https://knews.kathimerini.com.cy/en/news/chinese-elite-move-billions-abroad-in-economic-shift
In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....
https://knews.kathimerini.com.cy/en/news/ministry-reverts-vat-refund-amount-to-€50
The Ministry of Finance's new circular set to change in 2024, altering the decision that foresaw an increase in the minimum expenditure from €50 to €175. ...
https://knews.kathimerini.com.cy/en/business/makarios-avenue-struggles-to-fulfill-commercial-expectations
Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...
https://knews.kathimerini.com.cy/en/news/urgent-measures-taken-after-a-series-of-fires-on-buses
According to the commitment of the Ministry of Transport and the owners of the 570 immobilized buses, a return to normality is expected early this week....
https://knews.kathimerini.com.cy/en/news/eu-unveils-sweeping-reforms-to-enhance-animal-welfare-standards
In a groundbreaking move, the European Commission has proposed extensive reforms to EU rules on animal welfare during transport, marking the most significant overhaul in recent years....
https://knews.kathimerini.com.cy/en/life/terra-santa-school-embraces-love-and-giving-for-volunteer-day
In the spirit of the season, Larnaca is gearing up for a lively celebration, complete with a temporary traffic cut-off to make way for the joyous festivities....
https://knews.kathimerini.com.cy/en/news/tylliria-s-halitzias-gain-prestigious-recognition
In a noteworthy announcement shared on social media by the European Commission in Cyprus, Tylliria's halitzias have been officially recognized with protected geographical indication (PGI) status....
https://knews.kathimerini.com.cy/en/news/1-zero-vat-on-meat-and-vegetable-from-today
As of December 1, the zero VAT rate on meat and vegetables, categorized under specific customs tariff codes, has come into effect in Cyprus....
https://knews.kathimerini.com.cy/en/news/more-seniors-turning-to-marijuana-to-ease-ailments
As marijuana gains acceptance and legalization across the United States, a growing number of seniors, including Vietnam veteran Bill Martin, are turning to cannabis to address health issues....
https://knews.kathimerini.com.cy/en/news/cyprus-allocates-65m-euros-for-diverse-tourism-initiatives-in-2024
The National Tourism Strategy's update has recently concluded, announced by Deputy Minister Kostas Koumis, known as "K." This undertaking commenced shortly after his assumption of office in March 2023, with an initial target to finalize it by the year's end.
...
https://knews.kathimerini.com.cy/en/news/declines-in-kerosene-and-heating-gasoil-offset-by-surges-in-aviation-fuel-sales
Sales of Cyprus’ petroleum products recorded a 1.3% decline in October 2023, totaling 130,677 tonnes, marking a downturn compared to the same month in 2022....
https://knews.kathimerini.com.cy/en/news/christmas-villages-across-cyprus-sparkle-in-seasonal-grandeur
In a joyous celebration on the evening of November 25, 2023, the Christmas Villages for 2023-2024 were officially launched in Kyperounda....
https://knews.kathimerini.com.cy/en/news/which-meats-will-cost-you-less-with-zero-vat
In a recent interview, Kostas Livadiotis, president of the butcher association, shed light on the upcoming changes in VAT for various meat products....
https://knews.kathimerini.com.cy/en/business/lackluster-sales-show-consumer-hesitation-and-vigilance
From 9 in the morning, several stores opened their doors for Black Friday, primarily in the field of electrical and electronic devices, but the traffic is at low levels and certainly not comparable to previous years....
https://knews.kathimerini.com.cy/en/business/navigating-black-friday-discounts-vs-reality
Discounts of a few euros, or even cents, are being advertised by electronics and appliance companies in anticipation of Black Friday. However, market activity does not seem to meet the expected levels for the Black Friday period, and it is certainly considerably lower compared to the peak observed in 2018 and 2019....
https://knews.kathimerini.com.cy/en/news/the-10-essential-beauty-picks-from-black-friday
As Black Friday approaches, we in the beauty realm advocate for a renewal like never before....
https://knews.kathimerini.com.cy/en/business/consumers-asked-to-roll-with-it-as-toilet-paper-surges-and-fresh-fish-takes-a-dive
In October, the cost of toilet paper surged by 17.4% compared to September, while fresh fish prices experienced a corresponding decrease of 17.4%, as per the Consumer Protection Agency's Consumer Price Watch report. ...
https://knews.kathimerini.com.cy/en/news/mobile-waste-collection-to-hit-larnaca-s-streets-nov-21-24
In a concerted effort to address environmental concerns, the Environmental Department, in partnership with ANEL, is spearheading a project titled "Separate Collection and Management of Hazardous Household Waste."...
https://knews.kathimerini.com.cy/en/news/athens-christmas-cat-show-is-back-in-town
Athens is set to become the epicenter of feline fascination as the highly anticipated cat festival returns to the Peristeri Exhibition Centre on December 2nd and 3rd....
https://knews.kathimerini.com.cy/en/business/unlocking-the-future-of-fintech-with-ecommbx-where-money-meets-innovation
Are you ready to embark on a fintech adventure like no other? Welcome to ECOMMBX, where we’re not just another Electronic Money Institution but game-changers of the industry! Regulated by the Central Bank of Cyprus under license no. 115.1.3.20/2018, we consider ourselves pioneers of innovation in Electronic Money Services....
https://knews.kathimerini.com.cy/en/news/cyprus-seizes-5-000-illegal-meds-in-pangea-operation
The fear of social stigmatization among our fellow citizens regarding diseases such as mental illness, HIV/AIDS, and erectile dysfunction is being intentionally exploited....
https://knews.kathimerini.com.cy/en/news/a-deep-dive-into-food-waste-solutions
A third of all food produced is never eaten, meanwhile millions go hungry. What can be done? Here are six simple solutions to food waste....
https://knews.kathimerini.com.cy/en/business/master-the-art-of-black-friday-shopping
As the Black Friday tradition, originating in the 1960s in the United States, ushers in the Christmas shopping season, Cypriots face unique economic challenges....
https://knews.kathimerini.com.cy/en/news/cyprus-shuts-down-1-300-illegal-med-websites
For the 13th consecutive year, the Republic of Cyprus actively participated in Operation PANGEA XVI, held from October 3 to 10, 2023....
https://knews.kathimerini.com.cy/en/news/e-kalathi-s-game-changing-bill-on-the-house-floor
Before the House Trade Committee, the bill proposing the creation of the e-kalathi electronic platform was revisited, with no external attendees.
...
https://knews.kathimerini.com.cy/en/news/will-black-friday-s-shopping-basket-be-lighter-this-year
The November market outlook differs this year....
https://knews.kathimerini.com.cy/en/news/electronic-ids-set-to-transform-citizen-services
Before the end of the current year, citizens and various professional groups will benefit from the use of electronic identity and electronic signatures in several government services, said Philippos Hadjizacharia, the Deputy Minister of Research, Innovation, and Digital Policy, during his speech at the 19th annual Economist Conference in Nicosia.
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https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
https://knews.kathimerini.com.cy/en/news/ministries-unite-to-transform-halloumi-industry
There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....
https://knews.kathimerini.com.cy/en/business/championing-consumer-rights-in-the-digital-era
A Consumer Dialogue event titled "New Consumer Agenda - Challenges ahead" took place at the EU House in Nicosia, addressing critical aspects of consumer protection, consumer rights and obligations in an era marked by the challenges of digitalization and the green transition....
