers before they are allowed to export products to the country, reports said on Monday. Quoting...
Big business mobilises against punitive Greek tax
By Angelos Anastasiou A GROUP of Cypriot businesses with strong presence in Greek markets have engaged the Cyprus Chamber of Commerce and Industry, and will...
Trade deficit up in first seven months
Cyprus’ trade deficit in the first seven months of 2014 increased by €137 million or 7.6 per cent, reaching around €1.9 billion compared with €1.8...
