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1021. 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...

1022. Private Paphos hospital halts admissions after rapid tests emerge positive

A routine rapid test for coronavirus conducted at the Blue Cross Medical Centre in Paphos for preventative reasons emerged positive for one patient and two members of staff, with the hospital undergoing disinfection and halting patient admissions....

1023. PwC: We support our people, clients and the society

1024. Cyprus follows through with charter flights

Cypriots stranded in the UK will be repatriated with two chartered flights, after the government revised its decision of asking citizens who traveled abroad to stay put...

1025. State suspends foreclosures for 3 months, requests 10% reduction in electricity fees

The government on Wednesday agreed to request from the Cyprus energy regulatory authority a 10% cut on electricity usage charges for a period of three months, in view of providing some breathing space as the island traverses the Covid-19 health crisis....

1026. Trump declares coronavirus outbreak a national emergency

President Donald Trump said Friday he was declaring a national emergency -- "two very big words" -- to free up $50 billion in federal resources to combat coronavirus, part of a raft of new measures Trump hopes can bring a roiling health crisis under control....

1027. President: Partial lockdown of airports, schools to remain closed until April 10

President Nicos Anastasiades addressed the nation on Friday night after the week saw cumulative confirmations of coronavirus cases across the divide....

1028. Nicosia schools temporarily closed as coronavirus measures stepped up

Schools across the Nicosia district were temporarily suspended on Tuesday, Health Minister Constantinos Ioannou announced. ...

1029. Cyprus preparing for influx of arrivals during Easter

Cyprus authorities are preparing for all possible scenarios in relation to the spread of coronavirus ahead of the Easter holidays next month, when more people are expected to travel. ...

1030. UN police block protesters at Ledra checkpoint

UN police in Cyprus were taking no chances at the Ledra checkpoint on Monday, blocking Turkish Cypriot demonstrators in the north who wanted to bring flowers to Greek Cypriot riot police behind fortified barricades in the south...

1031. Interior Minister in Brussels for meetings with European Commission on migration

Cyprus’ Minister of the Interior Nicos Nouris will be travelling to Brussels on Monday for a series of meetings with the senior leadership of the European Commission to discuss migration....

1032. Cyprus' debt at €20.74 billion in end of 2019

1033. Cyprus and Norway prepare to sign energy MoU

Cyprus and Norway began preparations on Friday to sign a Memorandum of Understanding (MoU) on energy issues, that will contain provisions for the exchange of expertise in relation to the national hydrocarbon fund (sovereign fund), among other things....

1034. Bank of Cyprus 'Best Bank for Private Banking'

Bank of Cyprus has been named as the “Best Bank for Private Banking” in Cyprus by the internationally reputable magazine “Euromoney”, for the 5th consecutive year...

1035. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

1036. 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....

1037. Health Minister travels to Brussels for extraordinary EU coronavirus meeting

Amid growing concerns over coronavirus, Health Minister Constantinos Ioannou will be rushing to Brussels on Wednesday after the European Union called for an emergency meeting of EU Health Ministers on Thursday....

1038. Greek position on EU migration pact

Greece’s position regarding the future of the migration and asylum pact that the European Commission is expected to table in the coming months rests on three fundamental principles: a European solution to a European challenge, a fair system that will stand the test of time, and the preservation of the European Union’s core values as enshrined in the EU Treaty....

1039. 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...

1040. Health Ministry geared up against coronavirus

Health Ministry officials are fully prepared to implement a coronavirus management protocol that has been drawn up, should the virus affect the local population, Health Minister Constantinos Ioannou said on Monday....

1041. Deadly earthquake jolts eastern Turkey

A powerful earthquake struck eastern Turkey on Friday, killing at least 20 people and collapsing buildings in affected towns near the center of the tremor, which was strong enough to be felt in several neighboring countries...

1042. How Russian uncapitalism works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

1043. Digital transformation of health services is indispensable

1044. GCC achieves high Customer Satisfaction

1045. Berengaria sees hope on the horizon

Local media reported on Thursday that investors have been found for a potential revival of the historic Berengaria, with rumours pointing to renovation plans for the abandoned property in the Troodos Mountains...

1046. Peace water on hold after weather incident

Turkish Cypriot officials say it will take two months to restore a submerged water pipeline from Turkey, following an incident due to severe weather...

1047. Family businesses should trust next generation leaders

1048. PwC Cyprus places the well-being of its staff at the centre of its activities

PwC Cyprus adopted the ground-breaking programme "Be Well, Work Well", which is part of the organisation's new global approach to well-being...

1049. EY announces new solutions for the energy industry

EY announces new innovative digital solutions for the energy industry built on Microsoft Azure...

1050. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....