Friday, 7 December 2018

Limassol Chamber Business Barometer - Positive Signals

There are positive signs emanating from the Autumn 2018 edition of the Limassol Chamber Business Barometer, where the deadline for members’ participation expired at end-November.

The Barometer's findings, which are currently under detailed elaboration, shows, among others, the following:

- Positive outlook for the employment sector: 57% will recruit staff in the immediate future.

- Positive news for investment: 59% say they are quite or very satisfied with the investments made in the last year and 60% plan new investments for the next quarter.

When it comes to the problems faced by enterprises, in a prominent position are again the shortages of skilled labor, while cooperation with government departments is also seen as problematic.

The main demand for improvement in business prospects is the reduction /abolition of the defense contribution on dividends. More detailed reference to the findings of Business Barometer (Autumn 2018) will be made in the next edition of "Entrepreneurial Limassol".

LIMASSOL CHAMBER OF COMMERCE AND INDUSTRY

170 Franklin Roosevelt, 3045 Lemesos | Cyprus

Tel. : +35725855000 | Fax : +35725661655 | Email : info@limassolchamber.eu

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