ECONOMY Construction needs 5,000 more workers. Who gets to hire them? Dorita Yiannakou The labor shortage in Cyprus’ construction industry is getting worse. Building activity is picking up, new projects are getting underway, and employers are struggling to fill skilled jobs. READ MORE
Moody’s Nick Hill on financial risks and opportunities for 2025 From geopolitical tensions to digital transformation, Hill weighs in on key factors shaping the region’s economic outlook. ... Newsroom 11/12/2024 | BUSINESS
Money transfers in 10 seconds coming to Cyprus A new European regulation will make sending money faster and safer, starting January 9, 2025. Newsroom 11/12/2024 | BUSINESS
BBF Takes the Stage at MAPIC Cannes, Unveiling KEAN – A New Landmark Driving Global Interest ''Limassol Calling'': A New Hub Connecting Global Retail and Business in the Heart of the Mediterranean Press Release 10/12/2024 | BUSINESS
Europe shines in global race for smarter power grids, but China gains ground European nations dominate patent filings for smart grids and clean energy, but China’s rapid growth challenges global leadership ... Newsroom 10/12/2024 | BUSINESS
Hellenic Bank CEO Michalis Louis on merger plans and Cyprus' future Louis reveals key strategies for growth, liquidity, and the bank's expansion in Cyprus and beyond. Newsroom 09/12/2024 | BUSINESS
Geopolitical turbulence presents a looming threat to 2025 economic growth Moody’s Nick Hill says that digital transformation balances risks and rewards Newsroom 09/12/2024 | BUSINESS
A critical step for economic growth in Cyprus includes tax reform Minister of Finance outlines plans for a fairer, more efficient, and globally competitive tax system Newsroom / CNA 09/12/2024 | BUSINESS
Major developments expected in 2025 for Vasilikos Cyprus races to complete stalled energy project while PROMETHEAS ship awaits release from Shanghai Newsroom 09/12/2024 | BUSINESS
ECONOMY
