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31. Ministry on high alert as fuel prices soar globally

Constantinos Karagiorgis, Director of the Consumer Protection Service at the Ministry of Commerce, Energy, and Industry, has noted a concerning and continuous rise in fuel prices on the international stage. ...

32. Cyprus Cocktail Fest and N-ice Ice Cubes shake things Up!

In a significant collaboration, the Cyprus Cocktail Festival, a prominent component of the Digital Agenda Cyprus Summit, has teamed up with "N-ice" ice cubes from the Papafilippou Group....

33. Sklavenitis and Papantoniou hypermarkets to merge

The news about Sklavenitis' plan to boost its presence in the Cypriot market appears to be confirmed. It seems that the company is currently talking with Papantoniou supermarket about a potential merger....

34. Food costs soar, greens up 25.3%, fish dip by 15%

Increases were noted in 32 out of 45 categories of essential consumer products in the Consumer Product Price Monitor for July 2023, according to the Consumer Protection Service....

35. Alert issued amid spate of prepaid card scams

A total of five cases have been reported between August 4 and 10 about scams that led to withdrawals of thousands of euros through prepaid credit cards, Police spokesperson, Christos Andreou, told CNA on Friday, calling on businesses that sell such cards to be alert and cautious....

36. Tourism sets record revenue with fewer arrivals

The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....

37. Concerns over food crisis and rising prices

The head of the Competition Division of the Consumer Protection Agency at the Ministry of Commerce, Aliki Iordanou, stated that there has been no increase in product prices despite the zero VAT rate....

38. Gasoline and diesel prices expected to drop

Reductions of up to 3 cents are expected to be observed in the retail prices of unleaded gasoline (95 octanes) and diesel fuel in the coming days, according to the Director of Consumer Protection Service at the Ministry of Energy, Commerce, and Industry, Konstantinos Karagiorgis, as reported by the Cyprus News Agency (CNA)....

39. US approves sale of lab-grown chicken

The U.S. Department of Agriculture (USDA) has granted approval for the sale of cell-cultured chicken, marking a significant milestone for the cultured meat industry....

40. Office space, shops, and commercial land for sale by AstroBank

41. The theatrical hypocrisy of passing the e-kalathi bill

In early March, during the Commerce Committee meeting, the first one attended by the current Minister of Energy, the committee chairman, along with all the members, to be fair, urgently requested the government to submit a bill....

42. The 'controversial' e-kalathi bill: House and stakeholders remain unconvinced

The e-kalathi bill fails to convince the House and stakeholders. Yesterday, the Commerce Committee of the House of Representatives held discussions on the matter, with Minister of Energy, Commerce, and Industry George Papanastasiou present....

43. Roaring for a cause as the 'Distinguished Gentleman's Ride' takes the streets by storm

Cypriot motorcyclists took to the main streets of Limassol, showcasing their bikes and raising awareness for prostate cancer during the successful "The Distinguished Gentleman's Ride Limassol" event....

44. 0% VAT rate, the second round

Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....

45. Sales of halloumi are increasing

The registration of halloumi cheese as a protected designation of origin product has proven to be beneficial. This is demonstrated by the latest data from the statistical service regarding exports, as well as sales in the Cypriot market....

46. Online food bank exchange wants to reduce waste

An online platform aimed at boosting food donations and also cutting down on food waste is calling on businesses to register in hopes that a broad network can be established to help the environment and those in need...

47. What's wrong with a little transparency?

There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....

48. Easter Table: Lamb and Flaounes more expensive

The price of lamb has skyrocketed to an average of 11.5-12 euros per kilo this year, while last year it was 8-8.5 euros per kilo on average. At the same time, the price of another Easter product, flaounes, is also high, specifically 18 euros per kilo on average, while last year it was 14 euros....

49. Bill for 'e-Kalathi' product price comparison app submitted for Cabinet approval

The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....

50. Higher prices for Easter meat: Lamb sees a 25% increase, beef up by 15%

A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....

51. High prices continue to plague the market

52. Digital app to compare product prices in the works

Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Service is now promoting the preparation of a bill for the implementation of a digital tool that will enable the daily comparison of retail prices of products....

53. Fruits and vegetables being rationed in Britain

Supermarkets across the country have begun rationing fresh food items in a move that is expected to last “weeks”....

54. Cypriot Fund 'ECM Partners' acquires Starbucks Cyprus and Greece

ECM Partners, a Cypriot-owned investment fund, is putting the finishing touches on a deal to acquire Starbucks in Greece and Cyprus....

55. Supermarkets bet on their own private labeled products

Consumers are turning to private label and exclusive import products to combat inflationary pressures on consumer goods in supermarkets....

56. According to research, costs for a festive table ranges from €24 to €255

The Cyprus Consumers Association conducted a survey on the cost of the Christmas table as part of its foundation's mission to protect and provide consumers with more complete information. The survey was conducted from December 12 to December 21, 2022....

57. Lack of 'discounts' for the holiday table

This year's Christmas table is expected to be laden with delectable fare. This is a tool that supermarkets have enlisted in order to retain customers and possibly increase sales, even in times of inflation....

58. New Zealand becomes the world's first smoke-free country

As the first nation to adopt this policy and even pass a draft law, New Zealand has set the goal of getting the younger generation to stop smoking....

59. Cyprus Cocktail Festival - The Christmas Edition

Deejay Radio and Difford's Guide have announced that the CYPRUS COCKTAIL FESTIVAL, which was postponed in October of last year, will return on December 14 in CHRISTMAS MODE....

60. Marios Georgiou named Man of the Year 2022

Marios Georgiou was named Man of the Year at the 21st annual Bank of Cyprus - Man of the Year Awards 2022 held at the Parklane Hotel in Limassol last night, Wednesday, November 16th, in the presence of the President of the Republic of Cyprus, Mr. Nicos Anastasiades. ...