Vision acquires UK company

Vision International People Group Public Ltd (VIP) announced the acquisition of the 100% of the share capital of Total Eclipse International Ltd for GBP 50.000 in cash. The decision to proceed with

Credit card spending up 10% in Q1 ‘05

Spending by credit card increased by 10% year-on-year in the first quarter of 2005, according to JCC Payment Systems Ltd., the credit card processing company owned by the banks. During the first

MOKAS checks 8 tax amnesty cases

The Serious Fraud Office (MOKAS) is reported to be investigating eight cases that the Tax Declarations Office refused to accept during the tax amnesty period, on concerns that money laundering cases were

Suphire boss remanded for another 8 days

The Nicosia District Court renewed the remand order for another eight days detention of the CEO of Suphire Group, Yiannos Andronikou to help in the investigations concerning the CYP 9.2 mln shortfall

Cyprus sees fastest unemployment rise

Unemployment in Cyprus saw the fastest rise in the EU in February, according to the latest figures from the European statistical service, Eurostat. Unemployment, as measured on an EU-compatible basis. shot up