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841. Emirates SkyCargo expands network to Larnaca

Apart from Larnaca, the new cities added to the air cargo carrier’s network include Accra, Algiers, Athens, Fort Lauderdale, Glasgow, Los Angeles, Male, Moscow (SVO), Phnom Penh, Rome, Santiago, Sialkot and Tunis....

842. 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....

843. 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...

844. FinMin delves into details of 'new, more targeted measures'

Finance Minister Constantinos Petrides held a press conference on Thursday to delve into the details of the new bundle of economic support measures announced by President Nicos Anastasiades in a televised national address Wednesday night....

845. 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....

846. 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....

847. Eurozone set for record recession, EU Commission warns

The eurozone economy will contract by a record 7.7 percent this year because of the Covid-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday....

848. 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...

849. 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 ...

850. Effects of COVID-19 on businesses, wider economy

The results of the PwC Cyprus Pulse Survey on the effects of COVID-19 on businesses and the wider economy, which was conducted with the participation of 45 CFOs from Cyprus, were made public today...

851. 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...

852. Government revising price cap on antiseptics, masks

The government announced on Monday that it was revising the price cap it placed last month on antiseptics and surgical masks, as growing international demand is constantly bringing price fluctuations resulting in local shortages....

853. Over 23,000 applications filed for suspension of loan payments

More than 23,000 persons have applied to the island’s two largest banks for a suspension of loan repayments, as retail borrowers and companies are trying to preserve disposable income amid the economic activity shutdown due to the coronavirus pandemic....

854. 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...

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

856. 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....

857. 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....

858. 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...

859. 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....

860. CEOs: Drop in Optimism and Reversal of Sentiment

861. 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....

862. 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....

863. EAC vows to credit back overcharges

An undisclosed number of property owners in the Republic Cyprus were overcharged on their electricity bills in recent months, with the Cyprus Electricity Authority vowing to right a wrong in future billings...

864. 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....

865. European Commission to stamp out illegal pet trade

The European Commission will boost efforts to stamp out the illegal trade in pets, particularly cats and dogs, in the EU, the Commissioner for Health and Food Safety, Stella Kyriakides said....

866. Insurers need profound transformation and the right talent

As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...

867. Flamingo deaths raise alarm in Cyprus

Over a dozen flamingos were found dead at Aliki salt lake in Larnaca, with officials playing down the incident while members of the Green party are calling for an investigation...

868. Digital transformation of health services is indispensable

869. 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...

870. Businesses must address digital fatigue and consumer privacy