THURSDAY, 18 JUL 2019

 

CONNECT

Facebook Linked In Twitter
Cytavision_Superpack_10/07-28/07_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Nicos Anastasiades Congratulates Ursula von der Leyen

Christine Lagarde Resigns as Head of IMF

IMH LTD
GAP_Group_2019_468x60px

BUSINESS

brought to you by Deloitte

Invest Cyprus Holds Business Lunch in Tokyo

Invest Cyprus Holds Business Lunch in Tokyo

The Cyprus Investment Promotion Agency (Invest Cyprus) held a business lunch in Tokyo on Monday, 13 May 2019, in the presence of the Shipping Deputy Minister to the President, Natasa Pilides and representatives of Cypriot professional services companies. 

This initiative is part of the Agency’s mission to promote Cyprus as an investment destination and business centre, and within the context of the key priorities set to systematically target and penetrate new promising markets, such as Southeast Asia and the Far East.

Senior executives from some of the largest Japanese firms attended the lunch and were informed about the advantages Cyprus offers for headquartering, such as access to the EU market and the nearby region, an attractive tax system, low operational costs, high-quality services and a high quality of life.

Addressing the lunch, the Shipping Deputy Minister, Natasa Pilides, referred to the long-standing close relations between the two countries, highlighting that they have been upgraded to a large extent in the last years. The recent opening of the Japanese Embassy in Cyprus and the impending opening of the Cypriot embassy in Tokyo are testament to the mutual commitment to strengthen and further deepen the bilateral relations between the two countries.

The Director General of Invest Cyprus, George Campanellas, presented the country’s advantages as an investment destination, highlighting the positive outlook of the Cypriot economy as well as the dynamic growth of both traditionally strong sectors such as tourism and shipping as well as new emerging sectors, such as investment funds and technology. Special emphasis was placed on presenting the prospects of the energy market, while attendees showed interest both in renewable energy projects and the hydrocarbon explorations in the Cypriot EEZ and the wider Eastern Mediterranean region.                 

A panel discussion, coordinated by Nicolas Theocharides, board member of Invest Cyprus, focused on Cyprus’ prospects as an alternative European base for Asian companies, highlighting both general tax incentives and sectoral incentives, particularly in the shipping, investment funds, and in the IP regime areas. Speakers included representatives of professional service providers such as K. Treppides & Co Ltd, KPMG Cyprus and PwC Cyprus. Furthermore, the Cypriot business environment was presented in detail in private meetings with potential investors, during which investment opportunities in a wide range of sectors were highlighted.

Invest Cyprus has placed the Southeast Asian and the Far-East markets high on its list of priorities, as they have enormous potential, even though they have not been adequately explored until now. To this end, Invest Cyprus is planning a series of initiatives to target these markets in the immediate future.

MORE ON BUSINESS

The Cyprus Legal Conference: What Does the Future Hold for Lawyers?

What does the future of Law firms look like? Will there be wig-wearing robots advocating ...

The 3rd Project Management Conference

Project Management Institute (PMI) Cyprus Chapter organizes for the 3rd consecutive year ...

The EC Launches the Awareness Campaign ‘YOU’RE RIGHT’ (#YourEURight) on Consumer Rights

DG Just (The Commission's Directorate-General for Justice and Consumers is ...

FROM AROUND GOLDNEWS

   

Expenditure for Environmental Protection Activities in Industry In 2017 Shows Increase

Expenditure for environmental protection activities in industry in 2017 recorded an increase compared to 2016, the Cyprus News Agency reports. On the basis ...
   

Limassol Boat Show 2020

The sixth edition of the largest boat show in Cyprus and the Eastern Mediterranean region will be proudly hosted at Limassol Marina from 7th to 10th May 2020. ...
   

Ursula von der Leyen Elected First Female European Commission President

German minister wins narrow backing of MEPs to succeed Jean-Claude Juncker, The Guardian reports. Ursula von der Leyen has been confirmed as the European ...
   

Christine Lagarde Resigns as Head of IMF

Christine Lagarde has said she will step down as managing director of the International Monetary Fund (IMF), the BBC reports. It comes ahead of a decision ...
   

Pound Hits Two-Year Low as City Fears of No-Deal Brexit Intensify

Sterling falls by a cent against dollar after Tory leadership candidates’ backstop remarks, The Guardian reports. The pound has fallen to its lowest ...
   

Sir Philip Green's Arcadia Rescue Plan Faces US Legal Challenge

Topshop owner’s plans threatened by legal action from New York property group, The guardian reports. Sir Philip Green’s rescue restructure of ...
   

Shipping Deputy Minister and Shipping Chamber President Discuss Ways of Enhancing Cooperation

The recently elected President of the Cyprus Shipping Chamber, Philippos Philis had an official courtesy meeting with the Shipping Deputy Minister, Natasa ...
   

Credit Risk Management, SMEs and Family Firms

Professor Panikkos Poutziouris, Rector and Professor in Entrepreneurship and Family Business at UCLan Cyprus will be one of the speakers in the upcoming ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Limassol_Economic_19/06-18/10_300x250px
Gold_Issue_300x250px

IMH LTD