According to the latest figures from the Statistical Service CYSTAT, the Turnover Value Index of Wholesale Trade and Commission Trade for December 2005 increased by 14.4 units or 9.7% to 162.9 units compared to 148.5 in November 2005. For period January-December 2005 the Index recorded an increase of 4.7% compared to the corresponding period of

Electronics maker Garmin will present a new generation of GPS workout monitors at the upcoming CeBIT electronics trade fair in Hanover (March 9 to 15). The Forerunner 205 and 305 are worn on the wrist during jogging, bicycle, or inline skating workouts and record data like speed, distance, time and heart frequency for later analysis.

Tourism revenue in January 2006 staged a 2.4% year-on-year increase to CYP 21.2 mln compared to CYP 20.7 mln a year ago in the same month and in sharp contrast to a steep decline in tourism arrivals in January, the Statistics Department announced. During January ‘06, tourism arrivals fell 6.8% to 54.800 from 58.800 a

The rate of inflation in February as measured by changes in the Consumer Price Index gained to 2.64% compared to a year ago, the Statistics Department announced. The Consumer Price Index for February 2006, increased by 0,12 units or 0,12% to 100,62 units compared to 100,50 in January 2006. This was mainly due to increases

Record 3,300 pay road-tax online JCC Payment Systems, the credit card processing consortium owned by the banks, has given Cyprus e-commerce a timely boost by setting up the mechanism for people to pay utility bills and selective government dues, including the road-tax which has proved to be extremly popular with the public. JCC General Manager

Cyprus ITV, a 24-hour Internet-based station, has just gone on-line at www.cyprusitv.tv with a variety of information channels promoting businesses and services in Cyprus. The network will launch its services at a public event at the Renault showrooms in Nicosia tonight. The three main areas of promotion and production are culture, leisure and business that