Micro News

Olympic Resort has recently conditional green light after an initial environmental assessment in Limassol. Vassos Koumbaros has stated that the building consists of apartments, swimming pools, a spa, a gym and parking will become the 2nd such high rise in the community within other one just completed. The…


More and more conditional approvals have been given for another high-rise building in Limassol. The developments have to meet a range of standard requirements which are set by the authorities before a final permit can be issued. However, some seem to have no difficulty meeting them as 5 development projects…


The flow of migration to Cyprus will rapidly increase in the near future according to Eleni Theocharous, member of the European Parliament and of the Group of European Reformers and Conservatives (ECR). According to sources, the leader of the Solidarity party in Cyprus, CNA Theocharous, has stated that…


According to sources, Gibralatar is set to launch the world’s very first regulations for initial coin offerings with specific rules for the cryptocurrency sector. This is due to the rapid growth of cryptocurrency raising concern amongst many central bankers. Bankers are concered about financial stability…


Line, Japan’s largest instant messaging app, has stated that it was initiating a financial services version in order to allow users to trade and exchange virtual currencies. Line has stated that this new venture would allow for various financial services such as exchange and transact digital currencies,…


There is a legal storm around an alleged monumental money laundering case involving numerous jurisdictions which is also related to the acquisition of an Indonesian bank four years ago and is expected to consume Cyprus. The respective lawsuit details the acquisition of Indonesia’s Bank Mutiara by Tokyo-based…


In Tokyo, several authorities in different countries are investigating the recent USD $530 million heist concerning the NEM cryptocurrency. A member of the Singapore-based NEM Foundation, Takao Asayama, stated that it is collaborating with exchanges in order to block the hackers from cashing out the…


Singapore employers may be alienating successful job candidates with slow feedback as according to sources, 49% are inclined to withdraw from the recruitment process if the feedback is slow. Recruitment firm Robert Half have stated that in Singapore, 47% of jobseekers are frustrated when the feedback…



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