CLR Investment Fund Public Ltd. reported another disappointing performance during the first half of 2005 due to debtor writeoffs and additional revaluation losses. A sharp increase in dividend income during the period to CYP 947.212 was offset by a CYP 860.889 write-off in debtor and loans to clients impairment in value, while a CYP 1.11

The Board of Directors of Bank of Cyprus will convene on Friday, 26 August 2005 to examine the financial results of the Bank of Cyprus Group for the six months ended 30 June 2005. On the same day, the financial results will be announced to the Stock Exchange and the Press and a Press Conference

The Internet is playing a larger role in Japanese advertising and is likely to overtake magazines as third in the market as early as 2007, according to a report released Thursday. As high-speed broadband connections increase so will spending on advertising and by 2009 expenditures on Internet ads will triple from that in 2004 to

Private-sector spending accelerates Expenditure on research and development (R & D)in Cyprus inched up in 2003, according to the latest data, but still remains well below the EU average. The government remains the biggest spender, but investment by the private sector rose by 38%. On the basis of the results of the ad-hoc survey carried