Malays teen electrocutes himself

A 16-year-old Malaysian boy committed suicide by wrapping exposed electrical wires around his wrist, a newspaper reported Thursday. The boy’s parents, who live in suburban Kuala Lumpur, found his body early Wednesday

Manthos Mavromatis elected new KEVE president

Nicosia businessman Manthos Mavrommatis was elected President of the Cyprus Chamber of Commerce and Industry (KEVE) on Monday afternoon, during the association’s annual general meeting. Mavrommatis, who headed the Nicosia Chamber of

Latest economic indicators

Trade deficit up 4.7% The trade deficit during the first ten months of the year increased by 4.7% year-on-year to CYP 1.79 bln as imports staged a rebound, while export growth remained

Invasion of the Greeks

Cyprus companies being snapped up by Greek investors Greek investors are taking Cyprus by a storm, snapping up companies from the services, technology and now the manufacturing sectors, making Greece the biggest

HICP up in Nov.

The Statistical Service announced that the HICP during November 2005 recorded an increase of 2,0% compared to the corresponding index of November 2004, while a year earlier, November 2004, the annual rate

Motor vehicle registrations dive in Nov.

The number of motor vehicle registrations in November fell 15.1% year-on-year to 3850 as consumers vanished from showrooms, but was 9.5% better than the October sales, according to Department of Statistics data.

MEGA calls EGM to approve Zenon issue

Megabet Pcl (MEGA) has called an Extraordinary General Meeting of shareholders on 12 January 2006 to examine the issue of 66.785.715 ordinary shares of nominal value 2.5 cent to Zenon S.A following