Tourism growth at 5% in 2006

Airlines agree to merge fuel surcharge into ticket prices Agent commissions may be replaced with CYP 5 ‘service charge’ Tourism arrivals in 2006 are seen increasing by 5% in addition to the

Telecom Regulator lashes out at CyTA

Telecoms Regulator Vassos Pyrgos told the House Finance Committee that despite liberalisation, CyTA still holds a massive 93.5% of the mobile market, 97% of fixed line telephony and 94% of Internet customers.

BOC raises CYP 109 mln from rights issue

Bank of Cyprus Public Company Ltd announced the successful completion of its share capital increase with the issue of a total of 77.902.232 shares and proceeds to the Bank of CYP 109.063.125

China economy much bigger than thought

Set to surpass UK and France in 2005 A revision to the way national statistics are calculated has led to a massive upward revision to China’s gross domestic product (GDP) figures and

Fitch downgrates HB’s rating to D

The international credit rating agency Fitch Ratings downgraded Hellenic Bank’s individual rating to ‘D’ from ‘C/D’. At the same time Fitch affirmed HB’s long-term rating to ‘BBB’ and short-term rating to ‘F3’

Samsung laptop with 19-inch widescreen

Washington (dpa) – Samsung is now offering a laptop with a 19-inch widescreen display. The m70 is the first widescreen mobile device offered in this size, the manufacturer reports. The display is