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
Upcoming parking charges at Mall of Cyprus and IKEA Changes ahead as paid parking set to begin at popular retail destinations Newsroom 08/08/2023 | BUSINESS
CBC: Bounced checks decline continue to decline Fluctuations in dishonored check issuance highlight ongoing trends Newsroom / CNA 08/08/2023 | BUSINESS
Barbie smashes box office records by crossing $1 billion mark Greta Gerwig's blockbuster film surpasses all expectations and becomes a billion-dollar sensation 07/08/2023 | BUSINESS
Cyprus hotels expect August rebound, 85%-90% occupancy forecasted Positive signs for domestic tourism and satisfactory outlook for September, despite connectivity challenges Source: CNA 07/08/2023 | BUSINESS
Cyprus approves €35M plan for high-speed internet in rural areas EU-funded project to bridge connectivity gaps and boost broadband access Source: CNA 07/08/2023 | BUSINESS
Pfizer's value sinks $144B on COVID changes Vaccine success fails to keep company's value afloat 07/08/2023 | BUSINESS
Ahoy Ayia Napa! Rhapsody of the Seas unleashes 3,000 tourists Royal Caribbean cruise ship welcomed by officials and thrilled tourists, more ships expected to follow Source: CNA 03/08/2023 | BUSINESS
Corporate loans above €1 million surge ECB's rate hikes and construction costs impact lending Newsroom 03/08/2023 | BUSINESS
Eurobank Cyprus reports soaring profits amid rising interest rates Net profits surge by 144%, cost-to-income ratio improves, and bank focuses on customer-centric approach and wealth management ... Source: CNA 02/08/2023 | BUSINESS
Should you sell your family business? Selling opportunities in Cyprus' economic climate 02/08/2023 | BUSINESS
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