Government’s reform programme includes cutting red tape for investments
The government hopes a new bill will cut the red tape and encourage more investment, which is oftentimes hampered by the lengthy procedures in the...
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Cutting investment red tape: is it third time lucky?
For years officials have talked of the need to curb red tape standing in the way of investments. But the establishment of a ‘One Stop...
The Singapore of Europe –Cyrpus strategy invites international investors
*Cyprus offers first-class financial services on the world economic stage *Government’s legislation strategy attracts international investments *Corporate or individual, a Cyprus tax base will save...
PwC presents challenges and opportunities in Cyprus to businessmen in Russia
Presentations focused on international tax developments and their impact A PwC Cyprus event held in Moscow in cooperation with PwC Russia focusing on the...
Hellenic pulls plug on investment subsidiary
Hellenic Bank said its board decided on Tuesday to wind down the operations of its retail brokerage service subsidiary Hellenic Bank Investments Ltd (HBI) effective...
Gulf tourism frenzy in Bosnia delights business, polarises locals
By Daria Sito-Sucic Abdulah Al Sanousi enjoys the breeze in the lush resort outside Sarajevo where his family bought a flat to escape the summer...
Over €170m lost from 11 CyTA pension-fund investments
Eleven investments by the employees’ pension fund of the Cyprus Telecommunications Authority (CyTA) from 2009 to 2013 have made a total loss of over €170...
Lifting of Iran sanctions offers Cyprus opportunities, requires caution
By Stelios Orphanides The decision by world powers to lift sanctions against Iran after the isolated South Asian country complied with the terms of a...
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...
Impact of Swiss franc on business
THE SECURITIES and Exchange Commission (CySEC) has “urgently requested” from investment firms to report any problems from the Swiss National Bank’s recent decision to scrap...
‘Where is the money going?’
By Staff Reporter EUROPEAN bankers chided Cypriot banks yesterday for failing to pass on millions to small and medium sized businesses, which they called the...
Paphos project boosts jobs, despite permit delays
By Constantinos Psillides INVESTING in the local economy is the cornerstone of growth and the government will do it’s best to encourage it, President Nicos...
Chinese interest so far has only been ‘a drop in the ocean’
By Stefanos Evripidou TOURISM from China and investments in real estate are just a “drop in the ocean” compared to the huge potential that exists...
Cyprus hopes to lift capital controls in the coming months
By Angelos Anastasiou PRESIDENT Nicos Anastasiades said the government hopes to lift capital controls, imposed after the March 2013 bailout, within the coming months. Anastasiades...
First and foremost a man of God but the Church still needs money
Archbishop Chrysostomos II on Friday denied suggestions that he was neglecting his spiritual work to concentrate on the Church’s finances. “This is not true and...
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...
The best time to invest in Cyprus is now
By Theodore Panayotou From the ashes of its economic collapse, Cyprus is emerging as one of the best destinations for value investing. Because of its...
Cyprus signs €100m loan agreement with EIB
THE government and the European Investment Bank yesterday signed a loan agreement for €100 million to be used for various projects. The loan will be...
