Cement price freeze until March 2009, new production unit by end-2010  The merger of the island’s two cement producers will go ahead after the Commission for the Protection of Competition (CPC)
The International Accounting Standards Board (IASB) has recently issued guidance clarifying the extent to which pension scheme surpluses may be recognised as a balance sheet asset where there is a statutory or
By Stavroula Kousiappa Tourism is undoubtedly one of the strongest, fastest growing and most competitive industries globally. Countries that traditionally used to be among the most favorite destinations for tourists are now
The Employers and Industrialists Federation, OEV, has submitted a package of proposals to the national Industrial Development Council, headed ex-officio by the Minister of Commerce, Industry and Tourism, that aims to revive
Total advances and loans by all Cyprus banks galloped up at a 26% pace reaching CYP 13.62 bln (EUR 23.2 bln) at the end of June, according to figures released by the
Top Kinisis Travel subsidiary, Kinisis Aviation, is general sales agent for Continental Airlines that started direct flights from New York to Athens last month. The direct connection from Athens will open up
Moody’s Investor Service has revised higher the credit rating of Cyprus on foreign currency from “A2 Positive†to “A1 Positiveâ€. According to a statement issued by the Ministry of Finance, Moody’s also
Bids for two multi-million infrastructure projects, a motorway on the north-west of the island and further development of Larnaca port and its marina, were opened by the Ministry of Communications and Works.
Personal in Paraguay has awarded Ericsson a contract to expand, modernize and upgrade its GSM network with mobile softswitch, to efficiently increase coverage and capacity nationwide. Ericsson’s Mobile Softswitch Solution will upgrade
Panasonic has announced the Middle East launch of its latest addition to the Lumix family of high-performance digital cameras – the DMC-FX100. The camera combines a superb, 28mm wide-angle Leica DC lens
