TOURISM Nine countries ease travel advisories while officials weigh new support for struggling hotels. Photo credit: booking.com Cyprus tourism slumps as British demand drops and bookings fall 60% Dorita Yiannakou The main source of tourism for Cyprus is weakening this year. British travelers, who make up the country’s largest tourism market, are showing hesitation and caution because of geopolitical instability in the Eastern Mediterranean. READ MORE
Zuckerberg apologises for Facebook mistakes He promised tougher steps to restrict developers’ access to user information Source: Reuters 22/03/2018 | BUSINESS
Limassol first to open casino Construction against the clock for temporary venue in summer 2018 Newsroom 21/03/2018 | BUSINESS
Cobalt launches Athens-London route The new Athens service will be the second London Gatwick route for the carrier Newsroom 21/03/2018 | BUSINESS
Co-op Bank en route to healthy future Cyprus cooperative bank ready to move forward without massive NPL problem Newsroom 21/03/2018 | BUSINESS
Cyprus records €0.4 billion negative trade balance Total imports in Cyprus amounted to 0.6 billion euro a -2% decrease Newsroom / CNA 20/03/2018 | BUSINESS
Cooperative Bank looking to attract investors The bank’s aim is to to select a potential investor before the summer Newsroom / CNA 19/03/2018 | BUSINESS
UK home-sellers raise prices by most since 2007 British home-sellers raised their asking price by 1.5 percent in March Source: Reuters 19/03/2018 | BUSINESS
Google makes push to turn product searches into cash In exchange for Google listings and linking to retailer loyalty programs the retailers pay Google a piece of each purchase ... Source: Reuters 19/03/2018 | BUSINESS
Employment increased in last quarter of 2017 Total employment in the 4th quarter increased 3.2% compared to the corresponding quarter in 2016 Source: CNA 14/03/2018 | BUSINESS
Company registrations in Cyprus up 25% Applications for the registration of companies reached 1,207 in February Source: CNA 14/03/2018 | BUSINESS