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
Cyprus tourism revenue rises to €474 million in July Overall spending increases despite slight drop in per capita expenditure Newsroom 30/09/2024 | BUSINESS
Cyprus and China sign landmark air transport agreement Deal paves the way for more flights, boosting tourism and trade between the two countries Newsroom 26/09/2024 | BUSINESS
Sklaventis Cyprus opens new office in Limassol Four-story building designed to enhance employee experience and support company growth. Newsroom 26/09/2024 | BUSINESS
Cyprus and Netherlands finalize double taxation treaty for Curacao New treaty aims to eliminate double taxation and enhance economic cooperation between the two jurisdictions. Newsroom 26/09/2024 | BUSINESS
Turkish Cypriot leader calls for foreign investment Ersin Tatar highlights opportunities in tourism and construction in occupied north of Cyprus Newsroom 25/09/2024 | BUSINESS
Tighter lending rules for businesses while household loans remain steady High interest rates curb demand for household loans, more applications face rejection Newsroom 25/09/2024 | BUSINESS
Cyprus promotes business and investment at major trade fair in China Cyprus highlights its advantages for companies and investors at Beijing’s CIFTIS, focusing on technology, education, and ... Newsroom 25/09/2024 | BUSINESS
Cypriot fleet grows by 12%, Deputy Minister highlights at AGM Marina Hadjimanolis outlines growth and future plans at the Cyprus Ship Owners Association meeting in Athens. Newsroom / CNA 24/09/2024 | BUSINESS