House committee sounds alarm over higher port fees
The managing companies at the Limassol port came under fire once again on Tuesday from MPs concerned that higher charges will lead to inflation. “We...
business
Christmas business down 50-65 per cent at recreation centres
Business at leisure and recreations centres were down between 50 and 65 per cent over the holiday weekend, the association of recreation centres (Osika) said...
EU approves €1bn Cypriot scheme to support business and self-employed
The European Commission has approved a €1billion Cypriot scheme to support enterprises and self-employed individuals in the context of the coronavirus outbreak. The scheme was...
Ayia Napa business closed down for operating without a license
Famagusta district court ordered the temporary closure of an Ayia Napa business that was operating without the relevant license from the deputy ministry of tourism...
Cyprus down three places in IMD world competitiveness ranking
Cyprus ranks in 33rd place on the 2021 IMD World Competitiveness Ranking index, moving down three places compared with 2020. According to the Economics Research...
€700,000 in grants to boost businesses along Green Line
A total of €700,000 in grants were presented on Friday by Interior Minister Nicos Nouris and Nicosia Mayor Constantinos Yiorkadjis to 18 private companies operating...
House approves law for tax breaks for landlords renting to businesses
Parliament on Thursday passed two items of legislation granting tax breaks to landlords who voluntarily reduce their rents to businesses financially stricken by the coronavirus-related...
State payments to businesses begin
The government has started making payments to some 30,000 businesses and the self-employed as part of a state assistance scheme for direct cash grants to...
Have you done your home work?
Aspirations, blessings and curses of working remotely By Dimis Michaelides One of the most significant ways the Covid pandemic impacted work has been to get...
Pilides says Cypriot industry stable
Cypriot industry is a stable pillar of the economy, said the energy and commerce minister Natasa Pilides on Friday after a meeting with prominent industrialists...
