https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm
The uncertainty and the intense upheavals in the global supply chain continue....
https://knews.kathimerini.com.cy/en/business/antoniou-expect-price-hikes-in-consumer-goods-by-month-s-end
In a recent interview with Diaspora News, Marios Antoniou, the General Secretary of the Pancyprian Retail Trade Association, delved into the challenges emerging from the Red Sea crisis....
https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....
https://knews.kathimerini.com.cy/en/life/are-you-ready-for-the-most-paradoxical-chocolate-experience
2024 kicks off in the most delicious and paradoxical way! Inspired Family Fun and Paradox Museum Limassol invite you to discover the magic of chocolate during 'The Chocolate Show' on January 26th, 27th, and 28th, 2024, at Trakasol Cultural Centre....
https://knews.kathimerini.com.cy/en/news/allegations-of-bank-interference-surrounding-reshuffle-speculations
In the midst of last week's political reshuffle speculations, with Irene Piki, the current Deputy Minister to the President, being touted as the likely successor to the Finance Ministry, a new leak from the President's office raised eyebrows...
https://knews.kathimerini.com.cy/en/business/home-building-costs-up-by-20-insights-for-buyers
Geopolitical developments, marked by conflicts in Ukraine and Gaza, have led to a notable surge in house prices, revealing a 20% increase in construction costs since 2019,...
https://knews.kathimerini.com.cy/en/news/78-of-gyms-in-cyprus-operate-illegally-posing-risks-to-consumers
In a startling revelation, the Pan-Cyprian Association of Gym Owners (PASIGY) disclosed in a press conference on Tuesday that a staggering 78% of private gyms in Cyprus are operating without the necessary licenses....
https://knews.kathimerini.com.cy/en/news/south-korea-bans-dog-meat-landmark-legislation-ends-centuries-old-practice
South Korea's parliament passed a bill on Tuesday to ban the eating and selling of dog meat, a move that will end the controversial centuries-old practice amid growing support for animal welfare....
https://knews.kathimerini.com.cy/en/news/cyprus-and-uk-businesses-join-forces-in-new-strategic-partnership
The Cyprus Organization for Standardization and the Great Britain-Cyprus Business Association (GBCY) have announced a new strategic collaboration....
https://knews.kathimerini.com.cy/en/business/79-jump-in-consumer-complaints-this-year
In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....
https://knews.kathimerini.com.cy/en/news/greece-rolls-out-climate-resilience-levy-to-fund-post-disaster-reconstruction
In an effort to finance reconstruction projects following severe forest fires and floods, the Greek government has introduced a new accommodation tax, referred to as the 'climate resilience levy.'...
https://knews.kathimerini.com.cy/en/news/guinness-recognizes-oldest-person-to-conquer-grand-canyon-on-foot
In a testament to the adage that age is just a number, 92-year-old Alfredo Aliaga Burdio has etched his name into the annals of adventure by becoming the oldest person to conquer the Grand Canyon rim-to-rim on foot....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-targets-green-initiatives-and-economic-revitalization
By March 2024, the initial six phases of the tax transformation project commissioned by the Ministry of Finance to the Centre for Economic Research of the University of Cyprus will conclude,...
https://knews.kathimerini.com.cy/en/business/cifa-projects-optimistic-2024-for-cyprus-investment-funds-amid-challenges
The Cyprus Investment Funds Association (CIFA) has expressed optimism for the Investment Funds sector in Cyprus in 2024, projecting another positive year despite existing challenges and uncertainties, according to a press release.
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https://knews.kathimerini.com.cy/en/news/mount-athos-monasteries-oppose-u-s-archbishop-s-visit
In a formal letter addressed to Ecumenical Patriarch Bartholomew, all the monasteries of Mount Athos expressed their opposition to a planned visit by Archbishop Elpidophoros of America during the third ten days of January....
https://knews.kathimerini.com.cy/en/news/halloumi-exports-drop-by-10-amid-ongoing-dairy-industry-crisis
With a request to lift the decree 332/2023 of October 20th, for an increase in the percentage of goat-sheep milk to 19%, the cheesemakers are going to the Presidential Palace......
https://knews.kathimerini.com.cy/en/news/politico-newly-unsealed-epstein-documents-offer-few-insights-into-high-profile-associates
Newly unsealed court papers related to Jeffrey Epstein include the names of a handful of famous men whose associations with the late sex offender were previously known, but the documents provide few new disclosures about the nature of their relationships....
https://knews.kathimerini.com.cy/en/news/president-announces-imminent-cabinet-reshuffle-within-18-months
A Cabinet reshuffle will take place before the completion of 18 months of governance, President Nikos Christodoulides said in an interview on Sunday with the newspaper "Phileleftheros", noting that decisions will be taken on the basis of his own assessment and the messages he receives from the society....
https://knews.kathimerini.com.cy/en/news/can-germany-s-silvester-celebration-outshine-ordinary-new-year-s-eve
As the clock ticks towards New Year's Eve, delve into the cultural tapestry of Germany's Silvester celebration. ...
https://knews.kathimerini.com.cy/en/news/hotel-occupancy-rates-at-30-40-in-december
The average occupancy rates in December, the predominantly festive month, in hotels and accommodation units, is expected to range around 35% to 40%, ...
https://knews.kathimerini.com.cy/en/business/greek-owned-tanker-broadcasts-ais-message-to-avoid-houthi-targeting
In a bid to avoid being targeted by Houthi militants, a Greek-owned tanker, which recently set sail from Russia, has taken an unusual step by broadcasting a message over the Automatic Identification System (AIS) to disassociate itself from Israel....
https://knews.kathimerini.com.cy/en/news/cypriots-opt-for-overseas-new-year-celebrations
Many Cypriots are traveling abroad this year for the New Year, choosing as destinations mostly Greece and the United Kingdom, but also Central European countries, the President of the Association of Travel Agents (ACTA) Haris Papacharalambous has told CNA....
https://knews.kathimerini.com.cy/en/business/christmas-shopping-sees-supermarket-surge-clothing-decline
Christmas shopping in Cyprus saw contrasting results, with supermarkets experiencing a better turnout compared to the previous year, while clothing and footwear shops faced a decline, except for children's gifts....
https://knews.kathimerini.com.cy/en/business/as-2023-ends-banks-and-unions-lock-horns-on-pay-structures
The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-hosts-informative-cesop-event-on-new-vat-reporting-obligation
PwC Cyprus successfully organized a pivotal event entitled ''A New Reporting Obligation on VAT'' at its state-of-the-art experience centre on Monday, 18 December 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-cheese-industry-shuts-down-amid-regulatory-dispute
The Cyprus Cheesemakers Association has made a unanimous decision to shutter all cheese dairies starting January 10, 2024, following a protracted disagreement with government authorities over regulatory changes....
https://knews.kathimerini.com.cy/en/news/minister-upset-as-staff-gaps-widen
In its 2023 Employment and Social Developments in Europe (ESDE) report, the European Commission identifies major shortages in construction, healthcare, science, technology, and STEM (Science, Technology, Engineering, and Mathematics) occupations, spanning high, medium, and low-skilled roles...
https://knews.kathimerini.com.cy/en/news/how-much-will-christmas-dinner-cost-this-year
The Pancyprian Consumers Association has conducted a comprehensive survey, uncovering the estimated costs of Christmas tables for families in Nicosia....
https://knews.kathimerini.com.cy/en/news/divisions-in-cyprus-amplify-fact-checking-challenges
Cyprus, an ethnically divided island in the Mediterranean, is like any other nation: It’s been hit by a wave of misinformation, and residents are trying to keep up....
https://knews.kathimerini.com.cy/en/news/the-big-decision-minister-s-plan-for-wage-boost
In a recent Labour Advisory Body session, Minister Yiannis Panayiotou remained tight-lipped about the upcoming announcement on the national minimum wage....
