Bet tax to be slashed to 8%

The government is reported to be close to tabling new legislation, slashing the bet tax on fixed-odds games like football, FI and other international sports from 25% to 8%. The bet tax

BOC hits fresh record high

Bank of Cyprus shares trading on the ASE finally made a clear break above EUR 3.34 resistance, touching an intra-day high of EUR 3.44 or CYP 2.00 on high volume, which helped

Savvides takes helm at CAIR

The Council of Ministers appointed the chairman and vice chairman of the Board of Directors of Cyprus Airways as well as two new members. The new Chairman is Lazaros Savvides, current Permanent

Synovate acquires AZTEC

Synovate, the market research division of Aegis Group plc, announced on March 9 that it has acquired AZTEC Information Systems (AZTEC), Australia’s leading provider of scan data services. Headquartered in Sydney, Australia,

Car registrations up 11.7% year on year

The total registrations of motor vehicles increased by 11.7% year on year to 8,171 in January – February 2005, from 7,313 in January – February 2004. Private Saloon cars increased to 6,802