BANKS Banks agree: Employees to get €4,500 in bonuses, salary hikes and expanded loans Panayiotis Rougalas Cyprus’ bank staff are looking at a festive season with some serious perks on the horizon. After weeks of negotiations, banks and the union ETYK have reached a final agreement on a new collective contract covering 2023–2027. READ MORE
Greek-owned tanker broadcasts AIS message to avoid Houthi targeting Vessel broadcasts message disassociating from Israel as tensions rise in key maritime strait. Newsroom 28/12/2023 | BUSINESS
Cyprus implements protective measures for ships amid Houthi attacks Deputy Ministry of Shipping acts to safeguard Cypriot vessels, addressing global trade disruptions Newsroom / CNA 27/12/2023 | BUSINESS
Landlords urged to be reasonable when pricing rentals Warning of risks, council calls for a return to reason to avoid market 'overheating' Maria Eracleous 27/12/2023 | BUSINESS
Christmas shopping sees supermarket surge, clothing decline Supermarkets report increased turnout and stable prices, while clothing and footwear sectors face challenges. Newsroom 27/12/2023 | BUSINESS
As 2023 ends, banks and unions lock horns on pay structures Unions and banks at odds over performance-based pay amidst profitable yet uncertain times Panayiotis Rougalas 27/12/2023 | BUSINESS
Cyprus and China strengthen ties with new export agreements Protocols to expand export of fishery and farming products, and honey from Cyprus to China Newsroom 22/12/2023 | BUSINESS
Cyprus linked to Magnitsky case through luxury hotel investment Cyprus implicated in luxury hotel investment linked to notorious Russian tax fraud case Newsroom 20/12/2023 | BUSINESS
Bank of Cyprus expands with €58M loan acquisition KEPIDES sells loan portfolio to BOC Newsroom 20/12/2023 | BUSINESS
PwC Cyprus recognized for leading the way in ''gender equality'' PwC Cyprus receives prestigious 'Gender Equality' certification renewal Newsroom 20/12/2023 | BUSINESS
Businesses to cut greenhouse gas targets by 10% Businesses extend climate goals to 2050, signaling major setback Newsroom 20/12/2023 | BUSINESS
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