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571. EY Cyprus sponsors 3rd Anti-Fraud Conference

EY Cyprus has, once again, sponsored and participated in the 3rd Cyprus Anti-Fraud Conference, which was organised by IMH and the Cyprus Chapter of the Association of Certified Fraud Examiners (ACFE). The event was held online on Tuesday 15th December...

572. COVID-19 to disrupt holiday shopping plans

573. EAC crucial to Cyprus' energy reform, energy minister says

The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019. ...

574. Network resilience in a post-pandemic world

While telcos have largely risen to the challenge of withstanding a surge in network demand during the COVID-19 pandemic, pressure to maintain infrastructure resilience and expand reach emerges as the most pressing sector challenge...

575. Over 200,000 tonnes of plastic leaking into the Mediterranean each year

A new IUCN (International Union for Conservation of Nature) report finds that an estimated 229,000 tonnes of plastic is leaking into the Mediterranean Sea every year, equivalent to over 500 shipping containers each day. Unless significant measures are taken to address mismanaged waste, the main source of the leakage, this will at least double by 2040. ...

576. 5G wars over Cyprus rage on

The Chinese Embassy in Cyprus accused Washington over the weekend of “openly coercing” Nicosia and other allies into keeping out Chinese companies in setting up 5G networks...

577. Flu vaccine stocks at pharmacies dry

Private pharmacies’ stocks of flu vaccines have run completely dry as a result of a widespread sense of panic as a result of the coronavirus pandemic, head of the Pancyprian Pharmaceutical Association Eleni Piera said Wednesday....

578. Megatrends that will shape the future

EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...

579. EU set to sanction Turkey over ships in disputed East Med exploration area

The European Union is preparing sanctions against Turkey that could be discussed at the bloc's next summit on September 24 in response to the Eastern Mediterranean dispute with Greece, the EU’s top diplomat said on Friday. ...

580. Adoption of new trends accelerating after pandemic

The acceleration of consumer trends and behaviour that was already underway prior to the COVID-19 outbreak has taken another leap forward and will spark consumer-facing companies and retailers to reinvent the way they do business, according to a new PwC report...

581. Cyprus readies launch of 5G bid

The Republic of Cyprus is moving forward with opening a public bid for the country’s 5G network, with permits expected to be approved before the year is out...

582. Law for provision of vouchers for cancelled flights illegal, Consumers Association says

The Cyprus Consumers Association said Thursday that the new law passed by the Cyprus government for the provision of vouchers as reimbursement for flights cancelled amid the coronavirus outbreak is illegal, as consumers are entitled to a full cash refund....

583. Wars over imported damaged vehicles

Transport ministry officials are getting serious pushback from groups opposing a new guideline that would require car damage history to be disclosed to prospective buyers of used vehicles...

584. House passes bills mitigating pandemic repercussions

The House on Friday approved a wide array of bills, passing into law a wide array of bills seeking to keep Cyprus afloat as it is making its way through the first wave of the coronavirus pandemic....

585. Pressure mounting on T/C leadership to reopen checkpoints

Several Turkish Cypriot groups are stepping up pressure toward the leadership in the north to reopen checkpoints as soon as possible, given that the coronavirus pandemic appears to be fully recovering on both sides of the divide....

586. Cyprus begins to emerge from lockdown

Economic activity in Cyprus was set to resume on Monday during an initial phase of easing coronavirus lockdown measures, but business is not as usual as the president of the Republic is calling on citizens to behave responsibly...

587. More Cypriots ditch cash during pandemic

Cypriot consumers are increasingly turning to debit and credit cards as opposed to traditional cash payments for their daily needs amid the coronavirus pandemic, data by JCC payments systems show ...

588. Expert tells shoppers 'no need for testing'

A local health expert tells consumers there is no need to rush and get tested if they shopped at a supermarket where an employee tested positive for the coronavirus...

589. Corporate Social Responsibility and Corporates’ response to COVID19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

590. Economic sentiment deteriorates in March reflecting COVID-19 pandemic initial impact

591. Cap on purchases of antiseptic products enforced by several supermarkets

The Cyprus supermarket association said on Monday it was scrambling to persuade all supermarkets to enforce a cap on the amount of antiseptic products that may be purchased by each consumer in a bid to prevent the impending depletion of stocks....

592. Coronavirus thrusts Cyprus into consumerist frenzy

The coronavirus outbreak has brought on a widespread consumerist frenzy across the island. Market research by Kathimerini found that retailers saw a skyrocketing of sales to the tune of over 400% compared to the corresponding period last year, even surpassing sales during the Christmas period....

593. Cyprus wakes up to more coronavirus cases

More cases in Cyprus were confirmed with the novel coronavirus on Thursday, while new guidelines have been issued on both sides of the divided island...

594. Government to step in with financial injections

The Finance Minister is expected to announce a bundle of support measures for companies, consumers, and workers affected by the coronavirus outbreak on the island....

595. Food products imported from China safe for consumers

Scientific evidence obtained so far from European bodies and the WHO show that food products imported from China do not pose a health risk to EU citizens and by extension Cypriot consumers....

596. Economic sentiment in Cyprus falls in February due to weaker business confidence in services

In February 2020, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) decreased by 0.7 points compared with January 2020....

597. Banks must find new profitable products, CBC Governor says

The task of securing alternative profitable products besides lending is the biggest challenge for banks in small countries such as Cyprus, Central Bank Governor Constantinos Herodotou said on Friday....

598. Digital transformation of health services is indispensable

599. Fuel targets rehash gas price debate

Consumers are crying foul over rising gas prices at the pump, with some resorting to crossing the checkpoints to fill up in the north as the government draws criticism for failing to meet EU energy goals...

600. Businesses must address digital fatigue and consumer privacy