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
BOC: First quarter of 2023 yields €95 million in profit Impressive Return on Tangible Equity (ROTE) reaches 21.3% for Q1 16/05/2023 | BUSINESS
Rights violations raise concerns amid sanctions The Pancyprian Bar Association highlights infringements amidst recent sanctions Newsroom / CNA 15/05/2023 | BUSINESS
USA: AI chatbots may deepen loneliness crisis The rise of AI-driven services poses risks and benefits in combating loneliness 15/05/2023 | BUSINESS
Powering Europe through Cyprus Israeli PM Benjamin Netanyahu discusses major energy collaboration with Cyprus to supply Europe with natural gas via new ... Source: CNA 15/05/2023 | BUSINESS
Unions and employers sign new transitional agreement on CoLA Increased CoLA allowance of 66.7% to apply from June 2023, leading to dialogue for comprehensive permanent agreement by ... Source: CNA 15/05/2023 | BUSINESS
Alphamega revolutionizes shopping with 'Click & Collect' Convenience at your fingertips: order, collect, and embrace the future of grocery shopping 15/05/2023 | BUSINESS
Cyprus Chambers call for bilateral improvement of Green Line trade CCCI and KTTO urge Greek Cypriot and Turkish Cypriot leaders to support efforts for economic cooperation and enhanced relations ... Source: CNA 12/05/2023 | BUSINESS
Three of four unions accept Labour Minister's improved CoLA proposal PEO to decide on Friday Apostolos Tomaras 12/05/2023 | BUSINESS
Sales of halloumi are increasing An 8% increase was recorded in exports in 2022 and 34% in January of this year, while domestic demand remains steady despite ... Maria Eracleous 10/05/2023 | BUSINESS
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