 The present stand-off between the Trade Minister and the government-appointed board of the Electricity Authority of Cyprus has brought to the fore a matter of great urgency, as in the past state agencies and companies owned by the taxpayer were often held hostage to the whining of trade unions thirsty for power. Now, the
More
The Minister of the Interior recently announced that he was considering giving the green light to a new self-checking, express procedure for issuing planning permits. In turn, the Developers’ Association  said that this was a big step towards solving the huge problems confronting the building industry – but will it help the purchasers who fund
More
By Donna Stephenson Director Global Recruitment Solutions When you are looking for the very best people to work in your organisation, you need the very best partner. A partner with experience, a partner with the highest professional standards, and last but not least, a partner you can trust. Global Recruitment Solutions (GRS) has the experience
More
Com Hem is the first Swedish telecom operator to deploy a IP Multimedia Subsystem (IMS) platform for commercial use to introduce new functions and subscriber services, as well as enter into new cooperation with other telecom operators. IP Multimedia Subsystem is a new network architecture that enables new telephone services and richer communications applications based
More
The Extraordinary General Meeting of Dimco (DES) held on October 24, 2007 approved unanimously the resolution to proceed with a stock split whereby the Company’s nominal capital, which amounts to CYP4,050,000 divided into 40,500,000 shares of nominal value 10 cents each be split to 81,000,000 shares of nominal value 5 cents each.According to the resolution
More
The Cyprus Stock Exchange announced that Laser Investment Group Plc has complied with the procedure for the expansion of its activities and its release from the investment restrictions and will, therefore, start trading with the “EM†marking from October 31, 2007.It is noted that the Company will continue trading in the Special Characteristics Market until
More
The Cyprus Stock Exchange announced that following a request by Aspis Holdings Public Company Ltd, the Company’s Greek and English trading code will change from ΜΦΣΟ, MFS to ΑΣΠand ASP respectively effective from Tuesday, October 30, 2007.
More
A six-member delegation of the Cyprus – Japan Friendship parliamentary Group, visiting Tokyo, discussed with Japanese officials the Cyprus question, bilateral ties and parliamentary relations, as well as economic and cultural developments in both countries. The delegation was received Wednesday by the Vice-Speaker of the Japanese House of Representatives Takahiro Yokomichi, who expressed the will
More
Famagusta Municipality delegation, under Mayor Alexis Galanos, is on a five day visit to the United States in an effort to further promote the cause of the citizens of Famagusta for the return of their home town, which is under Turkish occupation since 1974.During a meeting the delegation had in Washington with members of the
More
The value of undeclared work or “black economy†in Cyprus during 2003 accounted for 4.2 percent of the country’s Gross Domestic Product (GDP), according to the latest figures released in Brussels by the Eurobarometer, which also note that these figures are probably higher today because of illegal immigration.On the basis of the 2006 GDP, which
More