Micro News

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…


According to Christian Kälin, Henley & Partners’ Group Chairman, the global residence and citizenship programs continue to generate a lot of interest as the investment migration industry is prospering. The Global Citizenship and Residence program ranked Singapore 17th worldwide for its Residence Through…


Taking measures to fight tax evasion and avoidance, and to promote a fairer taxation, an EU list of jurisdictions which are not in conformity with EU standards on taxation good governance (Tax Havens) is to be created before the end of the current year (2017).  Such “Blacklisting” will aim to reduce…


HSBC paid US$352mil to avoid trial for tax fraud whereby the bank was accused of helping French clients evade EUR1.67 Bil from Tax authorities according to a close source. This deal is first in France under a new procedure that went through the dismissal of suspected corruption or tax fraud by negotiating…


17,6 million people have visited Singapore this year. This year the number of visits to Singapore has increased by 6,1% and, according to forecasts, will grow further. The predicted number of visits to Singapore in 2020 will reach 21,3 million, in 2025 – 30,2 million. As believed by Wouter Geerts from…


On Tuesday the 14th of November, The Monetary Authority of Singapore (MAS) launched numerous initiatives relating to efforts to establish itself as a fintech regional leader. The MAS Managing Director, Ravi Menon, has stated that the central bank will sign 16 collaboration agreements with other governments,…


Facebook is asking for their users to send their nude photos in an attempt to combat revenge porn. Individuals who have sent nude or intimate images are concerned that their partner (or ex-partner) might distribute them without their consent. And so, Facebook is now suggesting that these images should…



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