Insider Business Cyprus named 62nd best country to invest or do business in -...

Cyprus named 62nd best country to invest or do business in – CEOWORLD magazine

Cyprus is the 62nd best country in 2019 to invest or do business in, according to the CEOWORLD Magazine.

The rankings were based on 11 different factors including corruption, freedom (personal, trade, and monetary), workforce, investor protection, infrastructure, taxes, quality of life, red tape, and technological readiness. Each category was equally weighted.

Cyprus had a total score of 50.4. Specifically, it scored 60 in economic stability, 48 in government policies, 81 in skilled labour force, 61 for institutional framework, 66 in education and research, 51 in market potential and 85 in trade openness.

Malaysia was the best country in the world to invest in or do business for 2019, according to CEOWORLD. Poland took silver, followed by Philippines (No. 3), Indonesia (No. 4), and Australia (No. 5).

Top Stories

Emergency meeting regarding mass coronavirus cases detected in football teams to be held at Ministry of Health on Thursday

The Cypriot football scene is officially on alert. Positive coronavirus cases seem to be sprouting left, right, centre and generally multiplying before one can...

Ethnikos Achnas FC: number of now confirmed COVID-19 cases skyrockets to 17

Fears of a sharp increase in positive coronavirus cases in Ethnikos Achnas have been confirmed. As confirmed by an announcement by the team, a total...

Ethnikos Achnas FC: covid cases reportedly now in the double digits – match with Aris Lemesou postponed

Information about several positive cases of coronavirus detected in Ethnikos Achnas FC has been confirmed. The latest information indicates that the second diagnostic test the...

Additional covid measures in Larnaca effective immediate starting Thursday

The Government has announced new local measures concerning the coronavirus pandemic due to the outbreak observed in Larnaca the past few days. The Minister of...

Cyprus President to have teleconferences with EPP and UNSG

Cyprus' President Nikos Anastasiades will participate today at 18:30 hours local time in the deliberations of the Summit of the European People's Party (EPP)...

Taste

Spicy grilled soutzoukakia

Place all ingredients for soutzoukakia in a bowl and mix well, preferably using a food processor, until well combined. Using the mixture, form cigar-shaped...

Souvlakia

Pork souvlaki: Put the meat and all the other ingredients in a bowl (not metal) and mix well. Cover the bowl and keep in...

Pastelli (Carob Toffee)

The nutritional sweet of Pastelli is made with the syrup of carob pods, produced by boiling their pulp until it forms a thick, sticky...

Meatballs with tomato and cumin

Place all meatball ingredients in a bowl and knead well with hands. Keep the mixture in the fridge for approximately 1 hour to thicken. In...