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1591. October Newsletter of K. Treppides & Co Ltd: Take Action

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

1592. WHO regional office to be set up in Larnaca

The new regional World Health Organization office to be established in Larnaca will help upgrade the level of public health in Cyprus and its surrounding region said Minister of Health Michalis Hadjipantela on Thursday....

1593. Limassol gets ready for 'Maritime Cyprus 2022'

Limassol is set to host "Maritime Cyprus 2022", between October 9 and 12, with the participation of 900 delegates from 35 countries, Deputy Minister for Shipping Vassilis Demetriades said on Thursday....

1594. House scrambles to keep ships under Cyprus flag

The House health committee in the Republic of Cyprus is scrambling to amend healthcare legislation in a race against the clock, following reports that ship owners are trying to take their business elsewhere to avoid having to pay GESY tax...

1595. Russia facing 8th set of EU sanctions

The Permanent Representatives of the 27 Member States of the European Union reached a political agreement on Wednesday morning, during the regular meeting of COREPER, on the eighth EU sanctions package against Russia, the Czech Presidency of the Council of the EU announced in a tweet....

1596. Police concerned over increasing number of forged travel documents

The increase in cases of identity fraud and presentation of fake documents, during passport controls at the airports of Cyprus, was the subject of a meeting that took place recently at the Police Headquarters, under the Deputy Chief of Police, Demetris Demetriou....

1597. Von der Leyen: Temporary cap on gas prices

The European Commission is now moving towards a temporary cap on gas prices and a common supply of energy products, Commission President Ursula von der Leyen said in a speech to the European Parliament on Wednesday morning....

1598. EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b

EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....

1599. Cyprus Airways: More capacity and destinations for the summer

Cyprus Airways announced on Tuesday its ambitious plans for Summer 2023 during which it said that it will operate to 11 confirmed destinations with a schedule of at least 43 weekly flights, new destinations, and flights to be announced soon. The Summer 2023 schedule will start on Sunday, 26th of March....

1600. EC calls for state-funded compensation for victims of trafficking

The Council of Europe's Anti-Trafficking Division along with Cyprus-based NGO 'Step Up, Stop Slavery' brought together officials from various sectors of the Cypriot government and foreign diplomatic missions to discuss the ways in which financial compensation can be offered to victims of trafficking in Cyprus....

1601. Global fintech market resilient in H1’22 - $107.8 billion in investment, according to KPMG’s Pulse of Fintech

Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...

1602. School mama accused of slapping boy in the face

A woman in Famagusta district could be in legal trouble after allegedly striking and threatening a young pupil, with reports suggesting the school mama waited outside her son’s primary after hearing about a physical altercation between the two boys...

1603. Finance Minister calls for prudency to safeguard economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

1604. Dangerous mosquito hitches plane ride to Cyprus

Cypriot authorities have been alarmed over an invasive mosquito that could potentially spread a virus, with experts saying the pesky pest most likely reached the island by plane...

1605. Cypriot businesses face serious issues, but still expect to turn a profit

What are the main problems for Cypriot businesses (table) ...

1606. Cyprus greenlights island's first crematory

A funeral home in Cyprus has obtained a permit to build the country’s first cremation facility, years after legislation paved the way despite strong resistance from the Orthodox church...

1607. Candidates concerned over higher rents facing undergraduates

Parties and candidates on Monday continued their activities, ahead of the February 2023 presidential elections, with issues such as digital transformation, labor relations, the Cyprus problem and benefits for undergraduate students who face difficulties renting student halls, topping the agenda....

1608. September Newsletter of K. Treppides & Co Ltd: European Securities and Markets Authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

1609. 'Vision 2035': The long-term strategy for the Cypriot economy

"Cyprus should be one of the best places in the world to live, work and be active" is the vision on the basis of which the Cyprus Economy and Competitiveness Council presented the new Long-Term Strategy for the sustainable development of the Cypriot economy to the Parliamentary Committee on Financial and Budgetary Affairs, on Monday....

1610. COVID: Over 1,100 people receive 4th vaccine dose in Cyprus

A total of 1,119 persons have so far received the 4th COVID vaccine dose, since September 20, deputy director of nursing services Evagoras Tambouris told the Cyprus News Agency....

1611. The embargo has its own history

The US decision to lift the embargo on the supply of military equipment to the Republic of Cyprus has a decades-long history and is linked to the embargo imposed on Turkey after its invasion of Cyprus in 1974. ...

1612. Cyprus Voice for Animals to hold protest at Presidential Palace on Oct 1st

Cyprus Voice for Animals will be holding a demonstration in front of the presidential palace on Saturday, October 1st. The animal welfare organization is calling on the government to train and empower the Animal Police in Cyprus so that they can strictly enforce animal welfare laws that are already in place....

1613. ECOMMBX celebrates its 5th birthday with its new partner CITI

On 22 September, ECOMMBX, a progressive Electronic Money Institution in Cyprus, celebrated its 5th year in business. ...

1614. ECOMMBX opens new horizons enabled by its new banking agreement with Citi

ECOMMBX, a progressive Electronic Money Institution based in Nicosia, proudly announces that it has concluded a correspondent banking agreement with Citi, the world’s most global bank. This new collaboration delivers a range of benefits for both ECOMMBX as well as Cyprus, as a jurisdiction....

1615. EU flip flops on Russian coal after Cyprus cries foul

The shipping industry in the Republic of Cyprus can breathe a sigh of relief after the European Commission eased sanctions against Russian coal, following objection from Nicosia that saw stricter guidelines as a direct blow to its competitive advantage...

1616. EY Cyprus to present findings of 2nd ΕΥ Attractiveness Survey at Cyprus Attractiveness Forum: Investment Realized on 25 October

EY Cyprus is proud to present the findings of the second edition of the EY Attractiveness Survey Cyprus 2022, during its flagship event, Cyprus Attractiveness Forum: Investment Realized 2022 on 25 October 2022 at Parklane Hotel, Limassol....

1617. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

1618. EY Cyprus recognized by International Tax Review as National Transfer Pricing Firm of the Year for the fourth consecutive time

For the fourth consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. ...

1619. Self check-in and robots - the future of tourism in Cyprus

1620. Zoophile goes to prison in bestiality case

A man from rural Nicosia has received a prison sentence after he was found guilty of sexually abusing and torturing animals at a small farm in Larnaca...