A Japanese-owned factory making TV tubes in Germany announced it would close with a loss of 620 jobs as the market shrinks for traditional television sets. The Panasonic-brand plant at Esslingen, a
Scientists in Belarus are working on their own computer software to serve as an alternative to the market-leading Windows operating system from U.S. firm Microsoft. The inexpensive Belarusian operating system will work
Bank of Cyprus rights (BCRI) ended their last trading day on the CSE on Monday at 16.3 cent, down 6.32% on the day as trading on the CSE was hampered due to
The Cyprus Stock Exchange announced the temporary suspension of Monday trading for one hour citing technical problems. The Exchange said it will resume work as soon as the technical problem is fixed.
Inflation as measured by the consumer price index eased to 2.9% year on year in November, compared with 3.1% in October, according to statistics released by the Statistical Service CYSTAT on Thursday.
The number of employed persons in Cyprus reached 338,000, according to the 2004 report on “Labour Force Survey” published by the Statistical Service. The report provides data on the employed and unemployed
The Index of Industrial Production for September 2005 reached 120.6 units (Base 2000=100). For September 2005 the Index recorded an increase of 1.7% compared to September 2004. For the period January –
The Cyprus Development Bank (CDB) will proceed with the issue of 10-year Non-secured Subordinated Debentures (Tier 2 Capital). The funds will be used to strengthen CDB’s capital adequacy ratio, which stood at
