Micro News

Last Monday, lawmakers appeared to be welcoming the idea of initiating a fund to compensate investors and depositors who lost money in the 2013 banking crisis. The lawmakers agreed to discuss the idea at the House Finance Committee, alongside Finance Minister, Harris Georgiades, this Monday the 6th …


Singapore aims to boost its current status as a foreign-exchange and wealth management centre which is part of the projected plans to design morefinancial-sector jobs and diminish the effect of quick changes in technology. On the 30th of October, the Monetary Authority of Singapore (MAS) stated that…


Singapore: Least Stressful Asian City

According to a study carried out by an European dry-cleaning and laundry service, Zipjet, Singapore is the least stressful Asian city in the world. Singapore was ranked as 42nd out of 150 cities in the study. Following this, the most stressful city in the world stands to be Baghdad in Iraq. Zipjet…


During the 10th summit of the Cyprus-Russia Intergovernmental Commission for Economic Cooperation, the two countries have signed a protocol outlining the possibilities and prospects  for expanding their long-lasting cooperation, focusing  in the area of investments for innovation, technology, health,…


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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