In Cyprus, the job vacancy rate increased to 2.0% in the first quarter of 2021, the same rate as the EU, up from 1.3% in Q4 2020, but stable from a year
By Marios Tannousis Nowadays, the subject of Tech & Sustainability comes up in almost every Investment Fund event, either in a debate or a panel discussion, on the local and international stage,
The highly promising Indian market is now within reach of Cypriot-regulated funds and regulated fund managers, signalling further growth for the sector. This week, India’s Ministry of Finance issued an order specifying
Transport Minister Yiannis Karousos on Tuesday relaunched inter-city bus routes connecting Cyprus towns with its two airports in Larnaca and Paphos, as COVID-affected air passenger traffic improves. Kapnos Airport Shuttle Ltd relaunched
Holborn’s second office in Cyprus will be the Dubai-headquartered international financial advisory group’s global administrative, compliance, marketing, IT, and client relations centre. Significantly, the establishment of offices in Limassol coincides with Holborn’s
Unemployment in the first quarter reached 8.6% of the labour force, data released by the Cyprus Statistical Service (Cystat) show. The labour force amounted to 453,638 persons or 62.2% of the population
Motor vehicle registrations declined by an annual 7.8% in May, although total sales rose by 9.8% in the first five months of 2021, reflecting the improved Covid pandemic outlook. According to the
Hellenic Bank, Cyprus’ second-largest lender, announced Q1 net profits of €12.9 mln, the fourth consecutive quarter in positive territory despite the impact of the Covid-19 pandemic. In the first three months, the
Total new bank loans in April declined compared with the previous month, mainly due to the reduction in demand for new corporate loans while new consumer credit increased. According to the Central
A decision by the G7 to impose a global minimum tax rate appears not to affect Cyprus’ competitive corporate regime, Finance Minister Constantinos Petrides said. In a written comment to Reuters, Petrides
