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12° Nicosia,
28 March, 2024
 

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Displaying results 1-30 of 344 matches for query corporate.

1. Business loans drop, home loans steady

https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady

The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....

2. Winter 2024 brings 17% boost in energy production

https://knews.kathimerini.com.cy/en/news/winter-2024-brings-17-boost-in-energy-production

Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......

3. ''Responsible today, sustainable tomorrow'': Lidl Cyprus with an eye on Cyprus of the future

https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future

An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...

4. US Justice Department sues Apple for its smartphone monopoly

https://knews.kathimerini.com.cy/en/news/us-justice-department-sues-apple-for-its-smartphone-monopoly

The Justice Department has filed a wide-ranging antitrust lawsuit against tech giant Apple, alleging the company has established an illegal monopoly in the smartphone market,...

5. Israeli tax authorities probe Israeli investor activities in Cyprus

https://knews.kathimerini.com.cy/en/business/israeli-tax-authorities-probe-israeli-investor-activities-in-cyprus

Israeli tax authorities are investigating the extensive business activities of Israeli investors in Cyprus, as revealed by Shai Aharonovich, head of Israel's Tax Department, in a report by leading financial newspaper, Globes....

6. Cyprus: A familiar economic space for Greece

https://knews.kathimerini.com.cy/en/news/cyprus-a-familiar-economic-space-for-greece

In an interview conducted by Kathimerini reporter Panayiotis Rougalas, Greece's Central Bank Governor, Mr. Yiannis Stournaras, sheds light on various aspects of the country's monetary policy and economic landscape....

7. XM invests in ARIS for future entrepreneurs

https://knews.kathimerini.com.cy/en/business/xm-invests-in-aris-for-future-entrepreneurs

XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....

8. What role do banks ultimately play?

https://knews.kathimerini.com.cy/en/comment/opinion/what-role-do-banks-ultimately-play

Are banks merely financial entities providing a range of services to the public and businesses, solely driven by profit for shareholders? Banks serve as the heart of our economic and social systems, ...

9. Bitcoin surpasses $57,000 on ETF boost and corporate investments

https://knews.kathimerini.com.cy/en/business/bitcoin-surpasses-$57-000-on-etf-boost-and-corporate-investments

Bitcoin reached a milestone, surpassing $57,000, driven by increasing demand from exchange-traded funds (ETFs) and corporate investments, notably by MicroStrategy. ...

10. Government now implements preemptive checks on companies

https://knews.kathimerini.com.cy/en/news/government-now-implements-preemptive-checks-on-companies

In a decision announced by Finance Minister Makis Keraunos on Tuesday, the Cabinet approved the establishment of a unified regulatory authority for companies offering administrative services. ...

11. CEOs globally forecast increase in revenues, profits and deal making in 2024, as business transformation moves up the agenda

https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda

CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....

12. Pillar two readiness and technology

https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

13. Cyprus banks push for green standards with ESG certification

https://knews.kathimerini.com.cy/en/news/cyprus-banks-push-for-green-standards-with-esg-certification

Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria. ...

14. SAFE BULKERS Inc launches deck officer training scholarship program

https://knews.kathimerini.com.cy/en/business/safe-bulkers-inc-launches-deck-officer-training-scholarship-program

In a bid to foster interest in maritime professions among young individuals and align with environmental, social, and corporate governance goals, Polly Hatzioannou's company, SAFE BULKERS Inc., has announced the initiation of the Deck Officer Training Scholarship program....

15. Imperio leads Cyprus real estate into green future with first-ever ESG report

https://knews.kathimerini.com.cy/en/news/imperio-leads-cyprus-real-estate-into-green-future-with-first-ever-esg-report

Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....

16. EY seminar explores green tax impact on businesses

https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses

EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus. ...

17. Hellenic Bank posts impressive 2023 profit of €365.4 million

https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million

Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....

18. Leaked documents reveal extent of China's hacking operations

https://knews.kathimerini.com.cy/en/news/leaked-documents-reveal-extent-of-china-s-hacking-operations

A significant data breach has exposed over 570 files and documents related to Chinese hacking activities, shedding light on the scale and effectiveness of China's cyber espionage operations....

19. Cyprus delays 15% multinational tax enforcement

https://knews.kathimerini.com.cy/en/business/cyprus-delays-15-multinational-tax-enforcement

Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....

20. ECOMMBX Teams Up with NBA Sensation Sasha Vezenkov in a Groundbreaking Partnership

https://knews.kathimerini.com.cy/en/business/ecommbx-teams-up-with-nba-sensation-sasha-vezenkov-in-a-groundbreaking-partnership

In an electrifying announcement that has the sports and business worlds abuzz, ECOMMBX is thrilled to unveil NBA star Sasha Vezenkov as its new brand ambassador. This dynamic partnership marks a significant milestone in ECOMMBX's journey, symbolizing an era of unparalleled excitement and growth....

21. Lidl Cyprus invests €450,000 in employee appreciation program

https://knews.kathimerini.com.cy/en/news/lidl-cyprus-invests-€450-000-in-employee-appreciation-program

Lidl Cyprus rewards the collective effort and contribution of its team, by granting additional cash benefits totalling €450,000....

22. Why do employees say 'no' to promotions? Insights from a global study

https://knews.kathimerini.com.cy/en/news/why-do-employees-say-no-to-promotions-insights-from-a-global-study

A significant question arises in modern workplaces: why would an employee decline a promotion when they are entirely content with their current role?...

23. Women In TechⓇ Cyprus launches educational program ''Advocate for Yourself''

https://knews.kathimerini.com.cy/en/business/women-in-techⓇ-cyprus-launches-educational-program-advocate-for-yourself

A partnership between TechIsland and Adsterra...

24. US senators grill social media CEOs over child safety concerns

https://knews.kathimerini.com.cy/en/news/us-senators-grill-social-media-ceos-over-child-safety-concerns

In a heated session on Wednesday, U.S. senators confronted leaders of major social media companies, urging swift legislative action to address escalating threats of sexual predation targeting children on their platforms....

25. Government's €6.6M solar project powers education sustainably

https://knews.kathimerini.com.cy/en/news/government-s-€6-6m-solar-project-powers-education-sustainably

In a significant leap towards sustainability, Cyprus has successfully concluded a €6.6 million project, installing photovoltaic systems in 405 school buildings. ...

26. Businesses fear global tax reform will lead to double taxation

https://knews.kathimerini.com.cy/en/business/businesses-fear-global-tax-reform-will-lead-to-double-taxation

Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....

27. Lidl Cyprus ''Top Employer'' in Cyprus also in 2024

https://knews.kathimerini.com.cy/en/business/lidl-cyprus-top-employer-in-cyprus-also-in-2024

Lidl Cyprus is the Top Employer for the 7th consecutive year in Cyprus and Europe, according to the results of the internationally recognized independent organization Top Employer Institute....

28. Non-performing loans hold steady at €2B amid rising rates

https://knews.kathimerini.com.cy/en/news/1-non-performing-loans-hold-steady-at-€2b-amid-rising-rates

Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....

29. Dr. Anastasatos forecasts bright future for Cyprus economy

https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

30. Cyprus makes the cut in new tax-friendly nations list

https://knews.kathimerini.com.cy/en/news/cyprus-makes-the-cut-in-new-tax-friendly-nations-list

In a recent announcement, the Ministry of Finance shed light on the revised list of countries enjoying preferential tax status under the Independent Authority for Public Revenue of the Hellenic Republic (IAEA)....

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