Micro News

According to a survey carried out by Noverna on behalf of the Cyprus Tourism Organization, the majority of tourists that visited Cyprus this year between July and October said that Cyprus was their first choice for holidays, they also mentioned that they choose Cyprus because of the sea, sun, tranquility,…


Moody’s bi-weekly Credit Outlook acknowledged the reduction of non-performing loans in Cyprus since 2013 and the efforts are taken for restructuration so far; however, it also underlined the need to keep the efforts and not to reduce the pace as this would affect reaching the committed targets from 2013. Potential…


Singapore’s school fees on the rise

The Singapore Education Ministry has issued a decision to increase school fees in Singapore, the intention of the Singapore Government is to maintain an average fee rate in the country which will mean an increase for certain locations. The increase will be gradual until 2020, each year the increase…


Singapore investing into digital development

A recent study carried out by the Economist Investigation Unit (EIU) has concluded a lack of confidence in hiring new talent in Singapore for digital services. However, 43% of executives said the government’s programs and events are the most helpful source of external support and about 53% said that…


Russia and Iran: Unity against hegemonism

Russia and Iran are reproaching and strengthening its ties through politics and business. During the meeting of President Putin with President Hassan Rouhani and  Supreme Leader Ayatollah Ali Khamenei, it has been overall agreed to stop the hegemonic attitude of the United States and work together to…


According to the data provided by the Central Bank of Cyprus, non-performing loans have been substantially reduced in the corporate sector, which is a good sign of economic recovery of the Island. Non-performing loans dropped by €1.8 Billion combining the Construction, Real Estate and Hospitality sectors…



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