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Marketing expert Myria Kkali considers three ways in which online media have transformed tourism marketing Tourism constitutes one of the major sectors of the Cyprus economy and one of the most important pillars of the recovery process, especially in the period after the 2013 crisis. However, the sector faces enduring structural problems and erosion of its competitiveness. […]

Dr Fotis Pavlou, HR expert and established CIM researcher and lecturer, debates the merits of combining theory and practice in academia.  Debates regarding the gap that exists between academic theories and real business practices have been at the centre of attention in both academia and the industry. Why? Simply because collaboration based on the right foundations

As already suggested in my last contribution to the Bulletin, the importance of the maritime industry in Cyprus is paramount. The Cyprus registry ranks today in the eleventh place worldwide (and third in the EU) while 20% of the world fleet is operated by firms located in Cyprus. Nevertheless, and despite its large contribution to the economy, we

Thinking up of starting a business on your own and debating whether to set up as a company or choose to be self-employed? Tax expert Marios Timinis explains the differences between the two routes An individual can commence trading either as a self-employed or by forming an own-managed Company. There are several factors to be considered before

In his first of a series of contributions on the maritime industry in Cyprus, Dr Nektarios Michail gives a brief overview of the Shipping industry in Cyprus today  Cyprus has always been an active player in the world’s maritime scene. Its strategic geographical location, at the crossroads of three continents (Europe, Asia, Africa), the legal system based

Industry Performance, Challenges and Opportunities for Future Expansion Myria Kkali considers the performance, challenges, and opportunities for expansion of Cyprus’s tourism indusry. The tourism sector continuously proves to be one of the most important pillars of the Cyprus economy. Efforts to promote Cyprus as a holiday destination, intensified in recent years by all stakeholders, have been

Retail expert Fanos Tekelas considers the ups – and many downs – of the retail sector in Cyprus The retail sector is one of the most important clusters of the Cypriot economy, representing 27.4% of Cyprus’s GDP. While the retail market in Cyprus was growing slowly but surely over the years, this incremental growth was sharply halted

A brief overview of the economy, its strenghts, opportunities, and challenges. By Glafkos Mavros With the exception of the banking sector, the Finance Minister has good reasons to be satisfied with the current economic developments. Following dramatic and unprecedentedly difficult conditions in the last three years – which saw a cumulative reduction of 10.5% in GDP